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New construction
  • $38,450,000

    5965 GULF OF MEXICO DRIVE, LONGBOAT KEY, FL 34228

    11beds
    17,199sqft
    : 
    $249,518/mo
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    Single Family Residence
    Built in 2026
    1.64 Acres Lot
    $-- Zestimate®
    $2,236/sqft
    $-- HOA

    What's special

    Separate pool houseMultiple guest suitesStately officeSweeping gulf-front terraceRefined loungeDual spa-inspired bathsTemperature-controlled wine cellar
    Under Construction. Set on nearly two private Gulf-front acres, this visionary estate is emerging as one of the most architecturally significant residences ever conceived on Longboat Key. Designed by the internationally acclaimed firm Sweet Sparkman Architecture & Interiors, the home represents a rare convergence of sculptural design, coastal sensitivity, and modern livability. Bold in concept yet timeless in execution, the main residence unfolds with intention. A dramatic foyer introduces expansive living spaces designed to capture light, scale, and uninterrupted Gulf views. The primary suite is conceived as a private sanctuary, complete with dual spa-inspired baths and bespoke dressing rooms. A stately office, refined lounge, formal dining room, and temperature-controlled wine cellar complement the open-concept great room, which transitions seamlessly to a sweeping Gulf-front terrace. Dual kitchens, a showpiece entertaining kitchen and a separate chef’s kitchen, elevate both daily living and grand-scale hosting. The estate continues upward to a rooftop deck with panoramic coastal vistas, while other levels offer a private cinema, multiple guest suites, and a dedicated guest-level kitchenette. A thoughtfully designed guest house and separate pool house provide additional privacy and flexibility for extended stays or staff accommodations. Outdoors, the setting transforms into a private coastal resort. Lush, layered landscaping surrounds a dramatic resort-style pool and spa, expansive entertaining terraces, tranquil water features, and potential for a private tennis and pickleball court — all oriented toward the Gulf’s endless horizon. Positioned along one of the most coveted stretches of Longboat Key, the property offers both seclusion and proximity to the best of the region, including The Resort at Longboat Key Club, The St. Regis Longboat Key Resort, St. Armand's Circle, and the cultural vibrancy of downtown Sarasota. With construction advancing and pricing evolving accordingly, this is a rare opportunity to secure a generational Gulf-front legacy estate at a pivotal stage. Longboat Key’s global recognition, including its inclusion among Forbes Travel Guide’s Top 12 Destinations, further underscores the enduring value of this extraordinary offering.
    143 days
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    2,816
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    103
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    Zillow last checked:

    Listing updated:

    Listed by:

    Joel Schemmel 941-587-4894,

    DOUGLAS ELLIMAN 941-867-6199

    Source: Stellar MLS,MLS#: A4681869MLS LogoOriginating MLS: Sarasota - Manatee

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 11
      • Bathrooms: 17
      • Full bathrooms: 13
      • 1/2 bathrooms: 4
      Rooms
      • Room types: Bonus Room, Den/Library/Office, Great Room, Utility Room, Loft, Media Room, Storage Rooms
      Primary bedroom
      • Features: Walk-In Closet(s)
      • Level: Second
      • Area: 468 Square Feet
      • Dimensions: 18x26
      Bedroom 2
      • Features: Built-in Closet
      • Level: Second
      • Area: 408 Square Feet
      • Dimensions: 17x24
      Bedroom 5
      • Features: Built-in Closet
      • Level: Third
      • Area: 396 Square Feet
      • Dimensions: 18x22
      Bathroom 3
      • Features: Built-in Closet
      • Level: Third
      • Area: 336 Square Feet
      • Dimensions: 16x21
      Bathroom 4
      • Features: Built-in Closet
      • Level: Third
      • Area: 304 Square Feet
      • Dimensions: 16x19
      Dining room
      • Level: Second
      • Area: 308 Square Feet
      • Dimensions: 14x22
      Great room
      • Level: Second
      • Area: 1050 Square Feet
      • Dimensions: 30x35
      Kitchen
      • Level: Second
      • Area: 588 Square Feet
      • Dimensions: 21x28
      Loft
      • Level: Third
      • Area: 484 Square Feet
      • Dimensions: 22x22
      Media room
      • Level: Third
      • Area: 493 Square Feet
      • Dimensions: 17x29
      Heating
      • Central, Electric
      Cooling
      • Central Air, Zoned
      Appliances
      • Included: Bar Fridge, Oven, Dishwasher, Disposal, Dryer, Freezer, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Washer, Wine Refrigerator
      • Laundry: Inside, Laundry Room
      Features
      • Built-in Features, Ceiling Fan(s), Central Vacuum, Eating Space In Kitchen, Elevator, Kitchen/Family Room Combo, Open Floorplan, PrimaryBedroom Upstairs, Thermostat, Walk-In Closet(s)
      • Flooring: Engineered Hardwood, Porcelain Tile
      • Doors: Outdoor Kitchen, Sliding Doors
      • Windows: Hurricane Shutters/Windows
      • Has fireplace: Yes
      • Fireplace features: Living Room
      Interior area
      • Total structure area: 32,165
      • Total interior livable area: 17,199 sqft

