Residential > Condo
Active
4 weeks ago
List Price
$995,000$968/ft²
5311 Gulf Of Mexico Dr 3
Longboat Key, FL 34228
- 2Beds
- 2Baths
- 1,028ft²Living Area
- -Lot Size
- -Pool
- -Car
- 1973Year Built
- 27DOM
- 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 $995,000, and it was last sold in 2011 for $450,000. The latest TopHap estimate of the condo's value is $1,048,285.
Property Valuations
Latest estimates for 5311 Gulf Of Mexico Dr 3 based on TopHap automated valuation model (AVM).
TopHap Estimate
$1,048,285
$1,019/ft²
+$53K above List Price
Updated 2 months ago
5311 Gulf Of Mexico Dr 3 is valued at $1,048,285 by TopHap AVM 2 months ago.
MLS Description
The listing agent's description. Original Listing
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.
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 2024$13,179.99From latest Total Assessed Value1.52%Total Assessed Value$867,000=Land+
Assessed Value$0Additions
Assessed Value$867,000
In 2024, taxes billed for 5311 Gulf Of Mexico Dr 3 were $13,179.99, which is 1.52% from latest Total Assessed Value of $867,000.
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.
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
- 4600 Gulf of Mexico Dr #Unit 303, Longboat Key, FL 34228 (Windward Bay Condominiums) is a 1,096 square foot, 2 bedroom, 1 bathroom, 21.18 acre property. It was built in 1975 and has an estimate of $633,500 with a price per ft² of $578.
- 4600 Gulf of Mexico Dr #Unit 304, Longboat Key, FL 34228 (Windward Bay Condominiums) is a 1,312 square foot, 2 bedroom, 2 bathroom, 0.03 acre property. It was built in 1994 and has an estimate of $900,682 with a price per ft² of $686.
- 4600 Gulf of Mexico Dr #Unit 305, Longboat Key, FL 34228 (Windward Bay Condominiums) is a 1,096 square foot, 2 bedroom, 2 bathroom, 0.03 acre property. It was built in 1975 and has an estimate of $795,292 with a price per ft² of $726.
- 4600 Gulf of Mexico Dr # Ph1, Longboat Key, FL 34228 (Windward Bay Condominiums) is a 1,337 square foot, 2 bedroom, 2 bathroom, 0.03 acre property. It was built in 1994 and has an estimate of $755,200 with a price per ft² of $565.
- 4600 Gulf of Mexico Dr # Ph2, Longboat Key, FL 34228 (Windward Bay Condominiums) is a 1,096 square foot, 2 bedroom, 2 bathroom, 0.03 acre property. It was built in 1994 and has an estimate of $703,600 with a price per ft² of $642.
- 4600 Gulf of Mexico Dr # Ph3, Longboat Key, FL 34228 (Windward Bay Condominiums) is a 1,096 square foot, 2 bedroom, 2 bathroom, 0.03 acre property. It was built in 1994 and has an estimate of $704,100 with a price per ft² of $642.
- 4600 Gulf of Mexico Dr # Ph5, Longboat Key, FL 34228 (Windward Bay Condominiums) is a 1,096 square foot, 2 bedroom, 2 bathroom, 0.03 acre property. It was built in 1994 and has an estimate of $695,700 with a price per ft² of $635.
- 4401 Gulf of Mexico Dr #Unit 204, Longboat Key, FL 34228 (Longboat Key) is a 1,314 square foot, 2 bedroom, 2 bathroom, 0.03 acre property. It was built in 1972 and has an estimate of $1,230,446 with a price per ft² of $936.
- 4401 Gulf of Mexico Dr #Unit 301, Longboat Key, FL 34228 (Longboat Key) is a 1,524 square foot, 2 bedroom, 2 bathroom, 0.03 acre property. It was built in 1993 and has an estimate of $1,336,439 with a price per ft² of $877.
- 4401 Gulf of Mexico Dr #Unit 302, Longboat Key, FL 34228 (Longboat Key) is a 961 square foot, 2 bedroom, 1 bathroom, 0.02 acre property. It was built in 1993 and has an estimate of $951,161 with a price per ft² of $990.
