Active
$38,450,000
Est. $226,619/mo

5965 Gulf Of Mexico Dr, Longboat Key, FL, 34228

$2,236/sqft·Longboat Key

11 bd17 ba17,199 sqft7 car garageSingle Family
Listed by DOUGLAS ELLIMAN· Last updated · MLS# A4681869

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Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

Est. monthly payment
$226,619/mo
Down payment (20%)
$7,690,000
Property taxes
$6,862/mo
Rate assumed
6.8% · 30 yr
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At a glance

Single family
Built 2026
Waterfront
Beach Front
Private pool
Heated
7 car garage
Covered
1.64 acres
Lot size

New construction · 2026

Different rules apply when you buy new

Build snapshot

Build year
2026
Builder
Ask the team — not on MLS
Community
LONGBOAT KEY
Type
Single Family Residence

True monthly carry

HOA
None / TBD
CDD bond
No CDD disclosed
Builder incentives
Ask — change weekly

What we'll do for you on a new build

Builder contract redlines

Builder contracts favor the builder. We mark up the clauses you should push back on before you sign.

11-month inspection

Your 1-year warranty expires quietly. We book an independent inspection at month 11 — saves $5K+ on average in caught defects.

Verified incentives

We verify the current builder incentives every time we walk a community. Rate buy-downs, design-center credits, closing costs — all itemized.

About this home

Built-in FeaturesCeiling Fans(s)Central VaccumEat-in KitchenElevatorKitchen/Family Room ComboOpen FloorplanPrimarybedroom Upstairs

5965 Gulf Of Mexico Dr is a 2026-built home in Longboat Key, Longboat Key. Inside you'll find 11 bedrooms, 17 bathrooms, and 17,199 square feet of living space. Listed at $38,450,000 (about $2,236/sqft), 40 days on market. Flood zone VE, AE - confirm flood insurance requirements with your lender.

From the listing

Under Construction. Set on nearly two private Gulf-front acres, this visionary estate is emerging as one of the most architecturally significant residences ever conceived on Longboat Key. Designed by the internationally acclaimed firm Sweet Sparkman Architecture & Interiors, the home represents a rare convergence of sculptural design, coastal sensitivity, and modern livability. Bold in concept yet timeless in execution, the main residence unfolds with intention. A dramatic foyer introduces expansive living spaces designed to capture light, scale, and uninterrupted Gulf views. The primary suite is conceived as a private sanctuary, complete with dual spa-inspired baths and bespoke dressing rooms. A stately office, refined lounge, formal dining room, and temperature-controlled wine cellar complement the open-concept great room, which transitions seamlessly to a sweeping Gulf-front terrace. Dual kitchens, a showpiece entertaining kitchen and a separate chef’s kitchen, elevate both daily living and grand-scale hosting. The estate continues upward to a rooftop deck with panoramic coastal vistas, while other levels offer a private cinema, multiple guest suites, and a dedicated guest-level kitchenette. A thoughtfully designed guest house and separate pool house provide additional privacy and flexibility for extended stays or staff accommodations. Outdoors, the setting transforms into a private coastal resort. Lush, layered landscaping surrounds a dramatic resort-style pool and spa, expansive entertaining terraces, tranquil water features, and potential for a private tennis and pickleball court — all oriented toward the Gulf’s endless horizon. Positioned along one of the most coveted stretches of Longboat Key, the property offers both seclusion and proximity to the best of the region, including The Resort at Longboat Key Club, The St. Regis Longboat Key Resort, St. Armand's Circle, and the cultural vibrancy of downtown Sarasota. With construction advancing and pricing evolving accordingly, this is a rare opportunity to secure a generational Gulf-front legacy estate at a pivotal stage. Longboat Key’s global recognition, including its inclusion among Forbes Travel Guide’s Top 12 Destinations, further underscores the enduring value of this extraordinary offering.

The essentials

Built
2026
Price / sqft
$2,236
On market
189 days
Annual tax
$82,342
Flood zone
VE, AE
Lot
71,251 sqft
Type
Single Family Residence

Location

5965 Gulf Of Mexico Dr
Longboat Key, FL, 34228·34228 - Longboat Key
Type
Single Family Residence
Year Built
2026
Lot
71,251 sqft
Cooling
Central Air, Zoned
Heating
Central, Electric
Parking
Covered, Driveway, Electric Vehicle Charging Station(s), Garage Door Opener, Golf Cart Parking, Ground Level, Guest, Off Street, Oversized, Garage, Tandem
Pool
Gunite, Heated, In Ground, Infinity, Outside Bath Access, Salt Water
Waterfront
Beach Front, Gulf/Ocean
Days on Market
189
Built-in Features
Ceiling Fans(s)
Central Vaccum
Eat-in Kitchen
Elevator
Kitchen/Family Room Combo
Open Floorplan
Primarybedroom Upstairs
Thermostat
Walk-in Closet(s)
Balcony
Lighting
Outdoor Kitchen
Private Mailbox
Rain Gutters
Sliding Doors
Storage
Tennis Court(s)
Bar Fridge
Built-in Oven
Dishwasher
Disposal
Dryer
Freezer
Ice Maker
Microwave
Range
Range Hood
Refrigerator
Washer
Wine Refrigerator

Elementary

Anna Maria Elementary

Middle

Martha B. King Middle

High

Bayshore High

Districts can re-zone, so verify directly with the district before relying on these.

Flood Zone VE, AE

Annual Tax (2025)

$82,342

Parcel #

7897110008

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision

Longboat Key

County

Manatee

MLS Area

34228 - Longboat Key

Lot Size

71,251 sqft

Flood Insurance RequiredFloodZoneIn CountyOversized LotPaved
Date
Event
Price
3/6/2026
Listed for sale
Source: Stellar MLS #A4681869
$38,450,000
$2,236/sqft
Est. monthly payment$226,619/mo
Principal & interest$200,532
Property taxes$6,862
Insurance$19,225
Down payment20% · $7,690,000
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Offer Insights

Choose an offer strength

List price: $38,450,000
$36.06M – $38.45M
93.8% – 100% of listTops out right at the list price
80% of listList price
22 of the last 43 home closings in 34228 landed at this number or higher (51%). The median one sat 95 days before it went under contract, and this one is on day 189.

Sample: 43 closed home sales in 34228 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

Talk through an offer with our team

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