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Gelfand Realty Miami Properties for Sale - Other Land for Sale

5451 GULF OF MEXICO, LONGBOAT KEY, FL 34228

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Other Land - LONGBOAT KEY for Sale

5451 GULF OF MEXICO, LONGBOAT KEY, FL 34228

Asking Price$6,900,000

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  • Days on market:

    15 day(s)
  • Original Price:

    $6,900,000
  • Tax Legal Description:

    THAT PART OF TRACT 21 EXTENDING FM GULF OF MEXICO DR TO GULF OF MEXICO INCL RIP RTS A SUB ON LONGBOAT KEY PI#79911.0000/4
  • Tax Year:

    2024
  • Property Type:

    Land
  • Waterfront:

    Yes
  • Waterfront Description:

    Gulf/Ocean
  • View:

    Water
  • Special Listing Conditions:

    None

Description

$6,900,000 • waterfront access

Rare almost one acre direct gulf front lot on the beach on the beautiful island of longboat key. new gulf front homes on this key typically start at $16 million plus. there is currently an existing single level motel on the property which would need to be removed. expected use of property is for a luxury single family home. property also allows 1 or 2 additional family structures. nice if you want a family compound. property could also have 3 condo units on it. property has 100 feet of gulf beach frontage on a 10 mile beach. this beach is never crowded. the island is beautiful with many large single family homes and condos. property location is walking distance to 7 nice restaurants. the owners live on site.

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