Residential Property - Single Family Residence in Longboat Key
Listing Price: $15,500,000
Description of Property
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 !
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Longboat Key
County: Manatee
Subdivision: Longboat Key
Bedrooms: 11
Bathrooms: 9
Half Baths: 2
Sq. Ft. Gross: 8,529
Sq. Ft. Living Area: 8,529
Cost per (heated) sqare foot: $1,817
Year built: 1952
Annual Tax: $80,316
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
Appliances: Disposal
Flooring: Porcelain Tile
Pool & Waterfront Info
Private Pool: Yes
Pool Features: In Ground
Water Front: Yes
Water Frontage: Beach
Water Access: Yes
Water Access Type: Beach - Access Deeded
Exterior & Construction
Construction: HardiPlank Type
Foundation: Slab
Roof: Metal
Exterior Features: French Doors
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Central
Electric:
Patio & Porch Features:
Security Features:
Other Structures:
View:
Fencing:
Sewer: Private Sewer
Water Source: Public
Lot Information
Lot Size (acres): 2.02
Lot Size (sq. ft.): 88,200 square feet
Lot Dimensions: 200 x 441
Front Exposure: West
Additional Parcels: Yes
Additional Parcels Description: 79846.0000/2
Legal Description & Other Information
Financing Available: Cash
Parcel Number: 7983900059
Zoning: R3MX
Tax Legal Desc.: ALL OF LOTS 11 & 12, LYING WLY OF JOHN RINGLING PKWY (100 FT WIDE, NOW KNOWN AS GULF OF MEXICO DR) OF A SUB ON LONGBOAT KEY, INSERT "TOGETHER WITH GRANTOR'S RIGHT, TITLE & INTEREST IN & TO LAND LYING BETWEEN THE WLY BDRY OF THE ABOVE DESC PROPERTY & THE MEAN HIGH WATER LN OF WATERS OF THE GULF OF MEXICO." (2152/4722) PI#79839.0005/9
Section: 25
Range: 16E
Listing courtesy of DEVELOPERS REALTY LBK, INC. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.