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Sold for $950,000
    • $950,000

    5311 GULF OF MEXICO DRIVE #3, LONGBOAT KEY, FL 34228

    2beds
    1,028sqft
    Condominium
    Built in 1973
    -- sqft lot
    $950,300 Zestimate®
    $924/sqft
    $3,777 Estimated rent

    Home value

    $950,300

    $874,000 - $1.03M

    $3,777/mo

    Zestimate® history
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    What's special

    Contemporary cabinetryScreened-in lanaiDeeded beach accessPrivate patioTwo-bedroom retreatFishing pierGranite countertops
    Turnkey furnished and positioned directly on the sandy shores of the Gulf of Mexico, this first-floor, direct Gulf-front residence at Beach Castle Resort offers an exceptional blend of beachfront living and proven rental performance. Averaging six figures in annual gross income, this two-bedroom retreat is ideal for personal enjoyment, weekly rentals, or a combination of both—making it one of Longboat Key’s strongest investment opportunities. The light-filled interior features oversized tile flooring, updated windows and sliders (2009), and a well-appointed kitchen with granite countertops, contemporary cabinetry, modern appliances, and plumbing and electrical upgrades completed in 2006. Designed for effortless coastal living, the open layout seamlessly connects the kitchen, dining, and living areas. Floor-to-ceiling sliders lead to a private patio and screened-in lanai, both just steps from the beach, allowing indoor and outdoor spaces to flow together naturally. The split-bedroom plan enhances privacy for owners and guests. The primary suite enjoys beautiful Gulf views, private patio access, and a peaceful setting perfect for morning coffee or sunset unwinding. A comfortable second bedroom and full bath complete the guest wing. Beach Castle Resort is one of the few communities on Longboat Key offering daily, weekly, or monthly rental flexibility, giving owners the freedom to maximize both personal use and rental income. The community’s beach-to-bay amenities include deeded beach access, a sundeck with heated swimming pool and spa, barbecue grilling areas, a fishing pier, and a day dock for boating enthusiasts (first-come basis, no overnight docking). Lush tropical landscaping and well-maintained grounds create a relaxing boutique-resort environment. Perfectly located on the north end of Longboat Key, the property is minutes from Bayfront Park, Cedars Tennis Resort, and the island’s scenic walking and biking routes. A short drive south leads to the Longboat Key Club, upscale dining, and the attractions of St. Armands Circle. Downtown Sarasota—home to world-class theater, museums, botanical gardens, professional events, and waterfront parks—is just across the bridge. With direct Gulf-front views, strong rental history, and an unbeatable location, this Beach Castle residence offers the best of Longboat Key’s coastal lifestyle—whether you’re seeking an investment, a getaway, or both.

    Zillow last checked:

    Listing updated:

    Listed by:

    Roger Pettingell 941-387-1840,

    COLDWELL BANKER REALTY 941-383-6411

    Bought with:

    Olga Smith, 3257337

    IMPERIAL PROPERTY GROUP LLC

    Source: Stellar MLS,MLS#: A4672601MLS LogoOriginating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Great Room
    Primary bedroom
    • Features: Ceiling Fan(s), En Suite Bathroom, Built-in Closet
    • Level: First
    • Area: 208 Square Feet
    • Dimensions: 13x16
    Bedroom 2
    • Features: Ceiling Fan(s), En Suite Bathroom, Built-in Closet
    • Level: First
    Primary bathroom
    • Features: Built-In Shelving, En Suite Bathroom, Granite Counters, Single Vanity, Tub With Shower
    • Level: First
    • Area: 192 Square Feet
    • Dimensions: 16x12
    Bathroom 2
    • Features: Built-In Shelving, En Suite Bathroom, Granite Counters, Shower No Tub, Single Vanity
    • Level: First
    Balcony porch lanai
    • Features: Ceiling Fan(s)
    • Level: First
    • Area: 108 Square Feet
    • Dimensions: 9x12
    Dining room
    • Level: First
    • Area: 72 Square Feet
    • Dimensions: 9x8
    Kitchen
    • Features: Breakfast Bar, Built-In Shelving, Granite Counters, Pantry
    • Level: First
    • Area: 100 Square Feet
    • Dimensions: 10x10
    Living room
    • Features: Ceiling Fan(s)
    • Level: First
    • Area: 182 Square Feet
    • Dimensions: 13x14
    Heating
    • Central, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Microwave, Range, Refrigerator
    • Laundry: Same Floor As Condo Unit
    Features
    • Ceiling Fan(s), Crown Molding, Eating Space In Kitchen, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Stone Counters, Tray Ceiling(s)
    • Flooring: Tile
    • Doors: Sliding Doors
    • Windows: Shutters, Window Treatments
    • Has fireplace: No
    • Common walls with other units/homes: Corner Unit,End Unit
    Interior area
    • Total structure area: 1,124
    • Total interior livable area: 1,028 sqft

