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Single Family House 11 bedrooms - LONGBOAT KEY for Sale

5581 GULF OF MEXICO, LONGBOAT KEY, FL 34228

Asking Price$15,500,000

  • Days on market:

    1 day(s)
  • Original Price:

    $15,500,000
  • Price per sqft:

    $1817.33
  • Tax Legal Description:

    ALL OF LOTS 11 & 12, LYING WLY OF JOHN RINGLING PKWY (100 FT WIDE, NOW KNOWN AS GULF OF MEXICO DR) OF A SUB ON LONGBOAT KEY, INSERT "TOGETHER WITH GRANTOR'S RIGHT, TITLE & INTEREST IN & TO LAND LYING BETWEEN THE WLY BDRY OF THE ABOVE DESC PROPERTY & THE MEAN HIGH WATER LN OF WATERS OF THE GULF OF MEXICO." (2152/4722) PI#79839.0005/9
  • Tax Year:

    2024
  • Property Type:

    Single Family
  • Waterfront:

    Yes
  • Pool Features:

    In Ground
  • Waterfront Description:

    Beach
  • Construction Type:

    HardiPlank Type
  • Roof:

    Metal
  • Cooling Description:

    Central Air
  • Heating Description:

    Central
  • Floor Description:

    Porcelain Tile
  • Interior Features:

    Ceiling Fan(s)
  • Exterior Features:

    CourtyardBalconyFrench Doors
  • Equipment/Appliances:

    DishwasherDisposal
  • Special Listing Conditions:

    None

Description

$15,500,000 • bedroom(s) • nine full bathroom(s) • living size area 8529 sqft • waterfront access

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 !

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