5440 Gulf Of Mexico Drive

Longboat Key, FL 34228

$6,900,000
Price
90,604 / 2.08
Lot Size / Acres
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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...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.
  1. Listed by Tracey Stetler • COLDWELL BANKER REALTY

Property Details for 5440 Gulf Of Mexico Drive

Subdivision Name
CEDAR WOODLANDS PH II
Township
35S
View
Trees/Woods
Waterfront
No
LISTING UPDATED: 07/09/2024 07:21 AM

Property Details for 5440 Gulf Of Mexico Drive

StatusActive
MLS #A4616489
Days on Market148
Taxes$9,222 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size2.08 AC
CountyManatee County

Building Information for 5440 Gulf Of Mexico Drive

Lot Size2.08 AC

Property Information for 5440 Gulf Of Mexico Drive

Summary
Location and General Information
  • Building Area Units: Square Feet
  • Directions: From St Armands Circle, go north on Gulf of Mexico Drive to 5440. Property has a green mailbox that says 5444 and the entrance is on the Bay side of the road between two white stucco walls right after the Center Shops and before the police station. Driveway is approximately 1200 feet.
  • Mls Major Change Type: New Listing
  • Major Change Type: New Listing
  • Listing Service: Full Service
  • SW Subdiv Community Name: Cedar Woodlands
  • Street Number: 5440
  • Street Name: GULF OF MEXICO
  • Street Suffix: DRIVE
  • State: FL
  • City: LONGBOAT KEY
Taxes and HOA Information
  • Association: No
  • CDD: No
  • Number Of Pets: 10+
  • Tax Legal Description: LOT 3, CEDAR WOODLANDS PH II PI #79915.0040/9
  • Tax Lot: 3
  • Tax Year: 2023
Virtual Tour
Property
Lot Information
  • Additional Parcels Description: 7991500459,7991500359
  • Additional Parcels: Yes
  • Current Use: Residential
  • Lot Size Dimensions: UNK
  • Parcel Number: 7991500409
  • Total Acreage: 2 to less than 5
  • Water Access: No
  • Water Extras: No
  • Zoning: R4MX, R3MX
  • Lot Dimensions: UNK
Property and Assessments
  • Flood Zone Code: AE
  • Number Of Lots: 3
  • Public Survey Range: 16E
  • Public Survey Section: 25
Utilities
  • Sewer: Public Sewer
  • Utilities: Public
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Front Footage: 101
  • Pool: None
  • Pool Private: No
  • Waterfront Feet Total: 0
Interior Features
  • Living Area Units: Square Feet
  • Water View: No
Rental
Rental Information
  • Pets Allowed: Yes

Property History for 5440 Gulf Of Mexico Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5440 Gulf Of Mexico Drive

Taxable ValueLand$784,227Additions-Total$784,227
Tax Record2023$9,222 ($768 / month)
Home Facts
Beds0Lot Size40,131 SqFtStyleSingle Family ResidenceZoningLBK_C-1CountyMANATEEAPN79915.0040-9

Schools near 5440 Gulf Of Mexico Drive

This home is within Manatee.
Rating
School
Type
Grades
Distance
Anna Maria Elementary School
Public - K to 5
Martha B. King Middle School
Public - 6 to 8
Bayshore High School
Public - 9 to 12
State College Of Florida Collegiate School
Charter - 6 to 12
Rating
School
Distance
Anna Maria Elementary School
PublicK to 5

Martha B. King Middle School
Public6 to 8

Bayshore High School
Public9 to 12

State College Of Florida Collegiate School
Charter6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 5440 Gulf Of Mexico Drive, Longboat Key, FL 34228

5440 Gulf Of Mexico Drive is a 2.08 ac of land for sale in Longboat Key, FL 34228. This property was listed for sale on June 5, 2024 by COLDWELL BANKER REALTY, it's currently listed at $6,900,000. This listing's school district is Manatee. Nearby schools include Anna Maria Elementary School, Martha B. King Middle School and Bayshore High School. 5440 Gulf Of Mexico Drive is a 0-bed, 0-bath, 2.08 ac of land on a 90,604 sq. ft. / 2.08 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of COLDWELL BANKER REALTY, Tracey Stetler

The information is being provided in part by Southwest Florida Multiple Listing Service, Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2, and MarcoMls. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 Southwest Florida Multiple Listing Service and MarcoMls. All Rights Reserved. The data relating to real estate for sale displayed on this website comes in part from the Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2 and MarcoMls. Properties listed with brokerage firms other than Compass are marked with the "BR House" logo. Detailed information about such properties includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties listed with brokerage firms participating in the Naples MLS BR Program, or contained in the database compilation of Naples MLS.