Active

5311 GULF OF MEXICO DR #6

LONGBOAT KEY FL, 34228

$865,000


$779.28 per sqft

Active

2 Beds

2 Baths

1,110 sqft

Condos

Built in 1973

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.

A4632456

MLS ID

December 13, 2024

Listed

December 17, 2024

Updated

Map

5311 GULF OF MEXICO DR #6
LONGBOAT KEY FL, 34228

Interior Features

Total Stories

2


Bedrooms

2


Total Bathrooms

2


Full Bathrooms

2


Interior Features

Ceiling Fans(s), Kitchen/Family Room Combo, Open Floorplan, Thermostat, Window Treatments


Appliances

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


Laundry Description

Common Area


Floor Description

Ceramic Tile


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central

Exterior/Building Features

Exterior Features

Irrigation System, Lighting, Outdoor Grill, Rain Gutters, Sliding Doors


Lot Features

Cleared


Architectual Style

Bungalow


Roof

Metal


Sewer

Public Sewer

School Information

High School

Bayshore High


Elementary School

Anna Maria Elementary

Other Property Details

Area Name

34228 - Longboat Key


Taxes

$9,167


Tax Frequency

Annually


Days on Market

4


Association Fee

$1,499


Association Fee Frequency

Monthly


Association Amenities

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


Garage

No


View

Yes


View Description

Water


County

Manatee


Municipality

35


Water Source

Public


Pool

Yes


Pool Features

Child Safety Fence, Heated, Lighting


Waterfront

Yes


Zoning

R4MX

Listed by CENTURY 21 BEGGINS ENTERPRISES
Listing Contact: 941-387-8888 

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Data last updated 12/17/2024, 3:19 PM UTC

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