LKV Realty
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$1,074,000
$6,000Reward *
5311 GULF OF MEXICO Drive Unit 3, Longboat Key, FL 34228Listing ID A4635657

5311 GULF OF MEXICO Drive Unit 3, Longboat Key, FL 34228

Active
MCCALLS BEACH CASTLE
Time on site: 585 daysLast updated: Jun 2, 2025
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Condominium
Bedrooms
Bedrooms
2
Bathrooms
Bathrooms
2
Square Feet
Square Feet
1,124
Days on Site
Days on Site
585
Cooling
Cooling
Central Air, Ceiling Fan(s)
Heating
Heating
Central, Electric
Year Built
Year Built
1973
Stories
Stories
1
Parking
Parking
Guest, Open

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.

Property Information

Property Details

Location

Address
5311 GULF OF MEXICO Drive
County
Manatee
City
Longboat Key
Zip Code
34228
Subdivision
MCCALLS BEACH CASTLE
MLS Area
34228 - Longboat Key

Interior Features

Beds and Baths

Bedrooms
2
Full Bathrooms
2

Building

Building Information

Square Feet
1,124
Year Built
1973
Stories
1
Construction
Block, Stucco
Foundation
Slab
Roof
Built-Up

Financial

Special Conditions
None

Property Taxes

Tax Annual Amount
$12,052
Tax Year
2023

Homeowner Association

HOA Fee Frequency
Monthly
COLDWELL BANKER REALTY, (941) 383-6411

Market Report for 34228

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Stellar MLS
Stellar MLS logo

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

For corrections to this data please contact Brytecore MLS Support.

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