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  3. Longboat Key, FL
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  5. 3540 Gulf Of Mexico Dr
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3540 Gulf Of Mexico Dr

3540 Gulf Of Mexico Dr, Longboat Key, FL, 34228
Butterwood Cove

YEAR BUILT

1980

# STORIES

3

# TOTAL UNITS

11

UNIT SIZE RANGE

1,284-2,568 sqft

Description

3540 Gulf of Mexico Dr stands in Longboat Key, close to the intersection of Gulf of Mexico Drive and Broadway Street. This building offers scenic waterfront views of the Gulf of Mexico. The location enjoys a mid-Key bay-to-beach setting, with nearby access to St. Armand’s Circle for shopping and dining. The building is a low-rise structure with three stories and contains 11 condominium units. It was built in 1980 and offers unit sizes that range from 1,284 to 2,568 square feet. Units are available with 2 and 3 bedrooms. Prices for units range from $1,000,000 to $1,225,000, while the average closed price is $701,667. The building sits on 5 acres of landscaped grounds. Amenities include a bayside heated pool, tennis and pickleball courts, and a renovated clubhouse with a full kitchen. Residents also have access to a fishing dock, kayak launch, and private beach access with picnic facilities. The common spaces have seen recent improvements, including new roofs and exterior paint. Elevators and vehicle restrictions add to the ease of living in this community. The average days on market for units is around 97, showing a lively interest in the property. Each unit offers spacious patios and updated kitchens, making them appealing for both permanent and vacation living. The panoramic views from the residences enhance daily life, while the community features like a clubhouse and fitness center foster a vibrant atmosphere. Nearby, Emerson Education and Wellness serves the educational needs of residents. This building blends easy access to water activities and private facilities with the charm of living in Longboat Key.

Building ImageMLS ID #A4512315
Building ImageMLS ID #A4512315
Building Image
Building ImageView Listing

3540 Gulf Of Mexico Dr

3540 Gulf Of Mexico Dr, Longboat Key, FL, 34228


Butterwood Cove

YEAR BUILT

1980

# STORIES

3

# TOTAL UNITS

11

UNIT SIZE RANGE

1,284-2,568 sqft

Description

3540 Gulf of Mexico Dr stands in Longboat Key, close to the intersection of Gulf of Mexico Drive and Broadway Street. This building offers scenic waterfront views of the Gulf of Mexico. The location enjoys a mid-Key bay-to-beach setting, with nearby access to St. Armand’s Circle for shopping and dining. The building is a low-rise structure with three stories and contains 11 condominium units. It was built in 1980 and offers unit sizes that range from 1,284 to 2,568 square feet. Units are available with 2 and 3 bedrooms. Prices for units range from $1,000,000 to $1,225,000, while the average closed price is $701,667. The building sits on 5 acres of landscaped grounds. Amenities include a bayside heated pool, tennis and pickleball courts, and a renovated clubhouse with a full kitchen. Residents also have access to a fishing dock, kayak launch, and private beach access with picnic facilities. The common spaces have seen recent improvements, including new roofs and exterior paint. Elevators and vehicle restrictions add to the ease of living in this community. The average days on market for units is around 97, showing a lively interest in the property. Each unit offers spacious patios and updated kitchens, making them appealing for both permanent and vacation living. The panoramic views from the residences enhance daily life, while the community features like a clubhouse and fitness center foster a vibrant atmosphere. Nearby, Emerson Education and Wellness serves the educational needs of residents. This building blends easy access to water activities and private facilities with the charm of living in Longboat Key.

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Description

3540 Gulf of Mexico Dr stands in Longboat Key, close to the intersection of Gulf of Mexico Drive and Broadway Street. This building offers scenic waterfront views of the Gulf of Mexico. The location enjoys a mid-Key bay-to-beach setting, with nearby access to St. Armand’s Circle for shopping and dining. The building is a low-rise structure with three stories and contains 11 condominium units. It was built in 1980 and offers unit sizes that range from 1,284 to 2,568 square feet. Units are available with 2 and 3 bedrooms. Prices for units range from $1,000,000 to $1,225,000, while the average closed price is $701,667. The building sits on 5 acres of landscaped grounds. Amenities include a bayside heated pool, tennis and pickleball courts, and a renovated clubhouse with a full kitchen. Residents also have access to a fishing dock, kayak launch, and private beach access with picnic facilities. The common spaces have seen recent improvements, including new roofs and exterior paint. Elevators and vehicle restrictions add to the ease of living in this community. The average days on market for units is around 97, showing a lively interest in the property. Each unit offers spacious patios and updated kitchens, making them appealing for both permanent and vacation living. The panoramic views from the residences enhance daily life, while the community features like a clubhouse and fitness center foster a vibrant atmosphere. Nearby, Emerson Education and Wellness serves the educational needs of residents. This building blends easy access to water activities and private facilities with the charm of living in Longboat Key.

