Land - Real Estate in Longboat Key
SOLD for $3,600,000 on February 9, 2023
Listing Price: $3,995,000Sold Price: $3,600,000Sold Price/List Price: 90%
Sold Price/Original List Price: 80.9%
Description of Property
There is a clear hierarchy when it comes to waterfront real estate in Southwest Florida, and the most valued and scarce land resource is the gulf-front property. 3970 Gulf of Mexico Drive is one of the only buildable lots currently available on Longboat Key with direct Gulf views. Ideally situated mid-key, this 20k SF blank canvas parcel is ready for your architect to design an ocean-view masterpiece, taking full advantage of the 127’ of width to offer panoramic Gulf views from nearly every room. Prefer not to wait to have plans drawn up from scratch? Mark Sultana of DSDG, one of Sarasota’s most in-demand architects, has designed a 5,600 SF modern floorplan that could be submitted for permitting almost immediately, saving you 6-9 months in the design process (plans available for separate purchase). With road access available internally in the Longboat Key Estates community, there is no need to enter and exit the property directly on Gulf of Mexico Drive. Further, with thoughtful placement of a privacy wall along Gulf of Mexico Drive, the road will nearly disappear from sight within the new home, leaving nothing but sea air and sand between your vantage point and the turquoise Gulf waters and breathtaking sunsets beyond. Longboat Key Estates owns the land directly seaward of the property, which affords residents a gated private beach access and a gazebo on the beach. There is also a community dock on the bay side of the neighborhood, and Bayfront Park is right next door with tennis, pickleball, basketball, dog park, and much more to offer. This package of optimal location, enchanting views, and build-ready convenience does not present itself often. Inquire for more details, including a property survey and builder/architect recommendations.
Property Details At A Glance
Property Type: Land
City: Longboat Key
County: Sarasota
Subdivision: Longboat Key Estates
Annual Tax: $7,642
HOA Fee: $1,000 Annually
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Schools
Elementary School: Southside Elementary
Middle/Junior High School: Booker Middle
High School: Booker High
Water Access: Yes
Water Access Type: Beach
Water Name: Gulf Of Mexico
Utilities:
- Electricity Available
- Sewer Available
- Water Available
Sewer: Public Sewer
Water Source: Public
Community Features:
- Fishing
- Water Access
- Waterfront
Association Amenities: Boat Dock
Lot Information
Lot Features:
- Buildable
- Cleared
- CoastalConstruction Control Line
Lot Size (acres): 0.46
Lot Size (sq. ft.): 20,234 square feet
Lot Dimensions: 127x148x144x149
Front Exposure: Southwest
Legal Description & Other Information
Financing Available: Cash, Conventional
Parcel Number: 0002050014
Zoning: R4SF
Pets Allowed/Pet Policies: Yes
Tax Legal Desc.: LOT 4 BLK A LONGBOAT KEY ESTATES
Listing courtesy of KELLER WILLIAMS CLASSIC GROUP. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.