Longboat Key Homes under $500,000

Longboat Key Homes under $500,000

Welcome to Longboat Key, Florida – a stunning barrier island that perfectly blends the allure of coastal living with the charm of a tight-knit community. Nestled between the Gulf of Mexico and Sarasota Bay, Longboat Key is renowned for its pristine beaches, breathtaking sunsets, and lush landscapes. This picturesque locale offers a relaxed lifestyle that is ideal for families, retirees, and anyone looking to escape the hustle and bustle of city life.

One of the most appealing aspects of Longboat Key is the diverse real estate market, particularly for those seeking homes under $500,000. Here, you’ll find a variety of options that cater to different tastes and lifestyles. From cozy beach cottages to modern condos with stunning water views, there’s something for everyone. These affordable homes provide an opportunity to embrace the serene island life without breaking the bank, making it a perfect choice for first-time homebuyers or those looking for a vacation retreat.

In addition to its beautiful homes, Longboat Key boasts a vibrant community atmosphere. Residents enjoy access to world-class dining, boutique shopping, and a plethora of outdoor activities, including kayaking, golfing, and biking along scenic trails. The island is also home to numerous parks and nature preserves, offering plenty of opportunities to explore the great outdoors.

Whether you’re drawn to the sun-kissed beaches, the friendly neighbors, or the charming homes under $500,000, Longboat Key is a hidden gem that promises a lifestyle of tranquility and joy. Come and discover your slice of paradise today!

Newest Longboat Key Homes under $500,000

845 Spanish Drive N Unit 845, Longboat Key
$450,000
2 Beds ⋅ 2 Baths ⋅ Spanish Main Yacht Club SubDv. ⋅ 34228 Zip Code
Positioned directly across from the marina and boat slips, this updated villa in Spanish Main Yacht Club enjoys beautiful marina views and puts boating and waterfront access just steps from your front door, while offering the relaxed island lifestyle and everyday convenience of a 55+ waterfront community on Longboat Key. The villa features 2 bedrooms, 2 bathrooms, and a flexible third room that could potentially be converted into a third bedroom, giving you added space for guests, a home office, workout area, or den. Tile flooring runs throughout, while the renovated kitchen features quartz countertops, stainless steel appliances, new cabinetry, and dovetail soft-close drawers. The primary suite offers its own private bath and walk-in closet, while the guest bedroom and second bath are positioned separately for added privacy. The home also features an interior washer and dryer combo, offering added everyday convenience compared with the exterior laundry setups found in many neighboring units. Spanish Main Yacht Club offers a community pool, clubhouse, marina, water access, and deeded beach access just across Gulf of Mexico Drive. Additional parking across the street provides extra convenience for guests and visitors. Here, days can be spent enjoying the marina views, relaxing at the private beach, lounging by the pool, or heading out on the water, with local dining, parks, and island conveniences nearby. Boat slips are available separately through the association as availability allows. Whether you’re looking for a full-time residence or seasonal retreat, this villa offers the updates, setting, and waterfront lifestyle that make Spanish Main Yacht Club such a special place to enjoy Longboat Key.

845 Spanish Drive N Unit 845, Longboat Key

554 Spanish Drive S, Longboat Key
$425,000
2 Beds ⋅ 2 Baths ⋅ Spanish Main Yacht Club SubDv. ⋅ 34228 Zip Code
Virtually Staged. Welcome to Spanish Main Yacht Club waterfront community and your new home! Light and bright, this stand-alone villa is all new and beautifully updated in 2026. White marble-like large porcelain tile floors that span the entire living area, providing a continuous flow throughout the villa. The new kitchen boasts stainless steel appliances, white quartz countertops, new cabinetry, lighting and more. Attractive updates in the primary en suite bedroom and guest bath as well. A nice added feature is the spacious interior laundry room. Beautiful, lush backyard view with privacy and an extra brick paver side yard and outdoor space. A short stroll to the privately deeded beach entrance to gorgeous Gulf beaches. Two minutes to have your toes in the soft, pearly sand. This is a boater’s paradise with slips available for an extremely inexpensive lease and direct access to Sarasota Bay, the Intracoastal waterway and azure waters of the Gulf. Only a short drive to the fantastic shops, restaurants and cultural events Sarasota and St. Armands Circle have to offer. This is a great investment opportunity and chance to enjoy Longboat Key living. The community is in the build-back stage due to damage from hurricanes in 2024 and is almost complete. All 212 units in Spanish Main are under FEMA requirements, guidelines, and stringent adherence to rebuild specifications and inspections from Town of Longboat Key. This is an opportunity to continue to make this villa your custom home.

