NOT LISTED FOR SALE

5310 Gulf of Mexico Dr Unit 17 Longboat Key, FL 34228

Estimated Value: $423,737 - $469,000

1 Bed
1 Bath
711 Sq Ft
$838/mo HOA Fee

Last Sold November 15, 2023

Last sale price $500,000 $703 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $3,782/month

28 Days on Market

Highlights

  • Beach Front
  • Boat Dock
  • In Ground Pool
  • Anna Maria Elementary School Rated A-
  • Water access To Gulf or Ocean
  • Fishing

About This Home

As of November 2023

Welcome to paradise! Beach Castle Resort is a secluded 21-unit condo resort centrally located on the exclusive island of Longboat Key. Beach Castle grounds span from the Gulf Beach front to the Bay Intracoastal Waterway. Owners and guests may enjoy kayaking, fishing on the dock, spectacular Bay front sunrises, relaxing beach days with breathtaking Beach front sunsets, and lush garden or sparkling pool views. The grounds are exquisitely landscaped in this true vacation oasis. Beach Castle is one of the few resorts on Longboat Key that allows nightly, weekly, and monthly rentals. Unit #17 has been beautifully renovated with classic beach charm and is regularly booked with vacation rental guests. This unit had over $56,000 in gross rental income in 2022 and has over $39,000 in gross rental income for 2023 already. The condo is being sold turn-key furnished with future bookings in place for the new owners. Own your slice of paradise today and create memories that will last a lifetime!

Last Agent to Sell the Property

Robyn Hawk

DUNCAN REAL ESTATE, INC. Brokerage Phone: 941-779-0304 License #3456614 Listed on: 10/06/2023

Last Buyer's Agent

Krista Potts

WATERS EDGE REALTY ASSOCIATES License #3214587

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,484

Year Built

  • Built in 1973

Lot Details

  • Beach Front
  • Property fronts gulf or ocean
  • Property fronts an intracoastal waterway
  • End Unit
  • Northwest Facing Home
  • Mature Landscaping
  • Irrigation
  • Garden

HOA Fees

  • $838 Monthly HOA Fees

Parking

  • 1 Parking Garage Space

Home Design

  • Turnkey
  • Slab Foundation
  • Built-Up Roof
  • Metal Roof
  • Block Exterior

Interior Spaces

  • 711 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Window Treatments
  • Sliding Doors
  • Garden Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Ceramic Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Pool

  • In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Outdoor Shower

Outdoor Features

  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • Fishing Pier
  • Deeded access to the beach
  • Open Dock
  • Exterior Lighting
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, pool, escrow reserves fund, insurance, internet, maintenance structure, ground maintenance, pest control, recreational facilities, sewer, trash, water
  • Lisa Dipano Association, Phone Number (941) 444-4119
  • Mccalls Beach Castle Subdivision
  • On-Site Maintenance

Amenities

  • Laundry Facilities

Recreation

  • Boat Dock
  • Community Pool
  • Community Spa
  • Fishing

Pet Policy

  • Pets up to 35 lbs
  • Pet Size Limit
  • 2 Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,484

Year Built

Built in 1973

Lot Details

0

HOA Fees

$838 per month

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Pest Control, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 711
  • New Construction: No
  • Year Built: 1973
  • Building Area Total: 831
  • Directions to Property: From North Longboat Key bridge, go South on Gulf of Mexico Drive, turn East (L) at 5310 Gulf of Mexico Drive. Unit #17 assigned parking space is right in front of the unit.
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 1
  • List Office Head Office Key Nume: 1044534
  • Minimum Lease: 1-7 Days
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 703.23
  • Unit Number YN: 0
  • Water Access YN: 1
  • Condo Fees Term: Monthly
  • Property Description: End Unit
  • MFR_NumAssignedParkingSpaces: 1
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Luxury Vinyl
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Open Floorplan, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 1
  • Levels: One
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 2
  • Street Number Modifier: 5310
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 66.05
  • Room Count: 4

Exterior Features

  • Direction Faces: Northwest
  • Pool Features: In Ground
  • Exterior Features: Garden, Irrigation System, Lighting, Outdoor Grill, Outdoor Shower, Sidewalk, Sliding Doors
  • Roof: Built-Up, Metal
  • Pool Private: No
  • View: Garden
  • Waterfront: Yes
  • Road Surface Type: Other
  • Disclosures: Condominium Disclosure Available, Lead Paint, Seller Property Disclosure
  • Water Access: Bay/Harbor,Beach,Beach - Access Deeded,Gulf/Ocean,Gulf/Ocean to Bay,Intracoastal Waterway
  • Water Extras: Dock - Open,Fishing Pier
  • Water Extras YN: 1
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2021-08-10
  • Flood Zone Panel: 12081C0292F

