350 Gulf Of Mexico Dr, Apt 213, Longboat Key, FL 34228

Longboat Key, FL 34228 · 3 bd · 2.5 ba · 2,378 sqft · Condo · 24 days on market

The math, in full

Asking price: $899,500
Down payment (15%): $134,925
Loan amount: $764,575
Est. monthly rent: $9,500/mo; Range $8,075 to $10,925/mo
Monthly payment, all-in: $7,390/mo; Mortgage + taxes + insurance (PITIA)
Cashflow ratio (DSCR): 1.29; $9,500 rent ÷ $7,390 payment
Monthly cashflow: +$2,110/mo; What's left after the payment

Where the rent number comes from

Median asking rent for 3-bedroom homes in zip 34228, from current market comps, not a per-property guess. High confidence: plenty of comparable rentals in this zip.

Cash to start

$134,925

15% down on $899,500

Your local lender

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No credit pull. No obligation. A loan officer confirms real terms within one business day.

Screened against real lending criteria. This one fits 3 programs.
Qualifies on the property's rent, no W-2 or tax returns.
Listing data verified as of July 5, 2026.

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Rent, payment, and cashflow figures are estimates based on current market data and business-purpose investment-loan criteria, for non-owner-occupied property. Not a commitment to lend, not financial advice, and not an offer of any specific loan or property. Listing data may change; properties may sell. All terms confirmed by a loan officer and subject to underwriting and appraisal.