Active

5311 GULF OF MEXICO DR #3

LONGBOAT KEY FL, 34228

$1,199,000


$1,166.34 per sqft

Active

2 Beds

2 Baths

1,028 sqft

Condos

Built in 1973

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.

A4635657

MLS ID

January 23, 2025

Listed

March 13, 2025

Updated

Interior Features

Total Stories

2


Bedrooms

2


Total Bathrooms

2


Full Bathrooms

2


Interior Features

Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Stone Counters, Tray Ceiling(s), Window Treatments


Appliances

Dishwasher, Disposal, Microwave, Range, Refrigerator


Laundry Description

Same Floor As Condo Unit


Floor Description

Tile


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central, Electric

Exterior/Building Features

Exterior Features

Lighting, Sidewalk, Sliding Doors, Storage


Lot Features

Flood Insurance Required, Flood Zone, In County


Architectural Style

Custom


Roof

Built-Up


Sewer

Public Sewer


Patio And Porch

Patio, Rear Porch, Screened


Window

Shutters, Window Treatments

Other Property Details

Area Name

34228 - Longboat Key


Taxes

$12,052


Tax Frequency

Annually


Days on Market

22


Association Fee

$1,348


Association Fee Frequency

Monthly


Association Amenities

Laundry, Maintenance, Pool, Recreation Facilities, Spa/Hot Tub


Garage

No


Parking

Guest, Open


View

Yes


View Description

Water


County

Manatee


Municipality

35


Water Source

Public


Pets Allowed

Yes


Pool Features

Deck, Gunite, In Ground, Lighting


Waterfront

Yes


Waterfront Features

Beach Front, Gulf/Ocean


Utilities

Cable Available, Electricity Connected, Phone Available, Public, Sewer Connected, Underground Utilities, Water Connected


Zoning

R4MX

Listed by COLDWELL BANKER REALTY
Listing Contact: 941-383-6411 

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program of Stellar MLS. Information provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Steve Slocum participates in the Stellar MLS Internet Data Exchange (IDX) program, allowing display of other Stellar MLS broker's listings on this site. However, may not include all listings currently available. Information is deemed reliable but not guaranteed. 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.  Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

©2025 Stellar MLS. All rights reserved. 

Data last updated 3/13/2025, 5:14 PM UTC

Powered byLuxury Presence