5441 GULF OF MEXICO DR # 1, Longboat Key FL 34228 Home for Sale for $4,500,000 with 8 bedrooms and 8 full baths. This 4,168 square foot home was built in 1949 on a lot size of 0.68 Acre(s).

Property Information
$4,500,000
8 Bedrooms
8 Full Baths
Single Family Home for Sale
4,168 Square Feet
Taxes are $33,021
Active
Lot Size of 0.68 Acre(s)
Built in 1949
Longboat Key, FL
Manatee County
MLS/Web ID is A3958520
5441 GULF OF MEXICO DR # 1, Longboat Key, FL
Description

Six wonderful cottages - five buildings as one cottage is a double unit - in a beautiful resort setting on 100 feet of prime Longboat Key beachfront. This income producing resort property can remain as a source of revenue or converted to residential - the zoning on Longboat allows for three residential properties if the new owner desires to build. Another option is to use the five buildings as a family compound on the beach. This property is being sold as is with right to inspect.

Room Information
  • Kitchen (10x10)
    		•
  • Living Room (10x10)
    		•
  • Master Bedroom (10x10)
    		•
    Exterior Features
    Exterior
    • Outdoor Lighting
    Roof
    • Metal
    Interior Features
    Appliances
    • Dishwasher
    • Disposal / Compactor
    • Microwave
    Cooling System
    • Central Air
    Flooring
    • Ceramic Tile Flooring
    Heating System
    • Central Heat
    Interior
    • Ceiling Fans
    Water Source
    • City Water
    † Excluded Feature
    Listed By
    Broker: DEVELOPERS REALTY INC
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    Market Pricing

    Average % of sale price Median % of sale price
    All listings in Longboat Key $1,153,343 74 % below $600,000 87 % below
    Single family listings in Longboat Key $2,030,427 55 % below $1,339,000 70 % below

    Get the facts about Longboat Key, FL!

    Population
    7,579
    Population Growth (since 2000)
    0 %
    Median Income
    $110,587
    Median Age
    65.53
    Households w/ Children
    5 %
    5,177 512 3,793 5,177 512 3,793
    Find Out More! View more area information here.
    Get an Immediate Callback from 9:00 AM - 9:00 PM EST or Call us at 1-888-720-4932
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    Listing information courtesy of My Florida Regional MLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. 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 for consumer 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.

    Copyright 2012 My Florida Regional MLS. All rights reserved

    Data is updated as of 5/21/2013.

    Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.5% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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