      Property

      Parking
      • Total spaces: 7
      • Parking features: Covered, Driveway, Electric Vehicle Charging Station(s), Garage Door Opener, Golf Cart Parking, Ground Level, Guest, Off Street, Oversized, Split Garage, Tandem
      • Attached garage spaces: 7
      • Has uncovered spaces: Yes
      Features
      • Levels: Three Or More
      • Stories: 3
      • Patio & porch: Covered, Deck, Front Porch, Patio, Porch, Rear Porch
      • Exterior features: Balcony, Irrigation System, Lighting, Outdoor Kitchen, Private Mailbox, Rain Gutters, Storage, Tennis Court(s)
      • Has private pool: Yes
      • Pool features: Gunite, Heated, In Ground, Infinity, Outside Bath Access, Salt Water
      • Has spa: Yes
      • Spa features: Heated, In Ground
      • Has view: Yes
      • View description: Pool, Water, Beach, Gulf/Ocean - Full
      • Has water view: Yes
      • Water view: Water,Beach,Gulf/Ocean - Full
      • Waterfront features: Waterfront, Beach, Gulf/Ocean, Beach Access, Gulf/Ocean Access
      • Body of water: GULF OF MEXICO
      Lot
      • Size: 1.64 Acres
      • Dimensions: 150 x 475
      • Features: Flood Insurance Required, FloodZone, In County, Oversized Lot
      Details
      • Additional structures: Cabana, Guest House, Outdoor Kitchen, Tennis Court(s)
      • Parcel number: 7897110008
      • Zoning: R1SF
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Coastal,Contemporary,Custom,Elevated
      • Property subtype: Single Family Residence
      Materials
      • Block, Concrete, Stucco
      • Foundation: Pillar/Post/Pier, Raised
      • Roof: Metal
      Condition
      • Under Construction
      • New construction: Yes
      • Year built: 2026
      Details
      • Builder model: Custom
      • Builder name: Bluewater Construction LLC

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: BB/HS Internet Available, Cable Available, Electricity Connected, Natural Gas Connected, Public, Sewer Connected, Underground Utilities, Water Connected

      Community & HOA

      Community
      • Features: Waterfront
      • Security: Smoke Detector(s)
      • Pet fee: $0 monthly
      • Subdivision: LONGBOAT KEY
      HOA
      • Has HOA: No
      Location
      • Region: Longboat Key

      Financial & listing details

      • Price per square foot: $2,236/sqft
      • Tax assessed value: $5,594,063
      • Annual tax amount: $82,342
      • Date on market: 3/6/2026
      • Cumulative days on market: 144 days
      • Listing terms: Cash,Conventional
      • Ownership: Fee Simple
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Paved, Asphalt

