logo
Properties
Explore our listings
Buy
Listings for sale
Rent
Listings for rent
Explore
Neighborhoods, buildings & trends
Neighborhoods
Check neighborhoods information
Buildings
Check buildings information
Pre-Construction
New developments on sale
Market Trends
Monthly market data & analysis
Resources
Blog, tools & guides
Blog
Articles & guides
Tax Calculator
Compare tax savings
Property Tax Calculator
Estimate your annual tax
Sell Your Home
Get a free home valuation
Contact
Tell us about your needs
Language
Change website language
English
Русский
Español
中文(简体)
Sign In
Sign in or register

3515 GULF OF MEXICO DRIVE

Lots/Land Recently Sold
$3,300,000

BTC: 51.56250000

ETH: 1,890.03436426

Sold on: 2020-07-01
1 days
Waterfront
0 room(s)

Overview

Magnificent and rare direct Gulf front parcel spanning 425' of beautiful sandy beach and captivating views of azure blue water from the Gulf of Mexico. This 1.42 acre lot is a fabulous real estate offering on the highly sought after southern portion of Longboat Key and is just a short drive to Longboat Key Club and their many amenities, golf, tennis and fitness center. Downtown Sarasota is just a quick hop over the Ringling Bridge or Anna Maria is a short and beautiful waterfront drive to the North. The property has a town approved variance for a gulf front set back of 87' and not the required 150' setback, a building footprint of 180' wide and 60' deep and the the approval to build up to an air-conditioned space of 11,200sf. This is a chance of a lifetime to own your own piece of beachfront paradise as there are very few opportunities to build your own residence on a vacant Gulf front parcel. List price is below recent Don Saba & Associates appraisal.

Location

Florida • LONGBOAT KEY • 34228 • Lots/Land • Recently Sold • Waterfront

Details

Type:
Land
Parking:
No Data
Year Built:
No Data
Lot:
1.42 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$2,499,950
$319K – $6.9M
Confidence Low
List vs. estimate
$1.1M above estimate
List $3,625,000 · +45.0%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
8 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$49,016
2019
Waterfront
Gulf/Ocean
Pets
Allowed
All facts and features

  • Lot

    • Lot: 1.42 Acres

    Other Property Information

    • Parcel Number: 00031000003

    • Zoning: R3MX

  • Type and style

    • Property Type: Land

  • Utility

    • Public

    • Sewer Available

    • Water Available

  • Other financial information

    • Annual tax amount: $49,016

  • Source details

    • MLS ID: A4471159

    Other facts

    • Lot Features: City Lot

    • Direction Faces: West

    • Waterfront: Yes

    • Water Body Name: GULF OF MEXICO

    • Water Source: None

    • Lot Size Dimensions: irregular

    • Subdivision Name: LONGBOAT SHORES

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

More like this

Recently Sold
$4,000,000
Lots/Land
0.35 acres
COUNTRY CLUB SHORES, LONGBOAT KEY
Recently Sold
$4,100,000
Condo/Co-op
3 bds · 3 ba · 3,122 sqft
POSITANO, LONGBOAT KEY
4955 GULF OF MEXICO DRIVE UNIT 101
Recently Sold
$3,000,000
Lots/Land
2.93 acres
LONGBOAT KEY, LONGBOAT KEY
5630 GULF OF MEXICO DRIVE
Recently Sold
$3,000,000
3 bds · 3 ba · 3,400 sqft
WATER CLUB 01 AT LONGBOAT KEY, LONGBOAT KEY
1241 GULF OF MEXICO DRIVE UNIT 801
Recently Sold
$3,875,000
Condo/Co-op
3 bds · 3 ba · 3,344 sqft
POSITANO, LONGBOAT KEY
4965 GULF OF MEXICO DRIVE UNIT 202
Recently Sold
$2,657,000
Condo/Co-op
3 bds · 3 ba · 3,139 sqft
REGENT PLACE PH 2, LONGBOAT KEY
675 LONGBOAT CLUB ROAD UNIT 24B
Recently Sold
$3,500,000
House
4 bds · 4 ba · 4,115 sqft
BONAIRE AT LONGBOAT KEY, LONGBOAT KEY
5005 GULF OF MEXICO DRIVE UNIT 8
Recently Sold
$3,350,000
Condo/Co-op
3 bds · 3 ba · 2,612 sqft
PROMENADE, LONGBOAT KEY
1211 GULF OF MEXICO DRIVE UNIT 1003

Market around this address

Live counts in the same area.
View all
This zip
34228
416
median $1.0M
Active
Same city
LONGBOAT KEY
416
median $1.0M
Active
Same type
Lots/Land
39
median $1.3M
Active
Similar price
$2.5M – $4.7M
50
median $3.2M
Active

The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: MICHAEL SAUNDERS & COMPANY