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  • Price$1,040,000
  • Beds3
  • Baths3
  • SQ. Feet2,330
  • Acres2.33
  • Built1973

5310 Gulf Of Mexico Dr #7, Longboat Key

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

Amenities

  • UtilitiesCable Connected, Electricity Connected, Fiber Optics, Fire Hydrant, Phone Available, Public, Sewer Connected, Sprinkler Meter, Street Lights, Water Available
  • FeaturesBoat Slip, Dock, Laundry, Maintenance, Pool, Security, Spa/Hot Tub, Storage, Association Recreation - Owned, Buyer Approval Required, Fishing, Sidewalk, Water Access, Waterfront
  • ParkingGarage Door Opener, Golf Cart Parking, Guest, Split Garage
  • # of Garages2
  • GaragesUnder Building Parking, , 2 Car Garage
  • ViewWater View
  • Is WaterfrontYes
  • WaterfrontBeach - Private
  • PoolHeated, In Ground

Exterior

  • ExteriorBlock, Concrete, Stucco
  • Exterior FeaturesIrrigation System, Lighting, Outdoor Grill, Outdoor Shower, Rain Gutters, Sliding Doors, Storage, Mature Landscaping, Patio/Porch Covered, Patio/Porch Screened
  • Lot DescriptionTwo + to Five Acres
  • WindowsBlinds, Insulated Windows, Rods, Shades, Window Treatments
  • RoofMetal
  • FoundationSlab

Additional Information

  • Days on Market199
  • ZoningR4MX

Community Information

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

Interior

  • InteriorTile
  • Interior FeaturesBuilt 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
  • AppliancesBar Fridge, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Range Hood, Refrigerator, Washer
  • HeatingCentral, Electric
  • CoolingCentral Air, Mini-Split Unit(s)
  • # of Stories1
  • StoriesTwo, End Unit, Townhouse 2-3 Floors

School Information

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

Price Change History for 5310 Gulf Of Mexico Dr #7, Longboat Key, FL (MLS® #A4453579)

Date Details Price Change
Price Reduced (from $1,050,000) $1,040,000 $10,000 (0.95%)
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Listing information courtesy of Premier Sothebys Intl Realty.

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

Listing information last updated on July 10th, 2020 at 9:45pm EDT.