Residential > Condo
Active
3 weeks ago
List Price
$1,199,000$1,166/ft²
5311 Gulf Of Mexico Dr 3
Longboat Key, FL 34228
- 2Beds
- 2Baths
- 1,028ft²Living Area
- -Lot Size
- -Pool
- -Car
- 1973Year Built
- 22DOM
- 6Permits
5311 Gulf Of Mexico Dr 3, Longboat Key, FL 34228 is a 2 bed, 2 bath, 1,028 ft² condo built in 1973 with 6 construction permits. This condo is currently for sale for $1,199,000, and it was last sold in 2011 for $450,000. The latest TopHap estimate of the condo's value is $822,320.
Property Valuations
Latest estimates for 5311 Gulf Of Mexico Dr 3 based on TopHap automated valuation model (AVM).
TopHap Estimate
$822,320
$799/ft²
-$377K below List Price
Updated 6 months ago
5311 Gulf Of Mexico Dr 3 is valued at $822,320 by TopHap AVM 6 months ago.
MLS Description
The listing agent's description. Original Listing
Turnkey furnished and ready to enjoy or rent, this charming beachfront retreat on Longboat Key offers the perfect blend of coastal living and investment potential. Situated directly on the pristine shores of the Gulf of Mexico, this two-bedroom residence grosses an average of six figures in annual rental income, making it an exceptional opportunity for personal enjoyment or weekly rentals. Set within Beach Castle Resort, this first-floor, direct Gulf-front property boasts breathtaking water views and effortless beach access just steps from the outdoor entertaining spaces. Inside, the light-filled interior features oversized tile flooring, updated windows and sliders (2009), and a granite kitchen with modern cabinetry, appliances, and upgraded plumbing and electrical systems (2006). The open-concept layout seamlessly connects the kitchen, living, and dining areas, with sliders leading to an inviting patio and a screened-in space ideal for relaxation. The two-bedroom split layout ensures privacy for guests. The primary suite enjoys private patio access and serene Gulf views, creating a peaceful retreat for owners and visitors alike. Beach Castle Resort is one of the rare Longboat Key communities offering flexible daily, weekly, or monthly rental programs. Residents and guests appreciate the beach-to-bay amenities, including deeded beach access, barbecue grilling areas, a sundeck with a heated swimming pool and spa, a fishing pier, and a day dock for boating enthusiasts (no overnight docking, first-come basis). The north end of Longboat Key offers a relaxed, tropical lifestyle. Bayfront Park and Cedars Tennis Resort are minutes away, while the southern end of the island brings the liveliness of the Longboat Key Club, fine dining, boutique shopping at St. Armands Circle, and the cultural attractions of downtown Sarasota. This beachfront retreat is an ideal escape, combining Gulf-front tranquility with exceptional rental income potential.
Listing Agents
The listing agent for 5311 Gulf Of Mexico Dr 3 is Roger Pettingell.
RP
Roger Pettingell
COLDWELL BANKER REALTY
License: 0499842
Phone: (813) 754-3586
Permits
5311 Gulf Of Mexico Dr 3 has 6 permit records.
Permit History
6
Permits
Current Ownership
Information about the current owner(s).
Taxes Billed
Taxes billed in 2023$12,051.97From latest Total Assessed Value1.61%Total Assessed Value$748,000=Land+
Assessed Value$0Additions
Assessed Value$748,000
In 2023, taxes billed for 5311 Gulf Of Mexico Dr 3 were $12,051.97, which is 1.61% from latest Total Assessed Value of $748,000.
Property History
5311 Gulf Of Mexico Dr 3 has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).
Property Events
Environment
Environmental factors around 5311 Gulf Of Mexico Dr 3
Hazard Risks
Hurricane513Weather362Tornado272Carb Mono179Nat'l Avg100Ozone96Air Pollution94Particulates80Lead42Earthquake18Hail0Wind0
10 hazards (Carbon Monoxide, Earthquake Risk, Tornado Index, Hurricane Index, Air Pollution Index, Ozone Index, Weather Risk, Lead Index, Particulate Matter, National Average) are above the national average around 5311 Gulf Of Mexico Dr 3.
