$1,350,000 ($1,313.23 per sqft)

Est. Mortgage $7,095/mo *

Quick Pre-Approval

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

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

6 rooms

2 beds

2 Full baths

1973

Florida

1,028 sqft

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!


Status:

Active

Type:

Condo/Coop

Laundry Remarks:

Common Area

Complex:

MCCALLS BEACH CASTLE

Garage:

Off Street

Heating:

Central

Cooling:

Central Air

Levels:

1

Common Charge:

$1,302 Monthly

Acreage:

1.01

Est. Taxes:

$12,052

HOA Fee

$1,302

Construction

Stucco

Utilities

BB/HS Internet Available, Cable Connected, Phone Available, Sewer Connected, Underground Utilities, Water Connected

Lot Description:

Landscaped, Sidewalk

View Description:

Water

Elementary School:

Anna Maria Elementary

Middle School:

Martha B. King Middle

High School:

Bayshore High

Days on Market:

2

Pet Policy:

Dogs OK, Number Limit, Size Limit

Appliances:

Convection Oven, Dishwasher, Microwave, Refrigerator

Pool:

Deck, Gunite, In Ground, Lighting

Min Lease Term:

1-7 Days

MLS #:

A4604824


Community Info

School Info

Walk Score

Yelp



Listing courtesy of MCKAY MANAGEMENT & REALTY Phone: 815-483-5052