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5311 Gulf Of Mexico Drive #3, Longboat Key, FL 34228 (MLS # A4604824)

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PRICE $1,350,000 dsIDX morgage calculator
BEDS 2
BATHS 2
HOME SIZE 1,028 sqft
LOT SIZE 1.01 ac

Welcome to your own piece of paradise right on the shores of Longboat Key! This is a rare opportunity for an owner/investor to enjoy all that Longboat Key has to offer while maximizing rental profits with daily rentals! Take in the bright blue waters through the sliding glass doors as soon as you step in to the two-bedroom two-bathroom 1,028 square foot space. This turnkey, furnished unit is clean and well maintained with tile floors throughout. The kitchen offers an open space with updated appliances and sparkling granite countertops. The primary suite offers an en-suite bathroom and opens up to the screened in lanai with water views of the gulf. The second bedroom also offers an en-suite bathroom with two queen beds and extra space for guests. Beach Castle Resort offers a bay to gulf property, with a heated swimming pool and spa on the bay side, including a community dock and kayak launch. The gulf side of the complex offers a BBQ grille, separate laundry room, and provides beach chairs and umbrellas for use on the sandy beach. Beach Castle's rental policy accommodates minimum 1 to 7 day tenancies, with in-house property management provided by RVA. Seller reports revenue of $142,000 in 2023. Owners and tenants alike are able to use Cedar's amenities and overflow parking just up the road which includes a junior Olympic pool, ten lighted tennis courts, 24/7 fitness center and bicycles. Beach Castle Resort is pet friendly for an owner's small dog. Right in the middle of LBK, in close proximity to restaurants, St. Armand's circle and downtown Sarasota. Part time or full time, this opportunity provides flexibility to enjoy the beach life!

DAYS ON MARKET 32 LAST UPDATED 3/27/2024
TRACT MCCALLS BEACH CASTLE YEAR BUILT 1973
COMMUNITY 34228 - Longboat Key COUNTY Manatee
STATUS Active PROPERTY TYPE(S) Condo/Townhouse/Co-Op

SCHOOLS
Elementary School Anna Maria Elementary
Jr. High School Martha B. King Middle
High School Bayshore High


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
APPLIANCES Convection Oven, Dishwasher, Microwave, Refrigerator
AREA 34228 - Longboat Key
BUYER'S BROKERAGE COMPENSATION 3%
CONSTRUCTION Stucco
EXTERIOR Outdoor Grill, Tennis Court(s)
HEAT Central
INTERIOR Eat-in Kitchen
LOT 1.01 acre(s)
LOT DESCRIPTION Landscaped, Waterfront
PARKING Off Street
POOL Yes
POOL DESCRIPTION Gunite, In Ground
SEWER Public Sewer
STORIES 1
STYLE Florida
SUBDIVISION MCCALLS BEACH CASTLE
TAXES 12051.97
UTILITIES Cable Available, Cable Connected, Phone Available, Sewer Connected, Underground Utilities, Water Connected
VIEW Yes
VIEW DESCRIPTION Water
WATER Public
WATER ACCESS GULF OF MEXICO, SARASOTA BAY
WATERFRONT Yes
WATERFRONT DESCRIPTION Ocean Front
ZONING R4MX
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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CONTACT US ABOUT 5311 GULF OF MEXICO DRIVE #3
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Listing provided by Brittany Anderson, MCKAY MANAGEMENT & REALTY
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 4/27/24 11:19 AM PDT.

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