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5311 GULF OF MEXICO DRIVE UNIT 5

Condo/Co-op For Sale
$799,000

BTC: 12.29230769

ETH: 443.88888889

38 days
Waterfront
2 bds
2 ba
1,110 sqft

Overview

Turnkey furnished and positioned just steps from the Gulf’s sandy shoreline, this first-floor residence at Beach Castle on Longboat Key offers a compelling combination of coastal living and proven rental potential. With flexible daily or weekly rental allowances, this two-bedroom retreat presents an exceptional opportunity for personal use, income generation, or both. The light-filled interior features an open layout designed for ease and comfort, where the kitchen, dining, and living areas flow together naturally. Oversized tile flooring, updated impact glass, and sliding doors enhance both durability and livability, while the kitchen is well-appointed with granite countertops, solid wood cabinetry, stainless steel appliances, and built-in shelving—creating a functional space for everyday living or hosting. Floor-to-ceiling sliders lead to a private patio and screened lanai, offering a seamless transition to the outdoors and placing you just moments from the beach. The split-bedroom plan provides added privacy, with the primary suite enjoying direct access to the outdoor space, while the guest bedroom is comfortably sized with its own en-suite bath. Set within the boutique Beach Castle community, residents enjoy a unique beach-to-bay lifestyle with deeded Gulf access, a heated swimming pool and spa, grilling areas, and a fishing pier with day dock on Sarasota Bay. Lush landscaping and well-maintained grounds create a relaxed, resort-style setting that enhances both owner enjoyment and guest appeal. Located on the desirable north end of Longboat Key, this property is just minutes from Bayfront Park, Cedars Tennis Resort, and the island’s scenic biking and walking paths. A short drive south brings you to the Longboat Key Club, St. Armands Circle’s dining and boutiques, and downtown Sarasota’s renowned cultural venues, waterfront parks, and year-round events. With strong rental history, immediate beach access, and a turnkey presentation, this Beach Castle residence offers a rare opportunity to enjoy the best of Longboat Key—whether as an investment, a private getaway, or a combination of both.

Location

Details

Type:
Residential
Parking:
Assigned / Guest
Year Built:
1973
Lot:
1.01 Acres
Heating:
Central / Electric
Price/sqft:
$720
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$535,000
$188K – $798K
Confidence Low
List vs. estimate
$264K above estimate
List $799,000 · +49.3%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$719
+13.2% vs. city median $635
Based on
16 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$3,363
2025
Pool
Deck
View
Water
Waterfront
Bay/Harbor Front, Gulf/Ocean Front
Furnished
Turnkey
Pets
Allowed
All facts and features
  • Flooring

    • Tile

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Microwave

    • Range

    • Refrigerator

    Other interior features

    • Ceiling Fan(s)

    • Eating Space In Kitchen

    • Living Room/Dining Room Combo

    • Open Floorplan

    • Solid Wood Cabinets

    • Stone Counters

    • Tray Ceiling(s)

    • Window Treatments

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Parking

    • Assigned

    • Guest

    Property

    • Levels: One

    • Exterior Features: Lighting / Sidewalk / Sliding Doors

    Lot

    • Lot: 1.01 Acres

    Other Property Information

    • Parcel Number: 7993710359

    • Zoning: R4MX

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Utility

    • Cable Available

    • Electricity Connected

    • Phone Available

    • Public

    • Sewer Connected

    • Underground Utilities

    • Water Connected

  • Other financial information

    • HOA Frequency: Monthly

    • Annual tax amount: $3,363

  • Source details

    • MLS ID: A4691314

    Other facts

    • Construction Materials: Block / Stucco

    • Foundation Details: Slab

    • Laundry Features: Common Area / Same Floor As Condo Unit

    • Lot Features: In County / Landscaped / Oversized Lot

    • Patio And Porch Features: Deck / Rear Porch / Screened

    • Pool Features: Deck / Gunite / In Ground / Lighting

    • Window Features: Blinds / Storm Window(s)

    • Direction Faces: East

    • Architectural Style: Custom

    • Waterfront: Yes

    • Living Area: 1110

    • Water Source: Public

    • Subdivision Name: MCCALLS BEACH CASTLE

Private inquiry
Talk to the advisor on this listing.
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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 ©2026-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: COLDWELL BANKER REALTY