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