$15,500,000
  • 11 beds
  • 9 baths
  • 8529 sqft
  • 2.02 acres
  • 1952 year built

Sought after slice of beachfront paradise on the exclusive island of Longboat Key. Rarely available 2 acre property with 200 feet of beach frontage on the Gulf of America. Currently it hosts a quaint inn featuring ten suites and one cottage, all had been renovated with timeless old Florida decor. The property is surrounded by tropical blooms , lush foliage, vine covered arbors, swaying palm trees, a private gazebo, and a heated swimming pool. Amazing opportunity for a new development, or alternatively a chance to easily bring the property back to its recent glory. The property has been approved to build two single family homes or a six unit luxury Condominium. This fantastic location is near the growing number of top restaurants and attractions . Walk to Harry's Euphemia Haye, Lazy Lobster, new local favorite Lo' Key or stroll over to the bay at Durante Park. All this is just a short drive to the renowned shopping, dining and cultural attractions of St Armands Circle, as wells Downtown Sarasota and Anna Maria Island. So many possibilities for this location, location , location !

 



5581 GULF OF MEXICO DRIVE

Inquire about this home

Berkshire Hathaway HomeServices
Florida Realty

3192 Fruitville Rd, Sarasota, FL 34237


Explore: Longboat Key


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Listing Broker: DEVELOPERS REALTY LBK, INC
Last Changed: Tuesday 25th of February 2025 07:24:09 PM

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