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5311 GULF OF MEXICO DR #3, LONGBOAT KEY, FL 34228
5311 GULF OF MEXICO DR #3

5311 GULF OF MEXICO DR #3

5311 GULF OF MEXICO DR #3, LONGBOAT KEY, FL

$1,199,000

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HIGHLIGHTS
  • 2 Beds
  • 2 Full Baths
  • 1,028 Sq.Ft. Living
  • 1973 Year Built
  • For Sale Status
  • A4635657 MLS® ID
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.
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Roger Pettingell

Roger Pettingell

Luxury Waterfront Property Specialist & Founder
Phone

941-387-1840

Features and Amenities

Interior

  • Total Bedrooms2
  • Total Bathrooms2
  • Full Bathrooms2
  • Laundry roomSame Floor As Condo Unit
  • FlooringTile
  • APPLIANCESDishwasher, Disposal, Microwave, Range, Refrigerator
  • other interior FeaturesCeiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Stone Counters, Tray Ceiling(s), Window Treatments

Area & Lot

  • Status For Sale
  • Living Area1,028 Sq.Ft.
  • MLS® IDA4635657
  • TypeCondo
  • YEAR BUILT1973
  • neighborhoodLongboat Key
  • Architecture StylesCustom
  • water FrontageBeach Front, Gulf/Ocean
  • View DescriptionWater

Exterior

  • STORIES2
  • Water SourcePublic
  • utilitiesCable Available, Electricity Connected, Phone Available, Public, Sewer Connected, Underground Utilities, Water Connected
  • PoolDeck, Gunite, In Ground, Lighting
  • roofBuilt-Up
  • lot featuresFlood Insurance Required, Flood Zone, In County
  • parkingGuest, Open
  • HEAT TYPECentral, Electric
  • AIR CONDITIONINGCentral Air
  • sewerPublic Sewer
  • SubstructureSlab
  • HOA AmenitiesLaundry, Maintenance, Pool, Recreation Facilities, Spa/Hot Tub
  • other exterior FeaturesLighting, Sidewalk, Sliding Doors, Storage

Financial

  • Sales Price$1,199,000
  • Real Estate Tax $12,052/yr
  • HOA Fees $1,348/mo
  • Zoning R4MX

Longboat Key

Gorgeous white sand beaches run for 12 miles along Longboat Key’s enchanting coastline.

Longboat Key
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