5125 Gulf of Mexico Drive UNIT #7 Longboat Key Florida | Home for Sale
To schedule a showing of 5125 Gulf of Mexico Drive UNIT #7, Longboat Key, Florida, Call David Shippey at 863-521-4517 TODAY!
Longboat Key, FL 34228
- 2Beds
- 2.00Total Baths
- 2 Full, 0 HalfBaths
- 961SqFt
- 1983Year Built
- 0.00Acres
- MLS# N6136477
- Residential
- Condominium
- Active
- Approx Time on Market6 months, 8 days
- Area34228 - Longboat Key
- CountyManatee
- Subdivision Seagrape Inn
Overview
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 investors 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 greenerya 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 propertys 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.
Agriculture / Farm
Association Fees / Info
Community Features: Pool, Waterfront, WaterAccess, Sidewalks
Pets Allowed: No
Senior Community: No
Hoa Fees Frequency: Monthly
Association: Yes
Association Amenities: Laundry, Other, Pool
Association Fee Includes: AssociationManagement, MaintenanceGrounds, MaintenanceStructure, Pools, Sewer, Trash, Water
Hoa Fees: 2516
Bathroom Info
Total Baths: 2.00
Fullbaths: 2
Building Info
Window Features: Blinds
Roof: BuiltUp
Building Area Source: PublicRecords
Buyer Compensation
Exterior Features
Style: Other
Pool Features: Gunite, Heated, OutsideBathAccess, Association, Community
Patio: Screened
Pool Private: No
Exterior Features: OutdoorGrill
Fees / Restrictions
Financial
Original Price: $1,020,000
Disclosures: CovenantsRestrictionsDisclosure
Garage / Parking
Open Parking: No
Parking Features: Assigned
Attached Garage: No
Garage: No
Carport: No
Green / Env Info
Interior Features
Fireplace: No
Floors: Tile
Levels: One
Spa: No
Laundry Features: Outside
Interior Features: LivingDiningRoom, MainLevelPrimary, OpenFloorplan
Appliances: ConvectionOven, Dishwasher, ElectricWaterHeater, Disposal, Microwave, Range, Refrigerator, RangeHood
Lot Info
Direction Remarks: From Sarasota: Drive from John Ringling Cswy and Gulf of Mexico Dr to Longboat Key. Turn left. Destination will be on the right.
Lot Size Units: Acres
Lot Desc: CityLot, Landscaped
Misc
Other
Special Conditions: None
Other Rooms Info
Property Info
Section: 25
Class Type: Condominium
Property Sub Type: Condominium
Property Attached: No
New Construction: No
Construction Materials: Block, Stucco
Stories: 1
Total Stories: 2
Foundation: Slab
Human Modified: Yes
Room Info
Total Rooms: 8
Sqft Info
Sqft: 961
Bulding Area Sqft: 1,024
Living Area Units: SquareFeet
Living Area Source: PublicRecords
Tax Info
Tax Year: 2,024
Tax Lot: 7
Tax Legal Description: UNIT 7 SEAGRAPE INN CONDO PI#79973.0040/0
Tax Annual Amount: 11168
Tax Book Number: 976-1255
Unit Info
Unit: 7
Utilities / Hvac
Heating: Electric
Water Source: Public
Sewer: PublicSewer
Cool System: CentralAir
Cooling: Yes
Heating: Yes
Utilities: CableConnected, ElectricityConnected, MunicipalUtilities, SewerConnected, WaterConnected
Waterfront / Water
Waterfront: Yes
Waterfront Features: BeachAccess, OceanAccess
View: Yes
Water Body Name: GULF OF MEXICO
View: Ocean, Water
Directions
From Sarasota: Drive from John Ringling Cswy and Gulf of Mexico Dr to Longboat Key. Turn left. Destination will be on the right.This listing courtesy of Keller Williams On The Water S
If you have any questions on 5125 Gulf of Mexico Drive UNIT #7, Longboat Key, Florida, please call David Shippey at 863-521-4517.
MLS# N6136477 located at 5125 Gulf of Mexico Drive UNIT #7, Longboat Key, Florida is brought to you by David Shippey REALTOR®
5125 Gulf of Mexico Drive UNIT #7, Longboat Key, Florida has 2 Beds, 2 Full Bath, and 0 Half Bath.
The MLS Number for 5125 Gulf of Mexico Drive UNIT #7, Longboat Key, Florida is N6136477.
The price for 5125 Gulf of Mexico Drive UNIT #7, Longboat Key, Florida is $975,000.
The status of 5125 Gulf of Mexico Drive UNIT #7, Longboat Key, Florida is Active.
The subdivision of 5125 Gulf of Mexico Drive UNIT #7, Longboat Key, Florida is Seagrape Inn.
The home located at 5125 Gulf of Mexico Drive UNIT #7, Longboat Key, Florida was built in 2025.
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