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Off market
  • $734,000

    5311 Gulf Of Mexico Dr #8, Longboat Key, FL 34228

    2beds
    1,110sqft
    Condo
    Built in 1973
    -- sqft lot
    $734,000 Zestimate®
    $661/sqft
    $3,899 Estimated rent

    Home value

    $734,000

    $653,000 - $822,000

    $3,899/mo

    Zestimate® history
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    What's special

    This is an excellent opportunity for an owner/investor to enjoy Longboat Key's beautiful ten-mile beach and take in its magnificent sunsets from this two-bed two-bath 1,110 sf second-story condo that looks out to the Gulf of Mexico from the screened lanai. This turnkey furnished unit is clean and well maintained, with tile floors throughout. Master bedroom is en-suite and opens to the lanai with its water view of the Gulf. Second bedroom, also en-suite, accommodates two full beds with room to spare. Kitchen was completely redone in 2020. Bathrooms are original, in case your imagination needs work. Other amenities include a heated swimming pool and spa on Bayside, along with a community dock (first-come, first served) and kayak launch. Your Gulfside complex offers BBQ grille, separate laundry room, and provides beach chairs and umbrellas on the white-sand beach. Beach Castle's rental policy accommodates minimum 1-7 day tenancies, with in-house management provided by RVA. Seller reports 2022 gross revenue is over $81,000. Owners (and their tenants) can also utilize Cedars East's sports amenities just up the road, which include a Junior Olympic pool, ten lighted Har-Tru tennis courts, 24/7 fitness center and bicycles, all for a nominal membership fee. Beach Castle is also pet-friendly for an owner's small-dog. (not tenants). The mid-Key location puts you in the middle of LBK's fine restaurants and offers St. Armand's shopping and Sarasota's city life when you enjoy your stay here so, please come and see what we are offering before it goes viral. PS... Did we mention this is an "excellent opportunity for an owner/investor" to experience what Longboat Key feels like if you're still committed elsewhere?

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Other
    Cooling
    • Central
    Appliances
    • Laundry: Outside, Laundry Room
    Features
    • Living Room/Dining Room Combo, Kitchen/Family Room Combo
    • Flooring: Tile
    • Windows: Blinds
    • Has fireplace: No
    Interior area
    • Structure area source: Public Records
    • Total interior livable area: 1,110 sqft

    Property

    Parking
    • Parking features: Open
    Features
    • Levels: One
    • Patio & porch: Covered, Screened
    • Exterior features: Stone, Brick
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Gulf/Ocean, Beach - Private
    • Body of water: GULF OF MEXICO & SARASOTA BAY
    Lot
    • Size: 2.55 Acres
    • Features: FloodZone, Sidewalk
    • Residential vegetation: Mature Landscaping, Trees/Landscaped
    Details
    • Additional structures: Tennis Court(s)
    • Parcel number: 7993710509
    • Zoning: R4MX

    Construction

    Type & style
    • Home type: Condo
    Materials
    • masonry
    • Roof: Built-up
    Condition
    • Year built: 1973

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Public, BB/HS Internet Available, Cable Connected, Street Lights, Underground Utilities, Sewer Connected, Phone Available

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    • Subdivision: MCCALLS BEACH CASTLE A CONDO
    HOA
    • Has HOA: Yes
    • Amenities included: Tennis Court(s), Laundry, Spa/Hot Tub, Dock, Cable, Pool
    • Services included: Cable TV, Maintenance Grounds, Private Road, Recreational Facilities, Trash, Escrow Reserves Fund, Insurance, Maintenance Exterior, Pest Control, Sewer, Water, Community Pool, Maintenance Repairs, Manager, Pool Maintenance
    • HOA fee: $640 monthly
    Location
    • Region: Longboat Key

    Financial & listing details

    • Price per square foot: $661/sqft
    • Tax assessed value: $582,250
    • Annual tax amount: $9,139

    Price history

    DateEventPrice
    3/17/2023Sold$798,600$719/sqft
    Source: Public Record Report a problem
    1/27/2023Pending sale$798,600$719/sqft
    Source: Stellar MLS #A4556066 Report a problem
    1/4/2023Price change$798,600+40.7%$719/sqft
    Source: Stellar MLS #A4556066 Report a problem
    2/15/2019Price change$567,500-0.1%$511/sqft
    Source: CENTURY 21 Beggins Enterprises #A4423780 Report a problem
    1/11/2019Listed for sale$568,000+95.9%$512/sqft
    Source: CENTURY 21 Beggins Enterprises #A4423780 Report a problem
    5/9/2012Sold$290,000-4%$261/sqft
    Source: Stellar MLS #A3958265 Report a problem
    3/31/2012Listed for sale$301,950+1297.9%$272/sqft
    Source: RE/MAX Alliance Group #A3958265 Report a problem
    3/8/2010Sold$21,600-95.8%$19/sqft
    Source: Public Record Report a problem
    1/10/2007Sold$512,600$462/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,139 -11.4%$582,250 -11%
    2024$10,315 +23%$654,500 +35.2%
    2023$8,384 +7.4%$484,000 +10%
    2022$7,805 +12%$440,000 +10%
    2021$6,968 0%$400,000 +1.3%
    2020$6,969 +2.4%$395,000 +2.8%
    2019$6,804 $384,194 +3.8%
    2018$6,804 +6.5%$370,000 +13.5%
    2017$6,388 +52%$326,000 +12.9%
    2016$4,202 $288,650 +5%
    2015$4,202 $274,900 +14%
    2014$4,202 +14.9%$241,151 +10%
    2013$3,658 +365712%$219,228 +15%
    2012$1 $190,633 +4%
    2011$1 $183,301 -25%
    2010-- $244,404 -12%
    2009$4,698 -21.3%$277,732 -23%
    2008$5,973 -25.8%$360,690 -25%
    2007$8,051 -26.1%$480,920 -21.1%
    2006$10,894 $609,900
    Find assessor info on the county website

    Neighborhood: 34228

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Anna Maria Elementary
    • Middle: Martha B. King Middle
    • High: Bayshore High
    • District: MANATEE

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $734,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $734,000