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        3/6/2026Listed for sale$38,450,000+53.8%$2,236/sqft
        Source: Stellar MLS #A4681869 Report a problem
        9/2/2025Listing removed$25,000,000$1,454/sqft
        Source: Stellar MLS #A4632544 Report a problem
        1/9/2025Listed for sale$25,000,000+117.5%$1,454/sqft
        Source: Stellar MLS #A4632544 Report a problem
        7/12/2024Listing removed$11,495,000+13.3%$668/sqft
        Source: Stellar MLS #A4488608 Report a problem
        6/1/2021Sold$10,150,000-11.7%$590/sqft
        Source: Stellar MLS #A4488608 Report a problem
        3/17/2021Pending sale$11,495,000+4.5%$668/sqft
        Source: Stellar MLS #A4488608 Report a problem
        3/12/2021Listing removed$11,000,000-4.3%$640/sqft
        Source: Stellar MLS #A4488608 Report a problem
        1/15/2021Price change$11,495,000-4.1%$668/sqft
        Source: Stellar MLS #A4488608 Report a problem
        6/12/2020Price change$11,989,0000%$697/sqft
        Source: COLDWELL BANKER REALTY #A4418090 Report a problem
        3/11/2020Price change$11,990,0000%$697/sqft
        Source: Coldwell Banker Realty - Longboat Key #A4418090 Report a problem
        11/4/2018Listed for sale$11,995,000-14%$697/sqft
        Source: COLDWELL BANKER RES R E #A4418090 Report a problem
        7/9/2018Listing removed$13,950,000$811/sqft
        Source: Coldwell Banker Residential Real Estate - Longboat Key #A4190234 Report a problem
        3/2/2018Price change$13,950,000-5.4%$811/sqft
        Source: Coldwell Banker Residential Real Estate - Longboat Key #A4190234 Report a problem
        6/29/2017Listed for sale$14,750,000+178.3%$858/sqft
        Source: Coldwell Banker Residential Real Estate - Longboat Key #A4190234 Report a problem
        1/21/2015Sold$5,300,000-29.3%$308/sqft
        Source: Public Record Report a problem
        10/1/2014Price change$7,500,000-15.7%$436/sqft
        Source: Coldwell Banker Residential Real Estate - Longboat Key #A3969165 Report a problem
        2/25/2014Price change$8,900,000-5.3%$517/sqft
        Source: Coldwell Banker Residential Real Estate - Longboat Key #A3969165 Report a problem
        5/22/2013Price change$9,400,000-10%$547/sqft
        Source: Coldwell Banker Residential Real Estate - Longboat Key #A3969165 Report a problem
        11/22/2012Listed for sale$10,450,000-9.1%$608/sqft
        Source: Coldwell Banker Residential Real Estate - Longboat Key #A3969165 Report a problem
        7/21/2012Listing removed$11,500,000$669/sqft
        Source: Coldwell Banker Residential Real Estate - Longboat Key #A3933339 Report a problem
        10/14/2010Listed for sale$11,500,000-11.5%$669/sqft
        Source: COLDWELL BANKER RES R E #A3933339 Report a problem
        7/10/2010Listing removed$13,000,000$756/sqft
        Source: NRT Florida #A3915484 Report a problem
        10/23/2009Listed for sale$13,000,000+205.9%$756/sqft
        Source: NRT Florida #A3915484 Report a problem
        5/2/2001Sold$4,250,000$247/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$82,342 +4.8%$5,255,787 +10%
        2024$78,606 +8.3%$4,777,988 +10%
        2023$72,570 -52.3%$4,343,625 -54.4%
        2022$152,199 +79.2%$9,527,393 +86.8%
        2021$84,937 +0.1%$5,100,272 +1.4%
        2020$84,832 +3.2%$5,029,854 +2.3%
        2019$82,172 $4,916,768 +1.9%
        2018$82,172 +0.2%$4,825,091 +2.1%
        2017$81,977 +5.8%$4,725,848 +2.1%
        2016$77,497 $4,628,646 +2.3%
        2015$77,497 $4,523,316 +0.8%
        2014$77,497 +6%$4,487,417 +1.5%
        2013$73,127 +7312622%$4,421,100 +1.7%
        2012$1 $4,347,198 +3%
        2011$1 $4,220,581 -23.8%
        2010-- $5,538,126 -4.7%
        2009$97,642 -15.1%$5,810,777 -16.7%
        2008$115,060 +65.3%$6,972,922 +67.7%
        2007$69,624 -5.3%$4,158,675 +1%
        2006$73,549 +5.6%$4,117,500 +9.8%
        2005$69,625 +23.6%$3,751,500 +26.2%
        2004$56,311 -7.3%$2,973,750 -3.8%
        2003$60,731 +33.1%$3,090,670 +37.2%
        2002$45,627 +32.2%$2,253,250 +32.1%
        2001$34,525 +25.5%$1,705,777 +28.3%
        2000$27,502 $1,329,804
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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

        22 / 100
        Car-Dependent
        44 / 100
        Somewhat Bikeable

        Nearby schools

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

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

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