Walkability Index
12 /20
Most Walkable
20-18
Very Walkable
17-15
Somewhat Walkable
14-10
Car Dependent
9-0
5311 Gulf Of Mexico Dr 3 has a walkability score of 12 out of 20, which means that it is in a somewhat walkable area.
Temperature
Seasonal temperature sampled over multiple years
Winter
Average
Low
52°F
High
73°F
Summer
Average
Low
73°F
High
91°F
In the winter at 5311 Gulf Of Mexico Dr 3, temperatures range from 52.26°F to 73.28°F with an average of 62.77°F. In the summer, the temperature ranges from 72.81°F to 90.64°F with and average of 81.73°F.
School Information
Public/private schools serving 5311 Gulf Of Mexico Dr 3
Public Schools
Anna Maria Elementary School
Grades: PK-5
7.27 mi
A
Bayshore High School
Grades: 9-12
4.57 mi
D-
Martha B. King Middle School
Grades: 6-8
6.71 mi
D+
* The school rating is based entirely on the test score performance of each school. It is based on a scale of A-F, A being best.
Nearby public schools serving 5311 Gulf Of Mexico Dr 3 have ratings undefined, undefined, and undefined.
Neighborhood
This property is located in Longboat Key, Longboat Key, FL 34228.
Seasonal Housing units 34228
83%of housing is for seasonal rent.
Daytime Population for 34228
+9%of people during work hours.
Boundary map of Longboat Key.
Crime Index for 34228
170
170
The crime index in 34228 is 170, which is 1.7 times higher than national average.
Market Trends
Historical market data near 5311 Gulf Of Mexico Dr 3 over selected time period.
Nearby Properties on Gulf Of Mexico Dr
- 4825 Gulf of Mexico Dr #Unit 504, Longboat Key, FL 34228 (Longboat Key) is a 1,393 square foot, 2 bedroom, 1 bathroom, 0.03 acre property. It was built in 1992 and has an estimate of $1,087,460 with a price per ft² of $781.
- 4825 Gulf of Mexico Dr #Unit 505, Longboat Key, FL 34228 (Longboat Key) is a 1,393 square foot, 2 bedroom, 1 bathroom, 0.03 acre property. It was built in 1992 and has an estimate of $1,087,460 with a price per ft² of $781.
- 4825 Gulf of Mexico Dr #Unit 601, Longboat Key, FL 34228 (Longboat Key) is a 1,393 square foot, 2 bedroom, 1 bathroom, 0.03 acre property. It was built in 1992 and has an estimate of $1,087,460 with a price per ft² of $781.
- 4825 Gulf of Mexico Dr #Unit 602, Longboat Key, FL 34228 (Longboat Key) is a 1,393 square foot, 2 bedroom, 1 bathroom, 0.03 acre property. It was built in 1992 and has an estimate of $1,138,276 with a price per ft² of $817.
- 4825 Gulf of Mexico Dr #Unit 603, Longboat Key, FL 34228 (Longboat Key) is a 1,393 square foot, 2 bedroom, 1 bathroom, 0.03 acre property. It was built in 1992 and has an estimate of $1,087,460 with a price per ft² of $781.
- 4825 Gulf of Mexico Dr #Unit 604, Longboat Key, FL 34228 (Longboat Key) is a 1,393 square foot, 2 bedroom, 1 bathroom, 0.03 acre property. It was built in 1992 and has an estimate of $1,087,460 with a price per ft² of $781.
- 4621 Gulf of Mexico Dr # 10a, Longboat Key, FL 34228 (Longboat Key) is a 756 square foot, 2 bedroom, 2 bathroom, 0.02 acre property. It was built in 1993 and has an estimate of $921,600 with a price per ft² of $1,219.
- 4621 Gulf of Mexico Dr # 11a, Longboat Key, FL 34228 (Longboat Key) is a 756 square foot, 2 bedroom, 2 bathroom, 0.02 acre property. It was built in 1993 and has an estimate of $935,100 with a price per ft² of $1,237.
- 4621 Gulf of Mexico Dr # 14a, Longboat Key, FL 34228 (Longboat Key) is a 756 square foot, 2 bedroom, 2 bathroom, 0.02 acre property. It was built in 1993 and has an estimate of $919,000 with a price per ft² of $1,216.
- 4621 Gulf of Mexico Dr # 15a, Longboat Key, FL 34228 (Longboat Key) is a 756 square foot, 2 bedroom, 2 bathroom, 0.02 acre property. It was built in 1993 and has an estimate of $921,600 with a price per ft² of $1,219.
