5581 Gulf Of Mexico Dr | Image 1
New

$15,000,000

Sold

6 days ago

5581 Gulf Of Mexico Dr, Longboat Key, FL

House

MLS® A4690802

Buyer represented by an agent of OWN SRQ LLC

10 Bed

22 Bath

8529 sqft

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  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 8529 sqft
Garage 
Taxes $79,280
Lot Size 
Approx. Age 1952
Avg. Price Per Sqft $1,758
MLS® Number A4690802

Property Address: 5581 Gulf Of Mexico Dr, LONGBOAT KEY, FL, 34228-1903

Average square foot calculated using Size range provided by listing agent.

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 !
MLS® NumberA4690802
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1952
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Rooms

Other:First Floor12 × 12 ft
Bedroom 1:First Floor12 × 12 ft
Kitchen:First Floor8 × 8 ft
Living Room:First FloorNot available

Price History

Apr 30, 2026End Date
$14,000,000Sold Price

Sold

May 1, 2026List Date
$15,000,000List Price
  • Commute

Commute

Starting Address
Destination Address
5581 Gulf Of Mexico Dr, Longboat Key, FL

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