$6,900,000
For Sale

5451 GULF OF MEXICO DRIVE

Longboat Key, FL 34228
Browse 2 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

Rare almost one acre direct Gulf front lot on the beach on the beautiful island of Longboat Key. New Gulf front homes on this key typically start at $16 million plus. There is currently an existing single level motel on the property which would need to be removed. Expected use of property is for a luxury single family home. Property also allows 1 or 2 additional family structures. Nice if you want a family compound. Property could also have 3 condo units on it. Property has 100 feet of gulf beach frontage on a 10 mile beach. This beach is never crowded. The island is beautiful with many large single family homes and condos. Property location is walking distance to 7 nice restaurants. The owners live on site.

  • Property Details
      • Sewer InformationPublic Sewer
      • SubdivisionLONGBOAT KEY
      • Original List Price$6,900,000
      • Property TypePurchase
      • MLS #O6274593
      • MLS #O6274593
      • CountyManatee
      • Taxes Annual$50,833
      • Cost6900000
      • Utility SourcePublic
      • ViewWater
      • Utility FeaturesOther
      • Acres0.98
      • Property SubtypeLand
      • Days on Market (Cumulative)5

Location

Sunshine Group InternationalSunshine Group International
$
years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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