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Off market
  • $10,271,000

    5251 Gulf Of Mexico Dr, Longboat Key, FL 34228

    3beds
    2baths
    1,558sqft
    SingleFamily
    Built in 1978
    1.12 Acres Lot
    $10,271,000 Zestimate®
    $6,592/sqft
    $7,627 Estimated rent

    Home value

    $10,271,000

    $8.11M - $12.84M

    $7,627/mo

    Zestimate® history
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    $67,047/mo

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    $67,047/mo

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    What's special

    Timeless beachfront estate sized parcel, privately nestled with awe-inspiring views of the Gulf of Mexico and amazing sunsets year round. This property is graced by approximately 100' on the Gulf and rests on over 1 acre of beautifully landscapedgrounds. The utmost privacy is immediately felt as you drive through the meandering brick paver entry court leading to the two story beach retreat. This traditional floor plan is ideal for family living with a natural flow between indoor and outdoor spaces that welcomes relaxation and facilitates easy entertaining. The living room boasts walls of picture windows with beach views and interior details feature an updated kitchen, crown molding, central vacuum and numerous mirrors to maximize the outdoor views. The master suite is located directly on the beachside of the home with panoramic water views. Exterior highlights include newer hurricane rated windows to the upper level, electric storm shutters, clay tile roof, outdoor heated shower, trellis covered carport in addition to the garage and mature foliage with lots of green spaces. Not only will you enjoy all of the splendors of island living, but knowing that renowned St. Armands Circle and the spectacular Sarasota cultural activities are only minutes away makes this an idyllic place to own your piece of paradise.

    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: 3
    • Bathrooms: 2
    Heating
    • central
    Cooling
    • Central
    Features
    • Flooring: Tile, Carpet
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 1,558 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage, Carport, Open
    Features
    • Exterior features: Stone, Brick
    • Has spa: Yes
    • On waterfront: Yes
    Lot
    • Size: 1.12 Acres
    Details
    • Parcel number: 7994100001

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • masonry
    • Roof: Tile
    Condition
    • Year built: 1978

    Community & HOA

    Location
    • Region: Longboat Key

    Financial & listing details

    • Price per square foot: $6,592/sqft
    • Tax assessed value: $11,585,895
    • Annual tax amount: $62,282

    Price history

    DateEventPrice
    2/9/2012Sold$2,350,000-21.7%$1,508/sqft
    Source: Public Record Report a problem
    1/21/2012Pending sale$2,999,999$1,926/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    11/15/2011Price change$2,999,999-4.8%$1,926/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    8/18/2011Listed for sale$3,150,000$2,022/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$62,282 +2.2%$4,120,592 +2.9%
    2024$60,968 +0.4%$4,004,463 +3%
    2023$60,717 +1.7%$3,887,828 +3%
    2022$59,688 -1.9%$3,774,590 +3%
    2021$60,853 +0.1%$3,664,650 +1.4%
    2020$60,775 +3.2%$3,614,053 +2.3%
    2019$58,867 $3,532,799 +1.9%
    2018$58,867 +0.2%$3,466,927 +2.1%
    2017$58,724 +100.4%$3,395,619 +2.1%
    2016$29,301 $3,325,778 +84.8%
    2015$29,301 $1,800,000
    2014$29,301 -1.9%$1,800,000 +0.5%
    2013$29,882 +2988098%$1,790,798 -1%
    2012$1 $1,808,198 +5.3%
    2011$1 $1,717,238 -3.3%
    2010-- $1,775,638 -7.1%
    2009$32,336 -19.1%$1,911,450 -20.8%
    2008$39,946 -6.9%$2,412,133 -5.9%
    2007$42,922 -5%$2,563,737 +1.4%
    2006$45,174 +7.4%$2,528,975 +11.6%
    2005$42,073 +21.5%$2,266,980 +24%
    2004$34,624 +7.9%$1,828,465 +12%
    2003$32,080 +47%$1,632,597 +51.5%
    2002$21,823 +14.9%$1,077,687 +14.9%
    2001$18,991 +31.4%$938,274 +34.3%
    2000$14,449 $698,663
    Find assessor info on the county website

    Neighborhood: 34228

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $10,271,000
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $10,271,000