5311 GULF OF MEXICO DRIVE 8, LONGBOAT KEY, FL 34228
$567,500
Condo 2 Beds 2 Baths 1,110 Square Feet Taxes: $6,387.00 Built in 1973 2 Stories Type: Condominium Listed on 01/11/2019 MLS # A4423780

Description of 5311 GULF OF MEXICO DRIVE 8, LONGBOAT KEY, FL 34228

Excellent opportunity to own 2 bed/2 bath Gulf Front/GulfView Longboat Key condo for you to enjoy & earn excellent income during times you aren't there. Rarely available Gulf Front/View condo allows nightly rentals which maximize income. 1 of 9 rare units in the Gulf side of Beach Castle complex. Beautiful elevated Gulf views from master & large lanai. Stunning sunset views on nightly basis. Well appointed & in excellent condition. Offered turn-key furnished. Beach Castle, a beach-to-bay resort, is one of the few complexes on the island that is permitted to rent units on short-term basis. Make money, cover ownership expense & use at your leisure all combined. Centrally located mid-Longboat Key near hot spots, community activities & short drive to St. Armand's Circle & Downtown Sarasota. Offers heated pool, hot tub, BBQ, grills, internet access by pool, laundry facilities, fishing dock, shared boat docks (first-come, first-serve w/ 26' boat limit), kayak launch area, tennis courts (at neighboring property), bay access, private beach access w/ complimentary lounge chairs & umbrellas. Key West style boutique community has years of repeat renters w/ landscaped grounds peppered w/ lush tropical color. Start living your dream today w/ a place to get away from it all, walk on white sandy beaches, relish in Florida sunshine AND own profitable investment property. Annual average of $45k in gross rental production w/ current owner occupying annually every Jan & Feb averaging appx $6k in lost rental production.

Directions to 5311 GULF OF MEXICO DRIVE 8, LONGBOAT KEY, FL 34228

Gulf of Mexico Dr to west at 5311 Gulf of Mexico Dr, unit #8 is upstairs.

Features of 5311 GULF OF MEXICO DRIVE 8, LONGBOAT KEY, FL 34228

Schools

  • Elementary school: Anna Maria Elementary
  • High school: Bayshore High
  • Middle school: Martha B. King Middle

Rooms

  • Bedroom 2 is 12x15
  • Bedroom 2 Level: First
  • Dining Level: First
  • Dining Room is 14x12
  • Kitchen is 12x8
  • Kitchen Level: First
  • Living Room is 14x14
  • Living Room Level: First
  • Master bedroom is 12x16
  • Master Bedroom Level: First
  • Number of rooms: 6

Appliances

  • Dishwasher
  • Microwave oven
  • Range
  • Refrigerator

Heating/Cooling

  • Central air
  • Central heat
  • Electric water heater
  • Heat pump

Exterior

  • Block exterior
  • Stucco exterior
  • Tennis court(s)

Lot

  • Body of water: GULF OF MEXICO & SARASOTA BAY
  • Improvement: sidewalks
  • Lot acreage is: 2.33
  • Lot has beachfront
  • Lot has water view
  • Lot has western exposure
  • Lot on or near gulf
  • Lot zoned: R4MX
  • Subdivision: MCCALLS BEACH CASTLE A CONDO
  • Waterfront lot

Interior

  • Ceramic tile flooring
  • Garbage disposal
  • Living and dining room combo
  • Smoke alarm
  • Tile flooring
  • Window coverings

Roofing

  • Builtup
  • Metal roof

Basement

  • Slab Foundation

Utilities

  • Sewer
  • Underground utilities

Construction

  • Total square feet: 1110.00

Other

  • Community laundry
  • Community swimming pool(s)
  • Community tennis court(s)
  • Condo dues: 1117
  • HOA Frequency: Monthly
  • Tax year: 2018

Mortgage Payments for 5311 GULF OF MEXICO DRIVE 8, LONGBOAT KEY, FL 34228

The approximate monthly Principal & Interest payment for this property would be $3,000. This payment is based on a 30-year loan at a fixed rate of 4.10 % with a down payment of $56,750. Actual lender interest rates and loan programs may vary.

Use our Mortgage Payment Calculator to determine a more exact payment estimate.