5581 Gulf Of Mexico Drive, Longboat Key, FL 34228
For Sale $15,500,000
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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 Harrys 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 !
Ceiling Fans(s)
Taxes: $80.00
Tax Year: 2024
Balcony
Courtyard
French Doors
Dishwasher
Disposal
Beach Front
MLS Area: 34228 - Longboat Key
Price per Square Feet: $1,817.33
Water: Public
Construction: Hardiplank Type
Date Listed: 2025-02-24 18:04:20
Pool: Yes
Pool Type: In Ground
Flooring: Tile
Roof: Metal
Heating: Central
Cooling: Central Air
Sewer: Private Sewer
Listing Courtesy Of: Developers Realty Lbk, Inc
Reid@ReidMurphy.com
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 Harrys 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 !
Property Details
Price: $15,500,000
Sq Ft: 8,529
($1,817 per sqft)
Bedrooms: 11
Bathrooms: 9
Partial Baths: 2
City: Longboat Key
County: Manatee
Type: Single Family Reside
Development: Longboat Key
Acres: 2.02
Year Built: 1952
Listing Number: A4641831
Status Code: A-Active
Taxes: $80.00
Tax Year: 2024
Interior Features:
Ceiling Fans(s)
Financial Information:
Taxes: $80.00
Tax Year: 2024
Exterior Features:
Balcony
Courtyard
French Doors
Equipment:
Dishwasher
Disposal
Waterfront Description:
Beach Front
Additional Information:
MLS Area: 34228 - Longboat Key
Price per Square Feet: $1,817.33
Water: Public
Construction: Hardiplank Type
Date Listed: 2025-02-24 18:04:20
Pool: Yes
Pool Type: In Ground
Flooring: Tile
Roof: Metal
Heating: Central
Cooling: Central Air
Sewer: Private Sewer
Map of 5581 Gulf Of Mexico Drive, Longboat Key, FL 34228
Listing Courtesy Of: Developers Realty Lbk, Inc
Reid@ReidMurphy.com