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$7,150,000

Beds
5
Baths
5.0
sq ft
4,272

5910 Gulf of Mexico Dr, Longboat Key, FL 34228

5910 Gulf of Mexico Dr

LONGBOAT KEY, FL 34228

  • 4 days on market
Live the boater’s dream on exclusive North Longboat Key. This spectacular, newly built, coastal contemporary waterfront home provides easy access to the tranquil Intercoastal Waterway, sparkling Sarasota Bay and majestic Gulf of Mexico. Located on a three-quarter acre lot with 133 feet of frontage on a 125-foot-wide canal, this 4,210-SF home features an open floorplan with light-color finishes, quartz hard surfaces and wood-look tile flooring. The large kitchen includes a Sub-Zero glass door refrigerator and Thermador appliances. There is an additional full outdoor kitchen with a gas grill, vent hood and U-Line refrigeration. A spacious first-floor office/den overlooks the waterway. There are 5 ample en-suite bedrooms, 2 half-baths. Relax in the second-floor master suite Jacuzzi tub or take the spiral staircase up to the third-floor observation deck to relish the serene views. The large, heated pool includes a Jacuzzi with a sun shelf for year-round enjoyment. During the cooler months, enjoy a relaxing evening in the great room in front of the fireplace or outdoors near a mesmerizing fire pit. Additional luxury amenities include a 60-foot composite deck with a 10x10 sitting area, fish station, water spigots on dock, bumpers, cleats and underwater lights. Water safety features include a new 133-foot seawall raised 13 and vinyl panel fronts on the 125-foot-wide canal. Make use of the two boat lifts – one 20,000-lb. and one 15,000-lb. and an additional Jet Ski spinner lift to delight in a fun-filled day on the water. This stunning home is ideally located near St. Armands Circle, pristine beaches, fine dining and specialty boutique shops. With professionally landscaped grounds, electric drive security gate and easy access to the bay, this luxurious property is perfect for discerning devotees of the boating lifestyle. This property, along with the beachfront property across the street can be sold together.

Details

Property type

Single Family Residence

Est. home value

$6,099,026

Lot size

0.71 acres

Price per sq ft

$1,674

Year built

2023

Annual property taxes

$74,166

HOA

No

Price History

11/08/2024
StellarMLS

StellarMLS #A4627997

Listed
$7,150,000
+23.28%
08/18/2023
StellarMLS

StellarMLS #A4559091

Sold
$5,800,000
+346.15%
10/13/2020
StellarMLS

StellarMLS #A4450538

Sold
$1,300,000

Schools & Community

Elementary school: 

Anna Maria Elementary

Middle school: 

W.D. Sugg Middle

High school: 

Bayshore High

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

Prescient Capital Lending Llc

Loan start date

April 2023

Original loan amount

$3,420,000

Est. remaining balance

Not provided

Interest rate

6.73%

Loan type

Commercial, 0 year

Seller

Clare Marie Fox and James Warren Fox

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?

Status: Active

Tomo last checked: 11/12/2024 at 2:35 PM

Listing updated: 11/10/2024 at 1:27 PM

Listed by: Steve Walter, MICHAEL SAUNDERS & COMPANY Phone #: (941) 383-7591

MLS: StellarMLS #A4627997

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