Active

$1,199,000

Features:
  • 2 Bedrooms
  • 2 Bathrooms
  • 1028 sq ft
Overview
  • ID: MFRA4635657
  • Bedrooms: 2
  • Bathrooms: 2
  • Size: 1028 sq ft
Property Details
Remarks
Turnkey furnished and ready to enjoy or rent, this charming beachfront retreat on Longboat Key offers the perfect blend of coastal living and investment potential. Situated directly on the pristine shores of the Gulf of Mexico, this two-bedroom residence grosses an average of six figures in annual rental income, making it an exceptional opportunity for personal enjoyment or weekly rentals. Set within Beach Castle Resort, this first-floor, direct Gulf-front property boasts breathtaking water views and effortless beach access just steps from the outdoor entertaining spaces. Inside, the light-filled interior features oversized tile flooring, updated windows and sliders (2009), and a granite kitchen with modern cabinetry, appliances, and upgraded plumbing and electrical systems (2006). The open-concept layout seamlessly connects the kitchen, living, and dining areas, with sliders leading to an inviting patio and a screened-in space ideal for relaxation. The two-bedroom split layout ensures privacy for guests. The primary suite enjoys private patio access and serene Gulf views, creating a peaceful retreat for owners and visitors alike. Beach Castle Resort is one of the rare Longboat Key communities offering flexible daily, weekly, or monthly rental programs. Residents and guests appreciate the beach-to-bay amenities, including deeded beach access, barbecue grilling areas, a sundeck with a heated swimming pool and spa, a fishing pier, and a day dock for boating enthusiasts (no overnight docking, first-come basis). The north end of Longboat Key offers a relaxed, tropical lifestyle. Bayfront Park and Cedars Tennis Resort are minutes away, while the southern end of the island brings the liveliness of the Longboat Key Club, fine dining, boutique shopping at St. Armands Circle, and the cultural attractions of downtown Sarasota. This beachfront retreat is an ideal escape, combining Gulf-front tranquility with exceptional rental income potential.
Financial Considerations
Price:
$1,199,000
HOA Fee:
0
Tax Amount:
$12052
Price per SqFt:
$1166.34
Tax Legal Description:
UNIT 3 MCCALLS BEACH CASTLE CONDOMINIUM PI#79937.1025/9
Exterior Features
Lot Size:
N/A
Lot Features:
Flood Insurance Required, FloodZone, In County
Waterfront:
Yes
Parking Spaces:
N/A
Parking:
Guest, Open
Roof:
Built-Up
Pool:
No
Pool Features:
Deck, Gunite, In Ground, Lighting
Interior Features
Bedrooms:
2
Bathrooms:
2
Heating:
Central, Electric
Cooling:
Central Air
Appliances:
Dishwasher, Disposal, Microwave, Range, Refrigerator
Furnished:
Yes
Floor:
Tile
Levels:
One
Additional Features
Property Sub Type:
Condominium
Style:
N/A
Year Built:
1973
Construction Type:
Block, Stucco
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
East
Pets Allowed:
No
Special Condition:
None
Additional Features:
Lighting, Sidewalk, Sliding Doors, Storage
Additional Features 2:
SEE DOCUMENTS
Map
  • Address
    5311 GULF OF MEXICO DR #3
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