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    5841 Gulf Of Mexico Dr, Unit 244 Longboat Key, FL 34228

    For Sale
    $575,000

    Commercial land available on Gulf of Mexico Drive.

    Lot size:
    1.67 Acres

    Property Features for 5841 Gulf Of Mexico Dr

    General Information

    Lot size
    1.67 Acres

    Building Details

    Year built
    1972

    Source: EZ CHOICE REALTY Agent George Sanchez

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Land on Gulf of Mexico

    This commercial land is available for sale. The list price is $575,000.
    Location Intelligence

    Current Use by Public Records

    Silver Sands Gulf ... Resort Hotel

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Longboat Key
    County
    Manatee
    State
    Florida
    Longitude
    -82.6648994
    Latitude
    27.4180824

    Nearby Similar for Sale

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    • $105,000

      Longboat Key Property with Access

      Property on Longboat Key with deeded beach access.
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    • $300,000

      Harbourside Drive Specialty Property

      Specialty property available for sale in Longboat Key, Florida.
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      Longboat Key Specialty Property

      Specialty property available for sale in Longboat Key, Florida.
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    • $425,000

      Gulf of Mexico Drive Property

      Property on Gulf of Mexico Drive for sale.
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    FAQs

    What type of property is this?
    Commercial land - Commercial land available on Gulf of Mexico Drive.
    Where is this commercial land located?
    The property is located at 5841 Gulf Of Mexico Dr, Unit 244 Longboat Key, FL.
    What is the asking price?
    The asking price for this property is $575,000.
    What are key features of this property?
    This property features: - Year Built: 1972
    (941) 323-2820
    Request Owner's contact information
    5841 Gulf Of Mexico Dr, Unit 244 Longboat Key, FL 34228
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5841 Gulf Of Mexico Dr, Unit 244 Longboat Key, FL 34228
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