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Sold for $1,150,000
  • $1,150,000

    2944 GULF OF MEXICO DRIVE, LONGBOAT KEY, FL 34228

    4beds
    4,997sqft
    Single Family Residence
    Built in 2025
    0.3 Acres Lot
    $4,956,600 Zestimate®
    $230/sqft
    $7,294 Estimated rent

    Home value

    $4,956,600

    $4.71M - $5.20M

    $7,294/mo

    Zestimate® history
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    What's special

    Under Construction. Exceptional Custom Home Opportunity with Unobstructed Gulf Views! 2944 Gulf of Mexico Dr offers a rare and exciting opportunity to own and complete a luxury coastal estate on Longboat Key. From the third floor and rooftop deck, enjoy beautiful, unobstructed views of the Gulf of Mexico and breathtaking sunset vistas. The property boasts a prime location with two beach access points just a short 2–3 minute walk away (Access at 2825 Gulf of Mexico Dr near Neptune Ave and 3055 Gulf of Mexico Dr near Triton Bend). This desirable location is also only a quarter mile from Publix and pharmacy, less than one mile from Bay Isles Golf Course and The Longboat Key Club, and just five miles from the world-renowned St. Armands Circle, offering a vibrant mix of fine dining, shopping, and entertainment. Currently partially complete (buyer to verify), this residence allows a unique opportunity for the next owner and contractor to bring the approved plans to life. The proposed design features 4 bedrooms, 4 full bathrooms, and 1 powder bath with potentially 4,997 sq ft of heated living area and 10,451 sq ft total under roof, spread across three floors with a stunning rooftop deck. Additional highlights include two 2-car garage (total fit up to 4 cars), multiple balconies and terraces, and a pre-designed shaft for optional future elevator installation. The home is engineered to meet Florida Building Code 2017 standards. Heavy construction including the foundation and structural framing has already been started by a licensed builder. The remaining work, final design selections, and permitting are left for the buyer and their builder to customize and complete. Property is offered as-is, unfinished. Buyer must verify all permits, plans, and finishing requirements with the local jurisdiction prior to closing. This is an extraordinary chance to create and complete a signature luxury residence in one of Sarasota County’s most sought-after coastal neighborhoods.

    Zillow last checked:

    Listing updated:

    Listed by:

    Francis Perdisatt 941-361-9934,

    PREFERRED SHORE LLC 941-999-1179,

    Kevin Tai 941-218-0111,

    PREFERRED SHORE LLC

    Bought with:

    Kaisen Mitchell, 3394183

    COLDWELL BANKER REALTY

    Source: Stellar MLS,MLS#: A4652400MLS LogoOriginating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Primary bedroom
    • Features: Walk-In Closet(s)
    • Level: Third
    • Area: 272 Square Feet
    • Dimensions: 17x16
    Kitchen
    • Level: Third
    • Area: 342 Square Feet
    • Dimensions: 19x18
    Living room
    • Level: Third
    • Area: 342 Square Feet
    • Dimensions: 19x18
    Heating
    • None
    Cooling
    • Other
    Appliances
    • Included: None
    • Laundry: Inside
    Features
    • None
    • Flooring: Other
    • Has fireplace: No
    Interior area
    • Total structure area: 10,451
    • Total interior livable area: 4,997 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage - Attached
    • Attached garage spaces: 4
    Features
    • Levels: Three Or More
    • Stories: 3
    • Exterior features: Other
    • Has private pool: Yes
    • Pool features: In Ground
    • Has view: Yes
    • View description: Gulf/Ocean - Partial
    • Has water view: Yes
    • Water view: Gulf/Ocean - Partial
    • Waterfront features: Beach Access
    Lot
    • Size: 0.3 Acres
    • Dimensions: 100 x 115
    Details
    • Parcel number: 0005160017
    • Zoning: R4MX
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Concrete, Stucco
    • Foundation: Concrete Perimeter
    • Roof: Other
    Condition
    • Under Construction
    • New construction: Yes
    • Year built: 2025
    Details
    • Builder model: N/A
    • Builder name: FHM CONSTRUCTION, INC