3540 Gulf Of Mexico Dr Key Stats Last 12 months

Avg. Listed Price$599,000($467/Sqft.)

Avg. Sale Price$701,667($399/Sqft.)
Year over year list priceDown Arrow30.55%

Year over year sale priceUp Arrow 8.79%
Total Listings1 Listed

Total sold3 Sold
Average Days on Market97 days

Average HOA fees per sqft-
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Key Stats

Year over year list priceDown Arrow30.55%

Year over year sale priceUp Arrow8.79%
Total Listings1 Listed

Total sold3 Sold
Average Days on Market97 days

Average HOA fees per sqft-

Glen Gardens Estate Availability & Demand

Unit Availability

-
High availability buildings list units frequently.

Unit Availability helps to understand how often units in a particular building are listed for sale as compared with the neighborhood average. Units are rarely listed in buildings with low availability.

Unit Demand

High
Units in high-demand buildings sell quicker.

Unit Demand is a measure of quickly units in a particular building sell as compared with other buildings in the neighborhood. Units in high-demand buildings sell more quickly.

For Sale 0 For Sale

3540 Gulf Of Mexico Dr Sold Listings

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 102102128422462026-05-01
MLS#: A4685789
Closed$575,000
Unit 2022021479221952025-10-29
MLS#: A4648922
Closed$530,000
Unit 303303256833402025-06-23
MLS#: A4651890
Closed$1,000,000
Unit 204204128422662024-07-08
MLS#: A4609309
Closed$645,000
Unit 102
102

2 Beds

2 Baths

1284 sqft


DateStatusPrice
2026-05-01Closed$575,000
MLS#: A4685789
Days On Market46
Unit 202
202

2 Beds

2 Baths

1479 sqft


DateStatusPrice
2025-10-29Closed$530,000
MLS#: A4648922
Days On Market195
Unit 204
204

2 Beds

2 Baths

1284 sqft


DateStatusPrice
2024-07-08Closed$645,000
MLS#: A4609309
Days On Market66
Unit 303
303

3 Beds

3 Baths

2568 sqft


DateStatusPrice
2025-06-23Closed$1,000,000
MLS#: A4651890
Days On Market40
View Complete Unit Listing HistorySource By: Stellar MLS

Amenities

Step outside your door and enjoy a variety of amenities. This condo building features well-maintained sidewalks that make for pleasant strolls. You’ll find plenty of recreation facilities, perfect for both relaxation and exercise. There are areas for fishing, racquetball, and even pickleball courts for fun games. Spend sunny days by the pool or challenge friends to tennis matches at the available courts. The fitness center helps you stay active, and the club house is a great place to gather. With water access and a boat slip, water lovers can enjoy their favorite activities with ease. Elevators ensure convenient access to all floors, making life just a bit easier. The surrounding park is perfect for picnics or leisurely walks.

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Amenities Description

Step outside your door and enjoy a variety of amenities. This condo building features well-maintained sidewalks that make for pleasant strolls. You’ll find plenty of recreation facilities, perfect for both relaxation and exercise. There are areas for fishing, racquetball, and even pickleball courts for fun games. Spend sunny days by the pool or challenge friends to tennis matches at the available courts. The fitness center helps you stay active, and the club house is a great place to gather. With water access and a boat slip, water lovers can enjoy their favorite activities with ease. Elevators ensure convenient access to all floors, making life just a bit easier. The surrounding park is perfect for picnics or leisurely walks.

