5440 Gulf Of Mexico Drive
Longboat Key, FL, United States
  • 2.08 acres Lot Area
$6,900,000
Active

5440 Gulf Of Mexico Drive Longboat Key, FL 34228

  • MLS # A4616489

Attachments

Property Description

A truly unprecedented and rare opportunity awaits on Longboat Key with this remarkable vacant land, the only available parcel of its size offering 2.08 acres on the Bay side with deeded beach access that leads you to the pristine white-sand beaches and inviting waters of the Gulf of Mexico. Currently divided into three parcels, this property adjoins a 30+ acre nature preserve, ensuring tranquility and unrivaled panoramic views. Imagine building your dream home here, with a second story boasting sweeping views of the nature preserve and Sarasota Bay. This exceptional acreage combines privacy, tranquility, natural beauty, and a unique slice of paradise on Longboat Key. The proposed site plan allows for seven buildable lots offering endless possibilities for creating a family compound with space for multiple homes to sell or rent. Longboat Key is famed for its 12 miles of pristine white-sand beaches, opulent resorts, waterfront golf courses, fine dining establishments, grand estates and luxurious multi-million dollar condominiums. Within a short distance of 1-2 blocks, you'll find a variety of restaurants offering diverse culinary experiences. Imagine strolling to the beach from your future custom-built residence, which boasts coveted water access and is situated in one of Florida's most desirable and prestigious zip codes. The central location provides easy access to world-famous shopping at St. Armands Circle and the vibrant arts and culture scene of downtown Sarasota. This is a dream opportunity for those seeking great views, privacy, tranquility and a unique slice of paradise on Longboat Key. The adjacent 1.06-acres offers a stunning 6,000 Sq Ft Contemporary Bay front home with panoramic views of the Sarasota Bay and the 30-acre nature preserve. This home is offered at $6.9M (5444 Gulf of Mexico Drive /ML # A4615831). The total estate is 3.16-acres and includes the 6,000 Sq Ft home (1.06-Acres) and the vacant land (2.08-Acres), which includes the entire subdivision allowing for 8 new homes can be purchased for $13.8M.

Property Highlights

  • Annual Tax: $ 9221.0
  • Sewer: Public
  • Water: City Water
  • Region: FLORIDA
  • Buyer’s Brokerage Compensation (Percentage): 3%

Location

Similar Listings

  • 5444 Gulf Of Mexico Drive

    Longboat Key, FL 34228, United States

The listing broker’s offer of compensation is made only to participants of the multiple listing service where the listing is filed.

Request Information

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking CONTACT, I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Policy.