Listing provided courtesy of DEVELOPERS REALTY LBK, INCas Distributed by MLSGrid- MLS# MFRA4673495MLS Provider

5005 GULF OF MEXICO DRIVE #4LONGBOAT KEY, FL 34228

Single Family · 4 Beds · 4 Full Baths · 1 Half Bath · 4,630 Sq. ft. | 0.24 Acres
$7,495,000 Active

5005 GULF OF MEXICO DRIVE #4 Overview

Time on Site:
194 days
Visits:
3

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.

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5005 GULF OF MEXICO DRIVE #4 Facts & Features

  • Type Single Family
  • Sq. ft. 4,630
  • Price/Sq.ft. $1,619
  • Lot 0.24 Acres

Details

General

Association/HOA

  • Association Fee: 1715
  • Association Fee Frequency: Quarterly
  • Association Name: Denise Henning
  • Association: Yes

Building Information

  • New Construction: No
  • Year Built: 2018

Location/Region

  • Country: US
  • County Or Parish: Manatee
  • MLS Area Major: 34228 - Longboat Key
  • Subdivision Name: BONAIRE AT LONGBOAT KEY
  • Township: 35S

Community/Development

  • Community Features: Deed Restrictions

Tax Information

  • Tax Annual Amount: 30970.79
  • Tax Year: 2024

General Information

  • Furnished: Furnished
  • Listing Terms: Cash,Conventional
  • Ownership: Fee Simple
  • Parcel Number: 8009200259
  • Pets Allowed: Cats OK,Dogs OK
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Senior Community: No
  • Special Listing Conditions: None
  • Zoning: R3MX

Interior

Parking Information

  • Garage Spaces: 3
  • Garage: Yes

Beds/Baths

  • Bathrooms Full: 4
  • Bathrooms Half: 1
  • Bathrooms Total: 5
  • Bedrooms Total: 4

Building Interior

  • Building Area Source: Public Records
  • Building Area Total: 7976
  • Building Area Units: Square Feet

General Information

  • Appliances: Bar Fridge,Built-In Oven,Convection Oven,Cooktop,Dishwasher,Disposal,Dryer,Electric Water Heater,Ice Maker,Microwave,Refrigerator
  • Cooling: Central Air
  • Fireplace Features: Gas,Living Room
  • Fireplace: Yes
  • Flooring: Carpet,Ceramic Tile,Hardwood
  • Foundation Details: Slab
  • Heating: Central
  • Interior Features: Ceiling Fans(s)
  • Laundry Features: Laundry Room
  • Levels: Three Or More
  • Living Area: 4630
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Other Equipment: Irrigation Equipment,Private Entrance
  • Spa Features: Heated,In Ground
  • Spa: Yes
  • Stories Total: 2

Unit Information

  • Unit Number: 4

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Acres: 0.24
  • Lot Size Square Feet: 10454
  • Road Surface Type: Brick
  • Water Source: Public

Waterfront/View

  • View: Beach
  • Water Body Name: GULF OF MEXICO
  • Waterfront: No

Building Exterior/Construction

  • Attached Garage: Yes
  • Construction Materials: Block
  • Direction Faces: South
  • Roof: Other

General Information

  • Carport: No
  • Exterior Features: Balcony,Garden,Outdoor Kitchen,Private Entrance
  • Pool Features: Heated,In Ground
  • Pool Private: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Connected,Electricity Connected

Room Information

Room: Foyer

  • Level: First
  • Dimensions: 13x13
  • Length: 13
  • Width: 13

Room: Gym

  • Level: First
  • Dimensions: 23x12
  • Length: 12
  • Width: 23

Room: Balcony/Porch/Lanai

  • Level: Second
  • Dimensions: 23x16
  • Length: 16
  • Width: 23

Room: Balcony/Porch/Lanai

  • Level: Second
  • Dimensions: 11x6
  • Length: 6
  • Width: 11

Room: Dining Room

  • Level: Second
  • Dimensions: 13x13
  • Length: 13
  • Width: 13

Room: Kitchen

  • Level: Second
  • Dimensions: 22x12
  • Length: 12
  • Width: 22

Room: Living Room

  • Level: Second
  • Dimensions: 21x20
  • Length: 20
  • Width: 21

Room: Office

  • Level: Second
  • Dimensions: 14x13
  • Length: 13
  • Width: 14

Room: Primary Bathroom

  • Level: Second
  • Dimensions: 19x12
  • Length: 12
  • Width: 19

Room: Primary Bedroom

  • Level: Second
  • Dimensions: 21x18
  • Length: 18
  • Width: 21

Room: Bedroom 2

  • Level: Third
  • Dimensions: 16x15
  • Length: 15
  • Width: 16

Room: Bedroom 3

  • Level: Third
  • Dimensions: 15x12
  • Length: 12
  • Width: 15

Room: Bedroom 4

  • Level: Third
  • Dimensions: 13x12
  • Length: 12
  • Width: 13

Room: Den

  • Level: Third
  • Dimensions: 12x11
  • Length: 11
  • Width: 12

5005 GULF OF MEXICO DRIVE #4 Neighborhood

Community

34228 (LONGBOAT KEY) Demographics

71
Median Age
575
Population Density (per sq. mile)
71%
College Educated
$108,015
Estimated Median Income
3,741
Estimated Total Home Owners
198
Estimated Total Renters
95% / 5%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data unavailable, School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

5005 GULF OF MEXICO DRIVE #4 Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

5005 GULF OF MEXICO DRIVE #4 Market Data

Based on the last 30 days in this zip code

$1,987,350
Average List Price
$1,018
Average Price per Square Foot
63
Properties Sold
168
Average Days on Market
415
Properties for Sale
Calculations provided by Reliance Network

5005 GULF OF MEXICO DRIVE #4 History

Date Event Value Agent
5/8/2026Source: My Florida Regional MLS Price Reduction
$7,495,000 -3.9%
3/26/2026Source: My Florida Regional MLS Price Reduction
$7,800,000 -5.5%
12/18/2025Source: My Florida Regional MLS Added to Database
December 18, 2025