New Listing - 12/13/2024

$865,000 ($779.28 per sqft)

Est. Mortgage $4,431/mo *

Quick Pre-Approval

5311 Gulf Of Mexico DRIVE, #6, Longboat Key, FL, 34228

5311 Gulf Of Mexico DRIVE, #6, Longboat Key, FL, 34228

6 rooms

2 beds

2 Full baths

1973

Bungalow

1,110 sqft

Unbelievable opportunity here now. Gulf front beauty in the over-the-top charming community of Beach Castle on Longboat Key. Nestled in the heart of Longboat Key in the coveted 5000 block with easy walking access to restaurants, shops, clubs, gyms, parks and much more. Updated 2 bed / 2 bath with beautiful Gulf Views right on the sand of some of the finest white powdery sand in the State of Florida. Open floor plan with kitchen overlooking the dining and family room. Oversized bedrooms with primary having sliders leading to lanai and capturing the Gulf View,. The guest bedroom has enough room for two full-size beds. The kitchen was improved with upgraded appliances, cabinetry, and granite countertops. The property is offered turnkey furnished. Beach Castle is zoned for Short Term Rental allowance. A rare allowance on Longboat Key. This property generated just over $58,000 in rental income for 2024 on less than 50% annual tenant occupancy. So good numbers on the books with room for improvement. Beach Castle, a beach-to-bay resort, is one of the few complexes on the island that is permitted for short term rental allowance. Make money, cover ownership expense and use at your leisure all combined. Centrally located in mid-Longboat Key and nearby hotspots & community activities and just a short drive to St. Armands Circle, Downtown Sarasota, Anna Maria Island, etc. The property is offered turnkey furnished. Beach Castle offers a heated pool, hot tub, BBQ grills, complimentary internet access by the pool, laundry facilities, fishing dock, shared boat docks (first-come, first-served basis with 26' boat limit), a place to launch your kayak, tennis courts available (at the neighboring property), bay access, private beach access with complimentary lounge chairs & umbrellas. This popular Key West-style boutique community has years of repeat renters with exquisitely landscaped grounds peppered with lush tropical color. Don't let this opportunity pass. Start living your dream today with a place to get away from it all, walk on the white sandy beaches, relish in the Florida sunshine AND own a profitable investment property.


Status:

Active

Type:

Condo

Furnished Remarks:

Furnished

Laundry Remarks:

Common Area

Complex:

MCCALLS BEACH CASTLE

Heating:

Central

Cooling:

Central Air

Levels:

2

Common Charge:

$1,499 Monthly

Est. Taxes:

$9,167

HOA Fee

$1,499

Construction

Block, Stucco

Utilities

BB/HS Internet Available, Cable Connected, Electricity Connected, Phone Available, Sewer Connected, Street Lights, Underground Utilities

Lot Description:

Cleared

View Description:

Water

Amenities:

Cable TV, Laundry, Maintenance, Pool, Spa/Hot Tub, Storage, Tennis Court(s)

Elementary School:

Anna Maria Elementary

Middle School:

Martha B. King Middle

High School:

Bayshore High

Days on Market:

4

Elevator:

N

Pet Policy:

Yes

Appliances:

Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator

Pool:

Child Safety Fence, Heated, Lighting

Min Lease Term:

No Minimum

MLS #:

A4632456


Community Info

School Info

Walk Score

Yelp



Listing courtesy of CENTURY 21 BEGGINS ENTERPRISES Phone: 941-387-8888