Skip To Content

5581 Gulf Of Mexico Drive

Longboat Key, FL 34228
  • $15,500,000
  • STATUS: Active
  • ON SITE: 64 Days
  • MLS #: A4641831
UPDATED: 55 min ago
$15,500,000
  • 11
    BEDS
  • 2.02
    ACRES
  • 9
    BATHS
  • 2
    1/2 BATHS
  • 8,529
    SQFT
  • $1,817
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1952
County:
Area:

School Ratings & Info

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 !

Monthly Payment Calculator




© 2025 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2025-04-30T15:47:42.293.
www.annamariahomes.com/homes/160805779
Print Image

5581 Gulf Of Mexico Drive Longboat Key, FL 34228

  • Price: $15,500,000
  • Status: Active
  • On Site: 64 Days
  • Updated: 55 min ago
  • MLS #: A4641831
11
Beds
9
Baths
2
½ Baths
2.02
Acres
8,529
SQFT
$1,817
$/SQFT
1952
Built
Neighborhood:
Longboat Key
County:
Manatee
Area:
Longboat Key
Property 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 !
Exterior Features

Carport Yn No Construction Materials HardiPlank Type Direction Faces West Exterior Features BalconyCourtyardFrench Doors Foundation Details Slab Lot Size Dimensions 200 x 441 Pool Features In Ground Pool Private Yn Yes Road Surface Type AsphaltBrick Roof Metal Water Access BeachBeach - Access Deeded Water Access Yn Yes Water Extras Yn No Water View Beach Water View Yn Yes Waterfront Features Beach Waterfront Feet Total 200 Waterfront Yn Yes

Interior Features

Appliances DishwasherDisposal Building Area Total 8529 Cooling Central Air Cooling YN Yes Fireplace Yn No Flooring Porcelain Tile Heating Central Heating YN Yes Interior Features Ceiling Fan(s) Laundry Features Outside Levels One Rooms Living Room Primary Bedroom (Walk-In Closet(s)) Kitchen Sewer Private Sewer Water Source Public

Property Features

Additional Lease Restrictions No Approval Process No Association Approval Required Yn No Association Yn No Cdd Yn No Down Payment Resource No Flood Zone Code Ae Garage Yn No Homestead Yn No Lease Considered YN Yes Lease Restrictions YN Yes Listing Terms Cash Minimum Lease 1-7 Days New Construction Yn No Ownership Fee Simple Property Sub Type Single Family Residence Senior Community Yn No Special Listing Conditions None Sw Subdiv Community Name Longboat Key Tax Annual Amount 80316.37 Total Annual Fees 0 Total Monthly Fees 0 Utilities Cable ConnectedElectricity Connected Zoning R3MX


Listing information © 2025 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of DEVELOPERS REALTY LBK, INC: 941-799-9096.



© 2025 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2025-04-30T15:47:42.293.
 
https://bt-photos.global.ssl.fastly.net/mfr/orig_boomver_1_A4641831-2.jpg https://bt-photos.global.ssl.fastly.net/mfr/orig_boomver_1_A4641831-2.jpg https://bt-photos.global.ssl.fastly.net/mfr/orig_boomver_1_A4641831-2.jpg
Logo
Coldwell Banker
201 Gulf of Mexico Dr
Longboat Key FL, 34228