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Sold for $11,000,000
  • $11,000,000

    5861 Gulf Of Mexico Dr, Longboat Key, FL 34228

    5beds
    0baths
    1.13Acres
    VacantLand
    Built in 2024
    1.13 Acres Lot
    $-- Zestimate®
    $1,560/sqft
    $105,310 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $105,310/mo

    Zestimate® history
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    $105,310/mo

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    $73,074/mo

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    $73,074/mo

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    What's special

    Direct Gulf front estate lot for building your dream home right on the beach! The site is 100 feet on the beach and approximately 500 feet deep. This parcel is cleared and ready to build on and is one of the last Gulf front lots available. This is an incredible opportunity for enjoying the beach, Gulf waters and brilliant sunsets from your personally designed beachfront home. You are minutes to the Publix Shopping Plaza, the Longboat Key Club offering amenities that include golf, tennis, restaurants and fitness center plus spa. The Harbourside Marina is on the Bay behind the Publix Shopping Plaza for the boater needing a slip
    Originating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 0
    Heating
    • Other, Electric
    Cooling
    • Central
    Features
    • Has fireplace: No
    Interior area
    • Total interior livable area: 7,050 sqft

    Property

    Parking
    • Parking features: Garage - Attached
    Features
    • Exterior features: Stone, Brick
    • Has spa: Yes
    • Fencing: Board
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Gulf/Ocean
    Lot
    • Size: 1.13 Acres
    • Dimensions: 100x491
    • Features: Cleared
    Details
    • Parcel number: 8006100059
    • Zoning: R1SF

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Private
    • Utilities for property: Electricity Available, Phone Available, Fiber Optics, Natural Gas Available

    Community & HOA

    Community
    • Subdivision: Longboat Key
    Location
    • Region: Longboat Key

    Financial & listing details

    • Price per square foot: $1,560/sqft
    • Tax assessed value: $12,188,428
    • Annual tax amount: $184,245
    • Listing terms: Cash, Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    8/14/2025Sold$11,000,000-43.6%$1,560/sqft
    Source: Public Record Report a problem
    4/28/2025Price change$19,500,000-7.1%$2,766/sqft
    Source: Stellar MLS #A4627895 Report a problem
    2/4/2025Price change$20,995,000-8.3%$2,978/sqft
    Source: Stellar MLS #A4627895 Report a problem
    11/9/2024Listed for sale$22,900,000+23.8%$3,248/sqft
    Source: Stellar MLS #A4627895 Report a problem
    7/11/2024Listing removed$18,500,000$2,624/sqft
    Source: Stellar MLS #O6080850 Report a problem
    1/6/2023Listed for sale$18,500,000+3.4%$2,624/sqft
    Source: Stellar MLS #O6080850 Report a problem
    1/1/2023Listing removed--
    Source: Stellar MLS #A4531109 Report a problem
    4/9/2022Listed for sale$17,900,000+397.2%$2,539/sqft
    Source: Stellar MLS #A4531109 Report a problem
    5/10/2021Listing removed--
    Source: Stellar MLS #A4471862 Report a problem
    1/27/2021Sold$3,600,000-8.9%$511/sqft
    Source: Stellar MLS #A4471862 Report a problem
    12/10/2020Pending sale$3,950,000$560/sqft
    Source: Stellar MLS #A4471862 Report a problem
    7/9/2020Listed for sale$3,950,000+58%$560/sqft
    Source: DEVELOPERS REALTY INC #A4471862 Report a problem
    4/16/2015Sold$2,500,000$355/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$184,245 +187.2%$11,915,494 +209.1%
    2024$64,162 +8.2%$3,855,060 +10%
    2023$59,292 +14.8%$3,504,600 +10%
    2022$51,655 +1.4%$3,186,000 +11.6%
    2021$50,951 +13.5%$2,855,600 +10%
    2020$44,884 +3.8%$2,596,000 +5.2%
    2019$43,242 $2,467,674 +4.6%
    2018$43,242 +8%$2,360,000 +1%
    2017$40,030 +3.7%$2,336,400 +26%
    2016$38,611 $1,854,000 -4%
    2015$38,611 $1,931,563
    Find assessor info on the county website

    Neighborhood: 34228

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Anna Maria Elementary
    • Middle: Martha B. King Middle
    • High: Bayshore High

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.