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5311 Gulf Of Mexico Drive Unit 3

Longboat Key, FL 34228

2 beds
2 baths
1,028 sqft
$1,166 per sqft
1973 build
– on site

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.

Listing courtesy of STELLAR_MLS / COLDWELL BANKER REALTY

Last checked: Checking… • Last updated Feb 14, 2025 •

MLS# A4635657 —

The Building

Year Built:

1973
New Construction:

false
Architectural Style:

Custom
Construction Materials:

Block
Building Elevator:

false
Levels:

One
Stories Total:

2
Roof:

Built-Up
Foundation Details:

Slab
Window Features:

Shutters
Patio And Porch Features:

Patio
Floor Number:

1
Unit Number:

3
Building Area Total:

1124
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Interior Features:

Ceiling Fan(s)
Furnished:

Furnished
Flooring:

Tile
Additional Rooms:

Great Room
Fireplace:

false

Room Dimensions

Living Area:

1028
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

Gulf of Mexico Dr to 5000 block, turn west into community
Latitude:

27.408873
Longitude:

-82.656699
Coordinates:

-82.656699, 27.408873

The Property

Parcel Number:

7993710259
Property Type:

Residential
Property Subtype:

Condominium
Lot Features:

Flood Insurance Required
Zoning:

R4MX
Direction Faces:

East
View:

Water
View:

true
Exterior Features:

Lighting
Vegetation:

Mature Landscaping
Water Source:

Public
Road Surface Type:

Paved
Flood Zone Code:

AE
Flood Zone Panel:

12081C0291F
Additional Parcels:

false
Homestead:

false
Lease Restrictions:

true
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Lot:

3
Tax Legal Description:

UNIT 3 MCCALLS BEACH CASTLE CONDOMINIUM PI#79937.1025/9
Tax Book Number:

1-287
Tax Annual Amount:

12052

Beds

Bedrooms Total:

2

Baths

Total Baths:

2
Total Baths:

2
Full Baths:

2

The Listing

Virtual Tour URL Unbranded:

https://pix360.com/video/38871/
Special Listing Conditions:

None

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

Cable Available
Sewer:

Public Sewer

Appliances

Appliances:

Dishwasher
Laundry Features:

Same Floor As Condo Unit

The Community

Subdivision Name:

MCCALLS BEACH CASTLE
Senior Community:

false
Community Features:

Bay/Harbor Front
Waterview:

Beach
Waterview:

true
Water Access:

Bay/Harbor
Water Access:

true
Water Extras:

Fishing Pier
Water Body Name:

Gulf Of Mexico
Waterfront:

true
Waterfront Features:

Bay/Harbor Front
Spa:

true
Spa Features:

Heated
Pool Private:

false
Pool Features:

Deck
Pets Allowed:

Cats OK
Pet Restrictions:

2 PETS ALLOWED, 30 LBS MAX. TENANTS, NO PETS.
# of Pets:

2
Max Pet Weight:

30
Association Amenities:

Laundry
Association:

true
Association Fee Frequency:

Monthly
Association Fee Includes:

Cable TV
Association Fee Requirement:

Required
Condo Fees:

1348
Condo Fees Term:

Monthly
Monthly Condo Fee Amount:

1348
Ownership:

Condominium
Association Approval Required:

false
Waterfront Feet Total:

2

Parking

Garage:

false
Carport:

false
Open Parking:

true
Parking Features:

Guest

Monthly cost estimate

Asking price

$1,199,000

Expense	Monthly cost
Mortgage	$6,420
Taxes	$1,004
Insurance	$329
Utilities	$108 See report
Total	$7,861/mo.^*
	^*This is an estimate

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Sale history

Date	Event	Source	Price	% Change
1/23/25 Jan 23, 2025	Listed / Active	STELLAR_MLS	$1,199,000	166.4% (12.0% / YR)
3/26/24 Mar 26, 2024	Listed / Active	STELLAR_MLS
3/18/11 Mar 18, 2011		STELLAR_MLS	$450,000

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This condo located in Longboat Key, FL 34228 is currently for sale for $1,199,000. 5311 Gulf Of Mexico Drive Unit 3 is a 1,028 square foot condo with 2 beds and 2 baths that has been on Estately for 71 days. This condo is in the attendance area of King Middle School, Bayshore High School, and Anna Maria Elementary School.

Listing Courtesy of: STELLAR_MLS and COLDWELL BANKER REALTY.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2025.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.