5311 Gulf Of Mexico Drive Unit 6, Longboat Key, FL 34228

$845,000
2
BD
2
BA
1,110
SqFt

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Sold Price
$845,000
List Price
$865,000
Status
Sold
Days on Market
21
Closing Date
Feb 05, 2025
MLS#
A4632456
Property Style
Condo
Architectural Style
Bungalow
Year Built
1973
Bedrooms
2
Bathrooms
2
Living Area
1,110
Price per sq. ft.
779.28
Building Name
N/A
Legal Subdivision Name
Mccalls Beach Castle
MLS Area Major
Longboat Key

Property Description

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.

Additional Information

Taxes
$9167
Minimum Lease Period
No Minimum
Hoa Fee
$1,499
HOA Payment Schedule
Monthly
Maintenance Includes
Cable TV, Pool, Escrow Reserves Fund, Insurance, Maintenance Grounds, Maintenance, Management, Pest Control, Private Road, Sewer, Trash, Water
Location
Cleared
Community Features
Buyer Approval Required, Deed Restrictions, Pool, Sidewalks, Maintenance Free
Property Description
One Story
Zoning
R4MX
Interior Features
Ceiling Fans(s), Kitchen/Family Room Combo, Open Floorplan, Thermostat, Window Treatments
Floor
Ceramic Tile
Appliances
Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
Utilities
BB/HS Internet Available, Cable Connected, Electricity Connected, Phone Available, Sewer Connected, Street Lights, Underground Utilities
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Block, Stucco
Exterior Features
Irrigation System, Lighting, Outdoor Grill, Rain Gutters, Sliding Doors
Roof
Metal
Foundation
Slab
Pool
Community, Private
Pool Type
Child Safety Fence, Heated, Lighting
Elementary School
Anna Maria Elementary
Middle School
Martha B. King Middle
High School
Bayshore High
Water Name
Sarasota Bay/Gulf Of Mexico
Water Extras
Fishing Pier
Water View
Gulf/Ocean - Full
Water Access
Bay/Harbor, Beach - Access Deeded, Gulf/Ocean, Gulf/Ocean to Bay, Intracoastal Waterway
Water Frontage
Bay/Harbor, Gulf/Ocean
Pets
Allowed
Max Pet Weight
30
Pet Size
Small (16-35 Lbs.)
Floor Number
2
Flood Zone Code
AE
Parcel ID
7993710409
Legal Description
UNIT 6 MCCALLS BEACH CASTLE CONDOMINIUM PI#79937.1040/9

Listing courtesy of CENTURY 21 BEGGINS ENTERPRISES. 941-387-8888

Selling Office: TNG REAL ESTATE.

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