Offering 1.4 pristine acres and 110 feet on the aquamarine Gulf of Mexico, this is a magnificent opportunity for development on Longboat Key. Reminiscent of old Florida, the four beachfront rental cottages on the site that may provide rental income, while allowing space for a new residence to be constructed. Endless possibilities are presented to the innovative buyer with a vision to develop a dream Florida property positioned to experience glorious sunsets over the sparkling Gulf. This property is set just a short drive to the renowned shopping, dining and cultural attractions of St Armands Circle, as well as the opera, ballet, theatres and artistic attractions of downtown Sarasota. No sign on property
Sold for $7,038,000
$7,038,000
6051 Gulf Of Mexico Dr, Longboat Key, FL 34228
7beds
3,994sqft
SingleFamily
Built in 1950
1.46 Acres Lot
$6,143,200 Zestimate®
$1,762/sqft
$37,496 Estimated rent
Home value
$6,143,200
$4.79M - $7.74M
$37,496/mo
Zestimate® history
Owner options
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$37,496/mo
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$37,496/mo
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$46,377/mo
Est. payment
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$46,377/mo
Est. payment
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
- Full bathrooms: 4
Heating
- central
Cooling
- Central
Features
- Flooring: Tile
- Has fireplace: No
Interior area
- Total interior livable area: 3,994 sqft
Property
Parking
- Parking features: None
Features
- Exterior features: Stone, Wood, Brick
- On waterfront: Yes
Lot
- Size: 1.46 Acres
Details
- Parcel number: 7848700006
Construction
Type & style
- Home type: SingleFamily
Materials
- masonry
- Roof: Other
Condition
- Year built: 1950
Community & HOA
Location
- Region: Longboat Key
Financial & listing details
- Price per square foot: $1,762/sqft
- Tax assessed value: $4,922,835
- Annual tax amount: $75,090
Price history
| Date | Event | Price |
|---|---|---|
| 6/4/2024 | Sold | $7,038,000+92.8%$1,762/sqft |
Source: Public Record Report a problem | ||
| 5/29/2019 | Sold | $3,650,000-2.7%$914/sqft |
Source: Stellar MLS #A4431631 Report a problem | ||
| 5/15/2019 | Pending sale | $3,750,000$939/sqft |
Source: Michael Saunders & Company - Licensed Real Estate Broker #A4431631 Report a problem | ||
| 3/3/2019 | Price change | $3,750,000-3.7%$939/sqft |
Source: Michael Saunders & Company - Licensed Real Estate Broker #A4431631 Report a problem | ||
| 1/21/2019 | Listed for sale | $3,895,000+87.7%$975/sqft |
Source: Michael Saunders & Company - Licensed Real Estate Broker #A4431631 Report a problem | ||
| 4/19/2012 | Sold | $2,075,000$520/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $75,090 +4% | $4,922,835 +14.6% |
| 2024 | $72,229 +8% | $4,295,184 +10% |
| 2023 | $66,910 +16.8% | $3,904,713 +10% |
| 2022 | $57,284 +1.2% | $3,549,739 +10% |
| 2021 | $56,602 +13.5% | $3,227,035 +10% |
| 2020 | $49,848 -0.4% | $2,933,668 -1.3% |
| 2019 | $50,063 | $2,973,003 +10% |
| 2018 | $50,063 +8.2% | $2,703,387 -0.2% |
| 2017 | $46,284 +10.8% | $2,707,726 +10.2% |
| 2016 | $41,772 | $2,457,601 +0.7% |
| 2015 | $41,772 | $2,440,568 +0.7% |
| 2014 | $41,772 +15.8% | $2,423,528 +12.1% |
| 2013 | $36,079 +3607846% | $2,162,208 +0.8% |
| 2012 | $1 | $2,144,585 +5% |
| 2011 | $1 | $2,042,677 -9.1% |
| 2010 | -- | $2,247,234 -5% |
| 2009 | $40,009 -23.6% | $2,365,017 -25.2% |
| 2008 | $52,370 -5.2% | $3,162,337 -4.2% |
| 2007 | $55,253 +1.1% | $3,300,301 +12.1% |
| 2005 | $54,651 +79.7% | $2,944,657 +96.1% |
| 2002 | $30,408 +69.3% | $1,501,654 +72.9% |
| 2000 | $17,964 | $868,598 |
Find assessor info on the county website
Neighborhood: 34228
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Nearby schools
GreatSchools rating
- 9/10Anna Maria Elementary SchoolGrades: PK-5Distance: 6.2 mi
- 2/10Bayshore High SchoolGrades: 8-12Distance: 4.9 mi
- 4/10Martha B. King Middle SchoolGrades: 6-8Distance: 6 mi
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Estimated market value
$6,143,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$6,143,200
- Florida
- Manatee County
- Longboat Key
- 34228
- 6051 Gulf Of Mexico Dr