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Mary Schmidt
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<b>REALTOR®</b>
(941) 932-0348
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$456,789

4485 Gulf Of Mexico Drive Longboat Key, FL 34228 • Residential - Condominium • Active

  • 4485 Gulf Of Mexico Drive, Unit 402, Longboat Key, FL 34228 Main Photo

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Description

Virtually Staged. Auction Property. Auction Property. This Beachfront Condominium will be sold at an Online Auction October 29 ~ November 4. 4485 GULF OF MEXICO DR, #402, LONGBOAT KEY, FL. This is a 2 Bedroom, 2 Bathroom Condominium with stunning views of the brilliant Gulf from every room and immediate beach access on Longboat Key. Arbomar Owners enjoy a heated beachfront pool, fitness center, and a welcoming well-maintained community with private coded access and an elevator. All special assessments will be paid in full by the seller at closing, eliminating future capital expense concerns for the buyer.The residence features a bright, open layout designed to capture stunning water views and coastal breezes. Significant recent improvements provide exceptional value and peace of mind, including a new roof, new balconies and walkways with diamond coating, Brand New carports within the past year and new doors and impact-rated windows throughout the community. The pool has just been resurfaced and has a brand new pump and heater. Inside, the home is ready for you to add your own flair. Ideal for full-time living, a seasonal retreat, or an income-producing beach getaway. This condo has a community washer and dryer just outside the front door, and also has a space where one could be installed inside. There are also storm shutters on the balcony for extra security. It comes with one dedicated covered parking spot and extra storage space downstairs.The amenities includes 24 hour security, pavered parking and entrance, elevators, a glistening resort style swimming pool, recreation clubhouse, shuffleboard, and fitness center.Perfectly positioned on Longboat Key, Arbomar is just minutes from St. Armands Circle, Sarasota's dining and cultural attractions and world-class golf, and just a short trip to the Sarasota International Airport. Experience the luxury of Florida living with panoramic Gulf views and stunning sunsets every day.This building has cell phone towers on the roof that generate significant income for the association. With low maintenance fees and a great rental policy. The Milestone study and SIRS are completed and any past fees will be brought up to date at closing. This sale will come with a Warranty Deed ensuring that all taxes and condominium fees are current.This property will only be sold at Auction. ANY price in any listing or advertisement is for reference only, the selling price will be determined at auction. There is NO starting bid, you may bid any amount.

Property Highlights

Property Type: Residential - Condominium
Cooling: Central Air
Heating: Central, Electric
Roof Type: Built-Up
Stories: 9.0
Taxes: $4,280
Year Built: 1973

General Information

Bedrooms: 2
Bathrooms: 2 Full
Sqft: 1,022
County: Manatee
Subdivision: ARBOMAR
Listed By:
Paula Van De Ree NEAL VAN DE REE & ASSOCIATES 941-488-1500

Amenities

Living Room/Dining Room Combo
Primary Bedroom Main Floor
Thermostat
Walk-In Closet(s)
Balcony
Lighting

Property Features

Appliances: Dishwasher, Range, Refrigerator
Body of Water: GULF OF MEXICO
Community Features: Clubhouse, Deed Restrictions, Fitness Center, Pool, Sidewalks
Days on Site: 15
Directions: Heading North on Longboat Key from St Armands the property is on the west side of the road.
Exterior: Block
Flood Zone Code: AE
Flooring: Ceramic Tile, Laminate
Foundation: Slab
Frontage Gulf Ocean: 195
HOA Fee: 4000/ Quarterly
HOA Y/N: Yes
Home Warranty Y/N: No
Listing Terms: Cash, Conventional, FHA
Ownership: Fee Simple
Parking: Common, Covered, Ground Level, Guest, Reserved
Parking Notes: Common, Covered, Ground Level, Guest, Reserved
Pets Allowed: Cats OK, Dogs OK
Property Attached Y/N: No
Property Sub-Type: Condominium
Security: Fire Alarm
Sewer: Public Sewer
Showing Instructions: 24 Hour Notice, Appointment Only, Call Listing Agent 2,Call Before Showing, No Lockbox, Other, See Remarks, ShowingTime
Special Sale Provisions: Auction
Special View Info: Water
Utilities: Electricity Connected, Public, Sewer Connected, Water Connected
Water: Public
Water Access: Beach - Access Deeded, Gulf/Ocean
Water Access Y/N: Yes
Waterfront Features: Beach Front, Gulf/Ocean
Water View: Beach, Gulf/Ocean - Full
Zoning: R3MX
$456,789
2beds
2.0baths
1,022sqft
Active Price Reduced $197,532 on October 15th, 2026
BEDS2 BATHS2 full SQUARE FEET1,022 MLS#N6146025
STATUSActive PROPERTY TYPEResidential - Condominium SUBDIVISIONARBOMAR

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4485 Gulf Of Mexico Drive, Unit 402, Longboat Key, FL 34228.

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Estimated Payment

$ 2,030.57 per month $1,540.68 Principal & Interest $356.67 Property Tax $133.23 Homeowner's Insurance

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About this area

Florida/Longboat Key
Longboat Key

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About Longboat Key

Longboat Key, FL recently was named one of Condé Nast's Top Ten Traveler’s Islands. Longboat Key possesses something uniquely its own. There is a natural beauty and elegance to Longboat Key that entrances visitors and residents, and in many ways it’s the perfect beach getaway. Those that live there have stunning scenery, a luxurious vibe, and easy access to places like Sarasota, Bradenton, and Tampa.


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About this community

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 10/16/2026. The listing information on this page last changed on 10/16/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 10/16/2026 9:28:54 AM EST) or Stellar MLS (last updated Fri 10/16/2026 9:19:52 AM EST). Real estate listings held by brokerage firms other than Wagner Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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