5310 Gulf Of Mexico Dr #7, Longboat Key

$1,250,000

0 Beds
0 Baths
2,330 Sqft
2.49 Acres
2 Garages

Great Income Opportunity on Longboat Key. Zoned for Nightly Rentals. On-Site Management. Gorgeous Direct Bayfront Home. Direct Bay and City Views in Longboat’s Beach Castle Resort. Private beach for the resort; private boat dock for this home; plus resort amenities. This is the former Beach Castle owner’s home. Recent renovations and updates. Coastal decor and furnishings, turnkey including kitchenware and linens. Ready for Beach Castle’s active rental program. RVA projects, based on 20 weeks of owner usage, gross rental income of $136,900. Seller to pay first year’s maintenance fees which cover maintenance, landscaping, amenities, building insurance, pest control, cable, water, sewer, and trash. Zero maintenance fees the first year will enhance yield. This property is easy to show.

Essential Information
MLS® #A4433402
Price$1,250,000
Bathrooms0.00
Square Footage2,330
Acres2.49
Year Built1973
TypeIncome
Sub-TypeMulti-Family
StatusActive
Price Per Sqft$536
Community Information
Address5310 Gulf Of Mexico Dr #7
AreaLongboat Key
SubdivisionMccalls Beach Castle A Condo
CityLongboat Key
CountyManatee County
StateFL
Zip Code34228
Pet Restrictionssee pet restrictions
Pet Restrictions YNY
Pets Allowed YNN
Pet SizeSmall (16-35 Lbs.)
Numof Pets2
Minimum LeaseNo Minimum
Community Features

Boat Slip, Cable, Clubhouse, Dock, Laundry Facility, Maintenance Free, Pool, Recreation Building, Security, Community Hot Tub/Spa, Storage, Association Recreation - Owned, Buyer Approval Required, Fishing Pier, Golf Carts OK, Water Access, Waterfront

Amenities
# of Garages2
Is WaterfrontYes
Water ViewBay/full
Utilities

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

Features

Boat Slip, Cable, Clubhouse, Dock, Laundry Facility, Maintenance Free, Pool, Recreation Building, Security, Community Hot Tub/Spa, Storage, Association Recreation - Owned, Buyer Approval Required, Fishing Pier, Golf Carts OK, Water Access, Waterfront

Parking

Assigned, Garage Door Opener, Guest, Off Street, Reserved

Garages

Under Building Parking, , 2 Car Garage

View

Corner Lot/Unit, Flood Zone, Level, Lot - Oversized, Water View

Waterfront

Bay/Harbor, Beach-Prvt, Gulf/Ocean

Water Access

Bay/Harbor, Bayou, Beach - Private, Gulf/Ocean, Gulf/Ocean to Bay, Intracoastal Waterway, Lagoon

Water Extras

NoBridges,DockComposite,DockOnSit,DockwElectric,DockwWaterSupply,FishPier,Riprap,SailWater

Interior
InteriorTile
HeatingCentral, Electric
StoriesCorner Unit, End Unit
Interior Features

Built in Features, Cathedral Ceiling(s), Ceiling Fans(s), Central Vaccum, Crown Molding, Master Bedroom Downstairs, 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)

Interior Layout

Attic, Bonus Room, Great Room, Inside Utility, Loft, Storage Rooms, Master Bedroom Downstairs, Open Floorplan, Split Bedroom, Walk-In Closet(s)

Exterior
ExteriorConcrete, Stucco
Lot DescriptionTwo + to Five Acres
RoofMetal
Exterior Features

Balcony/Sun Deck, Irrigation System, Lighting, Outdoor Grill, Outdoor Shower, Sliding Doors, Storage, Patio/Porch Covered, Patio/Porch Screened

School Information
ElementaryAnna Maria Elementary
MiddleW.D. Sugg Middle
HighBayshore High
Additional Information
Days on Market3
ZoningR4MX
Normal SaleYes
Costs
HOA Fee$2,558
HOA Payment ScheduleQuarterly
Taxes$11,604
Tax Year2017

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Listing data comes from My Florida Regional MLS.

Listing information last updated on April 19th, 2019 at 2:15am EDT.