Waterfront
Address
5541 GULF OF MEXICO DRIVE Longboat Key, FL
Price
$ 7,400,000
Property Attributes
  • MLS#A4468729
  • TypePending
  • CountyMANATEE
  • CityLongboat Key
  • AreaLongboat Key
  • NeighborhoodLongboat Key
  • Zip34228
  • StyleSingle Family Residence
  • Year Built1986
  • Taxes57343
  • Price$ 7,400,000
  • Bedrooms11
  • Full Bathrooms11
  • Half Bathrooms3
  • Sqr Footage14005
  • Lot Size0.96 Acres
Listing Provided Courtesy Of:
COLDWELL BANKER REALTY
Property Description

Enjoy the easy lifestyle of this home with awe-inspiring views overlooking the wide waters of Gulf of Mexico. A Rare Find and a must see Beachfront Luxury three story, 5 unit corporate retreat, family compound with endless possibilities. Many possible uses for this unique property. Building offers a spectacular Penthouse Suite with 4 additional luxury units averaging 1,800 SF each. The first floor is covered parking area featuring 7,500 SF of covered parking, recreation area, and storage encompass the main floor. Over 14,000 square feet under air of elegant living space, featuring the finest materials and remarkable craftmanship. This masterpiece has the most gorgeous ocean views Perfect for entertaining large groups inside and out. Equipped with a gourmet kitchen & top-of-the-line appliances with amazing Gulf and sunset views. Out front is a gated entrance and lushly landscaped drive with underpass to the house and covered parking. There is even a gas generator runs the entire house in a power outage. Most private, elegant estate on the best lot in all of Sarasota/Longboat Key. - 3D Tour Available, Click Here: https://tour.vht.com/434055223/idx

Price History
6/3/2020 Listed $8,000,000
12/11/2020 8% - $7,400,000

General Features

Additional Water Information beach waterfront, walking from your backdoor to the beach
Appliances Microwave, Range, Range Hood, Refrigerator
Building Elevator Y/N Yes
Carport Spaces 8
Carport Y/N Yes
Construction Materials Block
Cooling Central Air
Exterior Features Balcony, Fenced, Hurricane Shutters, Irrigation System, Lighting
Facing Direction East
Flooring Tile
Heating Electric
Homestead Yes
Interior Features Ceiling Fans(s), Eating Space In Kitchen, Elevator
Levels Three Or More
MLS Area 34228 - Longboat Key
Minimum Lease Period No Minimum
Parking Features Covered
Pets Allowed Yes
Private Pool Yes
Property SubType Single Family Residence
Property Type Residential
Roof Tile
Sewer Public Sewer
Spa Features In Ground
Special Listing Conditions None
Status Pending
Subdiv Community Name Longboat Key
Subdivision Name LONGBOAT KEY
Terms Cash, Other
Township 35S
Utilities Cable Available, Cable Connected, Electricity Available, Phone Available, Sewer Available
Water Access Type Beach - Access Deeded, Beach - Private
Water Access Y/N Yes
Waterfront Features Beach - Private, Beach - Public
Year Built 1986
Zoning R3MX

Interior Features

Fireplace Y/N Yes
Living Area 14005.00
Total Bedrooms 11

Exterior Features

Foundation Details Slab
Lot Dimensions 100x416
Lot Size Acres 0.96
Lot Size Square Feet 41600
Spa Yes
Water View Beach, Gulf/Ocean - Full
Water View Y/N Yes
Waterfront Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 34228

Price
AVG $1.35M
$7.4M
Taxes
AVG $13,332
$57,343
Visits
AVG 142
1053
Year Built
AVG 1983
1986