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

(Active)
$1,350,000
|
2 beds, 2 Full baths, 1,028 sqft
|
MLS# A4604824
Last Updated: 5/16/2024 10:56 PM
Description for 5311 Gulf Of Mexico Drive #3 Longboat Key, FL 34228
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!
Price
$1,350,000
MCCALLS BEACH CASTLE
Manatee
2
2 Full
1,028 (approx)
A4604824
Active
Description
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!
Listing Information
Property Type: Condo, Townhouse, 1 Story, Condo
2 2 Full
6 1.01 Acres 1,028 (approx)
1973 1 Stucco
35S//
MCCALLS BEACH CASTLE
Slab
Public
Public Sewer
Cable Available, Cable Connected, Phone Available, Sewer Connected, Underground Utilities, Water Connected
Neighborhood
School Information
Anna Maria Elementary Martha B. King Middle Bayshore High
Room Information
Bathrooms
2
Common Area
Eat-in Kitchen
Interior Features
Convection Oven, Dishwasher, Microwave, Refrigerator
Tile
Central Air
Other, Central
Eat-in Kitchen
Exterior / Lot Features
Off Street
Stucco
Covered, Enclosed, Screened
Concrete
InGround
Gunite, In Ground
Heated, In Ground
Water
R4MX
Outdoor Grill, Tennis Court(s), Landscaped, Waterfront
Driving Directions
Gulf of Mexico Dr to 5000 block, turn west into community.
Financial Considerations
$1,301 Monthly
7993710259
$12,052
Cash, Conventional
Listing Price History

Longboat Key Real Estate

Longboat Key is located in Florida. Longboat Key, Florida 34228 has a population of 7,247.

The median household income in Longboat Key, Florida 34228 is $122,711. The median household income for the surrounding county is $64,847 compared to the national median of $66,222. The median age of people living in Longboat Key 34228 is 47 years.

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Courtesy: PREFERRED SHORE, 941-999-1179


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This content last refreshed on 5/16/2024 10:56 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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