Price: $1,350,000
Beds: 2
Baths: 2
Living Area SqFt: 1,028
Status: Active
Property Type: Condo – Hotel
Lot Size Acres: 1.01
Lot Size SqFt: 44,121
Year Built: 1973
Neighborhood: Mccalls Beach Castle
Days on Website: 41

Courtesy of MCKAY MANAGEMENT & REALTY {attribution_contact}

Property 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!

Property Details and Features

  • Building
  • Living Area Meters: 95.50
  • Room Count: 6
  • Architectural Style: “Florida”
  • Building Area Total: 1124
  • Building Area Units: Square Feet
  • Construction Materials: “Stucco”
  • Direction Faces: East
  • Levels: “One”
  • Living Area: 1028
  • Stories Total: 1
  • Year Built: 1973
  • Fees
  • Total Annual Fees: $15,623
  • Total Monthly Fees: $1,302
  • Water Features
  • Water Access: Gulf/Ocean to Bay
  • Water Extras: Fishing Pier
  • Water View: Gulf/Ocean – Full,Gulf/Ocean to Bay
  • Water Front Features: “Gulf/Ocean to Bay”
  • Home Owner’s Association
  • Association Email: cnewell@camgtfl.com
  • Association Fee Requirement: Required
  • Monthly HOA Amount: $1,302
  • Association Fee Frequency: Monthly
  • Association Fee: $1301.92
  • Association Name: Chad Newell
  • Listing
  • End Date of Lease: 2025-03-26
  • Available For Lease
  • Existing Lease Tenant
  • Minimum Lease: 1-7 Days
  • Calculated List Price By Calculated Sq Ft: $1,313
  • Unit Number: 3
  • Lot
  • Lot Size Square Meters: 4099
  • Total Acreage: 1 to less than 2
  • Features: “Landscaped”, “Sidewalk”
  • 1.01 acres
  • 44121 square feet
  • View: “Water”
  • Miscellaneous
  • Number Times per Year: 365
  • Pets Policy
  • Number Of Pets: 2
  • Pet Size: Small (16-35 Lbs.)
  • Pets Allowed: “Dogs OK”, “Number Limit”, “Size Limit”
  • Property
  • Property Description: Corner Unit
  • Other Structures: “Tennis Court(s)”
  • Patio and Porch Features: “Covered”, “Enclosed”, “Screened”
  • Zoning: R4MX
  • Property Access
  • Road Surface: “Gravel”
  • Appliances & Equipment
  • Appliances: “Convection Oven”, “Dishwasher”, “Microwave”, “Refrigerator”
  • Bathrooms
  • 2 full bathrooms
  • Bedrooms
  • Bedrooms Total: 2
  • Community
  • Community Features: “Fitness Center”, “Pool”, “Tennis Courts”
  • Cooling
  • Cooling: “Central Air”
  • Disclosures
  • Disclosures: “Condominium Disclosure Available”, “HOA/PUD/Condo Disclosure”, “Seller Property Disclosure”
  • Exterior Features
  • Exterior Features: “Outdoor Grill”, “Sidewalk”, “Tennis Court(s)”
  • Floors
  • Flooring: “Tile”
  • Foundation
  • Foundation Details: “Slab”
  • Heating
  • Heating: “Central”
  • Interior Features
  • Interior Features: “Ceiling Fans(s)”, “Eat-in Kitchen”, “Kitchen/Family Room Combo”
  • Laundry
  • Laundry Features: “Common Area”
  • Location
  • County or Parish: Manatee
  • Subdivision: MCCALLS BEACH CASTLE
  • Township: 35S
  • Parking
  • Parking Features: “Off Street”
  • Pool
  • Pool Features: “Deck”, “Gunite”, “In Ground”, “Lighting”
  • Spa Features: “Heated”, “In Ground”
  • Roof
  • Roof: “Concrete”
  • Schools
  • Elementary School: Anna Maria Elementary
  • Middle Or Junior School: Martha B. King Middle
  • High School: Bayshore High
  • Sewer
  • Sewer: “Public Sewer”
  • Utilities
  • Utilities: “BB/HS Internet Available”, “Cable Connected”, “Phone Available”, “Sewer Connected”, “Underground Utilities”, “Water Connected”
  • Water Source: “Public”

Property Map

$1,350,000 – 5311 Gulf Of Mexico Drive Unit 3, Longboat Key, FL 34228

Street View

Nearby Schools

Request More Information

Schedule a Showing

This content last updated on May 6, 2024 13:37. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.