Sell Your Home
Get a free home valuation
Contact
Tell us about your needs

5005 GULF OF MEXICO DRIVE UNIT 7

Lots/Land Recently Sold
$950,000

BTC: 11.42650950

ETH: 358.49056604

Sold on: 2021-04-12
530 days
0 room(s)

Overview

Great opportunity to purchase a buildable lot west of gulf on Longboat key. This over 10,000 sqft lot is located in a Gulfside Community with a private beach access, and is close to Downtown Sarasota and St Armands Circle. An over 3,000 SqFt home with a pool can be built on this lot. It is located on a narrow part of Longboat key which will allow for both views of the Gulf and Intracoastal waterway.

Location

Details

Type:
Land
Parking:
No Data
Year Built:
No Data
Lot:
0.24 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
$1,715

Valuation

Our model vs. what's actually selling nearby.
Estimate
$369,350
$115K – $1.1M
Confidence Low
List vs. estimate
$680K above estimate
List $1,050,000 · +184.3%
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
$11,506
2020
HOA
$1,715/qtr
Pets
Allowed
All facts and features
  • Lot

    • Lot: 0.24 Acres

    Other Property Information

    • Parcel Number: 8009200409

    • Zoning: R3MX

  • Type and style

    • Property Type: Land

  • Utility

    • BB/HS Internet Available

    • Cable Available

    • Electricity Available

  • Other financial information

    • HOA: $1,715

    • HOA Frequency: Quarterly

    • Annual tax amount: $11,506

  • Source details

    • MLS ID: A4448898

    Other facts

    • Water Source: Public

    • Lot Size Dimensions: 112 x 116

    • Subdivision Name: BONAIRE AT LONGBOAT KEY OR2507/5440

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
$1,100,000
Condo/Co-op
3 bds · 3 ba · 2,143 sqft
GRAND BAY 1, LONGBOAT KEY
3060 GRAND BAY BOULEVARD UNIT 185
Recently Sold
$1,300,000
House
3 bds · 3 ba · 2,644 sqft
CONRAD BEACH SUB, LONGBOAT KEY
343 FIREHOUSE LANE
Recently Sold
$950,000
House
3 bds · 3 ba · 3,438 sqft
COREYS LANDING, LONGBOAT KEY
3575 MISTLETOE LANE
Recently Sold
$700,000
Lots/Land
0.55 acres
COQUINA BEACH, LONGBOAT KEY
2944 GULF OF MEXICO DRIVE
Recently Sold
$900,000
House
3 bds · 4 ba · 2,860 sqft
EMERALD HARBOR, LONGBOAT KEY
651 EMERALD HARBOR DRIVE
Recently Sold
$1,175,000
House
3 bds · 3 ba · 3,385 sqft
QUEENS HARBOUR, LONGBOAT KEY
3598 FAIR OAKS LANE
Recently Sold
$820,000
House
3 bds · 3 ba · 2,639 sqft
BAY ISLES, LONGBOAT KEY
3221 BAYOU WAY
Recently Sold
$879,000
House
3 bds · 3 ba · 3,190 sqft
BAY ISLES, LONGBOAT KEY
3440 BAYOU COURT

Market around this address

Live counts in the same area.
View all

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: DEVELOPERS REALTY INC