- 4401 Gulf of Mexico Dr #Unit 305, Longboat Key, FL 34228 (Longboat Key) is a 961 square foot, 2 bedroom, 1 bathroom, 0.02 acre property. It was built in 1972 and has an estimate of $951,161 with a price per ft² of $990.
- 4401 Gulf of Mexico Dr #Unit 306, Longboat Key, FL 34228 (Longboat Key) is a 961 square foot, 2 bedroom, 1 bathroom, 0.02 acre property. It was built in 1993 and has an estimate of $951,161 with a price per ft² of $990.
- 4401 Gulf of Mexico Dr #Unit 307, Longboat Key, FL 34228 (Longboat Key) is a 1,314 square foot, 2 bedroom, 2 bathroom, 0.03 acre property. It was built in 1993 and has an estimate of $1,246,575 with a price per ft² of $949.
- 4401 Gulf of Mexico Dr #Unit 402, Longboat Key, FL 34228 (Longboat Key) is a 961 square foot, 2 bedroom, 1 bathroom, 2.16 acre property. It was built in 1993 and has an estimate of $962,862 with a price per ft² of $1,002.
- 4401 Gulf of Mexico Dr #Unit 404, Longboat Key, FL 34228 (Longboat Key) is a 1,314 square foot, 2 bedroom, 2 bathroom, 0.03 acre property. It was built in 1972 and has an estimate of $1,262,705 with a price per ft² of $961.
- 4401 Gulf of Mexico Dr #Unit 406, Longboat Key, FL 34228 (Longboat Key) is a 961 square foot, 2 bedroom, 1 bathroom, 0.02 acre property. It was built in 1993 and has an estimate of $1,012,578 with a price per ft² of $1,054.
- 4401 Gulf of Mexico Dr #Unit 407, Longboat Key, FL 34228 (Longboat Key) is a 1,314 square foot, 2 bedroom, 2 bathroom, 0.03 acre property. It was built in 1993 and has an estimate of $1,262,705 with a price per ft² of $961.
- 4401 Gulf of Mexico Dr #Unit 501, Longboat Key, FL 34228 (Longboat Key) is a 1,314 square foot, 2 bedroom, 2 bathroom, 0.03 acre property. It was built in 1972 and has an estimate of $1,278,834 with a price per ft² of $973.
- 4725 Gulf of Mexico Dr # 111, Longboat Key, FL 34228 (Longboat Key) is a 1,032 square foot, 2 bedroom, 2 bathroom, 0.02 acre property. It was built in 1994 and has an estimate of $727,500 with a price per ft² of $705.
- 4725 Gulf of Mexico Dr # 114, Longboat Key, FL 34228 (Longboat Key) is a 1,032 square foot, 2 bedroom, 2 bathroom, 0.02 acre property. It was built in 1974 and has an estimate of $716,400 with a price per ft² of $694.
- 4725 Gulf of Mexico Dr # 116, Longboat Key, FL 34228 (Longboat Key) is a 1,032 square foot, 2 bedroom, 2 bathroom, 0.02 acre property. It was built in 1994 and has an estimate of $716,400 with a price per ft² of $694.
- 4725 Gulf of Mexico Dr # 119, Longboat Key, FL 34228 (Longboat Key) is a 1,032 square foot, 2 bedroom, 2 bathroom, 0.02 acre property. It was built in 1974 and has an estimate of $716,300 with a price per ft² of $694.
- 4725 Gulf of Mexico Dr # 120, Longboat Key, FL 34228 (Longboat Key) is a 1,224 square foot, 2 bedroom, 2 bathroom, 0.03 acre property. It was built in 1994 and has an estimate of $789,100 with a price per ft² of $645.
- 4725 Gulf of Mexico Dr # 201, Longboat Key, FL 34228 (Longboat Key) is a 1,071 square foot, 2 bedroom, 2 bathroom, 0.02 acre property. It was built in 1974 and has an estimate of $742,200 with a price per ft² of $693.
- 4725 Gulf of Mexico Dr # 202, Longboat Key, FL 34228 (Longboat Key) is a 1,071 square foot, 2 bedroom, 2 bathroom, 0.02 acre property. It was built in 1994 and has an estimate of $734,800 with a price per ft² of $686.
- View more properties on Gulf Of-Mexico-Dr