941-235-7474

Listing Details for MLS #A4516289
5056 Gulf Of Mexico Drive, Longboat Key Fl 34228, Longboat Key, Fl

Residential Property - Single Family Residence in Longboat Key

SOLD for $4,425,000 on April 17, 2023

Listing Price: $5,695,000Sold Price: $4,425,000Sold Price/List Price: 78%
Sold Price/Original List Price: 67.1%Days on Market: 505

Description of Property

This is the location to build your dream home!! Direct Bayfront Estate on an oversized property of 0.92 acre is 100 feet on the bay and 391 feet deep on Longboat key and is located along a stretch of multi million dollar Bayfront homes. The property comes with deeded beach access across the street and a side canal for even more privacy plus the opportunity for creative, lush landscaping will give the home a dramatic gated entrance. The Bayside pool is for relaxation and perfect for watching Florida wildlife. Entering the beginning of your estate is a elevated guest house. This is an added bonus and unique because zoning laws no longer permit guest homes that are not attached to the main dwelling. The elevated guest house is 700 sq. ft and provides parking underneath. This prime location is ideal for enjoying the Longboat Key Club, St Armands and downtown restaurants. Plans are available for a home over 8,000 sf of contemporary glass fronted living space. The drawing depicts a 2 story , 5 bedroom, 7 bath home with open living and multiple outdoor areas for entertainment as well as a chef's kitchen, walk in pantry, study, elevator, media and wine room. The separate summer kitchen cabana alongside the beautiful pool/spa and fire pit is ideal for day and night enjoyment. These plans, from a renowned award -winning architect, are available for purchase and are fully customizable. "Don't forget to check out our virtual tour!

Property Details At A Glance

Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Longboat Key
County: Manatee
Subdivision: Longboat Key
Bedrooms: 3
Bathrooms: 2
Half Baths: 1
Sq. Ft. Living Area: 3,819
Cost per (heated) sqare foot: $1,491
Year built: 1962
Annual Tax: $34,549

Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.

Interior Features: High Ceiling(s)
Appliances: Disposal, Electric Water Heater
Accessibility Features:

Window Features:

Additional Rooms:

Ceiling Type:
Flooring: Ceramic Tile

Laundry Features:

Pool & Waterfront Info

Private Pool: Yes
Pool Features: In Ground
Spa Features:
Water Front: Yes
Water Frontage: Bay/Harbor
Water Access: Yes
Water Access Type: Bay/Harbor, Beach - Access Deeded
Water View: Bay/Harbor - Full

Water Extras: Dock - Open, Fishing Pier

Exterior & Construction

Architectural Style:
Construction: Block
Foundation: Slab
Roof: Other
Exterior Features: Sliding Doors
Carport: Yes
Carport Spaces: 2
Parking Features:
Floors Total: 1
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Central
Electric:
Patio & Porch Features:
Security Features:
Other Structures:
View:
Fencing:

Utilities: Electricity Connected, Fiber Optics
Sewer: Public Sewer
Water Source: Public
Community Features:
Association Amenities:

Lot Information

Lot Features:
Lot Size (acres): 0.92
Lot Size (sq. ft.): 40,001 square feet
Lot Dimensions: 100x400
Front Exposure: West
Adjoining Property:
Current Adjacent Use:

Legal Description & Other Information

Financing Available: Cash
Parcel Number: 7999400000
Zoning: R1SF
Pets Allowed/Pet Policies: Yes
Tax Legal Desc.: BEG AT THE INTERSEC OF THE N LN OF LOT 45 OF A SUB OF FRAC SECS 25,26 & PT OF SEC 24, AS REC IN PB 7 P 16, & THE E LN OF JOHN RINGLING PK/WAY (100 FT WIDE), THENCE S 41 DEG 33 MIN E ALG SD PK/WAY 475 FT FOR A POB, THENCE CONT S 41 DEG 33 MIN E, 120.2 5 FT, THENCE N 49 DEG 15 MIN E & PARALLEL TO THE N LN OF SD LOT 45, 320 FT M/L TO OPEN WATERS OF SARASOTA BAY, THENCE NWLY

 

Listing courtesy of DEVELOPERS REALTY INC. 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.

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Suncoasteam Realty, LLC
Main Office: 21202 Olean Blvd Unit C-3, Port Charlotte, FL 33952
Mailing Address: PO Box 380503, Port Charlotte, FL 33938
Phone: 941-235-7474
Email: sales@avalonsuncoast.com



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