Parking
Parking
Locker
Locker
Concierge
Concierge
Elevator(s)
Elevator(s)
Check Icon
Central AC
Central AC
Pool
Pool
Check Icon
Fitness Center
Fitness Center
Check Icon
Visitors Parking
Visitors Parking
Next

Amenities

Elevator(s)

Elevator(s)

Fitness Center

Fitness Center

Pool

Pool

Security

Security

Tennis Court(s)

Tennis Court(s)

Clubhouse

Clubhouse

Storage

Storage

Balcony

Balcony

Smoke Detector(s)

Smoke Detector(s)

Policies

The building has clear policies to create a nice living environment. There are number limits in place to keep the community comfortable. If you have pets, you’ll be pleased to know that both cats and dogs are allowed, but size limits apply. This means you can bring your furry friends along when you make this condo your home. Whether you are enjoying the amenities or having a fun day with your pets, this community offers a welcoming space for everyone.

Next

Amenities Description

The building has clear policies to create a nice living environment. There are number limits in place to keep the community comfortable. If you have pets, you’ll be pleased to know that both cats and dogs are allowed, but size limits apply. This means you can bring your furry friends along when you make this condo your home. Whether you are enjoying the amenities or having a fun day with your pets, this community offers a welcoming space for everyone.

Pet Allowed
Check
Pet Allowed
BBQ Permitted
BBQ Permitted
Sublet Allowed
Sublet Allowed
Short-term Rental Allowed
Short-term Rental Allowed

Compare with Buildings in the Neighbourhood (Last 12 Months)

Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby

Building NameAvg price per square footAVG HOA FEE per square foot (Monthly)
3540 Gulf Of Mexico Dr$399/sqft.-

Nearby Schools

No Schools Data Available

Transit

No Transit Data Available

The Neighbourhood: 3540 Gulf Of Mexico Dr

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3540 Gulf Of Mexico Dr Demographics

This neighborhood indicates a good mix of people which makes it a good place for families. About 0.06% are children aged 0–14, 0.96% are young adults between 15–29, 3.11% are adults aged 30–44, 8.64% are in the 45–59 range and 87.22% are seniors aged 60 and above. Commuting options are also varying where 45.01% of residents relying on driving, while others prefer public transit around 0%, walking around 0%, biking around 0%, allowing residents to choose travel modes that best fit their daily routines. Most homes in the area are with 95.99% of units owner occupied and 4.01% are rented. The neighborhood offers different household types. About 1.6% are single family homes and 0% are multi family units. Around 30.52% are single-person households, while 69.48% are multi person households. This mix works well for families, roommates, and individuals. Education levels in the neighborhood vary widely where 25.94% of residents have bachelor’s degrees. Around 17.22% have high school or college education. Another 8.13% hold diplomas while 35.7% have completed postgraduate studies. The remaining are 13% with other types of qualifications.

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Demographics Description

This neighborhood indicates a good mix of people which makes it a good place for families. About 0.06% are children aged 0–14, 0.96% are young adults between 15–29, 3.11% are adults aged 30–44, 8.64% are in the 45–59 range and 87.22% are seniors aged 60 and above. Commuting options are also varying where 45.01% of residents relying on driving, while others prefer public transit around 0%, walking around 0%, biking around 0%, allowing residents to choose travel modes that best fit their daily routines. Most homes in the area are with 95.99% of units owner occupied and 4.01% are rented. The neighborhood offers different household types. About 1.6% are single family homes and 0% are multi family units. Around 30.52% are single-person households, while 69.48% are multi person households. This mix works well for families, roommates, and individuals. Education levels in the neighborhood vary widely where 25.94% of residents have bachelor’s degrees. Around 17.22% have high school or college education. Another 8.13% hold diplomas while 35.7% have completed postgraduate studies. The remaining are 13% with other types of qualifications.

Age Demographics

0.06% (0 - 14 years old)

0.96% (15 - 29 years old)

3.11% (30 - 44 years old)

8.64% (45 - 59 years old)

87.22% (60+ years old)

Commute

0%

Transit

0%

Walk

45.01%

Drive

0%

Bike

Housing Ownership

95.99%

Owner Occupied

4.01%

Rental Units

Household Types

1.6%

Single Family

0%

Multi Family

30.52%

Single Person

69.48%

Multi Person

Education

Bachelors Degree25.94%
High School College17.22%
Diploma8.13%
Post Graduate35.7%
Others13%
Next

Education

Diploma8.13%
Post Graduate35.7%
Others13%
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  2. /Longboat Key, FL
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    3540 Gulf Of Mexico Dr
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