#A4616489, Tracey Stetler, Listing Office: COLDWELL BANKER REALTY
Property details
About 5451 Gulf Of Mexico Dr
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.
Highlights
Summary
- Waterfront: Gulf
- View: Water
- List Price: $6,900,000
- HOA Amount: $0
- Annual Tax Amount: $25,218
- Tax Year: 2023
- Directions: From I-75, take exit 217 toward Fruitville Road. Head west on Fruitville Road for about 7 miles. Merge onto US-41/South Tamiami Trail and continue north for approximately 3 miles. Turn left onto Gulf of Mexico Drive, and your destination will be on the right in about 1.5 miles.
- Lot Size: 0.98 Acres
- MLS Number: O6274593
- MLS Name: MFRMLS
- Office Name: HOUWZER INC
- Listing Agent: Daniel Robinson
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Last updated on: 5/24/2025, 11:49:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$6,900,000
5451 Gulf Of Mexico Dr
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Price information
Property sales
Date | Event | Price |
---|---|---|
Apr 06, 2005 | Home Sold | $4,000,000 |
Jan 13, 2003 | Home Sold | $2,550,000 |
Nov 06, 1997 | Home Sold | $1,375,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $3,231,167 | $25,218 |
2022 | $3,212,111 | $25,898 |
2021 | $3,089,870 | $25,898 |
2020 | $2,697,056 | $44,052 |
2018 | $2,560,889 | $23,077 |
2017 | $2,570,858 | $23,077 |
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
4.6 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. Typical income of Longboat Key, FL residents is between $100k-200k annually. Typical family type is married, no kids. The majority of residents in this area have post secondary degree education.
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Frequently asked questions
About 5451 Gulf Of Mexico Dr
The listing price of 5451 Gulf Of Mexico Dr property is $6,900,000.
The property 5451 Gulf Of Mexico Dr is land located in Longboat Key, Florida, 34228.
Active Listing: 5451 Gulf Of Mexico Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5451 Gulf Of Mexico Dr are: Bayshore Elementary School (GreatSchools Rating 4/10), Sea Breeze Elementary School (GreatSchools Rating 4/10), H. S. Moody Elementary School (GreatSchools Rating 3/10), Electra Arcotte Lee Middle School (GreatSchools Rating 2/10), W. D. Sugg Middle School (GreatSchools Rating 3/10), Oasis Middle School (GreatSchools Rating 7/10), State College of Florida Collegiate School (GreatSchools Rating 10/10), Bayshore High School (GreatSchools Rating 2/10), Manatee High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2023 is $25,218 (source: MLS/based on county public records data).
The last sale was on April 6, 2005 for $4,000,000 (source: MLS/tax record).
The property 5451 Gulf Of Mexico Dr is 0.98 acres.
This home is located at 5451 Gulf Of Mexico Dr in Longboat Key, FL and zip code 34228. Features: 0 bathroom. It has been listed on Rocket Homes since January 30, 2025 and is currently priced at $6,900,000.
In April 2025 more than 1 listings in Longboat Key, FL were sold above the asking price. During the same period more than 5 listings were sold at asking price, while more than 38 were sold below. The inventory of homes for sale in Longboat Key, FL between March and April 2025 increased by 2.9%. While the average time on the market in April 2025 was 66 days, the median list price was $1,217,500.