Waterfront
Address
5311 Gulf Of Mexico DRIVE #3, LONGBOAT KEY, FL
Price
$ 1,350,000
Property Attributes
  • MLS#A4604824
  • TypeCondos
  • CountyMANATEE
  • CityLONGBOAT KEY
  • AreaLongboat Key
  • NeighborhoodMccalls Beach Castle
  • Zip34228
  • StyleFlorida
  • Year Built1973
  • Taxes$ 12051
  • Price$ 1,350,000
  • Bedrooms2
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1028
  • Lot Size1.01 Acres
Data Source:
Stellar MLS
Property Description

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!

Elementary School Middle School High School
Anna Maria Elementary Martha B. King Middle Bayshore High
Price History
3/26/2024 Listed $1,350,000

General Features

Interior Features Ceiling Fan(s),Eating Space In Kitchen,Kitchen/Family Room Combo
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities BB/HS Internet Available,Cable Connected,Phone Available,Sewer Connected,Underground Utilities,Water Connected
Roof Concrete
Appliances Convection Oven,Dishwasher,Microwave,Refrigerator
Exterior Features Outdoor Grill,Sidewalk,Tennis Court(s)
Zoning R4MX
HOA 1301.92
Patio/Porch Features Covered,Enclosed,Screened
Architectural Style Florida
Pool Features Deck,Gunite,In Ground,Lighting
Construction Materials Stucco
Pets Allowed Dogs OK,Number Limit,Size Limit
Year Built 1973
View Water
Levels One
Unit Number 3
Property SubType Condo - Hotel
Tax Year 2023
Percent Ownership Condominium
Waterfront Features Bay/Harbor Front,Gulf/Ocean Front,Gulf/Ocean to Bay
Community Features Bay/Harbor Front,Dock,Gulf/Ocean Front,Water Access,Fitness Center,Pool,Tennis Court(s)
Assoc Fee Paid Per Monthly
County Manatee
New Construction No
Property Type Residential
HOA / Comm Assn Yes
Subdivision Name MCCALLS BEACH CASTLE
Facing Direction East
Garage Y/N No
Other Structures Tennis Court(s)
Total Rooms 6
Status Active
Directions Gulf of Mexico Dr to 5000 block,turn west into community.
ModificationTimestamp 2024-05-25T19:05:21.680Z
High School Bayshore High
City LONGBOAT KEY
Buyer Agent Compensation 3%
Body of Water Gulf Of Mexico,Sarasota Bay
Disclosures Condominium Disclosure Available,HOA/PUD/Condo Disclosure,Seller Property Disclosure
Association Name Chad Newell
View Y/N Yes
Senior Community Y/N No
MLS Area 34228 - Longboat Key
Lot Size Units Acres
Lot Size Square Feet 44121
Waterfront Y/N Yes
Carport Y/N No
Spa Features Heated,In Ground
Elementary School Anna Maria Elementary
Land Lease Y/N No
Tax Annual Amount 12051.97
Middle/Junior High School Martha B. King Middle
Additional Parcels Y/N No
Lease Considered Y/N Yes
Virtual Tour https://www.propertypanorama.com/instaview/stellar/A4604824
Days on Market 60
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Legal Description UNIT 3 MCCALLS BEACH CASTLE CONDOMINIUM PI#79937.1025/9
Water View Gulf/Ocean - Full,Gulf/Ocean to Bay
Water Access Type Gulf/Ocean to Bay
Pet Size Limit Small (16-35 Lbs.)
Minimum Lease 1-7 Days
Water Access Y/N Yes
Monthly HOA Amount 1301.92
Water View Y/N Yes
Flood Zone Code AE

Interior Features

Flooring Tile
Total Stories 1
Common Walls Corner Unit
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Full Baths 2
Laundry Features Common Area
Total Bedrooms 2
LivingAreaSource Public Records
Total Baths 2

Exterior Features

Parking Features Off Street
Lot Features Landscaped,Sidewalk
Water Source Public
Lot Size Area 1.0129
Foundation Details Slab
Spa Yes
Building Area Total 1124
Lot Size Acres 1.01
Road Surface Type Gravel

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Condos Average in 34228

Price
AVG $1.41M
$1.35M
Taxes
AVG $10,733
$12,051
Visits
AVG 587
424
Data Provided by Inside Real Estate®
Year Built
AVG 1980
1973

Areas We Cover