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For sale
    • $7,495,000

    5005 GULF OF MEXICO DRIVE #4, LONGBOAT KEY, FL 34228

    4beds
    4,630sqft
    : 
    $49,089/mo
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    Single Family Residence
    Built in 2018
    10,454 Square Feet Lot
    $6,942,200 Zestimate®
    $1,619/sqft
    $572/mo HOA

    What's special

    Three spacious guest suitesLarge family roomQuartz countertopsOversized three-car garageElegant chandeliers and sconcesGathering loungeStorage room
    Designed by award-winning architect, John Cooney, and built by Sarasota’s premier coastal homebuilder, Perrone Construction, this mid-Key classic is simply among Longboat Key’s finest homes. Walk in to this fully furnished home which is steps from the beach and with expansive Gulf and Bay views, this masterpiece offers more than 4300 square feet of refined interiors on the main living floors together with multiple large lanais and balconies. A beautiful foyer, large family room, and home gym are featured on the ground floor, along with an oversized three-car garage and storage room. The quality of the home’s design and construction are matched by the charm of the interior finishes and amenities. The living areas incorporate beautiful ceiling elevations, along with custom wide-plank hardwood, Italian porcelain tile, and custom plantation shutters and drapes. The Great Room flows into the chef’s kitchen which features custom cabinetry, quartz countertops, Wolf and SubZero appliances, and a temperature-controlled 275 bottle wine room. Designed for easy entertaining, the Great Room opens onto a large lanai with its gas fireplace and grill, and gorgeous Gulf and sunset views. Adjoining the kitchen is a perfect dining room with its own balcony and Gulf views, as well as a large family office/bonus room with custom cabinetry and bookshelves. The Lutron system controls both the lighting and the custom drapes and shades. The home’s elegant chandeliers and sconces bathe its interior with gracious warmth. The beautiful master suite on the main floor includes a bedroom cathedral ceiling and access to the outdoor lanai. The master bath features custom cabinetry, porcelain tile, a large steam shower, and is plumbed for a master bathtub. Three spacious guest suites, a gathering lounge, and balconies with Gulf views are found on the second living floor. A private elevator connects all levels. Both the home and exterior grounds are designed for year-round, low-maintenance living. An extensive landscape refresh in 2023 included new turf and lighting, an outdoor shower, and a great fire pit area for entertaining. Lush landscaping and a tranquil pool setting provide both screening and privacy. The home features remote controlled screening and storm shutters, extensive use of Azek composite, and other low-maintenance materials, along with a gas generator, whole-house water filtration system, central vacuum, and much more. With miles of pristine beach and bay to explore and with the abundant cultural, dining, and shopping amenities of Sarasota, St. Armand’s Circle, and Anna Maria Island nearby, this timeless home delivers the very best of Longboat Key living.
    234 days
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    402
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    8
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    Zillow last checked:

    Listing updated:

    Listed by:

    Reid Murphy 941-232-3304,

    DEVELOPERS REALTY LBK, INC 941-799-9096

    Source: Stellar MLS,MLS#: A4673495MLS 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: Second
      • Area: 378 Square Feet
      • Dimensions: 21x18
      Bedroom 2
      • Features: Built-in Closet
      • Level: Third
      • Area: 240 Square Feet
      • Dimensions: 16x15
      Bedroom 3
      • Features: Built-in Closet
      • Level: Third
      • Area: 180 Square Feet
      • Dimensions: 15x12
      Bedroom 4
      • Features: Built-in Closet
      • Level: Third
      • Area: 156 Square Feet
      • Dimensions: 13x12
      Primary bathroom
      • Level: Second
      • Area: 228 Square Feet
      • Dimensions: 19x12
      Balcony porch lanai
      • Level: Second
      • Area: 368 Square Feet
      • Dimensions: 23x16
      Balcony porch lanai
      • Level: Second
      • Area: 66 Square Feet
      • Dimensions: 11x6
      Den
      • Level: Third
      • Area: 132 Square Feet
      • Dimensions: 12x11
      Dining room
      • Level: Second
      • Area: 169 Square Feet
      • Dimensions: 13x13
      Foyer
      • Level: First
      • Area: 169 Square Feet
      • Dimensions: 13x13
      Gym
      • Level: First
      • Area: 276 Square Feet
      • Dimensions: 23x12
      Kitchen
      • Level: Second
      • Area: 264 Square Feet
      • Dimensions: 22x12
      Living room
      • Level: Second
      • Area: 420 Square Feet
      • Dimensions: 21x20
      Office
      • Level: Second
      • Area: 182 Square Feet
      • Dimensions: 14x13
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Bar Fridge, Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Refrigerator
      • Laundry: Laundry Room
      Features
      • Ceiling Fan(s)
      • Flooring: Carpet, Ceramic Tile, Engineered Hardwood
      • Doors: Outdoor Kitchen
      • Has fireplace: Yes
      • Fireplace features: Gas, Living Room
      • Furnished: Yes
      Interior area
      • Total structure area: 7,976
      • Total interior livable area: 4,630 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 3
      • Parking features: Garage - Attached
      • Attached garage spaces: 3
      Features
      • Levels: Three Or More
      • Stories: 3
      • Exterior features: Balcony, Garden, Irrigation System, Outdoor Kitchen, Private Entrance
      • Has private pool: Yes
      • Pool features: Heated, In Ground
      • Has spa: Yes
      • Spa features: Heated, In Ground
      • Has view: Yes
      • View description: Beach
      • Has water view: Yes
      • Water view: Beach
      • Waterfront features: Beach Access
      • Body of water: GULF OF MEXICO
      Lot
      • Size: 10,454 Square Feet
      Details
      • Parcel number: 8009200259
      • Zoning: R3MX
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Block
      • Foundation: Slab
      • Roof: Other
      Condition
      • New construction: No
      • Year built: 2018

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Connected, Electricity Connected

      Community & HOA

      Community
      • Features: Deed Restrictions
      • Pet fee: $0 monthly
      • Subdivision: BONAIRE AT LONGBOAT KEY
      HOA
      • Has HOA: Yes
      • HOA fee: $572 monthly
      • HOA name: Denise Henning
      Location
      • Region: Longboat Key

      Financial & listing details

      • Price per square foot: $1,619/sqft
      • Tax assessed value: $5,445,173
      • Annual tax amount: $30,970
      • Date on market: 12/18/2025
      • Cumulative days on market: 235 days
      • Listing terms: Cash,Conventional
      • Ownership: Fee Simple
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Brick

        Estimated market value

        $6,942,200

        $6.60M - $7.29M

        $8,871/mo

        Price history

        DateEventPrice
        5/8/2026Price change$7,495,000-3.9%$1,619/sqft
        Source: Stellar MLS #A4673495 Report a problem
        3/26/2026Price change$7,800,000-5.5%$1,685/sqft
        Source: Stellar MLS #A4673495 Report a problem
        12/18/2025Listed for sale$8,250,000+432.3%$1,782/sqft
        Source: Stellar MLS #A4673495 Report a problem
        5/15/2014Sold$1,550,000$335/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$31,641 +2.2%$2,101,523 +2.9%
        2024$30,971 +0.4%$2,042,296 +3%
        2023$30,835 +1.7%$1,982,812 +3%
        2022$30,306 -1.9%$1,925,060 +3%
        2021$30,885 +0.1%$1,868,990 +1.4%
        2020$30,841 +3.2%$1,843,185 +2.3%
        2019$29,873 $1,801,745 +300.4%
        2018$29,873 +278.1%$450,000 -30.8%
        2017$7,901 +1.3%$650,000
        2016$7,796 $650,000 -48.8%
        2015$7,796 $1,270,000 +130.9%
        2014$7,796 $550,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 34228

        Getting around

        16 / 100
        Car-Dependent
        62 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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