9 days on rocket

5861 Gulf Of Mexico Dr, Longboat Key, FL, 34228

$22,900,000

5 Bedrooms
6 Full Baths, 1 Partial
10,400 SqFt
$2,202/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
Attached Garage8 spaces
Year BuiltNew Const., 2023
HeatingCentral
CoolingCentral Air
WaterfrontGulf
ViewWater
Private PoolYes
MLS #A4627895
Lot Size1.13 Acres
StatusActive

About 5861 Gulf Of Mexico Dr

Welcome to 5861 Gulf of Mexico Drive, a contemporary home that exudes Zen-like calm in a tropical jungle garden located on over an acre beachfront estate on Longboat Key. This masterpiece of tropical modernism spans a stunning 1.1 acres with 100 feet of direct Gulf frontage, offering privacy, breathtaking views, and a sophisticated lifestyle experience. Seclusion and privacy begin with an eight ft solid concrete and Brazilian hardwood entry gate. Upon entering, you are welcomed down a path that leads you past two free standing accessory buildings that allow for multiple creative uses. The ground floor includes garage space for five vehicles, elevator lobby, social outdoor poolside areas, and storage. Continuing to the main structure, you are greeted by custom design to blend clean, modern lines with a warm, natural ambiance throughout the entire home. The home features custom finishes, including modern wide plank white oak wood flooring and a sleek natural silver travertine stone exterior for lasting beauty and resilience. The main living floor captures over 70 ft of glass showing off the Gulf views from every angle. The open concept plan provides gracious culinary space and a Chef’s kitchen. Featuring a 60” Wolfe gas range with double ovens, subzero fridge, freezer and wine storage. Two dishwashers, 5 ft gallery sink , expansive dark oak cabinets, open shelving and the large travertine dekton island for gathering and entertaining. Enjoy the meticulous hand crafted wine cellar for all your favorite wines. Glass sliders allow these zones to interface seamlessly with the adjacent outdoor deck areas. Comprised of four main components, the home is creatively connected to allow for a resort-style guest experience: main living, attached guest house with two suites with exterior entrances, attached bedroom wing with two bedrooms with ensuite baths, and owners top level. The floorplan incorporates natural light, communal gathering areas, private moments, and easy connections to the ever-present ocean views and sea breezes. The guests quarters are accommodated in four bedrooms with ensuite baths located off the main living areas. Connected by an exterior breezeway, the two guest bedroom suites are located under a separate roof for boutique hotel-style rooms and each include their own breakfast kitchen. The other two-bedroom suites are part of the main home and connected by a glass hallway. This wing has multiple sitting and TV areas for private lounge space for when needing a break from the main living. The upstairs is a true sanctuary—the entire level is dedicated to the primary suite, complete with a cozy seating area, coffee station creating the ultimate retreat with panoramic Gulf views. Enjoy the spa-like outdoor soaking tub and outdoor fire pit for an ambiance you just can not beat. Designed for both relaxation and activity, this estate includes a 75ft lap pool, lush landscaping, over 2,500 sqft of pool with integrated spa and panoramic Gulf views. Step out onto the 17x75 foot balcony equipped with a built-in grill, ideal for entertaining while taking in the expansive coastal scenery. Every inch has been crafted to foster both elegance and functionality, making it more than just a home—it’s a lifestyle. Step right outside onto the gorgeous white sandy beaches and sunsets every night. To truly experience firsthand the way this property can make you feel, where every moment feels like a vacation, schedule your private showing today.

Property Details

Property Features

Property Information:

  • Architectural Style: Custom
  • Year Built: 2023
  • Living Area: 10,400 SqFt

Listing Office:

  • Office Name: SATO REAL ESTATE INC.
  • Office Phone: (941) 778-7200
  • Listing Agent: Jason Sato

Interior Features

Interior Information:

  • Appliances: Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer, Wine Cooler
  • Flooring Type: Tile, Wood
  • Interior: Built-in Features, Cathedral Ceiling(s), Ceiling Fans(s), Eat-in Kitchen, Elevator, High Ceilings, Living Room/Dining Room Combo, Open Floorplan, PrimaryBedroom Upstairs, Stone Counters, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 6
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Gulf
  • View: Water
  • Exterior: Balcony, Courtyard, Lighting, Sliding Doors

Parking Information:

  • Garage Space: 8 spaces
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot Size: 1.13 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Cortez, left on Gulf Dr, house on your right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $22,900,000
  • Price Per SqFt: $2,202/SqFt

Tax Information:

  • Annual Amount: $44,884
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Longboat Key, FL.

Med. Sold Price

$1.2M

Med. Price/SqFt

$719

Avg. Days On Market

67

# of Sold Homes

43

5861 Gulf Of Mexico Dr vs Longboat Key

9 DAYS ON ROCKET

-58 Days

$22,900,000

+$21.6M More

$2,202/SqFt

+$1.4K More

KEY TAKEAWAY

This property is $21.6M more than the Median Sold Price and $1.4K/SqFt more than other homes in Longboat Key, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #A4627895

Listing Office:

  • Office Name: SATO REAL ESTATE INC.
  • Office Phone: (941) 778-7200
  • Listing Agent: Jason Sato

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/18/2024, 10:49:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 16, 2015Home Sold
$2,500,000
Mar 12, 2015Home Sold
$800,000

Tax History

YEARPROP. TAXASSESSMENT
2020$44,884$2,596,000
2018$35,633$2,360,000
2017$35,634$2,336,400

History based on county public records data.

Payment Calculator

$114.3K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$68.7K

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-808228
4
/10
  • Sea Breeze Elementary School

  • 3601 71st St W

  • 4.18 miles

  • Public District Grades PK-5

school-card-donut-808229
4
/10
  • H. S. Moody Elementary School

  • 5425 38th Ave W

  • 4.48 miles

  • Public District Grades PK-5

school-card-donut-808230
4
/10
  • Bayshore Elementary School

  • 6120 26th St W

  • 4.72 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $107,407. Most Longboat Key, FL residents have annual incomes between $100k-200k. Typical family type is married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5861 Gulf Of Mexico Dr

What is the listing price of this property?

The listing price of 5861 Gulf Of Mexico Dr property is $22,900,000.

What type of property is this?

The property 5861 Gulf Of Mexico Dr is a house located in Longboat Key, Florida, 34228.

Is this property for sale now?

Active Listing: 5861 Gulf Of Mexico Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $44,884 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 16, 2015 for $2,500,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5861 Gulf Of Mexico Dr has 5 bedrooms and 6 full and 1 half bathrooms.

What is the square footage of this property?

The property 5861 Gulf Of Mexico Dr is 10,400 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5861 Gulf Of Mexico Dr is 2023.
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Rocket HomesFloridaManatee CountyLongboat Key342285861 Gulf Of Mexico Dr

This home is located at 5861 Gulf Of Mexico Dr in Longboat Key, FL and zip code 34228. This 10,400 square foot home, which was built in 2023, sits on a 1.13 acre lot. Features: 5 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since November 09, 2024 and is currently priced at $22,900,000.

Over 2 listings were sold over their listed price in October 2024 in Longboat Key, FL. In the same period over 18 listings were sold below the listed price and 23 listings were sold for the listed price. The number of listings in Longboat Key, FL decreased by 11% between September 2024 and October 2024. In October 2024, listings were on the market for 67 days. During the same period, the median list price in this real estate market was $1,225,000.

From Rocket Homes Real Estate and based on county public records data.

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