5050 GULF OF MEXICO DR Longboat Key, FL 34228

$7,900,000
5050  GULF OF MEXICO DR, Longboat Key, FL 34228
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A4104843

Single Family Home for sale in Longboat Key, FL

for $7,900,000 with 5 bedrooms and 5 full baths, 2 half baths. This 7,250 square foot home was built in 2016 on a lot size of 0.95 Acre(s).

Property Information

  • $7,900,000
  • 5 Bedrooms
  • 5 Full Baths, 2 Half Baths
  • Single Family
  • 7,250 Square Feet
  • Taxes are $28,799
  • Custom
  • Active
  • Lot size of 0.95 Acre(s)
  • Built in 2016
  • Longboat Key, FL
  • Manatee County
  • MLS/Web ID is A4104843
  • Price Reduced

 Virtual Tour

Description

PRICE REDUCED!!! Brand new construction! "Acqua Vita - Water of Life", where design and function flow in concert with the beauty of Longboat Key and Sarasota Bay. This magnificent estate is the masterful collaboration of the award-winning firms of Perrone Construction and Clifford M. Scholz Architects. This unique residence with enormous Bay views toward downtown and the Ringling Bridge offers 11, 151 square feet of luxury living area with elevator access to the impressive upper level master suite with private balcony and vestibule, morning bar, bonus and exercise room which could serve as a sixth bedroom. Five en-suite bedrooms and separate guest quarters combine with a circular 'great room' to create a rarely found island sanctuary. The Florida lifestyle highlights easy movement from inside to outdoor living and Acqua Vita will feature upper and lower terraces, creatively designed free-form pool and spa, and multiple outdoor 'conversation' areas, including fire pit and gazebo. Lush, artistically designed landscaping by Artistree to provide an oasis of privacy for the most discriminating buyer. This property has water frontage and open bay views on two sides as well as deeded beach access to the pristine sands of Longboat Key.

Room Information

  • Balcony (26x23)
  • Bedroom (13x13)
  • Bedroom (13x13)
  • Bedroom (14x12)
  • Bedroom (15x13)
  • Bonus Room (17x10)
  • Breezeway
  • Den
  • Den (21x14)
  • Formal Dining Room (18x13)
  • Foyer
  • Great Room (24x24)
  • Kitchen (Eat-In) (18x15)
  • Master Bedroom (25x17)
  • Utility Room

Interior 10

Appliances

  • Convection Oven
  • Dishwasher
  • Disposal
  • Dryer
  • Gas Appliances
  • Microwave
  • Oven
  • Range
  • Refrigerator
  • Refrigerator (Bar)
  • Washer

Cooling System

  • Central Air
  • Zoned

Fireplace

  • Fireplace(s)
  • Free Standing
  • Gas Fireplace(s)

Flooring

  • Carpet(s)
  • Tile Flooring

Heating Source

  • Electric

Heating System

  • Central Heat
  • Hot Water Heater: Electric

Interior

  • Built-in Features
  • Crown Molding
  • Elevator(s)
  • French Doors
  • Hot Tub / Jacuzzi / Jetted Tub / Whirlpool / Spa
  • Kitchen Island
  • Stone Counter Tops
  • Volume Ceiling
  • Walk-in Closet(s)

Room Features

  • Bath - Double Sink
  • Bidet
  • Breakfast Bar
  • Cabinets - Wood
  • Pantry
  • Tub and Separate Shower

Sewer

  • Public Sewer

Water Source

  • Municipal

Exterior 7

Exterior

  • Balcony
  • Covered Patio
  • Hot Tub / Jacuzzi / Spa
  • Landscaped
  • Outdoor Kitchen
  • Outdoor Lighting
  • Patio
  • Private Pool

Garage

  • 4 Car
  • Attached
  • Garage Door Opener

Lot Description

  • Inside City Limits
  • Level/Flat

Roof

  • Tile

Siding

  • Block Exterior
  • Stucco Exterior

Waterfront Description

  • Access
  • Bay
  • Beach
  • Frontage
  • Gulf
  • Intracoastal Waterway
  • Seawall

Zoning

  • Flood Zone

Miscellaneous 4

Acceptable Finance

  • Cash
  • Conventional

Restrictions

  • Pets Allowed

Utilities

  • Electric

View

  • Bay View
  • Intracoastal
  • Water View

† Excluded Feature

Neighborhood & Schools

Elementary School: Anna Maria Elementary
Middle School: W.D. Sugg Middle
High School: Bayshore High

Listed By

Broker: COLDWELL BANKER RES R E

5050 GULF OF MEXICO DR , Longboat Key, FL, 34228 is a Single Family Home for sale at $7,900,000 with 7,250 sqft and a lot size of 0.95 Acre(s). 5050 GULF OF MEXICO DR has 5 bedrooms, 5.2 baths, and was built in 2016. The property's zip code is 34228 which is in Longboat Key, FL

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Pricing History

Date Price Price Change Description
11/16/2017 $7,900,000 -5.95 % Price Change
10/7/2014 $8,400,000 Listed Price

Market Pricing

Average % of sale price Median % of sale price
All listings in Longboat Key $1,298,786 84 % below $699,450 91 % below
Single family listings in Longboat Key $2,468,264 69 % below $1,295,000 84 % below

Get the facts about Longboat Key, FL!

Population 7,056
Population Growth (since 2000) -7 %
Median Income $99,113
Median Age 73.46
Households w/ Children 3 %

Residential Dwellings

  • Owned 3606
  • Vacant 4121
  • Rented 362

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