Listing Details for MLS # A4486427
5005 Gulf Of Mexico Dr #1, Longboat Key, Fl 34228

Residential Property - Single Family Residence in Longboat Key

SOLD for $7,130,000 on February 1, 2021

Listing Price: $7,495,000Sold Price: $7,130,000Sold Price/List Price: 95%Days on Market: 33

Description of Property

A beautiful paved private driveway leads you to this beachfront gem overlooking the Gulf of Mexico and gorgeous sandy Longboat Key beach. The home was completed in June 2017 and is the perfect mix of casual elegance that optimizes causal indoor/outdoor living with all the amenities. The open floor plan captures the amazing views from every vantage point through walls of glass and sliding glass doors that open to the outdoor seating area on two levels. The free form pool features a natural rock wall, sun shelf and adjoining 10 person hot tub. For dining and outdoor entertaining there is a Memphis wood pellet grill and smoker, an under counter outdoor refrigerator and ice maker plus a sink and counter bar. A private pathway leads from the pool to the beach. The interior floors are engineered walnut hardwood floors and premium ceramic tile. There is an elevator from the garage to all levels. The secluded master suite captures breathtaking beach views and sliding doors open to the terrace plus there is ample closet space and the master bath features dual vanities, tub and a large walk-in shower. Three en-suite bedrooms are also on the first living level with the fifth suite on the second level adjacent to a sitting area/game room that opens to an expansive deck. The kitchen is light and open with a bar for causal dining and an adjoining dining area with glass windows encompassing the views of beach and Gulf. There is a three car garage plus an additional one car garage with professionally installed storage and organization. A three hole putting green is in the front yard plus there is Wynn turf in all grass areas. A Sonos speaker systems is installed throughout the home plus surrounds the pool area. This is Florida resort living at its very best!

Property Details At A Glance

Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Longboat Key
County: Manatee
Subdivision: Bonaire At Longboat Key / Bonaire Bayou
Bedrooms: 5
Bathrooms: 5
Half Baths: 2
Sq. Ft. Living Area: 6,380
Cost per (heated) sqare foot: $1,175
Year built: 2017
Annual Tax: $55,436
Homestead: No. This property does not currently have homestead exemption.
HOA Fee: $1,900 Quarterly
Association Fee Requirement: Required
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.

Association Fee Includes:

  • Electricity

Interior Features:

  • Ceiling Fans(s)
  • Elevator
  • High Ceiling(s)


  • Dishwasher
  • Disposal
  • Dryer
  • Electric Water Heater
  • Ice Maker
  • Microwave
  • Range
  • Range Hood
  • Refrigerator
  • Tankless Water Heater

Fireplace: No

Flooring: Engineered Hardwood

Pool & Waterfront Info

Private Pool: Yes
Pool Features: Heated, In Ground
Spa Features: Heated, In Ground
Water Front: Yes
Water Frontage: Beach - Private
Water Access: Yes
Water Access Type: Beach - Access Deeded, Beach - Private
Waterfront Feet: 90
Water View: Yes
Water View: Gulf/Ocean - Full

Exterior & Construction

Property Features: Elevated
Architectural Style: Custom, Elevated
Rooms: 9
Construction: Block, Other
Foundation: Slab, Stilt/On Piling
Roof: Metal

Exterior Features:
  • Balcony
  • Fenced
  • Lighting
  • Outdoor Grill
  • Outdoor Kitchen
  • Outdoor Shower

Garage: Yes
Garage Spaces: 4
Parking Features: Driveway
Floors Total: 3
Floors in Unit: Three Or More
Cooling: Central Air
Heating & Fuel: Central, Electric

Utilities: Cable Connected, Electricity Connected
Sewer: Public Sewer
Water Source: Public
Community Features: Golf Carts OK
Association Amenities: Cable, Elevators

Lot Information

Flood Zone Code: Ve
Acreage Description: 1/2 to less than 1
Lot Size (acres): 0.52
Lot Size (sq. ft.): 22,499 square feet
Lot Dimensions: 90x250
Front Exposure: West

Legal Description & Other Information

Financing Available: Cash, Conventional
Pets Allowed/Pet Policies: Yes
Zoning: R3MX
Tax Legal Desc.: UNIT 1 BONAIRE AT LONGBOAT KEY PI#80092.0010/9
Parcel Number: 8009200109
Section: 36
Range: 16E
Township: 35S


Listing courtesy of DEVELOPERS REALTY 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.

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