tomo logo

$5,900,000

Beds
5
Baths
4.5
sq ft
3,247

6429 Gulfside Rd, Longboat Key, FL 34228

6429 Gulfside Rd

LONGBOAT KEY, FL 34228

  • 9 days on market
Pre-Construction. To be built. Nestled on the pristine shores of Longboat Key along the Gulf of Mexico, this exceptional property offers a rare opportunity to own a piece of paradise. Spanning nearly 0.75 acres, the lot provides a prime location for building your dream beachfront retreat. While the previous structure sustained damage from Hurricane Milton, the owners have opted not to rebuild, presenting a blank canvas for new owners with a vision. A notable asset to this property is its beachfront pool, which has been grandfathered in—a unique feature that offers significant value for future development. The pool provides a stunning vantage point overlooking the Gulf, offering a perfect spot to unwind, soak up the sun, and enjoy endless sunsets. With direct beach access, this lot offers an unparalleled setting for enjoying the natural beauty and tranquility of Longboat Key. This expansive parcel provides both privacy and potential, with ample space for a custom-built home designed to maximize breathtaking Gulf views. Whether you’re looking to create a luxurious getaway or an investment property, this beachfront land is a rare and valuable find in a coveted location. The home got damaged by Hurricanne Helen and Milton - It is a tear down. The lot was level and clear of all storms debris ready to be built your dream home.

Details

Property type

Single Family Residence

Est. home value

$6,288,979

Lot size

0.79 acres

Price per sq ft

$1,818

Year built

1971

Annual property taxes

$66,031

HOA

No

Price History

11/13/2024
StellarMLS

StellarMLS #A4628767

Listed
$5,900,000
+145.83%
07/30/2009
StellarMLS

StellarMLS #A377243

Sold
$2,400,000
-17.24%
09/30/2005
StellarMLS

StellarMLS #A268317

Sold
$2,900,000

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

Northern Trust Na

Loan start date

July 2009

Original loan amount

$1,200,000

Est. remaining balance

Not provided

Interest rate

4.75%

Loan type

New Conventional, 30 year

Seller

Robert R Berman and Jayne G Berman

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?

Similar Homes Nearby

Price drop
StellarMLS
$5,145,000
5 bd
|
4.5 ba
|
3,710 sq ft
|
House

750 Penfield St, Longboat Key, FL 34228

StellarMLS
$5,950,000
4 bd
|
4.5 ba
|
3,554 sq ft
|
House

519 Rountree Dr, Longboat Key, FL 34228

Price drop
StellarMLS
$5,100,000
4 bd
|
4.5 ba
|
3,358 sq ft
|
House

5005 Gulf of Mexico Dr Unit 5, Longboat Key, FL 34228

Status: Active

Tomo last checked: 11/22/2024 at 10:15 AM

Listing updated: 11/14/2024 at 6:51 AM

Listed by: Daniel Matusiak, ACTION REALTY OF SARASOTA LLC Phone #: (941) 504-7618

MLS: StellarMLS #A4628767

StellarMLS logo