5050 Gulf Of Mexico Dr
Longboat Key, FL 34228

• Overview
• Property Details
• Market Conditions

This spectacularly situated mid key estate size lot of just under one acre has 117' of sea walled bay front with a particularly deep expanse of 300'plus from the road to the bay, offering a considerable area to build your dream home and amenities. The purchase of this marvelous property comes with deeded beach access just across the street. There is an existing irrigation well on the property. The home currently on the property is of no value because it has not been occupied nor had utilities available to it for several years. The estate lot is located conveniently to enjoy easy access to the many wonderful restaurants, boutiques and amenities of Longboat Key and is nearly midway between the north and south Longboat bridges. The unique location on the island allows residents of this estate to choose to head north to the charming island of Anna Maria and its array of specialty boutiques and dining, or south to the renowned St. Armand's Circle and on to Sarasota. The setbacks to build are: 20' from the road, 20' from the seawawll and the sideyard setbacks are a minimum of 10'. The sellers will entertain all reasonable offers.

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Days on market: 468	Taxes: $27,314
	Schools County: Manatee
Lot Features Site improvements: Existing Bldg(s) incidental to land valu Zoning: R1SF Lease: N	Water Waterfront: Bay/Harbor Water view: Bay/Harbor - Full Water access: Bay/Harbor

Real Estate Market Conditions for zip code 34228

Market conditions: 34228 from $1M to $2M as of 5/1/2012

Choose price range options for this zip code: $0 $50K $100K $150K $200K $250K $300K $350K $400K $450K $500K $600K $700K $800K $900K $1M $2M $3M $4M $5M $6M $7M $8M $10M $15M $20M No Limit $0 $50K $100K $150K $200K $250K $300K $350K $400K $450K $500K $600K $700K $800K $900K $1M $2M $3M $4M $5M $6M $7M $8M $10M $15M $20M No Limit

	Apr 2011	Mar 2012	Apr 2012
# of properties on market	77	75	73
Median Sale Price	$1,118,000	$1,075,000	$1,265,000
# of homes sold	8	4	9
Average days on market	218	186	101

This data is updated daily. Some properties appearing for sale on this web site may subsequently have sold and may no longer be available. The data relating to real estate for sale on this web site comes in part from the IDX program of The Florida Association of REALTORS®, Sarasota Association of REALTORS®, Gulf Coast Regional MLS, Venice Area Board of REALTORS®, Englewood Area Board of REALTORS®, Punta Gorda, Port Charlotte, North Port Association of REALTORS®. Real estate listings held by brokerage firms other than Michael Saunders & Company® are marked with the Broker Reciprocity logo, IDX. All information contained herein is deemed reliable but not guaranteed. The information provided is for consumer, non-commercial use only and my not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The Michael Saunders & Company® web site is copyright © 2001-2012. No part of this web site may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of Michael Saunders & Company®, The Florida Association of Realtors, or the MLS Board of origin.