5451 GULF OF MEXICO DRIVE, LONGBOAT KEY, FL, 34228
Active21 days on marketListed Oct 18, 2026MLS #A4709692
About this home
5451 GULF OF MEXICO DRIVE
An Extraordinary Gulf-Front Homesite on North Longboat Key. Imagine dolphins dancing in the turquoise waters as the sun sets in a magnificent display of color. Sit with your feet in the cool sand and toast another perfect day. Welcome to an exceptional opportunity to create your dream beachfront estate on exclusive Longboat Key. Spanning a full acre with 100 feet of Gulf frontage, this remarkable homesite offers a rare canvas for a custom coastal residence in one of Sarasota’s most coveted locations. With your own private beach of powder-soft sands, the property invites you to design a sanctuary where breathtaking sunsets, endless Gulf views, and the soothing rhythm of the waves become part of everyday life. Envision a stunning architectural masterpiece with expansive terraces, a resort-style pool, lush landscaping, and elegant indoor-outdoor living spaces designed to embrace the spectacular coastline. You can build your vision from the ground up. Located near the north end of Longboat Key, this one-acre setting blends natural tropical beauty with easy access to the island’s best experiences. Waterfront dining and championship golf and tennis are just a short drive away. Explore Joan M. Durante Park for scenic boating, kayaking, and strolling along pristine Sarasota Bay. Anna Maria Island offers charming island character, while St. Armands Circle and downtown Sarasota provide upscale shopping, acclaimed restaurants, and an outstanding cultural scene. Longboat Key is celebrated for its tranquil atmosphere and unparalleled coastal surroundings. Here, mornings begin with peaceful beach walks and afternoons unfold beneath the Florida sun. As evening descends, nature takes center stage as the lingering hues of the setting sun give way to a brilliant, star-studded sky, transforming the heavens into a dazzling tapestry of wonder and serenity. A rare opportunity to build a one-of-a-kind estate in an exquisite beachfront setting, tailored to your personality, style, and specifications. Your dream home. Your own stretch of paradise. The timeless splendor of the Gulf.
Facts & features
The home at a glance
6
Bedrooms
6
Bathrooms
6,390
Sqft
0.98 ac
Lot size
1968
Year built
One
Levels
$1,049
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$49,041 /mo · 10% down Conventional, 30-yr fixed at 7.5%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$49,041/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Can I afford this home? → See what you can comfortably afford from your income, debts and savings.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs LONGBOAT KEY
$1,049 vs $711
Days on market
21 vs 85 typical
Where $1,049/sqft sits among the 10 homes for sale in LONGBOAT KEY
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Longboat Key
Get to know Longboat Key. See the full Longboat Key guide →
LONGBOAT KEY 34228 — neighborhood snapshot
Population
7,539
Median age
71.2
Median income
$158,030
Median home value
$1,022,100
Avg household
1.79
Households w/ children
37%
For the school run
Sarasota County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Longboat Key market
$980K → $1.0M
Longboat Key median sold, yr/yr
93.5%
Sale-to-list ratio (12 mo)
6 of 10
LONGBOAT KEY have cut their price
Median sold price, Longboat Key, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 1036% above the LONGBOAT KEY 34228 median. See the full Longboat Key market guide →
Paper trail
This home's history
Reality check
What actually sold near 5451 GULF OF MEXICO DRIVE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Aug ’26$9,975,000
6001 GULF OF MEXICO DRIVE · same community
5 bd · 6 ba · 6,959 sqft · $1,433/sqft · 252 DOM
Sold · Feb ’26$9,500,000
5919 GULF OF MEXICO DRIVE · same community
5 bd · 6 ba · 5,596 sqft · $1,698/sqft · 438 DOM
Sold · Apr ’26$14,000,000
5581 GULF OF MEXICO DRIVE · same community
10 bd · 16.5 ba · 8,529 sqft · $1,641/sqft · 0 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Colleen Brown
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 5451 GULF OF MEXICO DRIVE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 5451 GULF OF MEXICO DRIVE — before you fall in love.
See it in person
Schedule a tour
Live availability from Colleen's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
5451 GULF OF MEXICO DRIVE FAQs
What would the monthly payment be for 5451 GULF OF MEXICO DRIVE?+
With 10% down on a 30-year Conventional loan at 7.5%, the all-in payment lands around $49,041/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 5451 GULF OF MEXICO DRIVE?+
The most recent tax bill on record (2025) was $50,471. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 5451 GULF OF MEXICO DRIVE?+
The listing reports pets: Cats OK, Dogs OK. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Longboat Key?+
At $6,700,000, this home is listed about 632% above the Longboat Key median of $915,000. The market section on this page shows how the area is trending.
Which schools are assigned to 5451 GULF OF MEXICO DRIVE?+
Booker High School (high), Booker Middle School (middle), Southside Elementary School (elementary) — Sarasota County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Positioned at the premium end
$6,700,000 runs 1036% above the LONGBOAT KEY 34228 median — but at 6,390 sqft it's also nearly 4 times the size of the typical Longboat Key listing.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Strong assigned schools
Booker High School, Booker Middle School, Southside Elementary School — Southside Elementary School rates 5 of 5. Always verify assignments with the district.
Keep looking
Similar homes nearby
Listing courtesy of DEVELOPERS REALTY LBK, INC · Reid Murphy. MLS #A4709692.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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