554 Spanish Drive S, Longboat Key

600 Sutton Place Unit 101B, Longboat Key
$319,000
1 Beds ⋅ 1 Baths ⋅ Sutton Place Condo SubDv. ⋅ 34228 Zip Code
Waterfront condo with Sarasota Bay views! Perfectly positioned along Sarasota Bay on **Longboat Key** and just steps from the turquoise waters of the **Gulf of Mexico**, this exceptional community offers the ultimate coastal lifestyle in an unbeatable location. Current owners have never had water intrusion from any hurricanes. This spacious ground-floor corner residence features an expansive open-concept layout designed to comfortably accommodate up to six guests. The beautifully remodeled kitchen showcases stainless steel appliances, a brand-new range, granite countertops, stone backsplash, recessed lighting, and solid wood cabinetry — blending modern style with everyday functionality. A charming nook provides the perfect space for additional sleeping accommodations or a cozy retreat to enjoy serene bay views. Impact-rated sliding glass doors open seamlessly to the outdoors and are complemented by brand-new Shade Store cellular window treatments. Relax while taking in peaceful water and pool views from the comfort of your living space. The spacious primary bedroom features custom cellular shades with top and bottom openings to maximize natural light and views, along with a walk-in closet complete with built-ins. The ensuite bath has been thoughtfully updated with a newer vanity and a brand-new shower remodel (2025), offering a fresh, modern feel. Furnishings are optional and tastefully curated with designer touches, making this property move-in or rental ready. Exceptional Community Amenities - Residents enjoy a truly unique waterfront lifestyle: Two heated pools, Marina and clubhouse, Available boat slips for rent, fish-cleaning station, Kayak storage with electric launch, BBQ grilling areas, Car wash station, Lighted assigned carport parking, Elevator access, Private storage unit (3rd floor), Laundry facility (2nd floor), exclusive deeded beach access on Longboat Key, featuring a pavilion, storage lockers, indoor showers, and restrooms. Enjoy watching dolphins and manatees from the bayfront grounds, spend your days fishing or kayaking, or relax on the sugar-sand beaches just across the street. The community is also in the planning stages of adding a brand-new state-of-the-art fitness center. Shopping and dining are just minutes away at the renowned **St. Armands Circle**. Experience the best of both worlds — Gulf-front beach days and tranquil bayfront evenings. This is coastal living at its finest.

600 Sutton Place Unit 101B, Longboat Key

4380 Exeter Drive Unit 101, Longboat Key
$389,500
2 Beds ⋅ 2 Baths ⋅ Longboat Harbour Towers SubDv. ⋅ 34228 Zip Code
Virtually Staged. Investor alert. Great investment opportunity! Condominium is in great condition. Best price for two-bedroom, two-bath condominium in sought after community of Longboat Harbour. Motivated sellers, ready to have a new buyer enjoy this lovely waterfront first-floor end-unit condominium. New roof, all assessments paid, granite countertops, kitchen open to living area. All glass lanai, tile throughout main living, carpet in bedrooms were in the bedrooms but carpet removed for new flooring to be installed. A huge plus: end unit, close to the beach, washer and dryer are in the unit. Hurricane shutters on rear of unit. Additionally, the beautifully renovated recreation room overlooking the bay serves as heart of social gatherings in Longboat Harbour, hosting a variety of clubs and activities complemented by a kitchen and dance floor. The four heated swimming pools provide relaxation and enjoyment year-round. For beach lovers, a community beach pavilion across Gulf of Mexico Drive offers residents private, private deeded beach access with a cabana, parking, restrooms and dressing areas. Witness breathtaking sunrises, spot manatees and savor stunning sunsets along the Gulf beach. This exceptional opportunity offers an unparalleled lifestyle in one of Longboat Key's active, social and vibrant communities! Seize the opportunity to experience waterfront living at its finest. This condominium community was not impacted by hurricane flood waters, according to the owner. Make this beautiful community your next home!

4380 Exeter Drive Unit 101, Longboat Key

2800 Harbourside Drive Unit E-21, Longboat Key
$385,000
Longboat Key Moorings SubDv. ⋅ 34228 Zip Code
JUST INSIDE THE T-DOCK! An easy access premium 63 x 23.5 ft. slip, with a unique configuration; it has a pier extension, a 9 ft wide finger pier, and the extended portion is a concrete floating dock providing alternate boarding options. The slip is located on the north side of the pier. This is a Yacht Club slip; purchase of the slip requires purchase of membership in the Longboat Key Club. Enjoy all the amenities of the private Longboat Key Club as a Yacht Club Member. Direct access to Sarasota Bay and the ICW. The deep water marina is as much a luxury resort as any other neighborhood on the island, thanks to individual slip ownership, a Mediterranean-style village that includes restaurants, shopping - close to Publix, CVS, and other specialty shops - recreational and social activities, on-site maintenance and concierge services. Electric, water and wireless internet access at each slip. Free shuttle to St. Armand's Circle. The Marina has everything a boater could need. Yacht Club members have access to private Yacht Club facility which includes private clubhouse with TV, conference table, comfortable furnishings just for relaxing. Exterior amenities include private pool, grills, outside tables, chase lounges, and convenient bathhouse. Other amenities include dining at the Key Club's unique restaurants, Islandside & Harbourside golf courses, tennis courts and beach facilities, Fitness Centre, Mind and Motion Studio, and Spa. Longboat Key Moorings is truly a World Class facility. All vessels must be approved prior to closing by the Association before entering the marina. A current photo must be submitted. Max length of vessel allowed is 58 LOA, usable beam is 19 ft at the head of the slip.

2800 Harbourside Drive Unit E-21, Longboat Key

Start Your Search