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5581 Gulf Of Mexico Drive Longboat Key, FL 34228

11 Beds
9 full, 2 half Baths
8,529 Sqft
88,200 Sqft lot
2.02 Acre lot
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$15,500,000 Est. $57,075 / mo.*
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Status: Active
Property Type: Single Family Residence
Year Built: 1952
Neighborhood: Longboat Key
Days on Website: 64

Courtesy of DEVELOPERS REALTY LBK, INC

Description

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 !

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Property Details and Features

  • Living Area Meters: 792.37
  • Room Count: 3
  • Building Area Total: 8529
  • Building Area Units: Square Feet
  • Construction Materials: "HardiPlank Type"
  • Direction Faces: West
  • Levels: "One"
  • Living Area: 8529
  • Year Built: 1952
  • Water Access: Beach,Beach - Access Deeded
  • Water View: Beach
  • Total Water Frontage: 200 Feet
  • Water Front Features: "Beach Front"
  • Available For Lease
  • Minimum Lease: 1-7 Days
  • Calculated List Price By Calculated Sq Ft: $1,817
  • Lot Size Square Meters: 8194
  • Total Acreage: 2 to less than 5
  • 2.02 acres
  • 88200 square feet
  • Dimensions: 200x441
  • Road Surface: "Asphalt", "Brick"
  • Appliances: "Dishwasher", "Disposal"
  • 9 full bathrooms
  • 2 half bathrooms
  • Bedrooms Total: 11
  • Cooling: "Central Air"
  • Exterior Features: "Balcony", "Courtyard", "French Doors"
  • Flooring: "Tile"
  • Foundation Details: "Slab"
  • Heating: "Central"
  • Interior Features: "Ceiling Fans(s)"
  • Laundry Features: "Outside"
  • County or Parish: Manatee
  • Subdivision: LONGBOAT KEY
  • Township: 35S
  • Pool Features: "In Ground"
  • Zoning: R3MX
  • Roof: "Metal"
  • Sewer: "Private Sewer"
  • Utilities: "Cable Connected", "Electricity Connected"
  • Water Source: "Public"

Location

$15,500,000 - 5581 Gulf Of Mexico Drive, Longboat Key, FL 34228
5581 Gulf Of Mexico Drive Longboat Key, FL 34228
County or Parish: Manatee

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This content last updated on April 29, 2025 10:20AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.