#O6274593, Daniel Robinson, Listing Office: HOUWZER INC
Property details
About 5440 Gulf Of Mexico Dr
A truly unprecedented and rare opportunity awaits on Longboat Key with this remarkable vacant land, the only available parcel of its size offering 2.08 acres on the Bay side with deeded beach access that leads you to the pristine white-sand beaches and inviting waters of the Gulf of Mexico. Currently divided into three parcels, this property adjoins a 30+ acre nature preserve, ensuring tranquility and unrivaled panoramic views. Imagine building your dream home here, with a second story boasting sweeping views of the nature preserve and Sarasota Bay. This exceptional acreage combines privacy, tranquility, natural beauty, and a unique slice of paradise on Longboat Key. The proposed site plan allows for seven buildable lots offering endless possibilities for creating a family compound with space for multiple homes to sell or rent. Longboat Key is famed for its 12 miles of pristine white-sand beaches, opulent resorts, waterfront golf courses, fine dining establishments, grand estates and luxurious multi-million dollar condominiums. Within a short distance of 1-2 blocks, you’ll find a variety of restaurants offering diverse culinary experiences. Imagine strolling to the beach from your future custom-built residence, which boasts coveted water access and is situated in one of Florida’s most desirable and prestigious zip codes. The central location provides easy access to world-famous shopping at St. Armands Circle and the vibrant arts and culture scene of downtown Sarasota. This is a dream opportunity for those seeking great views, privacy, tranquility and a unique slice of paradise on Longboat Key. The adjacent 1.06-acres offers a stunning 6,000 Sq Ft Contemporary Bay front home with panoramic views of the Sarasota Bay and the 30-acre nature preserve. This home is offered at $5.750M (5444 Gulf of Mexico Drive /ML # A4615831). The total estate is 3.16-acres and includes the 6,000 Sq Ft home (1.06-Acres) and the vacant land (2.08-Acres), which includes the entire subdivision allowing for 8 new homes can be purchased for $10.5M.
Highlights
Home typeOther
StatusActive
Lot size2.08 Acres
MLS #A4616489
ViewTrees/Woods
Virtual tour
Summary
- MLS Number: A4616489
- MLS Name: MFRMLS
- Office Name: COLDWELL BANKER REALTY
- Office Phone: (941) 383-6411
- Listing Agent: Tracey Stetler
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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Last updated on: 3/15/2025, 10:19:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$4,800,000
5440 Gulf Of Mexico Dr
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $784,227 | $9,221 |
| 2022 | $553,572 | $7,476 |
| 2021 | $507,441 | $7,476 |
| 2020 | $324,207 | $6,520 |
| 2018 | $427,776 | $6,125 |
History based on county public records data.
Nearby schools
4
Bayshore Elementary School
Public District PK-5
4.4 mi
•6120 26th St W
4
Sea Breeze Elementary School
Public District PK-5
4.4 mi
•3601 71st St W
3
H. S. Moody Elementary School
Public District PK-5
4.5 mi
•5425 38th Ave W
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $107,407. The majority of Longboat Key, FL residents have income between $100k-200k annually. Most families are married, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
16%
<35k
31%
35k-100k
35%
100k-200k
18%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
40%
Single, No Kids
2%
Single, with Kids
55%
Married, No Kids
3%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
3%
<11 yrs old
2%
12-17 yrs old
3%
18-34 yrs old
33%
35-64 yrs old
59%
65+ yrs old
What do the neighbors do for fun?
PGA/LPGA
Men's Tennis
Skiing/snowboarding
Where do the neighbors shop?
Stein Mart
Bloomingdales
BJs Wholesale Club
Where do the neighbors go to eat?
Bob Evans
Bonefish Grill
Panera
What do the neighbors drive?
Lincoln
Lexus
Infiniti
What do the neighbors listen to?
News/Talk/Information- News
Adult Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 5440 Gulf Of Mexico Dr
This home is located at 5440 Gulf Of Mexico Dr in Longboat Key, FL and zip code 34228. Features: 0 bathroom. It has been listed on Rocket Homes since July 9, 2024 and is currently priced at $4,800,000.
Longboat Key, FL housing market in February 2025 saw over 1 listings sold above listed price, more than 1 sold at listed price and over 24 sold below. The inventory of homes for sale in Longboat Key, FL between January and February 2025 increased by 16.9%. While the average time on the market in February 2025 was 37 days, the median list price was $1,260,000.
From Rocket Homes Real Estate and based on county public records data.