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4235 Gulf Of Mexico Dr #T101, Longboat Key, FL, 34228

1beds
1baths
720sqft
$825,000
$1,146price/sqft
$6,284/moest. monthly cost
$251,360/yrincome needed

About This Home

Turnkey furnished and direct Gulf-front, this exceptional ground-floor residence at Turtle Crawl Inn on Longboat Key offers both effortless beachfront living and remarkable, documented rental performance. Residence T-101 has averaged a yearly gross rental income of approximately $90,000 over the past three years, making it a compelling opportunity for investors, seasonal owners, or those seeking a flexible coastal retreat with established returns. Positioned directly on the sand, this rare walk-out Gulf-front residence features a private patio just steps from the turquoise waters of the Gulf of Mexico—ideal for enjoying sunset views over the shoreline. The professionally designed interior blends coastal comfort with modern updates, featuring imported contemporary porcelain flooring from Italy throughout the open layout. The kitchen offers updated cabinetry, stone countertops, white appliances, and a seamless connection to the living and dining areas—perfect for relaxed beachside living or hosting guests. Impact windows with plantation shutters and impact glass sliders enhance peace of mind while filling the space with natural light. The spacious bedroom accommodates guests comfortably, while the completely updated bathroom (2021) showcases clean, timeless finishes. Step outside to the travertine-tiled Gulf-front patio, your private vantage point overlooking the beach, dunes, and horizon—an amenity highly valued by renters and owners alike. Turtle Crawl Inn is known for its laid-back resort atmosphere and strong rental appeal, offering a heated swimming pool, beachside cabanas, gas grilling stations, picnic areas, fishing opportunities, a putting green, shuffleboard courts, and deeded beach access. Flexible rental options make this community especially attractive for income-focused ownership. Located on the desirable mid-island stretch of Longboat Key, the property is minutes from waterfront dining, marinas, Bayfront Park, Joan M. Durante Park, and boating access. Anna Maria Island lies just to the north, while St. Armands Circle and downtown Sarasota’s shopping, dining, and cultural attractions are a short drive south. Whether you’re seeking a high-performing income property, a personal beachfront escape, or a blend of both, this Gulf-front residence delivers proven rental history, prime location, and direct beach access—a rare combination on Longboat Key.

Getting Around

15
WalkingCar-Dependent
0
TransitVery Limited Transit
57
BikeBikeable

Schools

8/10
4/10
2/10
Bayshore High SchoolGrades 9-124.8 mi

Construction

Condition

  • Year built: 1973

Materials

  • Foundation: Slab
  • Roof: Built-Up
  • Construction materials: Stucco

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Disposal,Microwave,Range,Refrigerator
  • Laundry features: Common Area,Upper Level

Balcony Porch Lanai

  • Level: First

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Dining Room

  • Level: First

Features

  • Living Room/Dining Room Combo,Open Floorplan,Solid Wood Cabinets,Stone Counters
  • Door features: Outdoor Grill,Outdoor Shower,Sliding Doors
  • Window features: Shutters,Window Treatments,Hurricane Shutters/Windows
  • Flooring: Porcelain Tile
  • Common walls with other units/homes: Corner Unit,End Unit

Foyer

  • Level: First

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air

Interior Area

  • Total structure area: 839
  • Total interior livable area: 720 sqft

Kitchen

  • Features: Built-In Shelving,Stone Counters
  • Level: First

Living Room

  • Level: First

Primary Bathroom

  • Features: Built-In Shelving,Single Vanity,Stone Counters,Tub With Shower
  • Level: First

Primary Bedroom

  • Features: Walk-In Closet(s)
  • Level: First

Property

Details

  • Parcel number: 8020900559
  • Zoning: T6
  • Special condition: None

Features

  • Levels: One
  • Stories: 1
  • Pool features: Child Safety Fence,Deck,Gunite,In Ground
  • Patio & porch: Deck,Rear Porch
  • Exterior features: Irrigation System,Lighting,Outdoor Grill,Outdoor Shower,Sidewalk
  • Has view: Yes
  • View description: Water,Beach,Gulf/Ocean - Full
  • Has water view: Yes
  • Water view: Water,Beach,Gulf/Ocean - Full
  • On waterfront: Yes
  • Waterfront features: Gulf/Ocean Front,Waterfront,Beach,Gulf/Ocean,Beach Access,Beach - Access Deeded,Gulf/Ocean Access
  • Residential vegetation: Mature Landscaping,Trees/Landscaped

Lot

  • Lot size: 2.03 Acres
  • Features: FloodZone,In County,Landscaped,Near Golf Course,Near Marina

Parking

  • Parking features: Guest

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingVery High
  • Hurricane
    HurricaneVery High
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Hurricane
Lightning
Tornado
Tsunami

FEMA Declared Disasters in Manatee County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,171$50,052
Home Insurance *$699$8,388
Property Taxes $1,217$14,604
Electricity $197$2,366
Total$6,284$75,408
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$215,451/yr
40% on housing$188,520/yr
45% on housing$167,573/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.9%
11.9%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 3.6%
3.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,146This listing

vs Other Active Listings

Avg $/sqft

ZIP 34228$737
Manatee County$264

vs Homes Sold Last Month

Median $/sqft

ZIP 34228$667
Manatee County$239

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-02-02Price change$825,000
2025-12-01Listed for sale$895,000
2017-08-04Sold$370,000
2017-03-09Listing removed$449,000
2016-09-09Listed for sale$449,000
2003-07-11Sold$347,000

For Sale by Agent

AgentRoger Pettingell
BrokerageCOLDWELL BANKER REALTY

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