5311 GULF OF MEXICO DR #6 Active Save Request In-Person Tour Request Virtual Tour
Longboat Key,FL 34228
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 1,110 sqft
Price per Sqft $779
Subdivision Mccalls Beach Castle
MLS Listing ID A4632456
Bedrooms 2
Full Baths 2
HOA Fees $1,499/mo
Year Built 1973
Annual Tax Amount $9,167
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.
Location
State FL
County Manatee
Community Mccalls Beach Castle
Zoning R4MX
Interior
Heating Central
Cooling Central Air
Flooring Ceramic Tile
Laundry Common Area
Exterior
Exterior Feature Irrigation System,Lighting,Outdoor Grill,Rain Gutters,Sliding Doors
Pool Child Safety Fence,Heated,Lighting
Community Features Buyer Approval Required,Deed Restrictions,Pool,Sidewalks
Utilities Available BB/HS Internet Available,Cable Connected,Electricity Connected,Phone Available,Sewer Connected,Street Lights,Underground Utilities
Amenities Available Cable TV,Laundry,Maintenance,Pool,Spa/Hot Tub,Storage,Tennis Court(s)
Waterfront Description Bay/Harbor,Gulf/Ocean
View Y/N Yes
Water Access Yes
View Water
Roof Type Metal
Building
Lot Description Cleared
Story 2
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Block,Stucco
New Construction false
Schools
Elementary Schools Anna Maria Elementary
Middle Schools Martha B. King Middle
High Schools Bayshore High
Others
Monthly Total Fees $1,499
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition None