6051 GULF OF MEXICO DRIVE, LONGBOAT KEY, FL 34228
$3,950,000
Lots and Land Taxes: $41,282.00 Type: Single Family Use Listed on 10/07/2014 MLS # A4106146

Description of 6051 GULF OF MEXICO DRIVE, LONGBOAT KEY, FL 34228

Offering 1.4 pristine acres and 110 feet on the aquamarine Gulf of Mexico, this is a magnificent opportunity for development on Longboat Key. Reminiscent of old Florida, the four beachfront rental cottages on the site present rental income while allowing space for a new residence to be constructed. Endless possibilities are presented to the innovative buyer with a vision to develop a dream Florida property positioned to experience glorious sunsets over the sparkling Gulf. This property is set just a short drive to the renowned shopping, dining and cultural attractions of St Armands Circle, as well as the opera, ballet, theatres and artistic attractions of downtown Sarasota. No sign on property.

Directions to 6051 GULF OF MEXICO DRIVE, LONGBOAT KEY, FL 34228

Gulf of Mexico Drive to 6051.

Features of 6051 GULF OF MEXICO DRIVE, LONGBOAT KEY, FL 34228

Lot

  • Body of water: GULF OF MEXICO
  • Frontage: 110
  • Lot acreage is: 1.46
  • Lot dimension is: 110.0X580.0
  • Lot has ocean view
  • Lot has water view
  • Lot number: 1
  • Lot zoned: R1SF
  • Oversized lot
  • Subdivision: SLEEPY LAGOON 2
  • Waterfrontage: 110

Utilities

  • City water

Other

  • Pets allowed
  • Tax year: 2016

Mortgage Payments for 6051 GULF OF MEXICO DRIVE, LONGBOAT KEY, FL 34228

The approximate monthly Principal & Interest payment for this property would be $20,310. This payment is based on a 30-year loan at a fixed rate of 3.95 % with a down payment of $395,000. Actual lender interest rates and loan programs may vary.

Use our Mortgage Payment Calculator to determine a more exact payment estimate.