5581 GULF OF MEXICO DR new

Longboat Key,FL 34228

$ 15500000

11 Beds

11 Baths

8529 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 8,529 sqft

Price per Sqft $1,817

Subdivision Longboat Key

MLS Listing ID A4641831

Bedrooms 11

Full Baths 9

Half Baths 2

Year Built 1952

Annual Tax Amount $80,316

Lot Size 2.020 Acres

Property Sub-Type Single Family Residence

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 !

Location

State FL

County Manatee

Community Longboat Key

Zoning R3MX

Interior

Heating Central

Cooling Central Air

Flooring Tile

Laundry Outside

Exterior

Exterior Feature Balcony,Courtyard,French Doors

Pool In Ground

Utilities Available Cable Connected,Electricity Connected

Waterfront Description Beach Front

View Y/N Yes

Water Access Yes

Roof Type Metal

Building

Foundation Slab

Sewer Private Sewer

Water Public

Structure Type HardiPlank Type

New Construction false

Others

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition None

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