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Off market
  • $11,905,500

    5060 Gulf Of Mexico Dr, Longboat Key, FL 34228

    5beds
    10,216sqft
    SingleFamily
    Built in 2007
    0.98 Acres Lot
    $11,905,500 Zestimate®
    $1,165/sqft
    $68,592 Estimated rent

    Home value

    $11,905,500

    $10.24M - $13.81M

    $68,592/mo

    Zestimate® history
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    $68,592/mo

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    Rent Zestimate®

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    $79,033/mo

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    $79,033/mo

    Est. payment

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    What's special

    Bay front BEAUTY! Gated one acre estate with 100 ft of bay front beautiful views on one of the widest expanses of Bay water. New, magnificent 5 bedroom mediterranean masterpiece! The master area features a separate sitting area inside and an expansive terrace with breathtaking Bay and Sarasota city views for outdoor enjoyment. The master area is designed for ultimate privacy and views. There is a mini kitchen, large his and her closets plus marble his and her baths that feature a steam shower in his bath and her shower has a window wall to the Bay. The marble finishes are unique and the bathrooms very spacious. A gorgeous entry opens to the living area that capitalizes on the water views from all the primary rooms. The chef's kitchen adjoins the family room which opens to the grand terrace with multiple sitting areas plus the infinity pool. The pool deck has an inviting fireplace sitting area and fully equipped outdoor kitchen, perfect for family and entertaining. Also adjoining the kitchen is a game room/pool room and full size theater room. There is also a live in suite with a private entrance off the kitchen area- perfect for a nanny or family member. Another guest suite downstairs has magnificent Bay views and a private bay front terrace. There is also a large formal dining room plus a wine room and bar area off the kitchen. The wood appointed office has Bay views. The designer finishes are gorgeous and special treatments are throughout the estate. Deeded beach access . 4 car garage.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 6
    • Full bathrooms: 5
    • 1/2 bathrooms: 1
    Heating
    • Other
    Cooling
    • Central
    Features
    • Has fireplace: No
    Interior area
    • Total interior livable area: 10,216 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage - Attached
    Features
    • Exterior features: Stone, Brick
    • On waterfront: Yes
    Lot
    • Size: 0.98 Acres
    Details
    • Parcel number: 8002100009

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • masonry
    • Roof: Tile
    Condition
    • Year built: 2007

    Community & HOA

    Location
    • Region: Longboat Key

    Financial & listing details

    • Price per square foot: $1,165/sqft
    • Tax assessed value: $11,726,366
    • Annual tax amount: $148,238

    Price history

    DateEventPrice
    7/20/2018Sold$6,880,000-20.9%$673/sqft
    Source: Stellar MLS #A4145711 Report a problem
    1/10/2017Listing removed$8,700,000$852/sqft
    Source: Coldwell Banker Previews International #A3957281 Report a problem
    6/29/2016Listed for sale$8,700,000$852/sqft
    Source: Coldwell Banker Previews International #A3957281 Report a problem
    6/4/2015Listing removed$8,700,000$852/sqft
    Source: Coldwell Banker Previews International #A3957281 Report a problem
    3/15/2012Listed for sale$8,700,000+117.5%$852/sqft
    Source: DEVELOPERS REALTY INC #A3957281 Report a problem
    11/4/2009Sold$4,000,000+78.6%$392/sqft
    Source: Public Record Report a problem
    12/31/2003Sold$2,239,400+40%$219/sqft
    Source: Public Record Report a problem
    10/24/2002Sold$1,600,000$157/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$148,238 +0.1%$8,705,129 +10%
    2024$148,161 +15%$7,913,754 +10%
    2023$128,887 +15.5%$7,194,322 +10%
    2022$111,583 +16.3%$6,540,293 +10%
    2021$95,941 +9%$5,943,266 +10%
    2020$88,021 -0.6%$5,403,360
    2019$88,524 $5,403,360 +24.9%
    2018$88,524 +24.9%$4,327,802 +12.8%
    2017$70,862 +21.5%$3,836,171 -5%
    2016$58,345 $4,035,954 +3.8%
    2015$58,345 $3,887,262 +11.4%
    2014$58,345 +11%$3,490,827 +10.8%
    2013$52,552 +5255078%$3,149,378 +5.9%
    2012$1 $2,973,622 -5.2%
    2011$1 $3,137,538 -2%
    2010-- $3,202,694 +0.7%
    2009$52,351 -3.9%$3,181,301 -5.7%
    2008$54,471 +36.2%$3,373,573 +38%
    2007$40,004 -2.7%$2,444,325 +4%
    2006$41,094 +9.6%$2,350,313 +13.6%
    2005$37,489 +15.6%$2,068,275 +17.9%
    2004$32,440 +13%$1,754,900 +17%
    2003$28,697 +518%$1,500,100 +468.2%
    2002$4,644 +1.4%$264,031 +1.6%
    2001$4,581 +1.3%$259,873 +3%
    2000$4,522 $252,304
    Find assessor info on the county website

    Neighborhood: 34228

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $11,905,500
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    Estimated market value
    $11,905,500