5311 Gulf Of Mexico Drive #8 Longboat Key, FL 34228

$567,500 Price History
1,110 Sq.Ft. On Site: 70 Days
2 Beds
2 Baths
Built: 1973
Excellent opportunity to own 2 bed/2 bath Gulf Front/GulfView Longboat Key condo for you to enjoy & earn excellent income during times you aren't there. Rarely available Gulf Front/View condo allows nightly rentals which maximize income. 1 of 9 rare units in the Gulf side of Beach Castle complex. Beautiful elevated Gulf views from master & large lanai. Stunning sunset views on nightly basis. Well appointed & in excellent condition. Offered turn-key furnished. Beach Castle, a beach-to-bay resort, is one of the few complexes on the island that is permitted to rent units on short-term basis. Make money, cover ownership expense & use at your leisure all combined. Centrally located mid-Longboat Key near hot spots, community activities & short drive to St. Armand's Circle & Downtown Sarasota. Offers heated pool, hot tub, BBQ, grills, internet access by pool, laundry facilities, fishing dock, shared boat docks (first-come, first-serve w/ 26' boat limit), kayak launch area, tennis courts (at neighboring property), bay access, private beach access w/ complimentary lounge chairs & umbrellas. Key West style boutique community has years of repeat renters w/ landscaped grounds peppered w/ lush tropical color. Start living your dream today w/ a place to get away from it all, walk on white sandy beaches, relish in Florida sunshine AND own profitable investment property. Annual average of $45k in gross rental production w/ current owner occupying annually every Jan & Feb averaging appx $6k in lost rental production.
Property Type:Condominium
MLS #:A4423780
Year Built:1973
Sq. Feet:1110
On Site:70 Days
Lot Size:2.33 Acres

Detailed Maps

Price Change History

Date Old Price New Price Percent Change

Community Information

Address:5311 Gulf Of Mexico Drive #8 Longboat Key, FL 34228
Zip Code:34228

School Information

High School:Bayshore High
Middle School:Martha B. King Middle
Elementary School:Anna Maria Elementary


Unit Number:#8
Bedrooms: 2
Bathrooms: 2
Year Built:1973
Construction Type: Block, Stucco
Building Description: End Unit
Flooring Types: Ceramic Tile
Roof: Built-Up, Membrane, Metal
Foundation: Slab
Parking: Open, Other

Features / Amenities

Total Sq. Ft.:1110
Interior Features: Kitchen/Family Room Combo, Living Room/Dining Room Combo
Appliances: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
Furnished: Turnkey
Exterior Features: Irrigation System, Lighting, Outdoor Grill, Outdoor Kitchen, Sidewalk, Sliding Doors, Tennis Court(s)
Pool: Community
Patio / Porch: Covered, Screened
Screened Patio / Porch / Deck: Yes
OtherStructures: Tennis Court(s)
Heating And Fuel: Central, Heat Pump
Air Conditioning: Central Air


Living RoomFirst Level14x14
Master BedroomFirst Level16x12
Dining RoomFirst Level12x14
KitchenFirst Level8x12
Bedroom 2First Level15x12
Balcony/Porch/LanaiFirst Level8x15

Property Features

Lot Size: 2.33 Acres / 101417 Sq. Ft.
Lot Location / Description: FloodZone, Sidewalk
Vegetation: Mature Landscaping, Trees/Landscaped
Water Access: Beach - Private, Gulf/Ocean
Water Frontage: Beach - Private, Gulf/Ocean
Water View: Gulf/Ocean - Partial
Waterfront Feet: 300
Water Name: Gulf Of Mexico & Sarasota Bay
Lot #: 0
Water Extras: Bridges - No Fixed Bridges, Dock - Open, Dock - Wood, Dock w/Electric, Dock w/Water Supply
View: Water
Additional Water Information: This is a beach to bay community. Dock on Bay side and deeded beach frontage on Gulf side. Grills, showers, picnic table, lounge chairs at access.
Flood Zone: VE
Features Utilities: BB/HS Internet Available, Cable Connected, Phone Available, Public, Sewer Connected, Street Lights, Underground Utilities
Sewer: Public Sewer
Water Source: Public
Directions:Gulf of Mexico Dr to west at 5311 Gulf of Mexico Dr, unit #8 is upstairs.

Tax and Financial Info

Taxes: 6387
Homestead: No
Realtor Info: Assoc approval required, Docs Available, Foreign Seller, Lease Restrictions, See Attachments, Subject to Approval
Minimum Lease: 1-7 Days
Square Foot Source: Public Records
HOA Payment Schedule: Monthly
HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Exterior, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Pool Maintenance, Private Road, Recreational Facilities, Sewer, Trash, Water
Monthly Condo Fee Amount: $1,117
Pets Allowed: Number Limit, Size Limit, Yes
Pet Restrictions: Owners only. Tenants no pets.

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Listing Information Last Updated 3/21/2019
Listing provided courtesy of Century 21 Beggins Enterprises.
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MFRMLS data last updated at March 21, 2019 4:27:26 AM PST.
Property Summary:
Home for sale at .

Description: The home at 5311 Gulf Of Mexico Drive #8 Longboat Key, FL 34228 with the MLS Number A4423780 is currently listed at $567,500 and has been on the Longboat Key market for 69 days.


List Price: $567,500

You are viewing the MLS property details of the home for sale at 5311 Gulf Of Mexico Drive #8 Longboat Key, FL 34228, which includes 2 bedrooms, 2 bathrooms and has approximately 1110 sq.ft. of living area.