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$1,995,000

Beds
4
Baths
2.0
sq ft
2,103

5830 Gulf of Mexico Dr, Longboat Key, FL 34228

5830 Gulf of Mexico Dr

LONGBOAT KEY, FL 34228

  • 8 days on market
Coveted lifestyle and location on one of the widest deep water canals on Longboat Key with direct access to Sarasota Bay and inter- coastal waterway with no bridges! Great opportunity to remodel this 3 bedroom home on a great corner lot or build your special new home with a fantastic dock and location to the beach. Special feature of this home is an inviting heated pool and large backyard area for family and friends to enjoy some of Florida's wildlife birds dolphins and manatees. The comfortable main sitting area looks out over the pool and wide canal. Deeded beach access is directly across the street to the beautiful beach and warm Gulf waters on the shores of Longboat Key.

Details

Property type

Single Family Residence

Est. home value

$1,738,551

Property condition

Fixer

Lot size

0.36 acres

Price per sq ft

$949

Year built

1962

Annual property taxes

$14,738.56

HOA

No

Price History

01/14/2025
StellarMLS

StellarMLS #A4635870

Listed
$1,995,000
+185.41%
06/18/2018
StellarMLS

StellarMLS #A4215608

Sold
$699,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Landmark Bk Fl

Loan start date

December 2003

Original loan amount

$5,000,000

Est. remaining balance

Not provided

Interest rate

6.05%

Loan type

Not Provided

Seller

Reliance Silversands L L C

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 01/22/2025 at 5:50 AM

Listing updated: 01/15/2025 at 6:55 AM

Listed by: Reid Murphy, DEVELOPERS REALTY LBK, INC Phone #: (941) 799-9096

MLS: StellarMLS #A4635870

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