5311 Gulf Of Mexico Dr #5, photo 1
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Overview

2 bd2 ba1,110 sqftCondominium
TypeCondominium
Condo dues$1,499/mo
Built1973
Lot44,194 sqft
Living area1,110 sqft
Price / sqft$720

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Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

About this home

Ceiling Fans(s)Eat-in KitchenLiving Room/Dining Room ComboOpen FloorplanSolid Wood CabinetsStone CountersTray Ceiling(s)Window Treatments

5311 Gulf Of Mexico Dr #5 is a 1973-built home in McCalls Beach Castle, Longboat Key. Inside you'll find 2 bedrooms, 2 bathrooms, and 1,110 square feet of living space. Listed at $799,000 (about $720/sqft), 173 days on market. Flood zone AE - confirm flood insurance requirements with your lender. Condo dues run $1,499 monthly.

From the listing

Turnkey furnished and positioned just steps from the Gulf’s sandy shoreline, this first-floor residence at Beach Castle on Longboat Key offers a compelling combination of coastal living and proven rental potential. With flexible daily or weekly rental allowances, this two-bedroom retreat presents an exceptional opportunity for personal use, income generation, or both. The light-filled interior features an open layout designed for ease and comfort, where the kitchen, dining, and living areas flow together naturally. Oversized tile flooring, updated impact glass, and sliding doors enhance both durability and livability, while the kitchen is well-appointed with granite countertops, solid wood cabinetry, stainless steel appliances, and built-in shelving—creating a functional space for everyday living or hosting. Floor-to-ceiling sliders lead to a private patio and screened lanai, offering a seamless transition to the outdoors and placing you just moments from the beach. The split-bedroom plan provides added privacy, with the primary suite enjoying direct access to the outdoor space, while the guest bedroom is comfortably sized with its own en-suite bath. Set within the boutique Beach Castle community, residents enjoy a unique beach-to-bay lifestyle with deeded Gulf access, a heated swimming pool and spa, grilling areas, and a fishing pier with day dock on Sarasota Bay. Lush landscaping and well-maintained grounds create a relaxed, resort-style setting that enhances both owner enjoyment and guest appeal. Located on the desirable north end of Longboat Key, this property is just minutes from Bayfront Park, Cedars Tennis Resort, and the island’s scenic biking and walking paths. A short drive south brings you to the Longboat Key Club, St. Armands Circle’s dining and boutiques, and downtown Sarasota’s renowned cultural venues, waterfront parks, and year-round events. With strong rental history, immediate beach access, and a turnkey presentation, this Beach Castle residence offers a rare opportunity to enjoy the best of Longboat Key—whether as an investment, a private getaway, or a combination of both.

The essentials

Built
1973
Price / sqft
$720
On market
173 days
Annual tax
$3,363
Condo dues
$1,499/mo
Flood zone
AE
Lot
44,194 sqft
Type
Condominium

At a glance

Condo
Built 1973
Waterfront
Beach Front
Community pool
Shared amenity
Assigned parking
1,110 sqft
Living area

Payment

Est. monthly payment
$6,346/mo
Down payment (20%)
$159,800
Property taxes
$280/mo
Condo dues
$1,499/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Condominium
Year Built
1973
Lot
44,194 sqft
Cooling
Central Air
Heating
Central, Electric
Parking
Assigned, Guest
Waterfront
Beach Front, Gulf/Ocean
Days on Market
173
Ceiling Fans(s)
Eat-in Kitchen
Living Room/Dining Room Combo
Open Floorplan
Solid Wood Cabinets
Stone Counters
Tray Ceiling(s)
Window Treatments
Lighting
Sidewalk
Association Recreation - Owned
Buyer Approval Required
Deed Restrictions
Pool
Dishwasher
Disposal
Microwave
Range
Refrigerator
Flood Zone AE
Annual Tax (2025)
$3,363
Parcel #
7993710359

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
McCalls Beach Castle
County
Manatee
MLS Area
34228 - Longboat Key
Lot Size
44,194 sqft
In CountyLandscapedOversized Lot
Condo dues
$1,499/mo
MCCALLS BEACH CASTLE CONDO ASSOCIATION

Price history

Date
Event
Price
4/22/2026
Listed for sale
Source: Stellar MLS #A4691314
$799,000
$720/sqft

Neighborhood

5311 Gulf Of Mexico Dr #5
Longboat Key, FL, 34228 · 34228 - Longboat Key

Market insights

Offer Insights

Choose an offer strength

List price: $799,000
$755,000 – $799,000
94.3% – 100% of listTops out right at the list price
80% of listList price
69 of the last 136 condo closings in 34228 landed at this number or higher (51%). The median one sat 86 days before it went under contract, and this one is on day 173.

Sample: 136 closed condo sales in 34228 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

Talk through an offer with our team

Calculator

Est. monthly payment
$6,346/mo
Principal & interest$4,167
Property taxes$280
Insurance$400
HOA$1,499
Down payment20% · $159,800
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. HOA includes any condo dues reported on the listing. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$799,000

$720 per sq ft

Beds and baths

2 beds, 2 baths

Size

1,110 sq ft

Time on market

173 days

Year built

1973

Monthly payment

About $6,346/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $3,363 annual tax bill, insurance, and $1,499/mo in condo dues.

Condo dues

$1,499/mo

Managed by MCCALLS BEACH CASTLE CONDO ASSOCIATION.

Flood zone

Zone AE

That is a high-risk designation, so a lender will normally require flood insurance. Confirm the current rate before you write an offer.

Offer

What should I offer?

Have another question?

Brokered byCOLDWELL BANKER REALTYListing agent: Roger PettingellListing data from Stellar MLS, MLS# A4691314.

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