$798,600
$798,600
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5311 GULF OF MEXICO DR #8 Longboat Key, FL 34228
2 Beds
2 Baths
1,110 SqFt
Key Details
Sold Price $798,600
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 1,110 sqft
Price per Sqft $719
Subdivision Mccalls Beach Castle
MLS Listing ID A4556066
Bedrooms 2
Full Baths 2
Condo Fees $1,366
Year Built 1973
Annual Tax Amount $7,804
Lot Size 1.010 Acres
Property Description
This is an excellent opportunity for an owner/investor to enjoy Longboat Key's beautiful ten-mile beach and take in its magnificent sunsets from this two-bed two-bath 1,110 sf second-story condo that looks out to the Gulf of Mexico from the screened lanai. This turnkey furnished unit is clean and well maintained, with tile floors throughout. Master bedroom is en-suite and opens to the lanai with its water view of the Gulf. Second bedroom, also en-suite, accommodates two full beds with room to spare. Kitchen was completely redone in 2020. Bathrooms are original, in case your imagination needs work. Other amenities include a heated swimming pool and spa on Bayside, along with a community dock (first-come, first served) and kayak launch. Your Gulfside complex offers BBQ grille, separate laundry room, and provides beach chairs and umbrellas on the white-sand beach. Beach Castle's rental policy accommodates minimum 1-7 day tenancies, with in-house management provided by RVA. Seller reports 2022 gross revenue is over $81,000. Owners (and their tenants) can also utilize Cedars East's sports amenities just up the road, which include a Junior Olympic pool, ten lighted Har-Tru tennis courts, 24/7 fitness center and bicycles, all for a nominal membership fee. Beach Castle is also pet-friendly for an owner's small-dog. (not tenants). The mid-Key location puts you in the middle of LBK's fine restaurants and offers St. Armand's shopping and Sarasota's city life when you enjoy your stay here so, please come and see what we are offering before it goes viral. PS... Did we mention this is an "excellent opportunity for an owner/investor" to experience what Longboat Key feels like if you're still committed elsewhere?
Location
State FL
County Manatee
Community Mccalls Beach Castle
Zoning R4MX
Interior
Heating Electric
Cooling Central Air
Flooring Ceramic Tile
Laundry Other
Exterior
Exterior Feature Balcony, Irrigation System, Lighting, Outdoor Grill, Outdoor Shower, Sidewalk, Sliding Doors
Parking Features Open
Pool Heated, In Ground
Community Features Deed Restrictions, Fishing, Pool, Water Access, Waterfront
Utilities Available BB/HS Internet Available, Cable Connected, Electricity Connected, Public, Street Lights, Underground Utilities, Water Connected
Amenities Available Cable TV, Dock, Laundry, Pool, Spa/Hot Tub
Waterfront Description Gulf/Ocean
View Y/N 1
View Trees/Woods, Water
Roof Type Built-Up, Other
Building
Lot Description FloodZone
Story 2
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Block, Stucco
New Construction false
Others
Monthly Total Fees $1, 366
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition None
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