LONGBOAT KEY, FL 34228 5125 Gulf Of Mexico DRIVE #7
$1,020,000
47 more
Presented By: KELLER WILLIAMS ON THE WATER S with 941-803-7522. - 941-803-7522
Home Details
Nestled in the heart of Longboat Key, this exceptional two-bedroom, two-bathroom beachfront condo offers a rare blend of luxury, comfort, and high rental potential. Situated within the meticulously maintained Seagrape Inn, this turnkey furnished unit is an investor’s dream, boasting a potential gross annual revenue of $108,000 and a net operating income of $66,000. The Seagrape Inn's lush landscaping and upscale tropical ambiance create an idyllic setting along the stunning Gulf of Mexico, perfect for both personal enjoyment and income generation. Amenities at Seagrape Inn include a private entrance to each condo, a private heated pool, a private beach area with lounge chairs and umbrellas, on-site laundry and ice machine, upgraded Wi-Fi throughout the resort, cable TV, a gazebo with a gas BBQ grill, and beach towels and linens.
Unit 7, perched on the second floor, provides breathtaking views of the ocean and the inviting pool below. Upon entry, the condo exudes sophistication, with a thoughtfully designed living space that seamlessly connects the living room, dining area, and upgraded kitchen. The kitchen, recently renovated to perfection, features new cabinets, countertops, recessed lighting, plumbing fixtures, and state-of-the-art appliances. The entire unit has been enhanced with new waterproof LVP flooring, fresh interior paint, and modern light fixtures, ensuring a contemporary and elegant aesthetic throughout.
Both bedrooms are tastefully furnished, offering serene retreats after a day at the beach. The bathrooms have been completely remodeled, showcasing new vanities, tile work, shower doors, and plumbing fixtures. Step onto the screened balcony to savor unparalleled views of the ocean, pool, and lush greenery—a perfect spot to relax and soak in the tranquil surroundings.
Beyond the condo's exquisite interior, significant exterior improvements have been made, including the installation of hurricane windows and doors, new deck waterproofing, and exterior painting. The convenience of a designated parking spot adds to the property’s appeal.
Located in a prime area of Longboat Key, this condo provides easy access to the beach, Gulf, and nearby restaurants and shops. Whether you're seeking a lucrative investment or a luxurious personal retreat, this beachfront condo offers an extraordinary opportunity to experience the best of coastal living in an unparalleled location.
Presented By: KELLER WILLIAMS ON THE WATER S with 941-803-7522. - 941-803-7522
Interior Features for 5125 Gulf Of Mexico DRIVE #7
Bedrooms
Total Bedrooms2
Bathrooms
Half Baths0
Total Baths2
Other Interior Features
LivingAreaSourcepublic records
Air Conditioning Y/NYes
Common Wallscorner unit, end unit
Fireplace Y/NYes
Flooringtile
Furnished Y/Nturnkey
Heating Y/NYes
Laundry Featuresoutside
Total Stories2
Window Featuresblinds
General for 5125 Gulf Of Mexico DRIVE #7
Additional Parcels Y/NNo
Appliancesconvection oven, dishwasher, disposal, electric water heater, microwave, range, range hood, refrigerator
Architectural Styleother
Association Amenitieslaundry, other, pool
Association Fee Includescommunity pool, maintenance structure, maintenance grounds, manager, sewer, trash, water
Association Namewanda hatfield
Body of Watergulf of mexico
Building Area Unitssquare feet
Carport Y/NNo
Citylongboat key
Community Featureswater access, waterfront, deed restrictions, pool
Construction Materialsblock, stucco
Coolingcentral air
Countymanatee
Directionsfrom sarasota: drive from john ringling cswy and gulf of mexico dr to longboat key. turn left. destination will be on the right.
Disclosureshoa/pud/condo disclosure, seller property disclosure
Elementary Schoolanna maria elementary
Exterior Featuresoutdoor grill
FULLcondominium
Facing Directionsouth
Flood Zone Codeae
Full Baths2
Garage Y/NNo
HOAYes
HOA Monthly Maintenance
Heatingelectric
High Schoolbayshore high
Home Warranty Y/NNo
Interior Featuresliving room/dining room combo, open floorplan, primary bedroom main floor, thermostat
Land Lease Y/NNo
Lease Considered Y/NYes
Legal Descriptionunit 7 seagrape inn condo pi#79973.0040/0
Levelsone
Listing Termscash, conventional, other
Living Area Unitssquare feet
Lot Size Square Feet
MLS Area34228 - longboat key
Middle/Junior High Schoolmartha b. king middle
Minimum Leaseno minimum
ModificationTimestamp2025-01-22t17:51:57.500z
Monthly Condo Fee Amount2356
New ConstructionNo
Occupancy Typetenant
Patio/Porch Featuresscreened
Pets Allowedno
Pool Featuresgunite, heated, lighting, outside bath access
Property Subtypecondominium
Property Typeresidential
Roofbuilt-up
STELLAR_InLawSuiteYNNo
Senior Community Y/NNo
Sewerpublic sewer
Standard Statusactive
Statusactive
Subdivision Nameseagrape inn
Tax Annual Amount11168
Tax Lot7
Tax Year2024
Total Rooms8
Unit Number7
Utilitiescable connected, electricity connected, public, sewer connected, water connected
Viewwater
Virtual TourClick here
Virtual TourClick here
Water Access Typebeach, gulf/ocean to bay
Water Access Y/NYes
Water Viewgulf/ocean - partial
Water View Y/NYes
Waterfront Featureswaterfront, gulf/ocean
Waterfront Y/NYes
Year Built1983
Zoningr3mx
Exterior for 5125 Gulf Of Mexico DRIVE #7
Building Area Total1024
Foundation Detailsslab
Lot Featurescity lot, sidewalk
Lot Size Acres
Parking Featuresassigned
Private PoolNo
Road Frontage Typestreet paved
Road Responsibilitypublic maintained road
Road Surface Typepaved, asphalt
Vegetationmature landscaping
Water Sourcepublic
Additional Details
Price History
Schools
Middle School
Martha B. King Middle
High School
Bayshore High
Elementary School
Anna Maria Elementary
Diana Fahmie
Realtor