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Phone Available, Public, Sewer Connected, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Fishing, Pool, Sidewalks, Water Access, Waterfront
  • Association Amenities: Dock, Laundry, Maintenance, Pool, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association Name: Lisa DiPano
  • Phone: 941.444.4119
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: Pets allowed for the owners only, tenants are not allowed to have pets. Buyer is responsible to verify rules with HOA and County.
  • Association Fee Requirement: Required
  • Building Name Number: 5310
  • Condo Fees: 838
  • Condo Land Included YN: 0
  • Max Pet Weight: 35
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: ldipano@camgtfl.com
  • Monthly Condo Fee Amount: 838
  • Pet Size: Small (16-35 Lbs.)

Fee Information

  • Total Annual Fees: 10056.00
  • Total Monthly Fees: 838.00

Lot Info

  • Zoning: R4MX
  • Parcel Number: 7993710859
  • Additional Parcels: No
  • Lot Features: Landscaped
  • Property Attached Yn: Yes
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 0

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Turnkey
  • Pets Allowed: Number Limit, Size Limit, Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Daily, weekly, and monthly rentals allowed. No pets allowed for tenants. Association approval required for buyer(s), not tenants.
  • Month To Month Or Weekly YN: 1

Tax Info

  • Tax Annual Amount: 5484
  • Tax Book Number: 1-287
  • Tax Lot: 0

Multi Family

  • Waterfront Features: Beach Front, Gulf/Ocean, Gulf/Ocean to Bay, Intracoastal Waterway
  • Approval Process: Buyer application required with $100 application fee, approval required prior to closing.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2023
Closed on
Nov 15, 2023
Sold by
Holka River & Danielle S
Bought by
Wint Nicholas S and Gazarian Tania
Seller's Agent
Robyn Hawk
DUNCAN REAL ESTATE, INC.
Buyer's Agent
Krista Potts
WATERS EDGE REALTY ASSOCIATES
List Price
$525,000
Sold Price
$500,000
Premium/Discount to List
-$25,000
-4.76%
Views
21
Current Estimated Value
$438,069

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$61,931
Avg. Annual Appreciation
-4.93%

Purchase Details

Listed on
Mar 1, 2021
Closed on
Jun 7, 2021
Sold by
Stellas Peter G
Bought by
Holka River and Holka Danielle
Seller's Agent
Dia Wilson
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Robyn Hawk
DUNCAN REAL ESTATE, INC.
List Price
$349,900
Sold Price
$345,000
Premium/Discount to List
-$4,900
-1.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.42%
Original Mortgage
$276,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2005
Sold by
Beach Castle Resort Llc
Bought by
Stellas Peter G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,286
Interest Rate
4.37%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wint Nicholas S $500,000 Integrity Title
Holka River $345,000 Attorney
Stellas Peter G $338,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Holka River $276,000
Previous Owner Stellas Peter G $304,286
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2023 11/15/23 Sold $500,000 -4.8% $703 / Sq Ft
11/04/2023 11/04/23 Pending -- -- --
10/06/2023 10/06/23 For Sale $525,000 +52.2% $738 / Sq Ft
06/07/2021 06/07/21 Sold $345,000 -1.4% $485 / Sq Ft
04/23/2021 04/23/21 Pending -- -- --
03/10/2021 03/10/21 For Sale $349,900 0.0% $492 / Sq Ft
03/03/2021 03/03/21 Pending -- -- --
02/27/2021 02/27/21 For Sale $349,900 -- $492 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,554 $425,000 -- $425,000
2023 $5,797 $365,500 $0 $365,500
2022 $4,412 $341,250 $0 $341,250
2021 $4,235 $260,000 $0 $260,000
2020 $4,368 $255,000 $0 $255,000
2019 $4,510 $255,000 $0 $255,000
2018 $0 $250,000 $0 $0
2017 $2,276 $258,500 $0 $0
2016 $2,182 $233,000 $0 $0
2015 $3,152 $221,975 $0 $0
2014 $3,152 $194,716 $0 $0
2013 $2,644 $162,287 $1 $162,286
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4584923

Stellar MLS

APN: 79937-1085-9