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.
Financial Considerations
Price:
$6,900,000
HOA Fee:
N/A
Tax Amount:
$50833.19
Price per SqFt:
$160.85
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