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$1,350,000
32 Days Online

5311 Gulf Of Mexico Drive #3
Longboat Key, FL 34228

For Sale|Condo|Active
2
Beds
2
Full Baths
0
Partial Baths
1,028
SqFt
$1,313
/SqFt
1973
Built
Subdivision:
Mccalls Beach Castle
County:
Manatee

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5311 Gulf Of Mexico Drive5311 Gulf Of Mexico Drive5311 Gulf Of Mexico Drive5311 Gulf Of Mexico Drive
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Welcome to your own piece of paradise right on the shores of Longboat Key! This is a rare opportunity for an owner/investor to enjoy all that Longboat Key has to offer while maximizing rental profits with daily rentals! Take in the bright blue waters through the sliding glass doors as soon as you step in to the two-bedroom two-bathroom 1, 028 square foot space. This turnkey, furnished unit is clean and well maintained with tile floors throughout. The kitchen offers an open space with updated appliances and sparkling granite countertops. The primary suite offers an en-suite bathroom and opens up to the screened in lanai with water views of the gulf. The second bedroom also offers an en-suite bathroom with two queen beds and extra space for guests. Beach Castle Resort offers a bay to gulf property, with a heated swimming pool and spa on the bay side, including a community dock and kayak launch. The gulf side of the complex offers a BBQ grille, separate laundry room, and provides beach chairs and umbrellas for use on the sandy beach. Beach Castle's rental policy accommodates minimum 1 to 7 day tenancies, with in-house property management provided by RVA. Seller reports revenue of $142, 000 in 2023. Owners and tenants alike are able to use Cedar's amenities and overflow parking just up the road which includes a junior Olympic pool, ten lighted tennis courts, 24/7 fitness center and bicycles. Beach Castle Resort is pet friendly for an owner's small dog. Right in the middle of LBK, in close proximity to restaurants, St. Armand's circle and downtown Sarasota. Part time or full time, this opportunity provides flexibility to enjoy the beach life!

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Listing Snapshot
Price 
$1,350,000
Days Online 
32 Days
Bedrooms 
2
Inside Area (SqFt) 
1,028 sqft
Total Baths 
2
Full Baths 
2
Partial Baths 
N/A
Lot Size 
1.01 Acres
Year Built 
1973
MLS® Number 
A4604824
Status 
Active
Property Tax 
$12,051
HOA/Condo/Coop Fees 
$1,301 monthly
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
4 weeks agoListing updated with changes from the MLS®
a month agoListing first seen online
General Features
Style 
Florida
Construction 
Stucco
Parking 
Off Street
Sewer 
Public Sewer
Number of Stories 
1
Acreage 
1.01
Water 
Public
Property Sub Type 
Condominium
Utilities 
Cable ConnectedPhone AvailableSewer ConnectedUnderground UtilitiesWater Connected
Foundation 
Slab
Zoning 
R4MX
Direction Faces 
East
Minimum Lease 
1-7 Days
Ownership 
Condominium
Parcel Number 
7993710259
Interior Features
Cooling 
Central Air
Heating 
Central
Appliances 
Convection OvenDishwasherMicrowaveRefrigerator
Flooring 
Tile
Interior 
Ceiling Fans(s)Eat-in KitchenKitchen/Family Room Combo
Laundry Features 
Common Area
Fireplace 
No
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Exterior Features
Roof 
Concrete
View 
Water
Spa 
Yes
Pool Features 
DeckGuniteIn GroundLighting
Spa Features 
HeatedIn Ground
Waterfront Property 
Yes
Waterfront Features 
Gulf/ Ocean to Bay
Exterior 
Outdoor GrillSidewalkTennis Court(s)
Lot 
LandscapedSidewalk
Patio And Porch 
CoveredEnclosedScreened
Other Structures 
Tennis Court(s)
Water Extras 
Fishing Pier
Community Features
Association Dues 
1301.92
Pets 
Dogs O KNumber LimitSize Limit
Township 
35S
Community Features 
Fitness CenterPoolTennis Courts
Senior Community 
No
MLS Area 
34228 - Longboat Key
Schools
School District
Unknown
Elementary School
Anna Maria Elementary
Middle School
Martha B. King Middle
High School
Bayshore High
Listing courtesy of MCKAY MANAGEMENT & REALTY 815-483-5052



Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2024, Stellar MLS.
Data last updated at: 2024-04-27 07:05 PM EDT

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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