5311 Gulf Of Mexico Drive Unit 8, Longboat Key, FL 34228

$567,500
2
BD
2
BA
1,110
SqFt
List Price
$567,500
Status
Active
Days on Market
71
Price Change
▼ $500 1550275047
MLS#
A4423780
Property Style
Condo
Year Built
1973
Bedrooms
2
Bathrooms
2
Living Area
1,110
Lot Size
101,417
Acres
2.33
Building Name
N/A
Monthly Condo Fee
1117
Legal Subdivision Name
Mccalls Beach Castle A Condo
MLS Area Major
Longboat Key

Property Description

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.

Additional Information

Taxes
$6,387
Minimum Lease
1-7 Days
HOA Payment Schedule
Monthly
Maintenance Includes
Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Exterior, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Pool Maintenance, Private Road, Recreational Facilities, Sewer, Trash, Water
Condo Fees
$1117
Condo Fees Term
Monthly
Location
FloodZone, Sidewalk
Community Features
Deed Restrictions, Fishing, Pool, Tennis Courts, Water Access, Waterfront
Property Description
One Story
Zoning
R4MX
Interior Layout
Kitchen/Family Room Combo, Living Room/Dining Room Combo
Interior Features
Kitchen/Family Room Combo, Living Room/Dining Room Combo
Floor
Ceramic Tile
Appliances
Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
Utilities
BB/HS Internet Available, Cable Connected, Phone Available, Public, Sewer Connected, Street Lights, Underground Utilities
Heating
Central, Heat Pump
Air Conditioning
Central Air
Room Dimensions
Living Room: 14x14, Master Bedroom: 12x16, Dining Room: 14x12, Kitchen: 12x8, Bedroom 2: 12x15, Balcony/Porch/Lanai: 15x8
Exterior Construction
Block, Stucco
Exterior Features
Irrigation System, Lighting, Outdoor Grill, Outdoor Kitchen, Sidewalk, Sliding Doors, Tennis Court(s)
Roof
Built-Up, Membrane, Metal
Foundation
Slab
Pool
Community
Garage Features
Open, Other
Elementary School
Anna Maria Elementary
Middle School
Martha B. King Middle
High School
Bayshore High
Water Name
Gulf Of Mexico & Sarasota Bay
Water Extras
Bridges - No Fixed Bridges, Dock - Open, Dock - Wood, Dock w/Electric, Dock w/Water Supply
Water View
Gulf/Ocean - Partial
Water Access
Beach - Private, Gulf/Ocean
Water Frontage
Beach - Private, Gulf/Ocean
Pets
Allowed
Max Pet Weight
30
Pet Size
Small (16-35 Lbs.)
Floor Number
2
Flood Zone Code
VE
Parcel ID
7993710509
Legal Description
UNIT 8 MCCALLS BEACH CASTLE CONDOMINIUM PI#79937.1050/9

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