photo 1: 5581 GULF OF MEXICO DRIVE, LONGBOAT KEY FL 34228

Courtesy of DEVELOPERS REALTY LBK, INC 941-232-3304

Active

5581 GULF OF MEXICO DRIVE, LONGBOAT KEY FL 34228

$15,500,000

Price

11

Beds

11

Baths

8,529

Sq. Ft.

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 !

Listing Type

Residential

Property Type

Single Family Residence

Built Year

1952

Levels

One

Price/Sqft

--

Lot Size Acre

2.02

Status

Active

Days on Realoq

117

Living Area

8,529 Sq. Ft.

Lot Size Sqft

88,200 Sq. Ft.

Location

Interior Features
  • Ceiling Fans(s)
Laundry Features
  • Outside
Pool
  • In Ground
Roof
  • Metal
Foundation
  • Slab
Materials
  • HardiPlank Type
Water Source
  • Public
Parcel Number
  • 7983900059
Agent

Reid Murphy

Brokerage

DEVELOPERS REALTY LBK, INC

Source AOR

Manatee

Listing ID #

A4641831

This content last updated on 06/21/2025 09:54 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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