5311 GULF OF MEXICO DRIVE LONGBOAT KEY FL 34228 Sold 02/05/2025





Overview of 5311 Gulf Of Mexico Dr #6
Yes
Unbelievable opportunity here now. Gulf front beauty in the over-the-top charming community of beach castle on longboat key. Nestled in the heart of longboat key in the coveted 5000 block with easy walking access to restaurants, shops, clubs, gyms, parks and much more. Updated 2 bed / 2 bath with beautiful gulf views right on the sand of some of the finest white powdery sand in the state of florida. Open floor plan with kitchen overlooking the dining and family room. Oversized bedrooms with primary having sliders leading to lanai and capturing the gulf view,. The guest bedroom has enough room for two full-size beds. The kitchen was improved with upgraded appliances, cabinetry, and granite countertops. The property is offered turnkey furnished. Beach castle is zoned for short term rental allowance. A rare allowance on longboat key. This property generated just over $58,000 in rental income for 2024 on less than 50% annual tenant occupancy. So good numbers on the books with room for improvement. beach castle, a beach-to-bay resort, is one of the few complexes on the island that is permitted for short term rental allowance. Make money, cover ownership expense and use at your leisure all combined. Centrally located in mid-longboat key and nearby hotspots & community activities and just a short drive to st. Armands circle, downtown sarasota, anna maria island, etc. The property is offered turnkey furnished. Beach castle offers a heated pool, hot tub, bbq grills, complimentary internet access by the pool, laundry facilities, fishing dock, shared boat docks (first-come, first-served basis with 26' boat limit), a place to launch your kayak, tennis courts available (at the neighboring property), bay access, private beach access with complimentary lounge chairs & umbrellas. This popular key west-style boutique community has years of repeat renters with exquisitely landscaped grounds peppered with lush tropical color. Don't let this opportunity pass. Start living your dream today with a place to get away from it all, walk on the white sandy beaches, relish in the florida sunshine and own a profitable investment property.
This lovely condo was built in 1973 and features 2 bedrooms, and 2 full bathrooms. This condo for sale is 1,260 square feet, with 1,110 sq ft being air conditioned living space. The condo has a private swimming pool.
Directions to this property are as follows: Gulf Of Mexico Dr. To 5000 Block. Turn West In Gulf Side Of Complex At 5311 Gulf Of Mexico Dr.
Please contact your ZFC agent for more information about MLS# MFRA4632456 or any other condos for sale in Longboat Key or elsewhere in the Manatee County area.
5311 Gulf Of Mexico Dr #6 Price Calculator
The payment calculator figures for 5311 Gulf Of Mexico Dr #6 should be used as an estimate only. Loan terms including interest rate, and required downpayment will vary with each lender and/or individual. RE taxes for this condo for sale are estimated based on the actual property taxes for this property for the tax year 2024 which are $9,167 but will likely change when this condo sells. These estimations are calculated from a list price of $865,000 and a 25% down payment and do not include homeowners insurance which will vary greatly depending on the condo characteristics and location.
Recent Condo Sales near 5311 Gulf Of Mexico Dr #6
MLS# MFRA4632456 Listing History

Map of 5311 Gulf Of Mexico Dr #6 Longboat Key FL 34228
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