5311 Gulf Of Mexico Drive 3, LONGBOAT KEY, FL 34228
- $1,350,000MLS® # A4604824
- 2 Bedrooms
- 2 Bathrooms
- 1,028 SQ. Feet
- 1973 Year Built
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!
Property
Location
- NeighborhoodMCCALLS BEACH CASTLE
- Address5311 Gulf Of Mexico Drive 3
- CityLONGBOAT KEY
- StateFL
Size And Restrictions
- Acres1.01
- Lot DescriptionLandscaped, Sidewalk
Improvements
- FenceNo
- SprinklerNo
Features
- ViewWater
Market
- Date ListedMarch 26th, 2024
- Days On Market34
- Estimated Payment
Interior
Bedrooms And Bathrooms
- Bedrooms2
- Bathrooms2.00
Heating And Cooling
- HeatingCentral
- Air ConditioningCentral Air
Interior Features
- AppliancesConvection Oven, Dishwasher, Microwave, Refrigerator
- FeaturesCeiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo
Building
Building Information
- Year Built1973
- # Of Stories1
- RoofConcrete
Property Features
- Exterior FeaturesOutdoor Grill, Sidewalk, Tennis Court(s)
Garage And Parking
- GarageOff Street
Community
Schools
- ElementaryAnna Maria Elementary
- MiddleMartha B. King Middle
- HighBayshore High
Info
- OfficeMCKAY MANAGEMENT & REALTY
Map & Directions
All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified.
Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.
Listing data comes from My Florida Regional MLS DBA Stellar MLS.
Listing information last updated on April 29th, 2024 at 9:04am EDT.