David Ramirez
$1,899,0004 bd2.5 ba3,009 sqft$631 /sqft$11,840 /mo all-in ↓

3040 GULF OF MEXICO DRIVE UNIT 3, LONGBOAT KEY, FL, 34228

Active104 days on marketListed May 5, 2026MLS #A4692587

Private poolSingle Family ResidenceTRITON COVE

About this home

3040 GULF OF MEXICO DRIVE UNIT 3

Welcome to island living on Longboat Key, one of Sarasota's premier barrier island destinations. In Triton Cove, this coastal residence offers direct Gulf Beach access across the street and a lifestyle designed for boating, seasonal use or year-round living along Florida's Gulf Coast. Enjoy nightly sunsets along Gulf of Mexico Drive or experience world-class dining and shopping on nearby St. Armands Circle. An elevated entry leads to the main living level, where expansive glass defines the open-concept design, connecting the living room, kitchen and dining areas. Positioned within a five-residence enclave, this property offers convenient access to Sarasota dining, shopping and waterfront recreation while supporting a low-maintenance ownership experience. This tri-level single-family home features four bedrooms and 2.5 baths, complemented by a two-car garage with dual 8-foot doors and extensive storage. The ground level includes multiple flexible-use rooms ideal for fitness, storage or organization of beach equipment, kayaks, bicycles and boating gear. A dumbwaiter provides direct access from the garage to the kitchen. Interior features include engineered wood flooring in main living areas and new carpet in bedrooms. The kitchen is designed with wood cabinetry, granite countertops, deep storage drawers, an appliance garage, a rollout pantry wall and stainless steel appliances, including a GE wall oven/microwave combo, an induction cooktop and an LG refrigerator. Additional features include a wet bar with cabinetry and a mirrored wall, an electric fireplace and plantation shutters. The primary suite offers a private setting with dual vanities, a soaking tub, a separate shower, two walk-in closets and a Juliette balcony with partial gulf views. The third level includes a bonus room suitable for media, an office or a private retreat. Outdoor living includes a natural gas-heated pool and spa, an outdoor shower and a private fenced setting. Pool systems including a new motor, filters and heater, and the interior of the pool has been refinished. Recent improvements include a 2024 shingle roof with warranty, zoned HVAC systems installed in 2018 and 2020, and a 2025 water heater. The home includes a monitored alarm system. Triton Cove offers a maintained environment with low monthly HOA fees of $500, including landscape maintenance of common areas, pest control, pool service and exterior lighting. Leasing is permitted up to four times annually with a one-month minimum. Located near Longboat Key Bayfront Park and Longboat Dog Park, residents may enjoy pickleball, tennis, playgrounds and picnic areas. Nearby conveniences include grocery, pharmacy, boat rentals and storage options along Longboat Key, as well as being within reach of Sarasota amenities. Optional membership to the Longboat Key Club provides access to golf, tennis, beach and social amenities, enhancing the gulf-front lifestyle experience on Florida's west coast. Don’t miss out on your private tour of this special coastal home featuring four bedrooms, 3000-plus square feet of air-conditioned living space, a two-car garage, a 30-foot pool and a hot tub on Longboat Key with beach access with low taxes for under $2 million; this is an extraordinary value!

Facts & features

The home at a glance

4

Bedrooms

2.5

Bathrooms

3,009

Sqft

0 ac

Lot size

2

Garage

1995

Year built

Multi/Split

Levels

$631

Per sqft

Private poolFireplacePark/Greenbelt & Trees/Woods viewPets allowed

Inside

FlooringCarpet · Ceramic Tile · Engineered Hardwood · Porcelain Tile · Recycled/Composite Flooring · Tile
AppliancesBuilt-In Oven · Cooktop · Dishwasher · Disposal · Dryer · Electric Water Heater · Freezer · Ice Maker · Microwave · Refrigerator · Washer
InteriorBuilt-in Features · Ceiling Fan(s) · Central Vacuum · Eating Space In Kitchen · High Ceilings · Living Room/Dining Room Combo · PrimaryBedroom Upstairs · Solid Surface Counters · Split Bedroom · Stone Counters · Thermostat · Walk-In Closet(s) · Wet Bar · Window Treatments
LaundryInside · Laundry Room · Upper Level
CoolingCentral Air · Zoned
HeatingCentral · Electric · Natural Gas · Zoned

Outside & construction

RoofShingle
ConstructionBlock · Metal Siding · Wood Frame
FoundationBlock · Slab
ViewPark/Greenbelt · Trees/Woods
FacesSouthwest
ParkingDriveway · Garage Door Opener · Ground Level · Workshop in Garage
ExteriorBalcony · French Doors · Garden · Lighting · Outdoor Shower · Private Entrance · Private Yard · Sliding Doors · Storage

Community & fees

Taxes (2025)$8,653/yr
PetsCats OK, Dogs OK, Yes
CommunityDeed Restrictions · No Truck/RV/Motorcycle Parking · Special Community Restrictions

Utilities & systems

UtilitiesCable Connected · Electricity Available · Electricity Connected · Natural Gas Available · Natural Gas Connected · Sewer Connected · Sprinkler Well · Underground Utilities · Water Connected
WaterPublic

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.

