$9,750,000

3351 Gulf of Mexico Dr Longboat Key, FL 34228

Estimated payment $56,545/month

Total Views 2,332
0.22 Acre
$44,318,182 Price per Acre
9,752 Sq Ft Lot

Highlights

  • 165 Feet of Ocean or Gulf Waterfront
  • Water access To Gulf or Ocean
  • No HOA
  • Southside Elementary School Rated A
  • Full Gulf or Ocean Views

About This Lot

An extraordinary opportunity to own an expansive 165 feet of pristine beachfront on the coveted shores of Longboat Key, totaling .66 acres. This exceptionally rare offering includes 3351 Gulf of Mexico Drive (TB8353273) and 3341 Gulf of Mexico Drive (TB8352591), two unique properties that can be kept separate or combined.

Imagine indulging in spectacular sunsets that set the perfect backdrop for an unparalleled beachfront lifestyle. This prime property, currently home to two residences, offers an ideal redevelopment opportunity to create a luxurious, dream coastal retreat that maximizes the potential of this premier location, with unobstructed views and access to the Gulf.

Perfectly positioned just moments from the world-class shopping and dining of St. Armands Circle, the exclusive amenities of Longboat Key Club, and the arts and culture of downtown Sarasota. Plus, with Sarasota-Bradenton International Airport nearby, effortless travel is always within reach.

Seize this rare chance to invest in a piece of Florida’s most sought-after coastline and experience the epitome of beachfront luxury.

Listing Agent

Heather Cameron

COMPASS FLORIDA LLC Brokerage Phone: (305) 851-2820 License #3468764 Listed on: 03/20/2025

COMPASS FLORIDA LLC

Co-Listing Agent

Rich Polese

COMPASS FLORIDA LLC Brokerage Phone: (305) 851-2820 License #3386761

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $32,361

Lot Details

  • 9,752 Sq Ft Lot
  • Lot Dimensions are 55x155
  • 165 Feet of Ocean or Gulf Waterfront
  • 2 Lots in the community
  • Additional Parcels
  • Property is zoned R3MX

Additional Features

  • Full Gulf or Ocean Views
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 10 / 4
  • Assessor Parcel Number 0003150006

Community Details

Overview

  • No Home Owners Association
  • Longboat Shores Community
  • Longboat Shores Rev Subdivision

Recreation

  • Water access To Gulf or Ocean

Property Details

Property Type

Land

Est. Annual Taxes

$32,361

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.22
  • Lot Size Sq Ft: 9752
  • Number Of Lots: 2
  • Directions to Property: From St Armand's Circle, go North on John Ringling Parkway to Longboat Key. Head North on Gulf of Mexico Drive to 3351 Gulf of Mexico Drive. From the North end of Longboat Key, go South on Gulf of Mexico Drive to 3351 Gulf of Mexico Drive. Properties are on the Gulf side of the road.
  • Status: Active
  • Co List Office Mls Id: MFR274501900
  • Co List Office Phone: 305-851-2820
  • Ownership: Fee Simple
  • Escrow State: FL
  • List Office Head Office Key Nume: 169647934
  • RATIO Current Price By Calculate: 999.79
  • Total Acreage: 1/2 to less than 1
  • Water Access YN: 1
  • Attribution Contact: (305) 851-2820
  • Tax Year: 2024
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 3351

Exterior Features

  • View: Water
  • Water Body Name: GULF OF MEXICO
  • Waterfront: Yes
  • Road Surface Type: Asphalt
  • Water Access: Gulf/Ocean
  • Water Extras YN: 0
  • Water View: Gulf/Ocean - Full
  • Water View YN: 1
  • Waterfront Feet Total: 165
  • Price Per Acre: 44318182
  • Water Frontage Feet Gulf Ocean: 165

Utilities

  • Utilities: Cable Connected, Electricity Available, Public, Sewer Connected, Water Connected
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: R3MX
  • Parcel Number: 0003150006
  • Additional Parcels Description: 0003150005
  • Additional Parcels: Yes
  • Current Use: Residential
  • Lot Dimensions: 55x155
  • Flood Zone Code: VE
  • Lot Size Square Meters: 906

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 32360.61
  • Tax Block: 4
  • Tax Book Number: 3-49
  • Tax Lot: 10

Multi Family

  • Waterfront Features: Gulf/Ocean

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $31,306 $2,197,082 -- --
2023 $31,306 $2,675,700 $2,623,900 $51,800
2022 $32,083 $2,942,600 $2,893,100 $49,500
2021 $23,976 $1,650,700 $1,612,400 $38,300
2020 $19,121 $1,282,900 $1,243,000 $39,900
2019 $18,703 $1,287,200 $1,247,500 $39,700
2018 $19,241 $1,314,900 $1,265,700 $49,200
2017 $20,626 $1,315,465 $0 $0
2016 $20,148 $1,463,100 $1,440,800 $22,300
2015 $19,570 $1,421,300 $1,377,400 $43,900
2014 $18,127 $898,480 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2025 03/20/25 For Sale $9,750,000 0.0% --
02/21/2025 02/21/25 For Sale $9,750,000 -- $7,641 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Attorney
Quit Claim Deed $2,000 --
Source: Public Records

Source: Stellar MLS

MLS Number: TB8353358

Stellar MLS

APN: 0003-15-0006