New Listing - 01/23/2025

$1,199,000 ($1,166.34 per sqft)

Est. Mortgage $6,142/mo *

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

5311 Gulf Of Mexico DRIVE, #3, Longboat Key, FL, 34228
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6 rooms

2 beds

2 Full baths

1973

Custom

1,028 sqft

Turnkey furnished and ready to enjoy or rent, this charming beachfront retreat on Longboat Key offers the perfect blend of coastal living and investment potential. Situated directly on the pristine shores of the Gulf of Mexico, this two-bedroom residence grosses an average of six figures in annual rental income (SEE REALTOR REMARKS), making it an exceptional opportunity for personal enjoyment or weekly rentals. Set within Beach Castle Resort, this first-floor, direct Gulf-front property boasts breathtaking water views and effortless beach access just steps from the outdoor entertaining spaces. Inside, the light-filled interior features oversized tile flooring, updated windows and sliders (2009), and a granite kitchen with modern cabinetry, appliances, and upgraded plumbing and electrical systems (2006). The open-concept layout seamlessly connects the kitchen, living, and dining areas, with sliders leading to an inviting patio and a screened-in space ideal for relaxation. The two-bedroom split layout ensures privacy for guests. The primary suite enjoys private patio access and serene Gulf views, creating a peaceful retreat for owners and visitors alike. Beach Castle Resort is one of the rare Longboat Key communities offering flexible daily, weekly, or monthly rental programs. Residents and guests appreciate the beach-to-bay amenities, including deeded beach access, barbecue grilling areas, a sundeck with a heated swimming pool and spa, a fishing pier, and a day dock for boating enthusiasts (no overnight docking, first-come basis). The north end of Longboat Key offers a relaxed, tropical lifestyle. Bayfront Park and Cedars Tennis Resort are minutes away, while the southern end of the island brings the liveliness of the Longboat Key Club, fine dining, boutique shopping at St. Armands Circle, and the cultural attractions of downtown Sarasota. This beachfront retreat is an ideal escape, combining Gulf-front tranquility with exceptional rental income potential.

Status:

Active

Type:

Condo

Furnished Remarks:

Furnished

Laundry Remarks:

Same Floor As Condo Unit

Complex:

MCCALLS BEACH CASTLE

Garage:

Guest, Open

Heating:

Central, Electric

Cooling:

Central Air

Levels:

2

Est. Taxes:

$12,052

Condo Fee

1348.0000

Construction

Block, Stucco

Utilities

Cable Available, Electricity Connected, Phone Available, Public, Sewer Connected, Underground Utilities, Water Connected

Lot Description:

Flood Insurance Required, FloodZone, In County

View Description:

Water

Amenities:

Laundry, Maintenance, Pool, Recreation Facilities, Spa/Hot Tub

Elevator:

N

Pet Policy:

Cats OK, Dogs OK, Number Limit, Size Limit, Yes

Appliances:

Dishwasher, Disposal, Microwave, Range, Refrigerator

Pool:

Deck, Gunite, In Ground, Lighting

Min Lease Term:

1-7 Days

MLS #:

A4635657

Community Info

School Info

Walk Score

Yelp

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Listing courtesy of COLDWELL BANKER REALTY Phone: 941-383-6411