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Longboat Key Home is Largest Sale in Sarasota Area Since April 2008

CHRISTINA LANDRY OF MICHAEL SAUNDERS & COMPANY
BRINGS BUYER TO $7.1 MILLION WATERFRONT SALE

SARASOTA, Florida—(March 4, 2009)—In what amounted to the largest single residential sale in the Sarasota Area in nearly a year, a beachfront estate on Longboat Key closed yesterday for $7.125 million.  The property at 5871 Gulf of Mexico Drive, originally listed for $10.5 million in mid-September, went under contract in just over four months. Christina Landry, of the St. Armands Circle office of Michael Saunders & Company brought the buyer to the sale.   Reid Murphy was the listing agent for the property.

Prior to yesterday’s closing, the largest residential sale in the past year was an $8 million beachfront home at 4067 Shell Road—on Siesta Key—listed by Kim and Michael Ogilvie of the Main Street office of Michael Saunders & Company.

The gated, 1.2 acre Longboat Key estate that sold yesterday includes 7,046 square feet under air.  It was completed in 2008 and includes a private two-bedroom guest house with loft, accessible from the main house by a covered walkway.  The main home has five bedrooms, a 40-foot beach-entry pool on the beach level and an upstairs pool on the magnificent logia level.

  • User Gravatar Miami Beach Homes
    March 17th, 2009

    The residence sounds like a very nice home, congrats to the lucky buyer and Christina Landry for helping them find it.

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