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$470,000 Sale Pending

  • For Sale
  • Pending
  • Condo
  • 1 Bed
  • 1 Full Bath
  • 416 Sq. Ft.
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Discover the perfect blend of beachside escape and investment opportunity at this second-floor studio with direct Gulf views. Wake up to the sound of the waves and end each day with shimmering sunsets-this light-filled retreat places you just steps from the shoreline on beautiful Longboat Key. Inside, the open layout offers flexible living with an updated bath and a comfortable space ready to enjoy now, while leaving room for future updates to elevate value and style. With an on-site rental office and the rare ability to do short-term rentals, this condo is ideal for personal getaways, a consistent income stream, or both. Take advantage of the community pool, stroll the beach, or explore the island's dining and boutique shops just moments away. Whether you're seeking a turnkey coastal hideaway or an income-producing asset, this Gulf-front studio delivers endless potential in one of Longboat Key's most desirable, easy-to-rent locations.

Full Property Details for 3155 Gulf of Mexico Dr #257

General

  • Price: $470,000
  • HOA FEE: $1,329/month
  • HOA FEE FREQ.: Quarterly
  • Taxes: $4,522 (2025)
  • Status: Pending
  • Type: Condo
  • Source: MidFloridaRegionalMLS
  • MLS ID: A4672986
  • Updated: 12/5/2025
  • Added to Site: 53 day(s) ago

Rental Information

  • Min. Lease: 1-7 Days

Interior

  • Number of Rooms: 3
  • Interior Features: Ceiling Fan(s), Solid Surface Counters
  • Appliances: Range, Range Hood, Refrigerator
  • Furnishings: Furnished
  • Flooring: Ceramic Tile, Terrazzo

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 1

Other Rooms

  • Laundry: Common Area

Additional Information

  • Shared Amenities: Cable TV, Laundry, Maintenance, Pool

Exterior

  • Exterior Features: Sliding Doors
  • Deck/Patio: Covered, Porch
  • Porch/Patio/Deck: Covered, Porch

Location

  • Area: 34228 - Longboat Key
  • County: Sarasota
  • Development Name: 34228 - Longboat Key
  • Subdivision: THE DIPLOMAT
  • Driving Directions: From Gulf of Mexico Dr. and Buttonwood Dr, Continue North. Diplomat is on the immediate West Side.
  • Direction Faces: Northeast

Community

  • Community Name: 34228 - Longboat Key
  • Community Features: Gulf/Ocean Front, Water Access, Waterfront, Buyer Approval Required, Pool
  • Optional Amenities: Cable TV, Laundry, Maintenance, Pool
  • Assoc. Name: AMI/Neal Fleet
  • Assoc. Fees Include: Common Area Taxes, Community Pool, Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds, Manager, Pool Maintenance, Trash

Heating & Cooling

  • Cooling Type: Mini-Split Unit(s)
  • Heating Type: Central, Electric

Utilities

  • Sewer: Public Sewer
  • Water District: GULF OF AMERICA
  • Water: Public
  • Utility Description: Cable Connected, Electricity Connected

Structural Information

  • Architectural Info: Florida
  • Architectural Style: Florida
  • Exterior Const.: Block
  • Roof: Shingle
  • Stories/Levels: One
  • Square Feet: 416
  • Sq. Ft. Source: Public Records
  • Year Built: 1960

Lot Features

  • Property View: Water
  • Street/Road Desc.: Asphalt

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Access: Yes
  • Water Access Desc: Gulf/Ocean
  • Water Front Name: GULF OF AMERICA
  • Water Front Desc.: Gulf/Ocean Front, Waterfront, Gulf/Ocean

Financial Considerations

  • Condo Fee: $3,987
  • Condo Fee Freq: Quarterly
  • Tax Amount: $4,522
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Condominium
  • Special Conditions: Probate Listing
  • Legal Description: UNIT 257 THE DIPLOMAT
  • Flood Zone Info: VE
  • APN: 5071042
  • Property ID: 5071042

Listed by Michael Saunders & Company

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Listing agent

— 3155 Gulf of Mexico Dr #257 —

  • Michael Saunders & Company

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 3155 Gulf of Mexico Dr #257

School District:Sarasota County School District
NameGradesDistance
Southside Elementary School, Sarasota, FL
1901 Webber Street, Sarasota, FL 34239
PK-57.5 mi
Booker Middle School
2250 Myrtle Street, Sarasota, FL 34234
6-86.5 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 3155 Gulf of Mexico Dr #257 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/26/2025
Listed
$470,000
443.35%
MLS
1/29/1997
Sold
$86,500
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 3155 Gulf of Mexico Dr #257

Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,348
24%
$371,000
45%
2023
$3,513
14%
$255,700
28%
2021
$3,088
-2%
$199,200
-7%
2022
$3,140
2%
$213,800
6%
2021
$3,088
-1%
$202,000
4%
2019
$3,107
12%
$193,600
10%
2018
$2,769
2%
$176,000
4%
2017
$2,724
3%
$170,000
6%
2016
$2,638
8%
$161,000
3%
2015
$2,436
2%
$156,000
5%
2014
$2,389
18%
$148,500
10%
2013
$2,025
—
$135,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 3155 Gulf of Mexico Dr #257

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Michael Saunders & Company

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3155 Gulf Of Mexico Drive #257, Longboat Key, FL 34228 (MLS# A4672986) is a Condo property with 1 bedroom and 1 full bathroom. 3155 Gulf Of Mexico Drive #257 is currently listed for $470,000 and was received on November 26, 2025. Want to learn more about 3155 Gulf Of Mexico Drive #257? Do you have questions about finding other Condo real estate for sale in Longboat Key? You can browse all Longboat Key real estate or contact a Coldwell Banker agent to request more information.

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