    Utilities & green energy

    • Sewer: None
    • Water: None
    • Utilities for property: Other

    Community & HOA

    Community
    • Pet fee: $0 monthly
    • Subdivision: COQUINA BEACH
    HOA
    • Has HOA: No
    Location
    • Region: Longboat Key

    Financial & listing details

    • Price per square foot: $230/sqft
    • Tax assessed value: $611,700
    • Annual tax amount: $8,234
    • Date on market: 5/13/2025
    • Cumulative days on market: 74 days
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    5/15/2026Listing removed$5,299,000$1,060/sqft
    Source: Stellar MLS #A4672670 Report a problem
    11/22/2025Listed for sale$5,299,000+360.8%$1,060/sqft
    Source: Stellar MLS #A4672670 Report a problem
    9/26/2025Sold$1,150,000-25.8%$230/sqft
    Source: Stellar MLS #A4652400 Report a problem
    7/28/2025Pending sale$1,550,000$310/sqft
    Source: Stellar MLS #A4652400 Report a problem
    7/23/2025Price change$1,550,000-8.8%$310/sqft
    Source: Stellar MLS #A4652400 Report a problem
    6/9/2025Price change$1,700,000-12.8%$340/sqft
    Source: Stellar MLS #A4652400 Report a problem
    5/14/2025Listed for sale$1,950,000+178.6%$390/sqft
    Source: Stellar MLS #A4652400 Report a problem
    9/15/2020Sold$700,000-6.7%$140/sqft
    Source: Stellar MLS #A4448454 Report a problem
    6/17/2020Pending sale$750,000$150/sqft
    Source: COLDWELL BANKER REALTY #A4448454 Report a problem
    10/10/2019Price change$750,000+87.5%$150/sqft
    Source: Coldwell Banker Residential Real Estate - Longboat Key #A4448454 Report a problem
    12/28/2018Listed for sale$400,000-46.7%$80/sqft
    Source: ALLISON JAMES ESTATES & HOMES #A4422385 Report a problem
    8/21/2018Listing removed$750,000$150/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker #A4195938 Report a problem
    9/6/2017Listed for sale$750,000$150/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker #A4195938 Report a problem
    10/7/2016Listing removed$750,000$150/sqft
    Source: ALLISON JAMES ESTATES & HOMES #A3990899 Report a problem
    6/8/2015Listed for sale$750,000-37.5%$150/sqft
    Source: RE/MAX ALLIANCE GROUP #A3990899 Report a problem
    3/26/2015Listing removed$1,200,000$240/sqft
    Source: RE/MAX Alliance Group #A3990899 Report a problem
    12/21/2014Price change$1,200,000-20%$240/sqft
    Source: RE/MAX Alliance Group #A3990899 Report a problem
    5/22/2014Listed for sale$1,500,000$300/sqft
    Source: Horizon Realty International Inc. #A3990899 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,476 +2.9%$611,700 +3.6%
    2024$8,234 -12.9%$590,200 -8.7%
    2023$9,450 +6.6%$646,503 +10%
    2022$8,869 +10.7%$587,730 +10%
    2021$8,015 +41.8%$534,300 +129.7%
    2020$5,652 +22.3%$232,581 +10%
    2019$4,624 $211,437 -43.8%
    2018$4,624 +0.7%$375,900 +115.1%
    2017$4,589 +14.2%$174,741 -56.5%
    2016$4,020 $402,000 +4.9%
    2015$4,020 $383,400 +221.2%
    2014$4,020 +29.7%$119,350
    2013$3,099 +94.7%$119,350 +10%
    2012$1,592 -1.5%$108,500 -3%
    2011$1,615 -51.2%$111,800 -49.9%
    2010$3,313 -49.8%$223,100 -15%
    2009$6,602 $262,500 -45.9%
    2008$6,602 -33.2%$485,600 -33.1%
    2007$9,886 $726,300
    Find assessor info on the county website

    Neighborhood: 34228

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $4,956,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $4,956,600