Record-Breaking Residential Sale on Longboat Key
Magnificent Gulf-front Estate Closes for Just Over $13 Million
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July 7, 2020 (Longboat Key, Fla) – A Gulf-front estate located at 6021 Gulf of Mexico Drive closed on Tuesday afternoon for $13,000,001, making it the highest residential purchase in the tri-county region that has been reported in the Multiple Listing Service (MLS). Kim Ogilvie of Michael Saunders & Company represented the buyer. Reid Murphy of Developers Realty, Inc represented the seller.
“This is perhaps the finest combination of location and construction I’ve seen in my 36 years as a Realtor,” said selling agent Kim Ogilvie. “The home features a beautiful and tasteful selection of finishes, and the new owners are very much looking forward to sharing it with their family and friends throughout the year.”
Completely private with sweeping views of the Gulf of Mexico, the four-bedroom estate offers exceptional beachfront living with an open floorplan, luxe appointments, and an open-air terrace with infinity pool and spa. Ogilvie notes its beach location, boating access, and proximity to many of the area’s popular restaurants attracted the buyers to the home. Ogilvie bested a $13 million sale in 2006 (a Lido Shores estate at 1067 Westway Drive) with the added dollar on the final amount – a decision made by all parties as an amusing conclusion to negotiations.
According to a June report of the Gulf Coast luxury market, there have been 41 sales over $3 million across the Sarasota, Manatee, and Charlotte counties. Michael Saunders & Company has been the listing broker in 16 transactions and the selling broker in 12 transactions and has a total luxury market share of 34% in the $3 million+ category.
Kim Ogilvie works out of the Michael Saunders & Company Main Street Sarasota office at 1605 Main Street and can be reached for comment at 941.376.1717.
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About Michael Saunders & Company
In its fifth decade of innovative and progressive service to Southwest Florida, Michael Saunders & Company has grown into a network of 24 full-service real estate offices—with nearly 700 agents and 200 support team members spanning the Gulf Coast region. International brokerage affiliations with Leading Real Estate Companies of the World, Luxury Portfolio International, and Mayfair International Realty extend the company’s message to qualified buyers globally. Headquartered in Sarasota, Fla., Michael Saunders & Company affords customers the most comprehensive range of real estate services in the Southwest Florida marketplace. These include mortgage, title, insurance and relocation services, and a commercial real estate division. A philanthropic arm, the MSC Foundation, gives back to Gulf Coast community organizations via donations from agents and staff.
For more information about Michael Saunders & Company, please call 1-888-552-5228 or visit michaelsaunders.com.