408 Gulf Of Mexico Dr #1214, photo 1
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Overview

0 baDock-rackominium
TypeDock-rackominium
Condo dues$220/mo
Built2006
Lot26,052 sqft

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Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

About this home

408 Gulf Of Mexico Dr #1214 is a 2006-built home in Boathouse On Longboat, Longboat Key. Flood zone AE - confirm flood insurance requirements with your lender. Condo dues run $220 monthly.

From the listing

Price includes a 2018 Robalo R18 with a Yamaha 150 motor, recently detailed tuned up for one-stop shopping! Welcome to Slip #1214 at The Boathouse on Longboat, a rare opportunity on the coveted south end of Longboat Key! This is your chance to secure a covered, hurricane-protected slip in one of Sarasota's most desirable waterfront communities. This premium slip accommodates boats up to 31.5 feet in length, with a maximum height of 8' 4" and an 8' 6" beam (No T-tops unless collapsible). Enjoy first-class service at an affordable monthly rate with unbeatable amenities. Located just minutes from both Sarasota Bay and the Gulf, this facility offers on-site fuel, restrooms, a ship store, maintenance services, leasing assistance, and even the popular Dry Dock Waterfront Grill restaurant on site. Simply call ahead and your boat will be launched, fueled, and waiting for you. At the end of the day, return to dock and watch as the team expertly rinses and stores your boat in its covered slip. This is more than boat storage, it's effortless boating in paradise. Don't miss your chance to own high and dry covered storage on Longboat Key!

The essentials

Built
2006
On market
192 days
Annual tax
$563
Condo dues
$220/mo
Flood zone
AE
Lot
26,052 sqft
Type
Dock-rackominium

At a glance

Single family
Built 2006
Waterfront
Bay/Harbor
0.60 acres
Lot size

Payment

Est. monthly payment
$809/mo
Down payment (20%)
$19,000
Property taxes
$47/mo
Condo dues
$220/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Dock-Rackominium
Year Built
2006
Lot
26,052 sqft
Cooling
-
Heating
-
Parking
-
Waterfront
Bay/Harbor
Days on Market
192
Flood Zone AE
Annual Tax (2025)
$563
Parcel #
0012042052

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Boathouse On Longboat
County
Sarasota
MLS Area
34228 - Longboat Key
Lot Size
26,052 sqft
Condo dues
$220/mo

Price history

Date
Event
Price
10/16/2026
Price change
Source: Stellar MLS #A4689763
$95,000+35.7%
-
Price change
Source: Stellar MLS #A4689763
$70,000-29.3%
4/9/2026
Listed for sale
Source: Stellar MLS #A4689763
$99,000

Neighborhood

408 Gulf Of Mexico Dr #1214
Longboat Key, FL, 34228 · 34228 - Longboat Key

Market insights

Offer Insights

Choose an offer strength

List price: $95,000
$89,000 – $95,000
93.4% – 100% of listTops out right at the list price
80% of listList price
27 of the last 53 home closings in 34228 landed at this number or higher (51%). The median one sat 95 days before it went under contract, and this one is on day 192 after a $4,000 cut.

Sample: 53 closed home sales in 34228 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

Talk through an offer with our team

Calculator

Est. monthly payment
$810/mo
Principal & interest$495
Property taxes$47
Insurance$48
HOA$220
Down payment20% · $19,000
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. HOA includes any condo dues reported on the listing. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$95,000

Time on market

192 days

Year built

2006

Monthly payment

About $809/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $563 annual tax bill, insurance, and $220/mo in condo dues.

Condo dues

$220/mo

Flood zone

Zone AE

That is a high-risk designation, so a lender will normally require flood insurance. Confirm the current rate before you write an offer.

Offer

What should I offer?

Have another question?

Brokered byMICHAEL SAUNDERS & COMPANYListing agent: Daniel TreimanListing data from Stellar MLS, MLS# A4689763.

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