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5050 Gulf Of Mexico Drive, Longboat Key, FL 34228

$7,400,000 Sale Pending

  • For Sale
  • Pending
  • Single Family
  • 5 Beds
  • 5 Full Baths
  • 2 Partial Baths
  • 7,250 Sq. Ft.
5050 Gulf Of Mexico Drive, Longboat Key, FL 34228View this property at 5050 Gulf Of Mexico Drive, Longboat Key, FL 34228
5050 Gulf Of Mexico DriveLongboat KeyFL34228

Property Description & Video

5050 Gulf Of Mexico Drive, Longboat Key, FLVideo Tour of 5050 Gulf Of Mexico Drive, Longboat Key, FL.
Welcome to Acqua Vita 'Water of Life', where design and function flow in concert with the beauty of Longboat Key and Sarasota Bay. This magnificent, soon-to-be-built estate is the masterful collaboration of the award-winning firms of Perrone Construction, Clifford M. Scholz Architects, and in association with Rowntree Enterprises. This unique residence with enormous Bay views toward downtown and the Ringling Bridge offers 11,151 square feet of luxury living area with elevator access to the impressive upper level master suite with private balcony and vestibule, morning bar, bonus and exercise room which could serve as a sixth bedroom. Five/Six bedrooms with five en-suite and separate guest quarters combine with a circular 'great room' to
create a rarely found island sanctuary. The Florida lifestyle highlights easy movement from inside to outdoor living and Acqua Vita will feature upper and lower terraces, creatively designed free-form pool and spa, and multiple outdoor 'conversation' areas, including fire pit and gazebo. Lush, artistically designed landscaping by Artistree to provide an oasis of privacy for the most discriminating buyer. This property has water frontage and open bay views on two sides as well as deeded beach access to the pristine sands of Longboat Key. Occupancy is scheduled for Fall 2016.

Full Property Detailsfor 5050 Gulf Of Mexico Drive

General

  • Price: $7,400,000
  • Taxes: $56,961 (2017)
  • Status: Pending
  • Type: Single Family
  • MLS ID: A4104843
  • Updated: 4/9/2018
  • Added: 1, 300 day(s) ago

Property History

  • 5050 Gulf Of Mexico Drive, Longboat Key, FL
  • Reduced to $7,400,000 on 3/14/18
  • Reduced to $7,900,000 on 11/16/17
  • Listed at $8,400,000 on 10/2/14

Interior

  • Number of Rooms: 11
  • Rooms/Areas: Bonus Room, Breezeway, Den/Library/Office, Formal Dining Room Separate, Foyer, Great Room, Inside Utility
  • Interior Features: Built in Features, Crown Molding, Eating Space In Kitchen, Elevator, High Ceiling(s), Open Floorplan, Solid Wood Cabinets, Split Bedroom, Stone Counters, Walk-In Closet(s)
  • Fireplace: Yes
  • Fireplace(s): Free Standing, Gas, Other Room
  • Appliances: Bar Fridge, Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Washer, Wine Refrigerator
  • Flooring: Carpet, Quarry Tile

Rooms

Bathrooms

  • Total Bathrooms: 7
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Master Bathroom: Master Bathroom

Bedrooms

  • Total Bedrooms: 5
  • Master Bedroom: Master Bedroom, 25 x 17, Second
  • Bedroom 2: Bedroom 2, 14 x 12, First
  • Bedroom 3: Bedroom 3, 13 x 13, First
  • Bedroom 4: Bedroom 4, 13 x 13, First
  • Bedroom 5: Bedroom 5, 15 x 13, First

Other Rooms

  • Great Room: Great Room, 24 x 24, First
  • Kitchen: Kitchen, 18 x 15, First
  • Dining Room: Dining Room, 18 x 13, First
  • Den: Yes
  • Laundry: Corridor Access
  • Lanai: 26 x 23

Additional Information

  • Pool: Yes
  • Private Pool: Yes
  • Spa: Yes

Exterior

  • Exterior Features: Balcony, French Doors, Lighting, Outdoor Kitchen
  • Deck/Patio: Covered, Deck, Patio, Porch

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 4
  • Parking Features: Driveway, Garage Door Opener

Location

  • Area: 34228 - Longboat Key
  • County: Manatee
  • Township: 35
  • Subdivision: LONGBOAT KEY
  • Driving Directions: Head North from St. Armand's Circle on Gulf of Mexico Drive. Estate will be on the right, the bay side of the street.
  • Direction Faces: West

School Information

  • Elementary School: Anna Maria Elementary
  • Middle School: W.D. Sugg Middle
  • High School: Bayshore High

Community

  • Community Name: Longboat Key
  • Home Owners Assn.: None
  • Pets Allowed: Yes

Heating & Cooling

  • Cooling Type: Central Air, Zoned
  • Heating Type: Central, Electric

Utilities

  • Utility Description: Electricity Connected, Private

Structural Information

  • Architectural Info: Custom
  • Construction Status: New Construction
  • Approx Compl Date: 2016-11-01T00:00:00.000
  • Exterior Const.: Block, Stucco
  • Roof: Tile
  • Square Feet: 7,250
  • Sq. Ft. Source: Builder
  • Year Built: 2016

Additional Structures

  • Other Structures: Outdoor Kitchen

Lot Features

  • Property View: Water
  • Lot Size (Acres): 0.95
  • Lot Size (Sq. Ft.): 41,492
  • Lot Features: FloodZone, In City Limits, Level; 1/2 Acre to 1 Acre
  • Zoning: R1SF
  • Lot Description: Mature Landscaping, Trees/Landscaped

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Access: Yes
  • Water Access Desc: Bay/Harbor, Beach - Access Deeded, Gulf/Ocean to Bay, Intracoastal Waterway
  • Water Extras: Yes
  • Water Front Name: SARASOTA BAY

Financial Considerations

  • Assoc Fee Desc.: None
  • Tax Amount: $56,961
  • Tax Year: 2017
  • Terms: Cash, Conventional

Disclosures and Reports

  • Special Conditions: None
  • Floor Plans: Yes
  • Legal Description: SEE ATTACHED LONG LEGAL
  • Flood Zone Info: AE
  • APN: 7999800001
  • Property ID: 7999800001
  • Plat: 7-16
  • Range: 16
  • Lot: 45

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— 5050 Gulf Of Mexico Drive —

Schools

Schoolsserving 5050 Gulf Of Mexico Drive

School District:Manatee County Public Schools
School Name
Grades
Distance
Anna Maria Elementary School
4700 Gulf Dr, Holmes Beach, FL 34217
PK-5
7.6 mi
King Middle School
600 75th St Nw, Bradenton, FL 34209
6-8
6.9 mi
Bayshore High School
5401 34th St W, Bradenton, FL 34207
9-12
4.4 mi
Disclaimer: School data provided by Pitney Bowes. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.

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Community Info

Community Infofor 5050 Gulf Of Mexico Drive

5050 Gulf Of Mexico Drive, Longboat Key, FL 34228 (MLS# A4104843) is a Single Family property with 5 bedrooms, 5 full bathrooms and 2 partial bathrooms. 5050 Gulf Of Mexico Drive is currently listed for $7,400,000 and was received on October 01, 2014. This property is listed by Lynne Koy from our Longboat Key Office.Want to learn more about 5050 Gulf Of Mexico Drive? Do you have questions about finding other Single Family real estate for sale in Longboat Key? You can browse all Longboat Key real estate or contact a Coldwell Banker agent to request more information.