1. Florida
  2. Longboat Key
  3. 5581 Gulf Of Mexico DRIVE
$15,500,000

5581 Gulf Of Mexico DRIVE, Longboat Key, FL 34228

  • 11 beds |
  • 11 baths |
  • 8,529 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1952
  • Property Lot Size Icon2.02acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $1,817/sqft
  • Property List Date Icon Listed 2 months ago

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 !

Listing Status:
Active
Date Added:
February 24, 2025 at 06:00AM
Listing Office:
DEVELOPERS REALTY LBK, INC : 941-799-9096
Listing Agent:
Reid Murphy : 941-232-3304
MLS ID:
A4641831
  • General: Ceiling Fan(s)
  • Appliances: DishwasherDisposal
  • Laundry: Outside
  • Flooring: Porcelain Tile
  • A/C: Central Air
  • Heating: Central

This listing courtesy of Reid Murphy, DEVELOPERS REALTY LBK, INC

Location

Schools Nearby

S

Sea Breeze Elementary School

3601 71st St W, Bradenton, FL, 34209

Grades PK-5

4.35 miles away

E

Electra Arcotte Lee Middle School

4000 53rd Ave W, Bradenton, FL, 34210

Grades 6-8

4.30 miles away

B

Bayshore High School

5401 34th St W, Bradenton, FL, 34210

Grades 9-12

4.62 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.