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The Longboat Planning and Zoning Board on Tuesday unanimously approved a special exception and site development plan for the proposed Sage Longboat Key Residences. The plan is to build beachfront luxury condominiums at 4651 Gulf of Mexico Drive, the former site of the Sun n Sea Cottages & Apartments. Prices will start at $4 million. Exceptions approved by P&Z Board Units per acre: 5.0 units per acre/16 units proposed, 6.0 units per acre/ 19 units permitted Maximum building coverage: 20.9% proposed, 30% permissible in the zoning code Minimum open space: 53% proposed, 50% minimum is required Minimum street yard setback: 150 feet proposed, at least 128 feet required Minimum side yard setback: 40-foot minimum/80 feet total proposed, 30-foot minimum/ 80 feet total required ....