5581 Gulf Of Mexico DRIVE, Longboat Key, FL, 34228
3 rooms
11 beds
9 Full / 2 Half baths
1952
8,529 sqft
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 !
Status:
Active
Type:
Single-family residential
Laundry Remarks:
Outside
Subdivision:
LONGBOAT KEY
Heating:
Central
Cooling:
Central Air
Lot Size:
200 x 441
Acreage:
2.02
Est. Taxes:
$80,316
Construction
HardiPlank Type
Utilities
Cable Connected, Electricity Connected
Days on Market:
1
Appliances:
Dishwasher, Disposal
Pool:
In Ground
Min Lease Term:
1-7 Days
MLS #:
A4641831
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of DEVELOPERS REALTY LBK, INC Phone: 941-799-9096