Date
Details
Price
Change
Source
1/23/2025
Listed
$1,199,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/27
$1,199,000 Just Listed
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1/27
Property Description
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 (SEE REALTOR REMARKS), 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.
Full Property Details
Full Property Details for 5311 Gulf of Mexico Dr #3
General
- Price: $1,199,000
- HOA FEE: $1,348/month
- Taxes: $12,052 (2023)
- Status: Active
- Type: Condo
- Source: MidFloridaRegionalMLS
- MLS ID: A4635657
- Updated: 1/23/2025
- Added to Site: 1 day(s) ago
Rental Information
- Min. Lease: 1-7 Days
Interior
- Number of Rooms: 6
- Interior Features: Ceiling Fan(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
- Furnishings: Furnished
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Same Floor As Condo Unit
Additional Information
- Shared Amenities: Laundry, Maintenance, Pool, Recreation Facilities, Spa/Hot Tub
- Pool Description: Deck, Gunite, In Ground, Lighting
- Spa: Yes
- Spa Description: Heated, In Ground
Exterior
- Exterior Features: Lighting, Sidewalk, Sliding Doors, Storage
- Deck/Patio: Patio, Rear Porch, Screened
- Porch/Patio/Deck: Patio, Rear Porch, Screened
Parking
- Parking Features: Guest, Open
Location
- Area: 34228 - Longboat Key
- County: Manatee
- Development Name: 34228 - Longboat Key
- Subdivision: MCCALLS BEACH CASTLE
- Driving Directions: Gulf of Mexico Dr to 5000 block, turn west into community
- Direction Faces: East
Community
- Community Name: 34228 - Longboat Key
- Community Features: Bay/Harbor Front, Dock, Gulf/Ocean Front, Water Access, Association Recreation - Owned, Buyer Approval Required, Community Mailbox, Pool
- Optional Amenities: Laundry, Maintenance, Pool, Recreation Facilities, Spa/Hot Tub
- Association: Yes
- Assoc. Name: MCCALLS BEACH CASTLE CONDO ASSOCIATION
- Assoc. Fees Include: Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Recreational Facilities, Sewer, Trash, Water
- Number of Pets: 2
- Pet Restrictions: 2 PETS ALLOWED, 30 LBS MAX. TENANTS, NO PETS., / 30lbs.
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water District: Gulf Of Mexico
- Water: Public
- Utility Description: Cable TV Available, Electricity Connected, Phone Available, Public, Sewer Connected, Underground Utilities, Water Connected
Structural Information
- Architectural Info: Custom
- Architectural Style: Custom
- Exterior Const.: Block, Stucco
- Roof: Built-Up
- Windows: Shutters, Window Treatments
- Stories/Levels: One
- Square Feet: 1,028
- Sq. Ft. Source: Public Records
- Year Built: 1973
Lot Features
- Property View: Water
- Street/Road Desc.: Paved
Water Features
- Water Front: Yes
- Water View: Yes
- Water Access: Yes
- Water Access Desc: Bay/Harbor, Beach - Access Deeded, Gulf/Ocean
- Water Extras: Yes
- Water Front Name: Gulf Of Mexico
- Water Front Desc.: Bay/Harbor Front, Gulf/Ocean Front, Beach, Gulf/Ocean
Financial Considerations
- Assoc Fee Freq.: Monthly
- Assoc Fee Desc.: Required
- Condo Fee: $1,348
- Condo Fee Freq: Monthly
- Tax Amount: $12,052
- Tax Year: 2023
Disclosures and Reports
- Ownership: Condominium
- Special Conditions: None
- Legal Description: UNIT 3 MCCALLS BEACH CASTLE CONDOMINIUM PI#79937.1025/9
- Flood Zone Info: AE
- Disclosures/Reports: Condominium Disclosure Available, Flood Disclosure, Lead Paint, Seller Property Disclosure
- APN: 7993710259
- Property ID: 7993710259
Buyer's Brokerage Compensation: Contact Listing Agent
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— 5311 Gulf of Mexico Dr #3 —
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 5311 Gulf of Mexico Dr #3
School District:Manatee County Public Schools
| Rating | Name | Grades | Distance |
|---|---|---|---|
|
4700 Gulf Dr, Holmes Beach, FL 34217 | K-5 | 7.2 mi | |
|
600 75th St Nw, Bradenton, FL 34209 | 6-8 | 6.7 mi | |
|
5401 34th St W, Bradenton, FL 34210 | 9-12 | 4.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5311 Gulf of Mexico Dr #3
Tax History
Tax History for 5311 Gulf of Mexico Dr #3
Year
Property Taxes
Change
Tax Assessment
Change
2024
$13,180
9%
$867,000
16%
2023
$12,052
31%
$748,000
40%
2021
$9,233
-11%
$535,000
-23%
2022
$10,338
12%
$693,000
31%
2021
$9,233
1%
$530,000
—
2019
$9,182
20%
$530,000
9%
2017
$7,644
—
$485,000
3%
2017
$7,644
8%
$469,170
13%
2016
$7,053
8%
$415,270
5%
2015
$6,509
11%
$395,530
14%
2014
$5,889
15%
$346,701
10%
2013
$5,135
—
$315,201
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5311 Gulf of Mexico Dr #3
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5311 Gulf Of Mexico Drive #3, Longboat Key, FL 34228 (MLS# A4635657) is a Condo property with 2 bedrooms and 2 full bathrooms. 5311 Gulf Of Mexico Drive #3 is currently listed for $1,199,000 and was received on January 23, 2025. This property is listed by Pettingell Professionals from our Longboat Key Office.Want to learn more about 5311 Gulf Of Mexico Drive #3? Do you have questions about finding other Condo real estate for sale in Longboat Key? You can browse all Longboat Key real estate or contact a Coldwell Banker agent to request more information.