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5310 Gulf Of Mexico Dr #7, Longboat Key, FL – $1,040,000

  • 3 Beds
  • 3 Baths
  • 2,330 Sqft
  • 2.33 Acres
  • 3 Beds
  • 3 Baths
  • 2,330 Sqft
  • 2.33 Acres

5310 Gulf Of Mexico Dr #7

INVESTOR OPPORTUNITY! $100,000 Gross Rental Income Guaranteed for 2021 with Upside. Beach Castle Resort is uniquely zoned for Nightly and Weekly rentals with an on-site rental manager. This gorgeous 3-bedroom en-suite, bay-front home in the Beach Castle Resort has not been in the rental program, as it was the private home of the sellers. RVA - vacation rental property management company - actively manages the resort's rental program. Based on RVA's experience at Beach Castle they project gross rental income of more than $130,000 in 2021 for this home - with upside. The Sellers will guarantee a minimum of $100,000 of gross rental income in 2021. This direct bay-front property resides within the intimate Beach Castle Resort with its beach-to-bay amenities. This home has a well-protected private Deeded Boat Dock [no fees for the dock] and is steps to the Resort's private deeded Beach. Featuring 3-bedrooms & 3-baths en-suite, garage, deeded boat dock, private bay-front yard, pet-friendly association, resort private beach, resort pool, & completely turnkey furnished. Residence has gorgeous views from virtually every room. The large open kitchen with breakfast bar looks out to the bay; the comfortable adjoining sitting area has a custom seating; separate dining room with bay views; and a great room that features soaring ceilings and opens to the lanai with forever views across the bay. Two main floor bedrooms en-suite with bay views. Lofted third bedroom en-suite with amazing sunrise views overlooking the bay & Sarasota. Covered & screened lanai has plenty of room for outdoor dining & seating. Two one-car garages offer plenty of room for cars & storage. Home is decorator turnkey furnished. Fabulous boating with private dock, direct bay access, & no fixed bridges to the Gulf. Association has on-site maintenance that takes care of virtually everything. Comprehensive Association fees include insurances; building maintenance; exterior painting; roof; landscaping; onsite management; pool; beach; dock; water; and more. Take advantage of Beach Castle's fantastic on-site rental program. No owner use restrictions. Move in ready. Resort island living in one of Longboat Key’s most convenient locations and for the investor, guaranteed rental income.

Essential Information

  • MLS® #A4453579
  • Price$1,040,000
  • Bedrooms3
  • Bathrooms3.00
  • Full Baths3
  • Square Footage2,330
  • Acres2.33
  • Year Built1973
  • TypeResidential
  • Sub-TypeTownhouse
  • StyleFlorida
  • StatusActive

Community Information

  • Address5310 Gulf Of Mexico Dr #7
  • AreaLongboat Key
  • SubdivisionMccalls Beach Castle A Condo
  • CityLongboat Key
  • CountyManatee County
  • StateFL
  • Zip Code34228

Amenities

  • # of Garages2
  • ViewWater View
  • Is WaterfrontYes
  • WaterfrontBeach - Private
  • PoolHeated, In Ground

Utilities

Cable Connected, Electricity Connected, Fiber Optics, Fire Hydrant, Phone Available, Public, Sewer Connected, Sprinkler Meter, Street Lights, Water Available

Parking

Garage Door Opener, Golf Cart Parking, Guest, Split Garage

Garages

Under Building Parking, , 2 Car Garage

Community Features

Boat Slip, Dock, Laundry, Maintenance, Pool, Security, Spa/Hot Tub, Storage, Association Recreation - Owned, Buyer Approval Required, Fishing, Sidewalk, Water Access, Waterfront

Interior

  • InteriorTile
  • HeatingCentral, Electric
  • # of Stories1

Interior Features

Built in Features, Cathedral Ceiling(s), Ceiling Fans(s), Central Vaccum, Crown Molding, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments

Appliances

Bar Fridge, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Range Hood, Refrigerator, Washer

Cooling

Central Air, Mini-Split Unit(s)

Stories

Two, End Unit, Townhouse 2-3 Floors

Exterior

  • ExteriorBlock, Concrete, Stucco
  • Lot DescriptionTwo + to Five Acres
  • RoofMetal
  • FoundationSlab

Exterior Features

Irrigation System, Lighting, Outdoor Grill, Outdoor Shower, Rain Gutters, Sliding Doors, Storage, Mature Landscaping, Patio/Porch Covered, Patio/Porch Screened

Windows

Blinds, Insulated Windows, Rods, Shades, Window Treatments

School Information

  • ElementaryAnna Maria Elementary
  • MiddleMartha B. King Middle
  • HighBayshore High

Additional Information

  • Days on Market197
  • ZoningR4MX
  • Condo Fees$2,584
  • Condo Fee ScheduleMonthly
  • Taxes$13,640
  • Tax Year2019
Property Summary – Longboat Key: Located at 5310 Gulf Of Mexico Dr #7 in Longboat Key 34228 FL, this 2,330 square foot home has 3 bedrooms and 3.00 bathrooms.
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Price Change History for 5310 Gulf Of Mexico Dr #7, Longboat Key, FL (MLS® #A4453579)

Date Details Change
Price Reduced from $1,050,000 to $1,040,000 $10,000 (0.95%)

Listing provided courtesy of Premier Sothebys Intl Realty

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Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.

Listing data comes from My Florida Regional MLS DBA Stellar MLS.

Listing information last updated on July 8th, 2020 at 10:45am EDT.