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5125 Gulf Of Mexico Drive , #7

Longboat Key, FL 34228
  • $1,020,000
  • STATUS: Active
  • ON SITE: 97 Days
  • MLS #: N6136477
UPDATED: 69 min ago
$1,020,000
  • 2
    BEDS
  • N/A
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 961
    SQFT
  • $1,061
    $/SQFT
Neighborhood:
Type:
Condo
Built:
1983
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

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 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 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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© 2025 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. 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 independently verified. Listing information is provided for consumers 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. Data last updated 2025-04-29T13:45:59.557.
www.endlesssummerlivingfl.com/homes/159606040
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5125 Gulf Of Mexico Drive , #7 Longboat Key, FL 34228

  • Price: $1,020,000
  • Status: Active
  • On Site: 97 Days
  • Updated: 69 min ago
  • MLS #: N6136477
2
Beds
2
Baths
0
½ Baths
N/A
Acres
961
SQFT
$1,061
$/SQFT
1983
Built
Neighborhood:
Seagrape Inn
County:
Manatee
Area:
Longboat Key
Elementary School:
Anna Maria Elementary
Middle School:
Martha B. King Middle
High School:
Bayshore High
Property Description
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 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 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.
Exterior Features

Architectural Style Other Carport Yn No Construction Materials BlockStucco Direction Faces South Exterior Features Outdoor Grill Foundation Details Slab Lot Features City LotSidewalk Parking Features Assigned Patio And Porch Features Screened Pool Dimensions Community Pool Features GuniteHeatedLightingOutside Bath Access Pool Private Yn No Road Frontage Type Street Paved Road Surface Type PavedAsphalt Roof Built-Up View Water Water Access BeachGulf/Ocean to Bay Water Access Yn Yes Water Body Name Gulf Of Mexico Water Extras Yn No Water View Gulf/Ocean - Partial Water View Yn Yes Waterfront Features WaterfrontGulf/Ocean Waterfront Feet Total 100 Waterfront Yn Yes

Interior Features

Appliances Convection OvenDishwasherDisposalElectric Water HeaterMicrowaveRangeRange HoodRefrigerator Building Area Total 1024 Building Elevator Yn No Cooling Central Air Cooling YN Yes Fireplace Yn Yes Flooring Tile Furnished Turnkey Heating Electric Heating YN Yes Interior Features Living Room/Dining Room ComboOpen FloorplanPrimary Bedroom Main FloorThermostat Laundry Features Outside Levels One Rooms Living Room Kitchen Primary Bedroom (Walk-In Closet(s)) Dining Room Bedroom 2 (Built-in Closet) Primary Bathroom (Makeup/Vanity SpaceShower No TubSingle Vanity) Bathroom 2 (Makeup/Vanity SpaceShower No TubSingle Vanity) Balcony/Porch/Lanai Sewer Public Sewer Stories Total 2 Water Source Public Window Features Blinds

Property Features

Additional Lease Restrictions For details please refer to the Association. Approval Process For details please refer to the Association. Association Amenities LaundryOtherPool Association Approval Required Yn Yes Association Fee Includes Community PoolMaintenance StructureMaintenance GroundsManagerSewerTrashWater Association Fee Requirement None Association Montly Maint Amt Add To Hoa 0 Association Yn Yes Building Name Number 5125 Cdd Yn No Community Features Water AccessWaterfrontDeed RestrictionsPool Condo Fee Monthly Amount 2516 Condo Fees 2516 Condo Fees Term Monthly Condo Land Included Yn No Down Payment Resource No Flood Zone Code AE Floor Number 2 Garage Yn No Homestead Yn No Lease Considered YN Yes Lease Restrictions YN No Listing Terms CashConventionalOther Minimum Lease No Minimum New Construction Yn No Ownership Condominium Pets Allowed No Property Sub Type Condominium Realtor Info Docs AvailableSee Attachments Senior Community Yn No Special Listing Conditions None Sw Subdiv Community Name Seagrape Inn Condo Tax Annual Amount 11168 Total Annual Fees 30192 Total Monthly Fees 2516 Utilities Cable ConnectedElectricity ConnectedPublicSewer ConnectedWater Connected Yrs Of Owner Prior To Leasing Re No Zoning R3MX


Listing information © 2025 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of KELLER WILLIAMS ON THE WATER S: 941-803-7522.



© 2025 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. 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 independently verified. Listing information is provided for consumers 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. Data last updated 2025-04-29T13:45:59.557.
 
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1575 Main St
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