Sold

5541 Gulf Of Mexico DR

LONGBOAT KEY FL, 34228

$7,400,000


$528.38 per sqft

Sold

6 Beds

12.5 Baths

14,005 sqft

Residential

Built in 1986

Enjoy the easy lifestyle of this home with awe-inspiring views overlooking the wide waters of Gulf of Mexico. A Rare Find and a must see Beachfront Luxury three story, 5 unit corporate retreat, MULTIFAMILY family compound with endless possibilities. Many possible uses for this unique property. Building offers a spectacular Penthouse Suite with 4 additional luxury units averaging 1,800 SF each. The first floor is covered parking area featuring 7,500 SF of covered parking, recreation area, and storage encompass the main floor. Over 14,000 square feet under air of elegant living space, featuring the finest materials and remarkable craftmanship. This masterpiece has the most gorgeous ocean views Perfect for entertaining large groups inside and out. Amazing Gulf and sunset views. Out front is a gated entrance and lushly landscaped drive with underpass to the house and covered parking. There is even a gas generator runs the entire house in a power outage. Most private, elegant estate on the best lot in all of Sarasota/Longboat Key. 4 separate units and a penthouse.The best deal for your money right on the beach of famous Longboat Key.

220061900

MLS ID

September 28, 2020

Listed

February 7, 2024

Updated

Map

5541 Gulf Of Mexico DR
LONGBOAT KEY FL, 34228

Interior Features

Total Stories

3


Bedrooms

6 Beds


Bathrooms

12.5 Baths


Interior Features

Closet Cabinets, Laundry Tub, Multi Phone Lines, Pantry, Smoke Detectors, Wet Bar


Appliances

Dryer, Refrigerator/Icemaker, Washer


Laundry Description

Washer/Dryer Hookup, Laundry in Residence, Laundry Tub


Floor Description

Wood


Fireplace

No


Cooling

Yes


Cooling Description

Central Electric


Heating

Yes


Heating Description

Central Electric

Exterior/Building Features

Lot Size

0.96 Acres


Exterior Features

Balcony, Open Porch/Lanai, Screened Lanai/Porch, Outdoor Shower


Lot Features

Oversize


Architectual Style

Multi-Story Home, Single Family


Roof

Tile

Other Property Details

Area Name

NOT APPLICABLE


Taxes

$57,343


Tax Frequency

Annually


Association Amenities

Beach - Private, Private Beach Pavilion, Sauna


Garage

Yes


Garage Spaces

10


Parking

Attached, Attached Carport


Parking Total

20


View

Yes


View Description

Water


County

Manatee


Water Source

Central


Pool

Yes


Pool Features

Below Ground, Concrete


Waterfront

Yes


Buyer Agency Compensation

2%

Courtesy of Magdevys Abreu, Coldwell Banker Realty

The IDX display contains information sourced from the Naples Area Board of REALTORS® as of 2/7/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2024 Naples Area Board of REALTORS® All rights reserved.

Data last updated 10:13 AM UTC, 2/7/2024

Powered byLuxury Presence