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$1,020,000
32 Days On Site

5125 GULF OF MEXICO DRIVE 7
LONGBOAT KEY, FL 34228

For Sale|Condominium|Active
2
Beds
2
Full Baths
0
Partial Baths
961
SqFt
$1,061
/SqFt
1983
Built
Subdivision:
SEAGRAPE INN
County:
Manatee
Call Now: 941-685-5565
Is this the home for you? We can help make it yours.
941-685-5565
5125 GULF OF MEXICO DRIVE 75125 GULF OF MEXICO DRIVE 75125 GULF OF MEXICO DRIVE 75125 GULF OF MEXICO DRIVE 7
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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.

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Listing Snapshot
Price 
$1,020,000
Days On Site 
32 Days
Bedrooms 
2
Inside Area (SqFt) 
961 sqft
Total Baths 
2
Full Baths 
2
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1983
MLS® Number 
N6136477
Status 
Active
Property Tax 
$11,168
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
3 weeks agoListing updated with changes from the MLS®
a month agoStatus changed to Active
a month agoListing first seen on site
General Features
Direction Faces 
South
Disclosures 
HOA/PUD/Condo DisclosureSeller Property Disclosure
Foundation 
Slab
Number Of Stories 
2
Parking 
Assigned
Pets 
No
Property Sub Type 
Condominium
Sewer 
Public Sewer
SqFt Total 
1024
Stories 
One
Style 
Other
Utilities 
Cable AvailableCable ConnectedElectricity ConnectedSewer ConnectedWater Connected
Water Source 
Public
Zoning 
R3MX
Interior Features
Appliances 
Convection OvenDishwasherDisposalElectric Water HeaterMicrowaveRangeRange HoodRefrigerator
Cooling 
Central Air
Fireplace 
Yes
Flooring 
Tile
Heating 
Electric
Interior 
Open Floorplan
Laundry Features 
Outside
Window Features 
Blinds
Balcony/Porch/Lanai 
Level - First
Bathroom 2 
Level - First
Bedroom 2 
Dimensions - 12x12Level - First
Dining Room 
Level - First
Kitchen 
Dimensions - 9x11Level - First
Living Room 
Dimensions - 15x17Level - First
Master Bathroom 
Dimensions - 7x4Level - First
Master Bedroom 
Dimensions - 14x12Level - First
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Exterior Features
Construction Details 
BlockStucco
Exterior 
Outdoor Grill
Lot Features 
PavedWaterfront
Patio And Porch 
Screened
Pool Features 
GuniteHeated
Roof 
Built-Up
View 
Water
Waterfront 
Yes
Waterfront Features 
Ocean FrontBeach Access
Waterview 
Water
Windows/Doors 
Blinds
Community Features
Association Amenities 
LaundryOtherPool
Community Features 
Pool
Financing Terms Available 
CashConventional
MLS Area 
34228 - Longboat Key
Roads 
Asphalt
Township 
35S
Schools
School District
Unknown
Elementary School
Anna Maria Elementary
Middle School
Martha B. King Middle
High School
Bayshore High
Listing courtesy of KELLER WILLIAMS ON THE WATER S 9413619031



Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2025, Stellar MLS.
Last checked: 2025-02-22 01:58 PM EST

Neighborhood & Commute
Source: Walkscore
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