$7,400,000 5050 Gulf Of Mexico Drive Longboat Key, FL

MLS: A4104843   Type: Pending   County: Manatee   City: Longboat Key   Neighborhood: Longboat Key   Zip: 34228   Style: Custom   # Rooms: 11    Stories: 2   Taxes: $56,961

Mortgage $34,742 /mo

Beds

Baths

Half Baths

Sqr Footage

Acres

Built

5

5

2

7,250

0.95

2016

MAJOR PRICE REDUCTION!!! Brand new construction! "Acqua Vita - Water of Life", where design and function flow in concert with the beauty of Longboat Key and Sarasota Bay. This magnificent estate is the masterful collaboration of the award-winning firms of Perrone Construction and Clifford M. Scholz Architects. This unique residence with enormous Bay views toward downtown and the Ringling Bridge offers 11,151 square feet of luxury living area with elevator access to the impressive upper level master suite with private balcony and vestibule, morning bar, bonus and exercise room which could serve as a sixth bedroom. Five en-suite bedrooms and separate guest quarters combine with a circular 'great room' to create a rarely found island sanctuary. The Florida lifestyle highlights easy movement from inside to outdoor living and Acqua Vita will feature upper and lower terraces, creatively designed free-form pool and spa, and multiple outdoor 'conversation' areas, including fire pit and gazebo. Lush, artistically designed landscaping by Artistree to provide an oasis of privacy for the most discriminating buyer. This property has water frontage and open bay views on two sides as well as deeded beach access to the pristine sands of Longboat Key.

Elementary School

Middle School

High School

Anna Maria Elementary
Distance: 7.66 Miles
W.d. Sugg Middle
Distance: 4.85 Miles
Bayshore High
Distance: 4.42 Miles

Price History

10/2/2014 Listed $8,400,000
11/16/2017 6% - $7,900,000
3/14/2018 7% - $7,400,000

Garage Y/N 1
Homestead No
Levels Two
MLS Area 34228 - Longboat Key
Property SubType Single Family Residence
Property Type Residential
Senior Community Y/N 0
Township 35
Utilities Electricity Connected, Private
Zoning R1SF
Zoning Compatible Yn Yes

Interior Features

Additional Rooms Bonus Room, Breezeway, Den/Library/Office, Formal Dining Room Separate, Foyer, Great Room, Inside Utility
Appliances Bar Fridge, Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Washer, Wine Refrigerator
Cooling Central Air, Zoned
Fireplace Features Free Standing, Gas, Other Room
Fireplace Y/N 1
Flooring Carpet, Quarry Tile
Heating Central, Electric
Interior Features Built in Features, Crown Molding, Eating Space In Kitchen, Elevator, High Ceiling(s), Open Floorplan, Solid Wood Cabinets, Split Bedroom, Stone Counters, Walk-In Closet(s)
Laundry Features Corridor Access
Pets Allowed Y/N Yes

Exterior Features

Architectural Style Custom
Attached Garage 1
Building Area Total 11511.00
Construction Materials Block, Stucco
Exterior Features Balcony, French Doors, Lighting, Outdoor Kitchen
Foundation Stem Wall
Garage Spaces 4
Lot Features FloodZone, In City Limits, Level
Lot Size Acres 0.95
Lot Size Square Feet 41492
Other Structures Outdoor Kitchen
Parking Features Driveway, Garage Door Opener
Patio/Porch Features Covered, Deck, Patio, Porch
Private Pool Y/N 1
Roof Tile
Spa 1
Vegetation Mature Landscaping, Trees/Landscaped
View Water
Water Access Type Bay/Harbor, Beach - Access Deeded, Gulf/Ocean to Bay, Intracoastal Waterway
Water Access Y/N Yes
Water Body Name SARASOTA BAY
Water Extras Seawall - Concrete
Water Extras Yn Yes
Water Frontage Feet Bay Harbor 115
Water View Bay/Harbor - Full, Intracoastal Waterway
Water View Yn Yes
Waterfront Features Bay/Harbor
Waterfront Feet Total 115
Waterfront Y/N 1

Property Schools



Direct Link:

http://www.manateemoves.com/property/24-A4104843-5050-Gulf-Of-Mexico-Drive-Longboat-Key-FL-34228

Gallery (25 photos)

Ask Your Agent a Question

Property vs Zip Code Avg (34228)

Price 7.40M Avg 1.02M

Sqr Feet 7,250 Avg 1,831

Cost / Sqr Ft $1,021 Avg $560

Taxes $56,961 Avg $10,675

Acres 0.95 Avg 0.24

Visits 7,700 Avg 180

Days on Site 1,300 Avg 220

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Listing Provided Courtesy Of: Coldwell Banker Res R E




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Location & Address

Coldwell Banker - Joe Murphy Team
8334 Market Street
Lakewood Ranch, FL
941-960-7186
941-739-6670