Listing IDA4533244
Sold For$3,600,000
StatusClosed
Sold Date2/09/2023
SqFt
20,234
Acres
0.460
CountySarasota
SubdivisionLongboat Key Estates
Property TypeLots and Land
There is a clear hierarchy when it comes to waterfront real estate in Southwest Florida, and the most valued and scarce land resource is the gulf-front property.
3970 Gulf of Mexico Drive is one of the only buildable lots currently available on Longboat Key with direct Gulf views. Ideally situated mid-key, this 20k SF blank canvas parcel is ready for your architect to design an ocean-view masterpiece, taking full advantage of the 127’ of width to offer panoramic Gulf views from nearly every room. Prefer not to wait to have plans drawn up from scratch? Mark Sultana of DSDG, one of Sarasota’s most in-demand architects, has designed a 5,600 SF modern floorplan that could be submitted for permitting almost immediately, saving you 6-9 months in the design process (plans available for separate purchase).
With road access available internally in the Longboat Key Estates community, there is no need to enter and exit the property directly on Gulf of Mexico Drive. Further, with thoughtful placement of a privacy wall along Gulf of Mexico Drive, the road will nearly disappear from sight within the new home, leaving nothing but sea air and sand between your vantage point and the turquoise Gulf waters and breathtaking sunsets beyond. Longboat Key Estates owns the land directly seaward of the property, which affords residents a gated private beach access and a gazebo on the beach. There is also a community dock on the bay side of the neighborhood, and Bayfront Park is right next door with tennis, pickleball, basketball, dog park, and much more to offer.
This package of optimal location, enchanting views, and build-ready convenience does not present itself often. Inquire for more details, including a property survey and builder/architect recommendations.
County
Sarasota
Price Before Reduction
4450000
Price Reduction Date
2022-10-20T19:56:28+00:00
Property Type
Lots and Land
Subdivision
Longboat Key Estates
Zoning
R4SF
Additional Water Information
Across the street from the Gulf of Mexico, View is west, south-west. HOA community Beach House and Fishing Dock on the bay.
Front Footage
127
Lot Features
Buildable, Cleared, CoastalConstruction Control Line
Lot Size Dimensions
127x148x144x149
Lot Size Square Meters
1880
Road Responsibility
Public Maintained Road
Road Surface Type
Asphalt
Sewer
Public Sewer
Total Acreage
1/4 to less than 1/2
Utilities
Electricity Available, Sewer Available, Water Available
Water Access
yes
Water Access Type
Beach
Water Extras
yes
Water Extras Type
Dock - Slip 1st Come, Fishing Pier
Water Source
Public
Water View
yes
Water View Type
Gulf/Ocean - Full
Waterfront
no
Association
yes
Association Amenities
Dock
Association Name
Longboat Key Estates Club Assn./David E. Novak
Community Development District
no
Community Features
Fishing, Water Access, Waterfront
Country
US
Direction Faces
Southwest
Elementary School
Southside Elementary
Flood Zone Code
AE
High School
Booker High
Middle Or Junior School
Booker Middle
MLS Area Major
34228 - Longboat Key
Subdivision Number
948
SW Subdivision Community Name
Longboat Key Estates
Township
36S
Water Body Name
GULF OF MEXICO
Association Fee
1000
Association Fee Frequency
Annually
Association Fee Requirement
Required
Current Price
3600000.00
Disclosures
HOA/PUD/Condo Disclosure
For Lease
no
Listing Terms
Cash, Conventional
Monthly HOA Amount
83.33
Ownership
Fee Simple
Price Per Acre
7826087
Ratio Current Price By Calculate
177.92
Special Listing Conditions
None
Tax Annual Amount
7642.33
Tax Block
A
Tax Book Number
5-98
Tax Lot
4
Tax Year
2021
Total Annual Fees
1000.00
Total Monthly Fees
83.33
Listing information ©My Florida Regional MLS DBA Stellar MLS 2023. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale. Availability of any listing should always be independently verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may violate relevant federal and state law. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Data last updated on Monday, March 27th, 2023 at 04:38:06 PM.
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