941-235-7474

Listing Details for MLS #A4641831
5581 Gulf Of Mexico Drive, Longboat Key, Fl

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    Residential Property - Single Family Residence in Longboat Key

    Listing Price: $15,500,000 (Mortgage Calculator →)Days on Market: 1

    Description of Property

    Sought after slice of beachfront paradise on the exclusive island of Longboat Key. Rarely available 2 acre property with 200 feet of beach frontage on the Gulf of America. Currently it hosts a quaint inn featuring ten suites and one cottage, all had been renovated with timeless old Florida decor. The property is surrounded by tropical blooms , lush foliage, vine covered arbors, swaying palm trees, a private gazebo, and a heated swimming pool. Amazing opportunity for a new development, or alternatively a chance to easily bring the property back to its recent glory. The property has been approved to build two single family homes or a six unit luxury Condominium. This fantastic location is near the growing number of top restaurants and attractions . Walk to Harry's Euphemia Haye, Lazy Lobster, new local favorite Lo' Key or stroll over to the bay at Durante Park. All this is just a short drive to the renowned shopping, dining and cultural attractions of St Armands Circle, as wells Downtown Sarasota and Anna Maria Island. So many possibilities for this location, location , location !This is the only 11 bedroom/9 bath single family residence between $13,800,000 and $17,200,000 currently listed for sale in this Zip code.

    MLS #A4641831 - LONGBOAT KEY
    MLS #A4641831 - LONGBOAT KEY
    MLS #A4641831 - LONGBOAT KEY
    MLS #A4641831 - LONGBOAT KEY
    MLS #A4641831 - LONGBOAT KEY
    MLS #A4641831 - LONGBOAT KEY
    MLS #A4641831 - LONGBOAT KEY
    MLS #A4641831 - LONGBOAT KEY
    MLS #A4641831 - LONGBOAT KEY
    MLS #A4641831 - LONGBOAT KEY
    MLS #A4641831 - LONGBOAT KEY
    MLS #A4641831 - LONGBOAT KEY
    MLS #A4641831 - LONGBOAT KEY
    MLS #A4641831 - LONGBOAT KEY
    MLS #A4641831 - LONGBOAT KEY
    MLS #A4641831 - LONGBOAT KEY
    MLS #A4641831 - LONGBOAT KEY

    Bedrooms: 11
    Bathrooms: 9
    Half Baths: 2
    Sq. Ft. Gross: 8,529
    Garage: No
    Carport: No
    Parking Features:
    Private Pool: Yes
    Pool Features: In Ground
    Spa Features:
    Water Frontage: Beach
    Water Features:
    Water Access: Beach, Beach - Access Deeded

     

    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: 11
    Bathrooms: 9
    Half Baths: 2
    Sq. Ft. Gross: 8,529
    Sq. Ft. Living Area: 8,529
    Cost per (heated) sqare foot: $1,817
    Year built: 1952
    Annual Tax: $80,316

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

    Interior Features: Ceiling Fan(s)
    Appliances: Dishwasher, Disposal
    Accessibility Features:

    Window Features:

    Additional Rooms:

    Ceiling Type:
    Flooring: Porcelain Tile

    Laundry Features: Outside

    Pool & Waterfront Info

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

    Water Extras:

    Exterior & Construction

    Architectural Style:
    Construction: HardiPlank Type
    Foundation: Slab
    Roof: Metal

    Exterior Features:
    • Balcony
    • Courtyard
    • French Doors

    Parking Features:
    Floors Total:
    Floors in Unit: One
    Cooling: Central Air
    Heating & Fuel: Central
    Electric:
    Patio & Porch Features:
    Security Features:
    Other Structures:
    View:
    Fencing:

    Utilities: Cable Connected, Electricity Connected
    Sewer: Private Sewer
    Water Source: Public
    Community Features:
    Association Amenities:

    Lot Information

    Lot Features:
    Lot Size (acres): 2.02
    Lot Size (sq. ft.): 88,200 square feet
    Lot Dimensions: 200 x 441
    Front Exposure: West
    Adjoining Property:
    Current Adjacent Use:
    Additional Parcels: Yes
    Additional Parcels Description: 79846.0000/2

    Legal Description & Other Information

    Financing Available: Cash
    Parcel Number: 7983900059
    Zoning: R3MX
    Tax Legal Desc.: ALL OF LOTS 11 & 12, LYING WLY OF JOHN RINGLING PKWY (100 FT WIDE, NOW KNOWN AS GULF OF MEXICO DR) OF A SUB ON LONGBOAT KEY, INSERT "TOGETHER WITH GRANTOR'S RIGHT, TITLE & INTEREST IN & TO LAND LYING BETWEEN THE WLY BDRY OF THE ABOVE DESC PROPERTY & THE MEAN HIGH WATER LN OF WATERS OF THE GULF OF MEXICO." (2152/4722) PI#79839.0005/9
    Section: 25
    Range: 16E

    Map

     

    Listing courtesy of DEVELOPERS REALTY LBK, 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



        https://suncoasteam.com/details?MLNum=A4641831