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5125 Gulf Of Mexico Drive Unit: Unit: 7, Longboat Key, FL

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$1,020,000

($1,061/sqft)

List Status: Active
5125 Gulf Of Mexico Drive
Longboat Key, FL 34228


2 beds
2 baths
961 living sqft
Top Features
  • Frontage: Gulf/Ocean
  • View: Water
  • Subdivision: Seagrape Inn
  • Built in  1983
  • Condominium
Description
Property Details
Additional Information
Additional Lease Restrictions
For details please refer to the Association.
Additional Parcels YN
false
Appliances
Convection Oven, Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator
Approval Process
For details please refer to the Association.
Architectural Style
Other
Association Amenities
Laundry, Other, Pool
Association Approval Required YN
1
Association Email
seagrapeinn@gmail.com
Association Fee Includes
Pool, Maintenance Structure, Maintenance Grounds, Management, Sewer, Trash, Water
Association YN
true
Available For Lease YN
1
Bathrooms Total Integer
2
Building Area Source
Public Records
Building Area Total
1024
Building Area Total Srch SqM
95.13
Building Area Units
Square Feet
Building Name Number
5125
Calculated List Price By Calculated SqFt
1061.39
Carport YN
false
Community Features
Deed Restrictions, Pool
Complex Community Name NCCB
SEAGRAPE INN
Condo Fees
2356
Condo Fees Term
Monthly
Construction Materials
Block, Stucco
Cooling
Central Air
Country
US
Cumulative Days On Market
182
Current Price
1020000.00
Direction Faces
South
Disclosures
HOA/PUD/Condo Disclosure, Seller Property Disclosure
Elementary School
Anna Maria Elementary
Exterior Features
Outdoor Grill
Fireplace YN
true
Flood Zone Code
AE
Flood Zone Date
2021-08-10
Floor Number
2
Flooring
Tile
Foundation Details
Slab
Furnished
Turnkey
Garage YN
false
Heating
Electric
High School
Bayshore High
Home Warranty YN
false
Interior Features
Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Thermostat
Internet Address Display YN
true
Internet Automated Valuation Display YN
false
Internet Consumer Comment YN
false
Internet Entire Listing Display YN
true
Laundry Features
Outside
Levels
One
List AOR
Sarasota - Manatee
Listing Exclusion YN
1
Living Area Meters
89.28
Living Area Source
Public Records
Living Area Units
Square Feet
Lot Features
City Limits, Sidewalk, Paved
Management
Full Time
Middle Or Junior School
Martha B. King Middle
Minimum Lease
No Minimum
Modification Timestamp
2025-01-21T17:57:08.783Z
Monthly Condo Fee Amount
2356
New Construction YN
false
Num Times per Year
365
Occupant Type
Tenant
Ownership
Condominium
Parcel Number
7997300400
Patio And Porch Features
Screened
Pets Allowed
No
Pool Dimensions
Community
Pool Features
Gunite, Heated, Lighting, Outside Bath Access
Pool Private YN
false
Postal Code Plus 4
2099
Property Description
Corner Unit, End Unit
Public Remarks
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.
Public Survey Range
16E
Public Survey Section
25
RATIO Current Price By Calculated SqFt
1061.39
Realtor Info
Docs Available, See Attachments
Road Responsibility
Public Maintained Road
Road Surface Type
Asphalt
Roof
Built-Up
Room Count
8
SW Subdiv Community Name
Seagrape Inn Condo
Senior Community YN
false
Sewer
Public Sewer
Showing Requirements
Appointment Only, Other, See Remarks, ShowingTime
Status Change Timestamp
2025-01-21T13:45:49.000Z
Stories Total
2
Tax Annual Amount
11168
Tax Book Number
976-1255
Tax Legal Description
UNIT 7 SEAGRAPE INN CONDO PI#79973.0040/0
Tax Lot
7
Tax Year
2024
Total Acreage
Non-Applicable
Total Annual Fees
28272.00
Total Monthly Fees
2356.00
Township
35S
Universal Property Id
US-12081-N-7997300400-S-7
Unparsed Address
5125 GULF OF MEXICO DR #7
Utilities
Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
Vegetation
Mature Landscaping
Water Access
Beach, Gulf/Ocean to Bay
Water Access YN
1
Water Body Name
GULF OF MEXICO
Water Frontage Feet Gulf Ocean
100
Water Source
Public
Water View
Gulf/Ocean - Partial
Water View YN
1
Waterfront Feet Total
100
Waterfront YN
true
Window Features
Blinds
Zoning
R3MX
Zoning Compatible YN
1
Neighborhood Map
Popup

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MLS #MFRN6136477 Listing courtesy of Keller Williams On The Water S provided by Stellar MLS.

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All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independent verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. The source of the listing data is as follows: Stellar MLS (updated 1/21/25 7:51 PM) |

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