About 5581 Gulf Of Mexico Drive
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 !
Features of 5581 Gulf Of Mexico Drive
| MLS® # | A4641831 |
|---|---|
| Price | $15,500,000 |
| Bedrooms | 11 |
| Bathrooms | 11.00 |
| Full Baths | 9 |
| Half Baths | 2 |
| Square Footage | 8,529 |
| Acres | 2.02 |
| Year Built | 1952 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Status | Active |
Community Information
| Address | 5581 Gulf Of Mexico Drive |
|---|---|
| Area | Longboat Key |
| Subdivision | LONGBOAT KEY |
| City | LONGBOAT KEY |
| County | Manatee |
| State | FL |
| Zip Code | 34228 |
Amenities
| Is Waterfront | Yes |
|---|---|
| Waterfront | Beach Front |
| Has Pool | Yes |
Interior
| Interior Features | Ceiling Fans(s) |
|---|---|
| Appliances | Dishwasher, Disposal |
| Heating | Central |
| Cooling | Central Air |
| Fireplace | No |
Exterior
| Exterior Features | Balcony, Courtyard, French Doors |
|---|---|
| Roof | Metal |
| Foundation | Slab |
Additional Information
| Date Listed | February 24th, 2025 |
|---|---|
| Days on Market | 23 |
| Zoning | R3MX |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Reid Murphy |
|---|---|
| Office | DEVELOPERS REALTY LBK, INC |