5581 Gulf Of Mexico Drive, Longboat Key, FL 34228
- $14,000,000
- 10
- BD
- 22
- BA
- 8,529
- SqFt
- Sold Price
- $14,000,000
- List Price
- $15,000,000
- Closing Date
- Apr 30, 2026
- MLS#
- A4690802
- Type
- Single Family Residential
- Property Style
- Single Family
- Bedrooms
- 10
- Bathrooms
- 22
- Living Area
- 8,529
- Lot Size
- 88,200
- Subdivision
- Longboat Key
- Year Built
- 1952
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 !
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Additional Information
- Community Features
- No Deed Restriction
- Exterior Construction
- Frame
- Style
- One Story
- Interior
- Ceiling Fans(s)
- Interior Features
- Ceiling Fans(s)
- Appliances
- Dishwasher, Disposal, Dryer, Electric Water Heater
- Exterior
- Balcony
- Roof
- Metal
- Utilities
- Cable Connected, Electricity Connected
- Floor
- Ceramic Tile
- Heating
- Electric
- Cooling
- Central Air
- Pool
- Yes
- Pool Type
- Private
- Water
- Beach Front, Beach View, Beach Access
- Frontage
- Beach Front
- Water View
- Yes
Listing courtesy of DEVELOPERS REALTY LBK, INC. Selling Office: OWN SRQ LLC.
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