5005 GULF OF MEXICO DRIVE
LONGBOAT KEY, FL 34228
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.
Facts & features
Interior
- Bedrooms
- 4
- Bathrooms
- 5
- Living area
- 4,630 sqft
- Heating
- Central
- Cooling
- Central Air
- Flooring
- Carpet, Ceramic Tile, Hardwood
- Fireplace
- Yes
- Stories
- 2
- Features
- Ceiling Fans(s)
- Appliances
- Bar Fridge, Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal…
Exterior & lot
- Lot size
- 10,454 sqft (0.24 ac)
- Pool
- Yes
- Roof
- Other
- Construction
- Block
- Exterior
- Balcony, Garden, Outdoor Kitchen, Private Entrance
Parking
- Garage
- 3 spaces
Financial
- HOA dues
- $1,715 / quarterly
- Annual tax
- $30,971 (2024)
- Price / sqft
- $1619/sqft
Utilities
- Water
- Public
- Sewer
- Public Sewer
- Utilities
- Cable Connected, Electricity Connected
Property
- Property type
- Single Family
- Year built
- 2018
- Subdivision
- BONAIRE AT LONGBOAT KEY
- County
- Manatee
Listing
- Status
- Active
- Days on market
- 207 days
- MLS #
- MFR776100606
- Source
- Stellar MLS
Listed by Reid Murphy · DEVELOPERS REALTY LBK, INC
Listing data provided by Stellar MLS. Information deemed reliable but not guaranteed.
Sample estimate — not an appraisal
Based on 18 comparable sales within 3 miles of LONGBOAT KEY, FL, this home is priced under RENA ValiQ.
Reference only. Estimates blend public sale comps, neighbourhood trend and the listing’s own metrics. Final price moves on diligence, terms and timing — RENA is your second read, not your agent.
Estimate your monthly cost
PITI + HOA- Principal & interest
- $37,899/mo
- Property tax
- $2,581/mo
- Home insurance
- $0/mo
- HOA dues
- $572/mo
Opens at 20% down over 30 years at 6.5%, the same assumptions as the answers below. Property tax is this listing's own bill; insurance is left out until you enter a quote, because Florida premiums turn on roof age, elevation and carrier. Every field is editable.
Ask about this property
Answered from this listing’s own figures and the sales around it.
Price history
From the property’s MLS record.
| Date | Event | Price | Change |
|---|---|---|---|
| Jul 13, 2026 | Price reduced | $7,495,000 | −$755,000 |
| Dec 18, 2025 | Listed | $8,250,000 | — |
NeighbourhoodSample data
Reference scores for LONGBOAT KEY, FL. Schools, mobility and amenities feed live data once the dedicated provider connection lands.
Location
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