5440 Gulf Of Mexico Drive Longboat Key, FL 34228
Listing Courtesy of: STELLAR / Coldwell Banker Realty / Tracey Stetler - Contact:  941-383-6411

  5440 Gulf Of Mexico Drive Longboat Key, FL 34228

Active (120 Days)
$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.

MLS #:
A4616489
Taxes
$9,222(2023)
Lot Size
2.08 acres
Type
Land
Views
Trees/Woods
County
Manatee County

Listed By

Tracey Stetler, Coldwell Banker Realty, Contact: 941-383-6411
Source
STELLAR
Last checked Nov 5 2024 at 6:33 PM GMT+0000
Bathroom Details
Subdivision
  • Cedar Woodlands Ph Ii
Utility Information
  • Utilities: Water Source: Public, Public
  • Sewer: Public Sewer
Additional Information: Longboat Key | 941-383-6411
Location
   
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Disclaimer: Listings Courtesy of “My Florida Regional MLS DBA Stellar MLS © 2024. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any other purpose other than to identify properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified. Last Updated: 11/5/24 10:33