About 5581 Gulf Of Mexico Drive
Sought after slice of beachfront paradise on the exclusive island of Longboat Key. Rarely available 2 acre property with 200 feet of beach frontage on the Gulf of America. Currently it hosts a quaint inn featuring ten suites and one cottage, all had been renovated with timeless old Florida decor. The property is surrounded by tropical blooms , lush foliage, vine covered arbors, swaying palm trees, a private gazebo, and a heated swimming pool. Amazing opportunity for a new development, or alternatively a chance to easily bring the property back to its recent glory. The property has been approved to build two single family homes or a six unit luxury Condominium. This fantastic location is near the growing number of top restaurants and attractions . Walk to Harry's Euphemia Haye, Lazy Lobster, new local favorite Lo' Key or stroll over to the bay at Durante Park. All this is just a short drive to the renowned shopping, dining and cultural attractions of St Armands Circle, as wells Downtown Sarasota and Anna Maria Island. So many possibilities for this location, location , location !
Features of 5581 Gulf Of Mexico Drive
MLS® # | A4641831 |
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Price | $15,500,000 |
Bedrooms | 11 |
Bathrooms | 11.00 |
Full Baths | 9 |
Half Baths | 2 |
Square Footage | 8,529 |
Acres | 2.02 |
Year Built | 1952 |
Type | Residential |
Sub-Type | Single Family Residence |
Status | Active |
Listing Details
Office | DEVELOPERS REALTY LBK, INC |
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