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5311 GULF OF MEXICO DRIVE UNIT 6

Condo/Co-op For Sale
$865,000

BTC: 8.00925926

ETH: 215.71072319

2 days
Waterfront
2 bds
2 ba
1,110 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

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

Facts and features

Type:
Residential
Parking:
No Data
Year Built:
1973
Lot:
No Data
Heating:
Central
Price/sqft:
$779
Cooling:
Central Air
HOA:
$1,499
All facts and features
  • Flooring

    • Ceramic Tile

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Electric Water Heater

    • Microwave

    • Range

    • Refrigerator

    Other interior features

    • Ceiling Fan(s)

    • Kitchen/Family Room Combo

    • Open Floorplan

    • Thermostat

    • Window Treatments

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Property

    • Levels: One

    • Pool Private: Yes

    • Exterior Features: Irrigation System / Lighting / Outdoor Grill / Rain Gutters / Sliding Doors

    Other Property Information

    • Parcel Number: 7993710409

    • Zoning: R4MX

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Utility

    • BB/HS Internet Available

    • Cable Connected

    • Electricity Connected

    • Phone Available

    • Sewer Connected

    • Street Lights

    • Underground Utilities

  • Other financial information

    • HOA: $1,499

    • HOA Frequency: Monthly

    • Annual tax amount: $9,167

  • Source details

    • MLS ID: A4632456

    Other facts

    • Construction Materials: Block / Stucco

    • Foundation Details: Slab

    • Laundry Features: Common Area

    • Lot Features: Cleared

    • Patio And Porch Features: Covered / Screened / Side Porch

    • Pool Features: Child Safety Fence / Heated / Lighting

    • Direction Faces: East

    • Architectural Style: Bungalow

    • Waterfront: Yes

    • Water Body Name: Sarasota Bay/Gulf Of Mexico

    • Living Area: 1110

    • Water Source: Public

    • Subdivision Name: MCCALLS BEACH CASTLE

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: CENTURY 21 BEGGINS ENTERPRISES