Experience the pinnacle of coastal luxury at this magnificent 4 bedroom beachfront residence on Longboat Key. Nestled along the pristine shores of the Gulf of Mexico, this remarkable home offers the perfect blend of contemporary style, relaxation, and elegance. With breathtaking views of the Gulf, every evening becomes a masterpiece as you watch the sun slowly dip below the horizon from the comfort of your private oasis. Immerse yourself in the heated beachfront pool or soak in the hot tub, letting the soothing sounds of the waves envelop you. This residence boasts a spacious 4-car garage, providing ample space for your vehicles and watercraft, ensuring you're always ready for a day of adventure on the water. Inside, the open and airy living spaces are thoughtfully designed with an emphasis on maximizing views and creating a warm, inviting atmosphere. The gourmet kitchen, adorned with top-of-the-line appliances and a spacious island, invites culinary creativity, whether you're whipping up a romantic dinner for two or hosting a grand celebration. With five beautifully appointed bedrooms, there's ample room for family and friends to share in this coastal paradise. The master suite is a sanctuary of comfort and style, featuring its own private balcony for you to savor the colors of the sunset and the gentle ocean breeze. The ensuite bathroom offers a spa-like experience, complete with a luxurious soaking tub. But the real magic lies just beyond your doorstep. Step onto the sugar-white sands of Longboat Key, where you can take long walks along the beach, collecting seashells and creating memories. The beach is your backyard, inviting you to swim, sunbathe, or simply enjoy the tranquil sounds of the sea. Longboat Key offers a unique blend of natural beauty and cultural delights, from exploring nearby parks and wildlife preserves to savoring world-class cuisine at local restaurants. Whether you're a nature enthusiast, an art lover, or a gourmet connoisseur, this location offers something for everyone. This 5-bedroom beachfront haven on Longboat Key isn't just a home; it's an invitation to a life of luxury, where every day is filled with breathtaking sunsets, beachside strolls, and romantic moments. Discover the ultimate coastal lifestyle and create unforgettable memories in this exquisite retreat." Bedroom Closet Type: Walk-in Closet (Primary Bedroom).
Property Details
Property Features
Property Information:
Architectural Style: Custom
Year Built: 1998
Stories: 2
Living Area: 4,820 SqFt
Listing Office:
Office Name: RE/MAX ALLIANCE GROUP
Office Phone: (941) 954-5454
Listing Agent: Tom Cail, PA
Interior Features
Interior Information:
Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range Hood, Refrigerator, Washer
Flooring Type: Ceramic Tile, Hardwood, Marble
Interior: Built-in Features, Cathedral Ceiling(s), Eat-in Kitchen, Elevator, High Ceilings, Kitchen/Family Room Combo, Primary Bedroom Main Floor, Solid Wood Cabinets, Split Bedroom, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
This property is $9.2M more than the Median Sold Price and $1.4K/SqFt more than other homes in Longboat Key, FL.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MFRMLS
MLS Number: #A4595511
Listing Office:
Office Name: RE/MAX ALLIANCE GROUP
Office Phone: (941) 954-5454
Listing Agent: Tom Cail, PA
Listings courtesy of Stellar MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.
Last updated on: 5/2/2024, 2:19:40 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Jan 13, 2006
Jan 13, 2006Home Sold
$3,600,000
Sep 09, 2004
Sep 09, 2004Home Sold
$6,850,000
Jan 17, 1997
Jan 17, 1997Home Sold
$600,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$67,950
$3,954,870
2018
$52,988
$3,633,935
2017
$52,988
$3,346,363
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$51.9K
Per Month
Principal & Interest
$51.9K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$31.2K
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
8
/10
Anna Maria Elementary School
4700 Gulf Dr
Distance between this listing and this school5.06 miles
Public District Grades KG-5
Middle School
3
/10
Martha B. King Middle School
600 75th St NW
Distance between this listing and this school5.71 miles
Public District Grades 6-8
High School
2
/10
Bayshore High School
5401 34th St W
Distance between this listing and this school5.68 miles
Public District Grades 9-12
Assigned Schools
8
/10
Anna Maria Elementary School
4700 Gulf Dr
Distance between this listing and this school5.06 miles
Public District Grades KG-5
Nearby Schools
4
/10
Sea Breeze Elementary School
3601 71st St W
Distance between this listing and this school4.19 miles
Public District Grades PK-5
4
/10
H. S. Moody Elementary School
5425 38th Ave W
Distance between this listing and this school4.78 miles
Public District Grades KG-5
Assigned Schools
3
/10
Martha B. King Middle School
600 75th St NW
Distance between this listing and this school5.71 miles
Public District Grades 6-8
Nearby Schools
3
/10
W. D. Snugg Middle School
3801 59th St W
Distance between this listing and this school4.78 miles
Public District Grades 6-8
2
/10
Electa Lee Middle School
4000 53rd Ave W
Distance between this listing and this school5.21 miles
Public Magnet Grades 6-8
Assigned Schools
2
/10
Bayshore High School
5401 34th St W
Distance between this listing and this school5.68 miles
Public District Grades 9-12
Nearby Schools
8
/10
State College of Florida Collegiate School
5840 26th St W
Distance between this listing and this school5.98 miles
Public Charter Grades 6-12
4
/10
Manatee High School
1 Hurricane Ln
Distance between this listing and this school6.82 miles
The neighbors living near this home have an average income of $86,702. The majority of Longboat Key, FL residents have income between $35k-100k annually. Most families are married, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 6877 Gulf Of Mexico Dr
What is the listing price of this property?
The listing price of 6877 Gulf Of Mexico Dr property is $10,400,000.
What type of property is this?
The property 6877 Gulf Of Mexico Dr is a house located in Longboat Key, Florida, 34228.
Is this property for sale now?
Active Listing: 6877 Gulf Of Mexico Dr is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 6877 Gulf Of Mexico Dr are: Anna Maria Elementary School: GreatSchools Rating 8/10Martha B. King Middle School: GreatSchools Rating 3/10Bayshore High School: GreatSchools Rating 2/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $67,950 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on January 13, 2006 for $3,600,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 6877 Gulf Of Mexico Dr has 5 bedrooms and 4 full and 1 half bathrooms.
What is the square footage of this property?
The property 6877 Gulf Of Mexico Dr is 4,820 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 6877 Gulf Of Mexico Dr is 1998.
Interested in 6877 Gulf Of Mexico Dr? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 6877 Gulf Of Mexico Dr in Longboat Key, FL and zip code 34228. This 4,820 square foot home, which was built in 1998, sits on a 0.74 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since January 13, 2024 and is currently priced at $10,400,000.
In April 2024 more than 3 listings in Longboat Key, FL were sold above the asking price. During the same period more than 12 listings were sold at asking price, while more than 43 were sold below. The inventory of homes for sale in Longboat Key, FL between March 2024 and April 2024 decreased by 4.5%. In April 2024 median list price was $1,173,750 and the average listing age was 59 days.
From Rocket Homes Real Estate and based on county public records data.