Longboat Key, FL 34228,5125 GULF OF MEXICO DR #4
Longboat Key, FL 34228,5125 GULF OF MEXICO DR #4
Longboat Key, FL 34228,5125 GULF OF MEXICO DR #4
54
See all 54 photos
$775,000
Est. payment /mo
2 Beds
2 Baths
961 SqFt
Active

5125 GULF OF MEXICO DR #4 Longboat Key, FL 34228

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Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 961 sqft

Price per Sqft $806

Subdivision Seagrape Inn

MLS Listing ID A4645905

Bedrooms 2

Full Baths 2

Condo Fees $7,549

HOA Y/N No

Annual Recurring Fee 30196.0

Year Built 1983

Annual Tax Amount $7,545

Property Sub-Type Condominium

Source Stellar MLS

Property Description

Attention Investors! This is a rare opportunity to own on the beach on LBK and collect rent. The GROSS INCOME from 1/1/25-10/12/2025 is $62,469. This intimate, unique beachfront resort has only 8 condos and is available for daily, weekly or monthly rentals. All condos are beautifully appointed and smoke free. You will enjoy many relaxing hours on the beach where chairs are provided for you. The kitchen has stone counters and every small appliance you like to use. The screened porch is a quiet refuge from which to view the Gulf water and the lush landscaping. On site management handles all rentals, cleaning, advertising, bookkeeping and other administrative business. There are no HIDDEN CHARGES, (NO linen rental fee, NO cleaning fee, No business tax fee,) as there are in other vacation rentals. This lovely condo is being offered TURNKEY FURNISHED. Restaurants, nature trails, a park with tennis and pickleball, and food shopping are close by. Financials will be provided upon request. Visit the Seagrape website for room rates etc. theseagrapeinn.com. This condo is heavily booked so showings are available only on check out day which is usually Saturday at 10.Call agent for availability. Life is good on Longboat Key!

Location

State FL

County Manatee

Community Seagrape Inn

Area 34228 - Longboat Key

Zoning R3MX

Interior

Interior Features Ceiling Fans(s), Living Room/Dining Room Combo, Solid Surface Counters

Heating Central, Electric

Cooling Central Air

Flooring Carpet, Tile

Furnishings Turnkey

Fireplace false

Appliance Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Range, Refrigerator

Laundry Common Area

Exterior

Exterior Feature Sliding Doors

Parking Features Assigned

Pool Heated, In Ground

Community Features Pool

Utilities Available BB/HS Internet Available, Cable Connected, Electricity Connected, Underground Utilities, Water Connected

Amenities Available Cable TV, Clubhouse, Laundry, Maintenance, Pool

Waterfront Description Gulf/Ocean

View Y/N Yes

Water Access Yes

Water Access Desc Beach,Gulf/Ocean

View Water

Roof Type Membrane

Porch Porch, Screened

Garage false

Private Pool No

Building

Lot Description Flood Insurance Required, FloodZone, Landscaped

Story 2

Entry Level One

Foundation Slab

Lot Size Range Non-Applicable

Sewer Public Sewer

Water Public

Architectural Style Florida

Unit Floor 1

Structure Type Concrete,Stucco

New Construction false

Schools

Elementary Schools Anna Maria Elementary

Middle Schools Martha B. King Middle

High Schools Bayshore High

Others

Pets Allowed No

HOA Fee Include Cable TV,Pool,Escrow Reserves Fund,Insurance,Internet,Maintenance Structure,Maintenance Grounds,Management,Pest Control,Sewer,Trash,Water

Senior Community No

Ownership Fee Simple

Monthly Total Fees $2, 516

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition None

Virtual Tour https://iplayerhd.co are m/player/b493a0b0-214d-4a52-b56e-b2c542979763


Stellar MLS
Listed by Bobbie Banan MICHAEL SAUNDERS & COMPANY

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HEIDY OLEA

HEIDY OLEA

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+1(239) 318-4689

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5125 GULF OF MEXICO DR #4