    Property

    Parking
    • Parking features: Guest, Open
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Patio, Rear Porch, Screened
    • Exterior features: Lighting, Sidewalk, Storage
    • Pool features: Deck, Gunite, In Ground, Lighting
    • Has spa: Yes
    • Spa features: Heated, In Ground
    • Has view: Yes
    • View description: Water, Beach, Gulf/Ocean - Full
    • Has water view: Yes
    • Water view: Water,Beach,Gulf/Ocean - Full
    • Waterfront features: Bay/Harbor Front, Gulf/Ocean Front, Beach, Gulf/Ocean, Bay/Harbor Access, Beach - Access Deeded, Gulf/Ocean Access, Fishing Pier
    • Body of water: GULF OF MEXICO
    Lot
    • Features: Flood Insurance Required, FloodZone, In County, Sidewalk
    • Residential vegetation: Mature Landscaping, Trees/Landscaped
    Details
    • Parcel number: 7993710259
    • Zoning: R4MX
    • Special conditions: None

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Custom
    • Property subtype: Condominium
    Materials
    • Block, Stucco
    • Foundation: Slab
    • Roof: Built-Up
    Condition
    • New construction: No
    • Year built: 1973

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Connected, Phone Available, Public, Sewer Connected, Underground Utilities, Water Connected

    Community & HOA

    Community
    • Features: Bay/Harbor Front, Dock, Gulf/Ocean Front, Water Access, Association Recreation - Owned, Buyer Approval Required, Community Mailbox, Pool
    • Security: Smoke Detector(s)
    • Pet fee: $0 monthly
    • Subdivision: MCCALLS BEACH CASTLE
    HOA
    • Has HOA: Yes
    • Amenities included: Laundry, Maintenance, Pool, Recreation Facilities, Spa/Hot Tub
    • Services included: Cable TV, Community Pool, Reserve Fund, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Recreational Facilities, Sewer, Trash, Water
    • HOA fee: $1,348 monthly
    • HOA name: MCCALLS BEACH CASTLE CONDO ASSOCIATION
    • HOA phone: 866-870-6596
    Location
    • Region: Longboat Key

    Financial & listing details

    • Price per square foot: $924/sqft
    • Tax assessed value: $269,178
    • Annual tax amount: $13,180
    • Date on market: 11/18/2025
    • Cumulative days on market: 42 days
    • Ownership: Condominium
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    2/10/2026Sold$950,000-4.5%$924/sqft
    Source: Stellar MLS #A4672601 Report a problem
    1/1/2026Pending sale$995,000$968/sqft
    Source: Stellar MLS #A4672601 Report a problem
    11/18/2025Price change$995,000-7.4%$968/sqft
    Source: Stellar MLS #A4672601 Report a problem
    5/8/2025Price change$1,074,000-10.4%$1,045/sqft
    Source: Stellar MLS #A4635657 Report a problem
    1/23/2025Price change$1,199,000-11.2%$1,166/sqft
    Source: Stellar MLS #A4635657 Report a problem
    3/26/2024Listed for sale$1,350,000+200%$1,313/sqft
    Source: Stellar MLS #A4604824 Report a problem
    3/24/2011Sold$450,000-2%$438/sqft
    Source: Public Record Report a problem
    1/21/2011Listed for sale$459,000-42.4%$446/sqft
    Source: Signature Sotheby's International Realty #A3938085 Report a problem
    6/6/2005Sold$797,100$775/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,363 -66.9%$269,178 -67.3%
    2024$13,180 +9.4%$822,800 +10%
    2023$12,052 +16.6%$748,000 +27.1%
    2022$10,338 +12%$588,500 +10%
    2021$9,233 -0.3%$535,000 +0.9%
    2020$9,263 +0.9%$530,000
    2019$9,182 0%$530,000 +9.3%
    2018$9,182 +7.3%$485,000 +3.4%
    2017$8,560 +45.3%$469,170 +13%
    2016$5,889 $415,270 +5%
    2015$5,889 $395,530 +14.1%
    2014$5,889 +14.7%$346,701 +10%
    2013$5,135 +513366%$315,201 +15%
    2012$1 $274,088 +4%
    2011$1 $263,546 -25%
    2010-- $351,392 -12%
    2009$6,755 -21.3%$399,309 -23%
    2008$8,588 -13%$518,584 -12%
    2007$9,866 -16.2%$589,300 -10.6%
    2006$11,771 $659,000
    Find assessor info on the county website

    Neighborhood: 34228

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    Estimated market value
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