5440 GULF OF MEXICO DRIVE

Longboat Key, FL 34228
$6,900,000

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.
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  • Property Details
    • Property
      • View:Trees/Woods
    • Measurements
      • Acres:2.08
  • Construction Details
    • Type & Style
      • Property type:Purchase
  • Utilities / Energy Details
    • Utility
      • Sewer information:Public Sewer
      • Utility source:Public
      • Utility features:Public
  • Community and Neighborhood Details
    • Community
      • Subdivision:CEDAR WOODLANDS PH II
    • Location
      • County:Manatee
  • Financial Details
    • Pricing Details
      • Original List Price:$6, 900, 000
      • Days on Market (Cumulative):74
      • Buying Agency Compensation:3%
      • Taxes annual:$9, 221
  • Restrictions
    • Pets
      • Pets Allowed:Yes
  • Other
    • Source
      • MLS #:A4616489

Location

Patricio R. MosqueraReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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