- REAL Exclusive Magazine - https://getrealexclusive.com -

Multimillion Dollar Property Sells Sight Unseen

5881-Gulf-of-Mexico-Drive-A3970518_17a [1]Longboat Key Home Sells For $2.9 Million.

A home on the north end of Longboat Key sold yesterday for $2.9 million. Built in 1970, the beachfront property at 5881 Gulf of Mexico Drive was listed for $3.25 million and is well known to residents of Longboat Key as the identical twin of the home depicted on an iconic poster of the Key painted by local artist John Dineen. Erected by the same builder, this property had two wings added in 1980.

Set on nearly 1.5 secluded acres, this vintage Gulf-front property is nestled among other similarly-sized estate parcels; and has been painstakingly maintained and preserved for decades. Listed in late 2012, this was the first time the property had been on the market since it was built in 1970 and enlarged in 1980. It was bound to contract after only 131 days.

Listed by Richard Perlman, of the Longboat Key South office of Michael Saunders & Company, the property attracted multiple offers before being sold to an international buyer from the Czech Republic—who purchased it sight unseen.

The buyer was represented by Ivo Travnicek, an agent with Regency Realty Solutions of Boca Raton, FL.

5881-Gulf-of-Mexico-Drive-A3970518_17a [1]

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