- 4621 Gulf of Mexico Dr # 16a, Longboat Key, FL 34228 (Longboat Key) is a 1,008 square foot, 3 bedroom, 2 bathroom, 0.02 acre property. It was built in 1993 and has an estimate of $1,067,000 with a price per ft² of $1,059.
- 4621 Gulf of Mexico Dr # 1b, Longboat Key, FL 34228 (Longboat Key) is a 900 square foot, 2 bedroom, 2 bathroom, 0.02 acre property. It was built in 1993 and has an estimate of $640,700 with a price per ft² of $712.
- 4621 Gulf of Mexico Dr # 2b, Longboat Key, FL 34228 (Longboat Key) is a 900 square foot, 2 bedroom, 2 bathroom, 0.02 acre property. It was built in 1993 and has an estimate of $631,400 with a price per ft² of $702.
- 4621 Gulf of Mexico Dr # 5b, Longboat Key, FL 34228 (Longboat Key) is a 900 square foot, 2 bedroom, 2 bathroom, 0.02 acre property. It was built in 1972 and has an estimate of $631,400 with a price per ft² of $702.
- 4621 Gulf of Mexico Dr # 6b, Longboat Key, FL 34228 (Longboat Key) is a 900 square foot, 2 bedroom, 2 bathroom, 0.02 acre property. It was built in 1993 and has an estimate of $633,500 with a price per ft² of $704.
- 4621 Gulf of Mexico Dr # 8b, Longboat Key, FL 34228 (Longboat Key) is a 900 square foot, 2 bedroom, 2 bathroom, 0.02 acre property. It was built in 1993 and has an estimate of $633,500 with a price per ft² of $704.
- 4621 Gulf of Mexico Dr # 9b, Longboat Key, FL 34228 (Longboat Key) is a 900 square foot, 2 bedroom, 2 bathroom, 0.02 acre property. It was built in 1993 and has an estimate of $633,500 with a price per ft² of $704.
- 4621 Gulf of Mexico Dr # 10b, Longboat Key, FL 34228 (Longboat Key) is a 864 square foot, 2 bedroom, 2 bathroom, 0.02 acre property. It was built in 1993 and has an estimate of $612,500 with a price per ft² of $709.
- 4621 Gulf of Mexico Dr # 12b, Longboat Key, FL 34228 (Longboat Key) is a 900 square foot, 2 bedroom, 2 bathroom, 0.02 acre property. It was built in 1993 and has an estimate of $652,300 with a price per ft² of $725.
- 4621 Gulf of Mexico Dr # 13b, Longboat Key, FL 34228 (Longboat Key) is a 900 square foot, 2 bedroom, 2 bathroom, 0.02 acre property. It was built in 1993 and has an estimate of $631,900 with a price per ft² of $702.
- 4621 Gulf of Mexico Dr # 15b, Longboat Key, FL 34228 (Longboat Key) is a 900 square foot, 2 bedroom, 2 bathroom, 0.02 acre property. It was built in 1993 and has an estimate of $638,800 with a price per ft² of $710.
- 4621 Gulf of Mexico Dr # 20b, Longboat Key, FL 34228 (Longboat Key) is a 900 square foot, 2 bedroom, 2 bathroom, 0.02 acre property. It was built in 1993 and has an estimate of $655,500 with a price per ft² of $728.
- 4621 Gulf of Mexico Dr # 13c, Longboat Key, FL 34228 (Longboat Key) is a 756 square foot, 2 bedroom, 2 bathroom, 0.02 acre property. It was built in 1972 and has an estimate of $845,600 with a price per ft² of $1,119.
- 4621 Gulf of Mexico Dr # 14c, Longboat Key, FL 34228 (Longboat Key) is a 756 square foot, 2 bedroom, 2 bathroom, 0.02 acre property. It was built in 1993 and has an estimate of $856,200 with a price per ft² of $1,133.
- 4621 Gulf of Mexico Dr # 16c, Longboat Key, FL 34228 (Longboat Key) is a 756 square foot, 2 bedroom, 1 bathroom, 5.37 acre property. It was built in 1993 and has an estimate of $853,800 with a price per ft² of $1,129.
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