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Sold for $6,000,000
  • $6,000,000

    5941 GULF OF MEXICO DRIVE, LONGBOAT KEY, FL 34228

    3beds
    2,417sqft
    Single Family Residence
    Built in 1954
    1.07 Acres Lot
    $5,813,300 Zestimate®
    $2,482/sqft
    $32,534 Estimated rent

    Home value

    $5,813,300

    $5.35M - $6.34M

    $32,534/mo

    Zestimate® history
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    What's special

    Waterfront lotInground poolExpansive lot
    **Exquisite Beachfront Estate! Don't miss this once-in-a-lifetime opportunity to own a beachfront estate right on the Gulf!** Seize this extraordinary, once-in-a-lifetime opportunity to create your sanctuary on one of the most remarkable waterfront lots along the Gulf Coast. This rare gem offers an unparalleled oceanfront homesite 100X465 (over 1 acre) directly on the pristine beaches of the Gulf of Mexico. This delightful residence, recently affected by water intrusion due to Hurricane Helene, is being sold in its current condition-"as-is.” Envision the possibilities of crafting your dream oceanfront estate nestled on the stunning shores of Longboat Key. The expansive lot, spanning just over an acre, is perfectly suited for a family compound or a serene personal retreat. Awaken each morning to breathtaking vistas of the Gulf, where golden sunsets and soothing ocean breezes become an integral part of your everyday life. The single-story design fosters a seamless connection between indoor and outdoor spaces, enabling you to embrace the coveted coastal lifestyle fully. With ample space for outdoor gatherings, this home is ideal for families eager to forge lasting memories by the beach. The property features a detached garage and an inground pool, providing a foundation for future enhancements or renovations. Whether you renovate the existing structure or build your dream home, the possibilities are limitless. Immerse yourself in the tranquil beauty of beachfront living while remaining just moments away from the vibrant local community. This is a rare opportunity to own a slice of paradise on Longboat Key, where you can revel in unparalleled panoramic views of the Gulf of Mexico, witness breathtaking sunsets, and experience a harmonious blend of luxury and natural beauty. Don’t let this unique chance slip away to craft your dream waterfront home on Longboat Key, where luxury and tranquility await. The crystal-clear waters of the Gulf of Mexico and sun-kissed skies provide the ideal backdrop to this enchanting island beach house. This exceptional property encompasses 100 feet of sandy beachfront along the Gulf, perfectly poised for those seeking a sophisticated coastal lifestyle amidst sweeping views and pristine white sands.

    Zillow last checked:

    Listing updated:

    Listed by:

    Judy Kepecz-Hays 941-587-1700,

    COLDWELL BANKER REALTY 941-366-8070

    Bought with:

    Sheryl VanDuren, 3456834

    MICHAEL SAUNDERS & COMPANY

    Source: Stellar MLS,MLS#: A4626774MLS LogoOriginating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Bonus Room
    Primary bedroom
    • Features: Walk-In Closet(s)
    • Level: First
    • Area: 224 Square Feet
    • Dimensions: 14x16
    Kitchen
    • Level: First
    Living room
    • Level: First
    • Area: 550 Square Feet
    • Dimensions: 22x25
    Heating
    • Natural Gas
    Cooling
    • Other
    Appliances
    • Included: None
    • Laundry: Laundry Closet
    Features
    • Living Room/Dining Room Combo
    • Flooring: Ceramic Tile, Concrete
    • Doors: Sliding Doors
    • Has fireplace: No
    Interior area
    • Total structure area: 2,417
    • Total interior livable area: 2,417 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Private Mailbox
    • Has private pool: Yes
    • Pool features: In Ground, Lighting
    • Has view: Yes
    • View description: Water, Beach, Gulf/Ocean - Full
    • Has water view: Yes
    • Water view: Water,Beach,Gulf/Ocean - Full
    • Waterfront features: Beach, Gulf/Ocean, Beach Access, Gulf/Ocean Access
    • Body of water: GULF OF MEXIICO
    Lot
    • Size: 1.07 Acres
    • Dimensions: 100 x 465
    • Features: FloodZone, Level, Oversized Lot
    Details
    • Parcel number: 7897200007
    • Zoning: R1SF
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Custom
    • Property subtype: Single Family Residence
    Materials
    • Block, Cedar
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • Fixer
    • New construction: No
    • Year built: 1954

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Available, Fire Hydrant, Natural Gas Available, Phone Available, Public, Sewer Connected, Street Lights, Underground Utilities, Water Available

    Community & HOA

    Community
    • Pet fee: $0 monthly
    • Subdivision: TOWN OF LONGBOAT KEY
    HOA
    • Has HOA: No
    Location
    • Region: Longboat Key

    Financial & listing details

    • Price per square foot: $2,482/sqft
    • Tax assessed value: $5,017,043
    • Annual tax amount: $37,406
    • Date on market: 10/29/2024
    • Cumulative days on market: 218 days
    • Listing terms: Cash
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Paved, Asphalt

    Price history

    DateEventPrice
    6/30/2025Sold$6,000,000$2,482/sqft
    Source: Stellar MLS #A4626774 Report a problem
    6/5/2025Pending sale$6,000,000$2,482/sqft
    Source: Stellar MLS #A4626774 Report a problem
    6/3/2025Price change$6,000,000-31.8%$2,482/sqft
    Source: Stellar MLS #A4626774 Report a problem
    11/27/2024Price change$8,800,000-7.4%$3,641/sqft
    Source: Stellar MLS #A4626774 Report a problem
    10/29/2024Listed for sale$9,500,000$3,930/sqft
    Source: Stellar MLS #A4626774 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$38,380 +2.2%$2,539,780 +2.9%
    2024$37,569 +0.4%$2,468,202 +3%
    2023$37,406 +1.5%$2,396,313 +3%
    2022$36,840 -1.9%$2,326,517 +3%
    2021$37,554 +0.1%$2,258,754 +1.4%
    2020$37,503 +3.2%$2,227,568 +2.3%
    2019$36,331 $2,177,486 +1.9%
    2018$36,331 +0.3%$2,136,885 +2.1%
    2017$36,239 +5%$2,092,933 +2.1%
    2016$34,498 $2,049,885 +0.7%
    2015$34,498 $2,035,636 +0.8%
    2014$34,498 +6%$2,019,480 +1.5%
    2013$32,555 +3255382%$1,989,635 +1.7%
    2012$1 $1,956,377 +3%
    2011$1 $1,899,395 +1.5%
    2010-- $1,871,325 +2.7%
    2009$30,167 -1.5%$1,822,128 +0.1%
    2008$30,635 +5%$1,820,308 +3%
    2007$29,169 -3.9%$1,767,289 +2.5%
    2006$30,352 -0.8%$1,724,184 +3%
    2005$30,604 +1%$1,673,965 +3%
    2004$30,302 -1.8%$1,625,209 +1.9%
    2003$30,848 -0.6%$1,594,906 +2.4%
    2002$31,033 +30%$1,557,525 +32.1%
    2001$23,863 +26.2%$1,179,008 +28.9%
    2000$18,914 $914,534
    Find assessor info on the county website

    Neighborhood: 34228

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $5,813,300
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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
    $5,813,300