5005 Gulf Of Mexico Drive, FL

$7,495,000

5005 Gulf Of Mexico Drive

Longboat Key, FL 34228

Active
4
Beds
5
Baths
4,630
Sq Ft
0.24
Acres
2018
Built
Water viewWater accessPrivate poolFireplace3-car garage$1,619/sqft
🏠Single Family Residence

Property type

🏗️2018

Year built

📐10,454 sqft

Lot size

📊$1,619

Price / sq ft

🏘️$572/mo

HOA dues

📅145

Days on market

🚗3

Garage spaces

🌊AE

Flood zone

About this home

Designed by award-winning architect, John Cooney, and built by Sarasota’s premier coastal homebuilder, Perrone Construction, this mid-Key classic is simply among Longboat Key’s finest homes. Walk in to this fully furnished home which is steps from the beach and with expansive Gulf and Bay views, this masterpiece offers more than 4300 square feet of refined interiors on the main living floors together with multiple large lanais and balconies. A beautiful foyer, large family room, and home gym are featured on the ground floor, along with an oversized three-car garage and storage room. The quality of the home’s design and construction are matched by the charm of the interior finishes and amenities. The living areas incorporate beautiful ceiling elevations, along with custom wide-plank hardwood, Italian porcelain tile, and custom plantation shutters and drapes. The Great Room flows into the chef’s kitchen which features custom cabinetry, quartz countertops, Wolf and SubZero appliances, and a temperature-controlled 275 bottle wine room. Designed for easy entertaining, the Great Room opens onto a large lanai with its gas fireplace and grill, and gorgeous Gulf and sunset views. Adjoining the kitchen is a perfect dining room with its own balcony and Gulf views, as well as a large family office/bonus room with custom cabinetry and bookshelves. The Lutron system controls both the lighting and the custom drapes and shades. The home’s elegant chandeliers and sconces bathe its interior with gracious warmth. The beautiful master suite on the main floor includes a bedroom cathedral ceiling and access to the outdoor lanai. The master bath features custom cabinetry, porcelain tile, a large steam shower, and is plumbed for a master bathtub. Three spacious guest suites, a gathering lounge, and balconies with Gulf views are found on the second living floor. A private elevator connects all levels. Both the home and exterior grounds are designed for year-round, low-maintenance living. An extensive landscape refresh in 2023 included new turf and lighting, an outdoor shower, and a great fire pit area for entertaining. Lush landscaping and a tranquil pool setting provide both screening and privacy. The home features remote controlled screening and storm shutters, extensive use of Azek composite, and other low-maintenance materials, along with a gas generator, whole-house water filtration system, central vacuum, and much more. With miles of pristine beach and bay to explore and with the abundant cultural, dining, and shopping amenities of Sarasota, St. Armand’s Circle, and Anna Maria Island nearby, this timeless home delivers the very best of Longboat Key living.

Estimated monthly payment

Principal & interest$37,899
Property taxes$2,581
Home insurance (est.)$3,435
HOA dues$572

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history145 days on market

  1. Status: Active
    Dec 18, 2025
  2. Listed$8,250,000
    Dec 18, 2025
  3. Price reduced$7,495,000

Virtual Tour

Facts & features

Property type
Residential
Sub type
Single Family Residence
Status
Active
Days on market
145
Subdivision
Bonaire At Longboat Key
County
Manatee
Year built
2018
Living area
4,630 sq ft
Price/sq ft
$1,619
Building area
7,976 sq ft (Public Records)
Lot size
10,454 sq ft
Lot category
0 to less than 1/4
Flood zone
AE (12081C0294F)
Garage
3 spaces
Pool
Private pool
Annual taxes
$30,971 (2024)
Parcel #
8009200259
Zoning
R3MX
MLS #
A4673495

Interior Details

Bedrooms
4
Full bathrooms
4
Half bathrooms
1
Flooring
Carpet, Ceramic Tile, Hardwood
Appliances
Bar Fridge, Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Refrigerator
Interior features
Ceiling Fans(s)
Laundry
Laundry Room
Stories / Levels
Three Or More
Direction faces
South
Fireplace
Yes

Heating & Cooling

Heating
Central
Cooling
Central Air

Parking

Garage spaces
3
Attached garage
Yes

HOA & Financial

HOA fee
$1,715 / Quarterly
Monthly HOA
$572/mo
Total monthly fees
$572/mo
Total annual fees
$6,860
HOA name
Denise Henning
CDD
Yes
Homestead exemption
Yes
Min lease term
1 Month
Listing terms
Cash, Conventional
Ownership
Fee Simple
Available for lease
Yes
Lease restrictions
Yes
Additional lease restrictions
See Docs
Approval process
See Docs

Exterior & Construction

Exterior features
Balcony, Garden, Outdoor Kitchen, Private Entrance
Construction materials
Block
Roof
Other
Foundation
Slab
Pool
Private pool
Water access
Yes
Water view
Yes
Road surface
Brick

Utilities

Sewer
Public Sewer
Water source
Public
Utilities
Cable Connected, Electricity Connected

Community

Pets allowed
Cats OK, Dogs OK

Room Details

RoomLevelDimensions
FoyerFirst13x13
Living RoomSecond21x20
KitchenSecond22x12
Dining RoomSecond13x13
OfficeSecond14x13
Primary BedroomSecond21x18
Primary BathroomSecond19x12
Bedroom 2Third16x15
Bedroom 3Third15x12
Bedroom 4Third13x12
DenThird12x11
GymFirst23x12
Balcony/Porch/LanaiSecond23x16
Balcony/Porch/LanaiSecond11x6

Listing Details

Listing date
2025-12-18
On market date
2025-12-18
Original list price
$8,250,000
Occupant type
Owner
MLS area
34228 - Longboat Key
Listing AOR
Sarasota - Manatee
Status changed
2025-12-18
Tax legal description
UNIT 4 BONAIRE AT LONGBOAT KEY PI#80092.0025/9

Flood risk

High riskFEMA Zone AEPanel 12081C0294F

FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

Directions

Gulf of Mexico Dr to 5005

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MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the MLS GRID as of May 12, 2026 at 10:24 AM ET. 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.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA