• 5311 Gulf Of Mexico Drive #3 LONGBOAT KEY, FL 34228

  • $1,350,000
  • 2
    Bed(s)
  • 2
    Baths
  • 1,028
    Sq Ft
  • 1.01
    Acre
  • Listed By: MCKAY MANAGEMENT & REALTY
  • Source: MFRMLS (My Florida Regional MLS DBA Stellar MLS)

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!

Property Type :

Residential

Subdivision :

Mccalls Beach Castle

County :

Manatee

Style :

Residential

Property Details

 

Bedroom Information

Total Bedroom: 2

Bathroom Information

Total Baths: 2

Full Baths: 2

Interior Features

Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo

Roof : Concrete

Appliances : Convection Oven, Dishwasher, Microwave, Refrigerator

Laundry Features: Common Area

Roofing Information

Concrete

Flooring Information

Flooring : Tile

Construction Materials : Stucco

Heating & Cooling

Heating: Central

Cooling: Central Air

Water front: 1

WaterSource: Public

Building Information

Year Built: 1973

Exterior Features

Outdoor Grill, Sidewalk, Tennis Court(s)

Construction Materials: Stucco

Foundation Details: Slab

Pool Features

Private Pool:

Deck, Gunite, In Ground, Lighting

Lot Information

Lot Description: Landscaped, Sidewalk

Lot Square Feet: 44121

Lot Acres: 1.01

Lot Size (SqMt): 4099

Property Information

Property Type: Residential

Sub Type: Condo - Hotel

Style: Florida

Listing Price Information

Original List Price: $1350000

Tax Information

Tax Book Number: 1-287

Tax Lot: 0

Tax Legal Description: UNIT 3 MCCALLS BEACH CASTLE CONDOMINIUM PI#79937.1025/9

Annual Tax: $12051.97

Tax Year: 2023

Parcel Number: 7993710259

Virtual Tour

Parking Information

Off Street

Homeowners Association Information

HOA : $1,302 Monthly

School Information

Elementary School: Anna Maria Elementary

Junior High School: Martha B. King Middle

Senior High School: Bayshore High

Utility Information

BB/HS Internet Available, Cable Connected, Phone Available, Sewer Connected, Underground Utilities, Water Connected

Sewer: Public Sewer

Water Source: Public

Location Information

Subdivision: MCCALLS BEACH CASTLE

City: LONGBOAT KEY

Direction: Gulf of Mexico Dr to 5000 block, turn west into community.

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
De Narvaez, Longboat Key, FL,34228 $1,995,000 -- -- 10,000 0.04 Acre
5861 Gulf Of Mexico Drive, Longboat Key, FL,34228 $18,500,000 5 7 6,950 1.13 Acres
2600 Harbourside Drive .., Longboat Key, FL,34228 $350,000 -- -- -- 0.8 Acre
551 Broadway, Longboat Key, FL,34228 $4,400,000 4 5 3,738 0.14 Acre
3010 Grand Bay Boulevar.., Longboat Key, FL,34228 $2,150,000 2 4 2,550 1.26 Acres
2600 Harbourside Drive .., Longboat Key, FL,34228 $225,000 -- -- -- 0.5 Acre
6489 Gulfside Road, Longboat Key, FL,34228 $16,995,000 4 5 6,614 0.51 Acre
691 Old Compass Road, Longboat Key, FL,34228 $2,325,000 4 2 2,290 0.36 Acre
2251 Gulf Of Mexico Dri.., Longboat Key, FL,34228 $9,900,000 4 5 3,961 --
648 Bayview Drive, Longboat Key, FL,34228 $4,495,000 3 4 4,157 0.46 Acre

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Based on information submitted to the MLS GRID as of 04/26/2024 @ 18:20. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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ByOwner last updated this listing 04/26/2024 @ 18:20

MLS: MFRMLS #A4604824
LISTED BY: Brittany Anderson, MCKAY MANAGEMENT & REALTY
SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS)
Buyer Agency Compensation: 3%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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