FL > Longboat Key > Seagrape Inn
Longboat Key, FL 34228,5125 GULF OF MEXICO DR #7
Longboat Key, FL 34228,5125 GULF OF MEXICO DR #7
Longboat Key, FL 34228,5125 GULF OF MEXICO DR #7
52
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$975,000
Est. payment /mo
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2 Beds
2 Baths
961 SqFt
Active

5125 GULF OF MEXICO DR #7 Longboat Key, FL 34228

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HEIDY OLEA

HEIDY OLEA

+1(239) 318-4689

UPDATED:

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 961 sqft

Price per Sqft $1,014

Subdivision Seagrape Inn

MLS Listing ID N6141238

Bedrooms 2

Full Baths 2

Condo Fees $2,516

HOA Y/N No

Annual Recurring Fee 30192.0

Year Built 1983

Annual Tax Amount $11,168

Property Sub-Type Condominium

Source Stellar MLS

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 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.

Location

State FL

County Manatee

Community Seagrape Inn

Area 34228 - Longboat Key

Zoning R3MX

Interior

Interior Features Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Thermostat

Heating Electric

Cooling Central Air

Flooring Tile

Furnishings Turnkey

Fireplace false

Appliance Convection Oven, Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator

Laundry Outside

Exterior

Exterior Feature Outdoor Grill

Parking Features Assigned

Pool Gunite, Heated, Lighting, Outside Bath Access

Community Features Deed Restrictions, Pool

Utilities Available Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected

Amenities Available Laundry, Other, Pool

Waterfront Description Gulf/Ocean

View Y/N Yes

Water Access Yes

Water Access Desc Beach,Gulf/Ocean to Bay

View Water

Roof Type Built-Up

Porch Screened

Garage false

Private Pool No

Building

Lot Description City Limits, Sidewalk, Paved

Story 2

Entry Level One

Foundation Slab

Lot Size Range Non-Applicable

Sewer Public Sewer

Water Public

Architectural Style Other

Unit Floor 2

Structure Type Block,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 Pool,Maintenance Structure,Maintenance Grounds,Management,Sewer,Trash,Water

Senior Community No

Ownership Condominium

Monthly Total Fees $2, 516

Acceptable Financing Cash, Conventional, Other

Membership Fee Required None

Listing Terms Cash, Conventional, Other

Special Listing Condition None

Virtual Tour https://tours.vtourhomes.com/seagrapeunit75125gulfofmexicodrlongboatkey?b=0

Stellar MLS
© 2025 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Listed by Patrick Brogley KELLER WILLIAMS ON THE WATER S

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HEIDY OLEA

HEIDY OLEA

Broker / Owner | License ID: BK3428799

+1(239) 318-4689

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5125 GULF OF MEXICO DR #7