$3,475,000 3515 Gulf Of Mexico Drive Longboat Key, FL

MLS: A4418364   Type: Land   County: Sarasota   City: Longboat Key   Neighborhood: Longboat Shores   Zip: 34228   Style: Residential     Taxes: $48,099

Mortgage $16,315 /mo



Half Baths

Sqr Footage









Magnificent and rare direct Gulf front parcel spanning 425' of beautiful sandy beach and captivating views of azure blue water from the Gulf of Mexico. This 1.42 acre lot is a fabulous real estate offering on the highly sought after southern portion of Longboat Key and is just a short drive to Longboat Key Club and their many amenities, golf, tennis and fitness center. Downtown Sarasota is just a quick hop over the Ringling Bridge or Anna Maria is a short and beautiful waterfront drive to the North. The property has a town approved variance for a gulf front set back of 87' and not the required 150' setback, a building footprint of 180' wide and 60' deep and the the approval to build up to an air-conditioned space of 11,200sf. This is a chance of a lifetime to own your own piece of beachfront paradise as there are very few opportunities to build your own residence on a vacant Gulf front parcel. List price is below recent Don Saba & Associates appraisal.

Elementary School

Middle School

High School

Southside Elementary
Distance: 7.98 Miles
Booker Middle
Distance: 6.85 Miles
Booker High
Distance: 5.99 Miles

Price History

11/6/2018 Listed $3,625,000
1/24/2019 5% - $3,475,000

Elementary School Southside Elementary
For Lease Y/N No
High School Booker High
MLS Area 34228 - Longboat Key
Middle/Junior School Booker Middle
Pets Allowed Yes
Property SubType Residential
Property Type Land
Subdiv Community Name Longboat Shores
Subdivision Name LONGBOAT SHORES
Terms Cash, Conventional
Township 36
Zoning R3MX
Zoning Compatible Yn Yes

Interior Features

Utilities Public, Sewer Available, Water Available

Exterior Features

Front Footage 425
Lot Dimensions irregular
Lot Features In City Limits
Lot Size Acres 1.42
Lot Size Square Feet 61883
Road Frontage Type City Street, State Road
Sewer None
Vegetation Mature Landscaping
Water Access Type Beach - Public, Gulf/Ocean
Water Access Y/N Yes
Water Body Name GULF OF MEXICO
Water Extras Yn No
Water Frontage Feet Gulf Ocean 425
Water View Gulf/Ocean - Full
Water View Y/N Yes
Waterfront Features Gulf/Ocean
Waterfront Feet Total 425
Waterfront Y/N Yes

Property Schools

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Gallery (25 photos)

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Property vs Zip Code Avg (34228)

Price 3.47M Avg 858K

Taxes $48,099 Avg $8,896

Acres 1.42 Avg 0.43

Visits 11 Avg 96

Days on Site 290 Avg 361

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Listing Provided Courtesy Of: MICHAEL SAUNDERS & COMPANY

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Location & Address

shaista mughal
6735 Conroy Windermere Rd. Suite 209,
Dr. Phillips, FL