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Longboat Key Estate Sells For $5.75 Million

2735-LBK

Longboat Key Records Highest Sale Of The Year.

In the highest sale of a Longboat Key property to date this year, a beachfront estate on the Key sold for $5.75 million. The luxury property, located at 2735 Gulf of Mexico Drive on Longboat Key, was sold by Michael Moulton of Michael Saunders & Company.  It was listed by Roger Pettingell, with Coldwell Banker Previews.

Custom-built with 6 bedrooms, the 7,550 square-foot home hugs the Gulf of Mexico shoreline and is nestled amid lush tropical foliage and manicured surroundings that include tranquil fountains and a lily pond in the courtyard.  Inside are a chef’s kitchen, butler’s pantry, formal dining room and temperature-controlled wine cellar. The homes deluxe finishes include stone, hardwood and Travertine floors, glass walls to showcase panoramic water views, double-sided fireplace, summer kitchen, roof-top terrace; and a home office with custom built-ins.

“This latest sale further confirms the strong resurgence of the region’s luxury market over the past couple of years,” says Moulton.  “Year-to-date, there have been 44 sales throughout the region involving properties priced above $3 million, compared with 29 such sales through this time last year.  Six of this year’s sales—involving three single-family homes and three condominiums—took place on Longboat Key.”

 

 

 

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