$3,749,000 3515 Gulf Of Mexico Drive Longboat Key, FL

MLS: A4150139   Type: Land   County: Sarasota   City: Longboat Key   Neighborhood: Longboat Shores   Zip: 34228   Style: Residential     Taxes: $60,433

Mortgage $17,601 /mo



Half Baths

Sqr Footage









Magnificent and rare direct Gulf front parcel spanning 425' of beautiful sandy beach and captivating views of azure blue water from the Gulf of Mexico. This 1.42 acre lot is a fabulous real estate offering on the highly sought after southern portion of Longboat Key and is just a short drive to Longboat Key Club and their many amenities, golf, tennis and fitness center. Downtown Sarasota is just a quick hop over the Ringling Bridge or Anna Maria is a short and beautiful waterfront drive to the North. The property has a town approved variance for a gulf front set back of 87' and not the required 150' setback, a building footprint of 180' wide and 60' deep and the the approval to build up to an air-conditioned space of 11,200sf. This is a chance of a lifetime to own your own piece of beachfront paradise as there are very few opportunities to build your own residence on a vacant Gulf front parcel. List price is below recent Don Saba & Associates appraisal.

Elementary School

Middle School

High School

Southside Elementary
Distance: 7.98 Miles
Booker Middle
Distance: 6.85 Miles
Booker High
Distance: 5.99 Miles

Price History

9/27/2017 Listed $3,995,000
12/4/2017 3% - $3,895,000
3/19/2018 4% - $3,749,000

Current Use Single Family
For Lease Y/N No
MLS Area 34228 - Longboat Key
Property SubType Residential
Property Type Land
Subdiv Community Name Longboat Shores
Township 36
Utilities Sewer Available, Water Available
Zoning R3MX
Zoning Compatible Yn Yes

Interior Features

Pets Allowed Y/N Yes

Exterior Features

Front Footage 425
Lot Dimensions irregular
Lot Features In City Limits
Lot Size Acres 1.42
Lot Size Square Feet 61883
Road Frontage Type City Street, State Road
View Water
Water Access Type Beach - Public, Gulf/Ocean
Water Access Y/N Yes
Water Body Name GULF OF MEXICO
Water Extras Yn No
Water Frontage Feet Gulf Ocean 425
Water View Gulf/Ocean - Full
Water View Yn Yes
Waterfront Features Gulf/Ocean
Waterfront Feet Total 425
Waterfront Y/N 1

Property Schools

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Gallery (24 photos)

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Property vs Zip Code Avg (34228)

Price 3.74M Avg 844K

Taxes $60,433 Avg $7,297

Acres 1.42 Avg 0.6

Visits 145 Avg 126

Days on Site 812 Avg 465

Walkscore® 16 Avg 23

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Listing Provided Courtesy Of: Michael Saunders & Company

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Location & Address

Coldwell Banker - Joe Murphy Team
8334 Market Street
Lakewood Ranch, FL