$11,840 /mo · 10% down Conventional, 30-yr fixed at 6%

Principal & interest$10,247
PMI (est., until 20% equity)$712
Property tax — 2025 actual bill$721
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $189,900Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type

FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.

Down payment10% · $189,900
Interest rate6.00%
Loan term

Estimated payment

$11,840/mo

Principal & interest$10,247
PMI (est., until 20% equity)$712
Property taxes (actual bill)$721
Est. insurance$160

Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Value check

Is the price right?

The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.

List $1.9M
$1.5MedgeAI estimate $2,195,668 · range $1.6M$2.7M$2.8M

vs edgeAI estimate

−13.5%

$/sqft vs Longboat Key actives

$631 vs $693

Days on market

104 vs 95 typical

Where $631/sqft sits among the 245 Longboat Key actives

109 · this home
62
37
12
9
16
$369–653$653–938$938–1222$1222–1506$1506–1790$1790+

The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.

Where it sits

Inside Longboat Key

Map of 3040 GULF OF MEXICO DRIVE UNIT 3

Get to know Longboat Key. See the full Longboat Key guide →

LONGBOAT KEY 34228 — neighborhood snapshot

Population

7,512

Median age

71.5

Median income

$143,365

Median home value

$959,200

Avg household

1.8

Households w/ children

51%

For the school run

Sarasota County School District

HighBooker High School★★★★★
ElementarySouthside Elementary School★★★★★
MiddleBooker Middle School★★★★

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Longboat Key market

Seller’s marketBalanced5.6 months of inventoryBuyer’s market

$820K$1.4M

Longboat Key median sold, yr/yr

93.1%

Sale-to-list ratio (12 mo)

108 of 245

Longboat Key actives have cut their price

Median sold price, Longboat Key, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 197% above the LONGBOAT KEY 34228 median. See the full Longboat Key market guide →

Paper trail

This home's history

May 5, 2026Listed at $1,899,000 · 104 days on market since
1995Built · TRITON COVE

Reality check

What actually sold near 3040 GULF OF MEXICO DRIVE UNIT 3

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

617 NEPTUNE AVENUESold · Mar ’26

$2,285,000

617 NEPTUNE AVENUE · same community

3 bd · 3.5 ba · 2,939 sqft · $777/sqft · 7 DOM

2333 GULF OF MEXICO DRIVE UNIT 1A2Sold · Jan ’26

$4,300,000

2333 GULF OF MEXICO DRIVE UNIT 1A2

3 bd · 2.5 ba · 3,060 sqft · $1,405/sqft · 7 DOM

2333 GULF OF MEXICO DRIVE UNIT 1A3Sold · Nov ’25

$3,350,000

2333 GULF OF MEXICO DRIVE UNIT 1A3

3 bd · 2.5 ba · 3,060 sqft · $1,095/sqft · 92 DOM

Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.

Your home team

The pros in your corner

Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

David Ramirez

Your agent

David Ramirez

Real Estate Agent · CENTURY 21 Edge

Tours, negotiation, and every question about 3040 GULF OF MEXICO DRIVE UNIT 3 — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 3040 GULF OF MEXICO DRIVE UNIT 3 — before you fall in love.

See it in person

Schedule a tour

Pick a day that works — this goes straight to David's phone and CRM.

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Goes straight to David’s phone and CRM.

Straight answers

3040 GULF OF MEXICO DRIVE UNIT 3 FAQs

What would the monthly payment be for 3040 GULF OF MEXICO DRIVE UNIT 3?+

With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $11,840/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.

What are the property taxes on 3040 GULF OF MEXICO DRIVE UNIT 3?+

The most recent tax bill on record (2025) was $8,653. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

Are pets allowed at 3040 GULF OF MEXICO DRIVE UNIT 3?+

The listing reports pets: Cats OK, Dogs OK, Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.

How does the price compare to other homes in Longboat Key?+

At $1,899,000, this home is listed about 100% above the Longboat Key median of $950,000. The market section on this page shows how the area is trending.

Which schools are assigned to 3040 GULF OF MEXICO DRIVE UNIT 3?+

Booker High School (high), Southside Elementary School (elementary), Booker Middle School (middle) — Sarasota County School District. Always verify school assignments with the district before relying on them.

The brief

Three things that matter here

01Positioned at the premium end

$1,899,000 runs 197% above the LONGBOAT KEY 34228 median — but at 3,009 sqft it's also nearly twice the size of the typical Longboat Key listing.

02Your own pool

A private pool — the feature Florida buyers ask for first, already in the ground and included in the price.

03Strong assigned schools

Booker High School, Southside Elementary School, Booker Middle School — Southside Elementary School rates 5 of 5. Always verify assignments with the district.

Listing courtesy of PREMIER SOTHEBY'S INTERNATIONAL REALTY · Frank Lambert. MLS #A4692587.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.

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