5125 gulf of mexico dr #7 Longboat key, Florida FL
ACTIVE CONDOMINIUM
$1,020,000
Bed
2 Bath
961 sqft
Interested in 5125 gulf of mexico dr #7?
5125 gulf of mexico dr #7
Longboat key, Florida FL
ACTIVE
CONDOMINIUM
USD $1,020,000
Bed 2 Bath 961 sqft
Property Information
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.
Source: Stellar MLS
MLS#: N6136477
Additional Rooms:
Appliances: Refrigerator,
Building Area Units: Square Feet
Building Elevator: False
Cooling Type: Central Air,
Fireplace: False
Floor Number: 2
Flooring: Tile,
Heating Type: Electric,
Stories Total: 2
Interior Features: Thermostat,
Laundry Features: Outside,
Levels: One,
Living Area SQ ft: 961
Living Area Meters: 89.28
Living Area Source: Public Records
Living Area Units: Square Feet
Room Count: 8
Spa:
Spa Features: In Ground,
Architectural Style: Other,
Attached Garage:
Carport: 0
Construction Materials:
Exterior Features: Outdoor Grill,
Foundation Details: Slab,
Garage: 0
Garage Spaces:
Homestead: False
Lot Features: Paved,
Lot Size Dimensions:
Lot Size SqFt: 0
Lot Size Square Meters: 0
Other Structures: Gazebo,
Parking Features: Assigned,
Pool Private: 0
Property Condition: Completed,
Property Description: Corner Unit,End Unit
Road Surface Type: Asphalt,
Roof: Built-Up,
Sewer: Public Sewer,
Total Acreage: Non-Applicable
Utilities: Water Connected,
View Type: Water,
Water Access: Beach,Gulf/Ocean to Bay
Water Extras: False
Water Source: Public,
Water View: True
Water View Type: Gulf/Ocean - Partial
Waterfront: Gulf/Ocean,
Window Features: Blinds,
Additional Lease Restrictions: For details please refer to the Association.
Association Fee Includes: Water,
Association Fee Requirement: None
Available For Lease: True
List Price By Calculated SqFt: 1061.39
Condo Fees: 2516
Condo Fees Term: Monthly
Condo Land Included: False
Current Price: $1,020,000
Disclosures: Seller Property Disclosure,
Existing Lease Tenant: False
Lease Restrictions: For details please refer to the Association.
Listing Exclusion: True
Listing Terms: Other,
Minimum Lease: No Minimum
Monthly Condo Fee Amount: 2516
Ownership: Condominium
Ratio Current Price By Calculate: 1061.39
Special Listing Conditions: None,
Tax Annual Amount: 11168
Tax Block:
Tax Book Number: 976-1255
Tax Lot:
Tax Year: 2024
Total Annual Fees: 30192.00
Total Monthly Fees: 2516.00
Association: 1
Association Amenities: Pool,
Association Approval Required: False
Association Name: Wanda Hatfield
Building Area Source: Public Records
Building Area Total: 1024
Community Development District: 0
Community Features: Pool,
Country: US
Direction Faces: South
Elementary School: Anna Maria Elementary
Flood Zone Code: AE
Flood Zone Panel:
High School: Bayshore High
Middle Or Junior School: Martha B. King Middle
MLS Area Major: 34228 - Longboat Key
SW Subdivision Community Name: Seagrape Inn Condo
Township: 35S
Water Body Name: GULF OF MEXICO
General Information
Area
Longboat key, Florida FL
Sewer
Public Sewer,
Roof
Built-Up,
County
Manatee
Lot Size
None
Levels
One,
Zoning
R3MX
Property Type
Condominium
Sqft
3,103
Year Built
1983
Tax Year
2024
Property Subtypes
Condominium
Your Agent
Patrick Brogley
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Listed by: Keller Williams On The Water 941-729-7400.
© My Florida Regional MLS DBA Stellar MLS 2024
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Data last updated on Thursday, February 27, 2025 02:09:09 PM.