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