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5941 Gulf Of Mexico Dr, Longboat Key, FL, 34228

$8,800,000

3 Bedrooms
3 Full Baths, 1 Partial
2,417 SqFt
$3,641/SqFt
House

Location

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Property Highlights

Home TypeSingle Family Residence
Garage2 spaces
Year Built1954
HeatingNatural Gas
CoolingOther
WaterfrontBeach, Gulf
ViewWater
Private PoolYes
MLS #A4626774
Lot Size1.07 Acres
StatusActive

About 5941 Gulf Of Mexico Dr

**Exquisite Beachfront Estate! Choice Longboat Key location ** Seize this extraordinary, once-in-a-lifetime opportunity to create your personal sanctuary on one of the most remarkable waterfront lots along the Gulf Coast. This rare gem offers an unparalleled oceanfront homesite 100X465 (over 1 acre) directly on the pristine beaches of the Gulf of Mexico. This delightful residence, recently affected by water intrusion due to Hurricane Helene, is being sold in its current condition-"as-is.” Envision the possibilities of crafting your dream oceanfront estate nestled on the stunning shores of Longboat Key. The expansive lot, spanning just over an acre, is perfectly suited for a family compound or a serene personal retreat. Awaken each morning to breathtaking vistas of the Gulf, where golden sunsets and soothing ocean breezes become an integral part of your everyday life. The single-story design fosters a seamless connection between indoor and outdoor spaces, enabling you to embrace the coveted coastal lifestyle fully. With ample space for outdoor gatherings, this home is ideal for families eager to forge lasting memories by the beach. The property features a detached garage and an inground pool, providing a foundation for future enhancements or renovations. Whether you renovate the existing structure or build your dream home, the possibilities are limitless. Immerse yourself in the tranquil beauty of beachfront living while remaining just moments away from the vibrant local community. This is a rare opportunity to own a slice of paradise on Longboat Key, where you can revel in unparalleled panoramic views of the Gulf of Mexico, witness breathtaking sunsets, and experience a harmonious blend of luxury and natural beauty. Don’t let this unique chance slip away to craft your dream waterfront home on Longboat Key, where luxury and tranquility await. The crystal-clear waters of the Gulf of Mexico and sun-kissed skies provide the ideal backdrop to this enchanting island beach house. This exceptional property encompasses 100 feet of sandy beachfront along the Gulf, perfectly poised for those seeking a sophisticated coastal lifestyle amidst sweeping views and pristine white sands.

Property Details

Property Features

Property Information:

  • Architectural Style: Custom
  • Year Built: 1954
  • Stories: 1
  • Living Area: 2,417 SqFt

Listing Office:

  • Office Name: COLDWELL BANKER REALTY
  • Office Phone: (941) 366-8070
  • Listing Agent: Judy Kepecz-Hays

Interior Features

Interior Information:

  • Appliances: None
  • Flooring Type: Ceramic Tile, Concrete
  • Interior: Living Room/Dining Room Combo

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Beach, Gulf
  • View: Water
  • Exterior: Private Mailbox, Sliding Doors

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No

Virtual/3D Tour

  • Virtual Tour: 5941 Gulf Of Mexico Dr
Virtual Tour

Lot Features

Lot Information:

  • Lot: Flood Zone, Level, Oversized Lot, Paved
  • Lot Size: 1.07 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Other

Other

Directions Information:

  • Directions: Just north of Binnacle Point Drive on the Guld side of street. Blue mailbox at entrance to property.

Price Information

Listing Price Info

Price Summary:

  • List Price: $8,800,000
  • Price Per SqFt: $3,641/SqFt

Tax Information:

  • Annual Amount: $37,503
  • 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

$720

Avg. Days On Market

79

# of Sold Homes

20

5941 Gulf Of Mexico Dr vs Longboat Key

53 DAYS ON ROCKET

-26 Days

$8,800,000

+$7.5M More

$3,641/SqFt

+$2.9K More

KEY TAKEAWAY

This property is $7.5M more than the Median Sold Price and $2.9K/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: #A4626774

Listing Office:

  • Office Name: COLDWELL BANKER REALTY
  • Office Phone: (941) 366-8070
  • Listing Agent: Judy Kepecz-Hays

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: 12/21/2024, 10:49:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$37,503$2,227,568
2018$34,024$2,136,885
2017$34,024$2,092,933

History based on county public records data.

Payment Calculator

$43.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$26.4K

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-829930
4
/10
  • Sea Breeze Elementary School

  • 3601 71st St W

  • 4.16 miles

  • Public District Grades PK-5

school-card-donut-829931
4
/10
  • H. S. Moody Elementary School

  • 5425 38th Ave W

  • 4.49 miles

  • Public District Grades PK-5

school-card-donut-829932
4
/10
  • Bayshore Elementary School

  • 6120 26th St W

  • 4.80 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. Most families are married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5941 Gulf Of Mexico Dr

What is the listing price of this property?

The listing price of 5941 Gulf Of Mexico Dr property is $8,800,000.

What type of property is this?

The property 5941 Gulf Of Mexico Dr is a house located in Longboat Key, Florida, 34228.

Is this property for sale now?

Active Listing: 5941 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 $37,503 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5941 Gulf Of Mexico Dr has 3 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 5941 Gulf Of Mexico Dr is 2,417 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5941 Gulf Of Mexico Dr is 1954.
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Rocket HomesFloridaManatee CountyLongboat Key342285941 Gulf Of Mexico Dr

This home is located at 5941 Gulf Of Mexico Dr in Longboat Key, FL and zip code 34228. This 2,417 square foot home, which was built in 1954, sits on a 1.07 acre lot. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since October 29, 2024 and is currently priced at $8,800,000.

Longboat Key, FL housing market in November 2024 saw over 0 listings sold above listed price, more than 5 sold at listed price and over 15 sold below. In November 2024 in Longboat Key, FL there were 19.7% more homes for sale than in October 2024. The median list price of listings available in November 2024 was $1,226,666, while the average time on the real estate market was 79 days.

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

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