For more information on this property, contact Gina Ursini at 479-220-7701 or gina@bristarealty.com

3970 Gulf Of Mexico Drive
Longboat Key, Florida FL 34228-2602
Sold For: $3,600,000
Listing ID A4533244
Status Closed
Sold Date 2/09/2023
SqFt 20,234
Acres 0.460
Subdivision Longboat Key Estates

Property Description:

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.

Primary Features

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

External

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

Location

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

Financial

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

Zoning Info


Listed by: Keller Williams Classic Group 941-900-4151.

Listing information ©My Florida Regional MLS DBA Stellar MLS 2024. 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. Properties displayed may be listed or sold by various participants in the MLS. Data last updated on Thursday, March 28th, 2024 at 07:48:06 PM.

Contact - Listing ID A4533244

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Gina Ursini

1656 Main Street,
Sarasota,, FL 34236
Phone: 479-220-7701

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