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A rare opportunity to create your dream coastal estate on one of Longboat Key’s most coveted beachfront addresses. This . 73-acre Gulf-front lot offers 100 feet of pristine shoreline along the turquoise waters of the Gulf of Mexico. The former residence and garage have been professionally demolished, leaving a clean slate for your architectural vision — whether a contemporary masterpiece or timeless island retreat.
Set amid multi-million-dollar estates on a peaceful, low-traffic stretch of Gulfside Road, this expansive property provides direct beach access and panoramic sunset views that stretch endlessly across the horizon. With ample depth for a grand residence, pool, and outdoor living spaces, it presents the perfect canvas for those seeking privacy, exclusivity, and the ultimate waterfront lifestyle.
Conveniently located just minutes from St. Armands Circle, the Longboat Key Club, and downtown Sarasota, this is one of the last remaining buildable Gulf-front parcels of its size. A truly rare find for discerning buyers and developers alike — your Gulf-front legacy begins here. Owner is open to terms of owner financing—a rare chance to own one of the island’s last premier Gulf-front parcels!
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$4,995,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $3,996,000 | $3,996,000 | $3,996,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.289% | 6.235% | 6.058% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $23,638 | $24,280 | $33,451 |
| Total Monthly Payment | $23,763 | $24,405 | $33,576 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.