5861 Gulf Of Mexico DRIVE, Longboat Key, FL, 34228 | $22,900,000

Welcome to 5861 Gulf of Mexico Drive, a contemporary home that exudes Zen-like calm in a tropical jungle garden located on over an acre beachfront estate on Longboat Key. This masterpiece of tropical modernism spans a stunning 1. 1 acres with 100 feet of direct Gulf frontage, offering privacy, breathtaking views, and a sophisticated lifestyle experience. Seclusion and privacy begin with an eight ft solid concrete and Brazilian hardwood entry gate. Upon entering, you are welcomed down a path that leads you past two free standing accessory buildings that allow for multiple creative uses. The ground floor includes garage space for five vehicles, elevator lobby, social outdoor poolside areas, and storage. Continuing to the main structure, you are greeted by custom design to blend clean, modern lines with a warm, natural ambiance throughout the entire home. The home features custom finishes, including modern wide plank white oak wood flooring and a sleek natural silver travertine stone exterior for lasting beauty and resilience.  The main living floor captures over 70 ft of glass showing off the Gulf views from every angle. The open concept plan provides gracious culinary space and a Chef’s kitchen. Featuring a 60” Wolfe gas range with double ovens, subzero fridge, freezer and wine storage. Two dishwashers, 5 ft gallery sink , expansive dark oak cabinets, open shelving and the large travertine dekton island for gathering and entertaining. Enjoy the meticulous hand crafted wine cellar for all your favorite wines. Glass sliders allow these zones to interface seamlessly with the adjacent outdoor deck areas. Comprised of four main components, the home is creatively connected to allow for a resort-style guest experience: main living, attached guest house with two suites with exterior entrances, attached bedroom wing with two bedrooms with ensuite baths, and owners top level. The floorplan incorporates natural light, communal gathering areas, private moments, and easy connections to the ever-present ocean views and sea breezes. The guests quarters are accommodated in four bedrooms with ensuite baths located off the main living areas. Connected by an exterior breezeway, the two guest bedroom suites are located under a separate roof for boutique hotel-style rooms and each include their own breakfast kitchen.  The other two-bedroom suites are part of the main home and connected by a glass hallway.  This wing has multiple sitting and TV areas for private lounge space for when needing a break from the main living. The upstairs is a true sanctuary—the entire level is dedicated to the primary suite, complete with a cozy seating area, coffee station creating the ultimate retreat with panoramic Gulf views. Enjoy the spa-like outdoor soaking tub and outdoor fire pit for an ambiance you just can not beat. Designed for both relaxation and activity, this estate includes a 75ft lap pool, lush landscaping, over 2, 500 sqft of pool with integrated spa and panoramic Gulf views. Step out onto the 17x75 foot balcony equipped with a built-in grill, ideal for entertaining while taking in the expansive coastal scenery. Every inch has been crafted to foster both elegance and functionality, making it more than just a home—it’s a lifestyle.   Step right outside onto the gorgeous white sandy beaches and sunsets every night.   To truly experience firsthand the way this property can make you feel, where every moment feels like a vacation, schedule your private showing today.

Features

  • Rooms: 3
  • Bedrooms: 5
  • Baths: 6 full / 1 half
  • Laundry: Laundry Room
  • Style: Custom
  • Year Built: 2023
  • Garage: 8-car
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 10,400
  • Acreage: 1.13
  • Est. Taxes: $59,292
  • View: Water
  • Pool: Heated, Lap, Lighting
  • Appliances: Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer, Wine Refrigerator
  • MLS#: A4627895
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /eprop/A4627895/5861gulfofmexicodrive_longboatkey_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is 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. (last updated 11/23/2024 5:47:06 AM)
Listing courtesy of SATO REAL ESTATE INC.   Phone: 941-778-7200

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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5861 Gulf Of Mexico DRIVE, Longboat Key, FL, 34228

$22,900,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $18,320,000 $18,320,000 $18,320,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.625% 6.625% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.282% 6.762% 6.036%
Monthly Tax Payment $4,941 $4,941 $4,941
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $117,305 $117,305 $160,848
Total Monthly Payment $122,371 $122,371 $165,914

* 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.