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Property Description

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.

Overview

Property Status
Sold
MLS ID
A4632456
Property Type
Condo
Year Built
1973

Features & Amenities

Neighborhood
Longboat Key
Architecture Styles
Bungalow
Water Frontage
Bay/Harbor, Gulf/Ocean
View Description
Water
Stories
2
Water Source
Public
Utilites
BB/HS Internet Available, Cable Connected, Electricity Connected, Phone Available, Sewer Connected, Street Lights, Underground Utilities
Pool
Child Safety Fence, Heated, Lighting
Roof
Metal
Lot Features
Cleared
Heat Type
Central
Air Conditioning
Central Air
Other Interior Features
Ceiling Fans(s), Kitchen/Family Room Combo, Open Floorplan, Thermostat, Window Treatments
Sewer
Public Sewer
Substructure
Slab
HOA Amenities
Cable TV, Laundry, Maintenance, Pool, Spa/Hot Tub, Storage, Tennis Court(s)
Other Exterior Features
Irrigation System, Lighting, Outdoor Grill, Rain Gutters, Sliding Doors
Elementary School
Anna Maria Elementary
Middle School
Martha B. King Middle
High School
Bayshore High
Sales Price
$845,000
Real Estate Tax
$9,167/yr
HOA
$1,499/mo
Zoning
R4MX

Downloads

5311 GULF OF MEXICO DR #6

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    License #3081650

    (941) 822-6165
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