5125 Gulf Of Mexico Drive 7, LONGBOAT KEY, FL 34228
Request More Information
  • All fields are required.
  • MLS#: A4616212 ( Residential )
  • Street Address: 5125 Gulf Of Mexico Drive 7
  • Viewed: 2
  • Price: $1,250,000
  • Price sqft: $1,221
  • Waterfront: Yes
  • Wateraccess: Yes
  • Waterfront Type: Beach Front
  • Year Built: 1983
  • Bldg sqft: 1024
  • Bedrooms: 2
  • Total Baths: 2
  • Full Baths: 2
  • Days On Market: 172
  • Additional Information
  • Geolocation: 27.4063 / -82.6544
  • County: MANATEE
  • City: LONGBOAT KEY
  • Zipcode: 34228
  • Subdivision: Seagrape Inn
  • Building: Seagrape Inn
  • Elementary School: Anna Maria Elementary
  • Middle School: Martha B. King Middle
  • High School: Bayshore High
  • Provided by: CENTURY 21 BEGGINS ENTERPRISES
  • Contact: Jesse Griffin
  • 941-387-8888
  • mfrmls
  • DMCA Notice
  • Description
    Exceptional Investment Opportunity: Turnkey Furnished Condo at Seagrape Inn** Discover an exceptional investment opportunity with this elegant, fully renovated, turnkey furnished condo in the exclusive boutique style Seagrape Inn, a resort with only eight units. Nestled beachside on the beautiful Gulf of Mexico, the Seagrape Inn offers an idyllic setting for both personal use and rental income. Owners can enjoy unlimited personal usage while benefiting from a lucrative rental program managed by a professional on site property manager, with no minimum rental restrictions. This condo promises potential annual revenue exceeding $106,000 currently, while still allowing ample personal use. The current owners have a profit and loss statement ready to share. The Seagrape Inn is meticulously maintained, featuring lush landscaping in an upscale tropical setting. Unit 7, located on the second floor, offers exceptional views of the ocean and pool. Relax on your screened lanai, enjoying the warm breeze with your morning coffee, afternoon cocktail, or a good book. Inside, the spacious open floor plan provides plenty of room to unwind, complete with all new, comfortable furniture and a flat screen TV in the living area. The fully renovated interior boasts first class materials and finishes throughout the entire space. Improvements made 2023/2024 include new luxury waterproof vinyl floors throughout, new interior paint, new doors and trim, a full kitchen renovation with new cabinets, granite countertops, and appliances. Both bathrooms have been fully renovated with new tiles, vanities, and showers. The primary bedroom features an inviting king size bed, ample closet space, a flat screen TV, and a recently remodeled bathroom. The second bedroom includes a queen size bed, a flat screen TV, and a recently remodeled bath as well. A new A/C unit was installed in 2021. This condo is sold fully turn key furnished and, includes dedicated parking an owner's locker, and is conveniently located near restaurants and shops. The complex recently installed hurricane windows and doors. Amenities at Seagrape Inn include: Private Entrance to Each Condo Private Heated Pool Private Beach Area with Lounge Chairs & Umbrellas On Site Laundry & Ice Machine Upgraded Wi Fi throughout the Resort Cable TV Gazebo with Gas BBQ Grill Beach Towels & Linens Enjoy the extremely private, quiet, and serene atmosphere of this lovely condo, the perfect getaway to relax and enjoy spectacular Gulf sunsets while creating new memories. Don't miss this opportunity! ****Please note, the HOA quarterly fee includes the onsite Rental/CAM Managers salary. Beyond the CAM manager's responsibility of operations expense, upkeep, board meetings, financials, etc.. She also handles all Rental bookings, advertising, cleaning, receipts, ect. BUT there is no money owed or due for these rental agent services as it is already built into your quarterly hoa fee.****
Payment Calculator
  •   Principal & Interest -
  •   Property Tax $
  •   Home Insurance $
  •   HOA Fees $
  •   Mortgage Insurance-

  •   Monthly -
Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Balcony, Hurricane Shutters, Irrigation System, Lighting, Outdoor Grill, Sidewalk, Sliding Doors
  • Flooring: Ceramic Tile, Luxury Vinyl
  • Living Area: 961.00
  • Other Structures: Storage
  • Roof: Membrane
Property Information
  • Property Condition: Completed
Land Information
  • Lot Features: CoastalConstruction Control Line, FloodZone, City Limits, Near Marina, Sidewalk
School Information
  • High School: Bayshore High
  • Middle School: Martha B. King Middle
  • School Elementary: Anna Maria Elementary
Garage and Parking
  • Garage Spaces: 0.00
Eco-Communities
  • Pool Features: Gunite, Heated, In Ground
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Heating: Central
  • Pets Allowed: Yes
  • Sewer: Public Sewer
  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Public, Street Lights, Underground Utilities
Amenities
  • Association Amenities: Laundry, Maintenance, Storage
Finance and Tax Information
  • Home Owners Association Fee Includes: Pool, Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds, Maintenance, Management, Sewer, Trash, Water
  • Home Owners Association Fee: 7069.00
  • Net Operating Income: 0.00
  • Tax Year: 2023
Other Features
  • Appliances: Convection Oven, Dishwasher, Disposal, Electric Water Heater, Microwave, Range Hood, Refrigerator
  • Association Name: Seagrape Inn
  • Country: US
  • Furnished: Furnished
  • Interior Features: Living Room/Dining Room Combo, Open Floorplan, Split Bedroom, Thermostat
  • Legal Description: UNIT 7 SEAGRAPE INN CONDO PI#79973.0040/0
  • Levels: One
  • Area Major: 34228 - Longboat Key
  • Occupant Type: Tenant
  • Parcel Number: 7997300400
  • Style: Traditional
  • View: Water
  • Zoning Code: LBK_R-3MX
Similar Properties

Details for 1000 Longboat Club Road  1103, LONGBOAT KEY, FL 34228
$1,282,000.00 ($849.57 / sqft )

1000 Longboat Club Road 1103 Virtual Tour More Like This

This penthouse top floor updated lovely condo is located directly on the beautiful Gulf of Mexico beach and ready to move into tomorrow. Expansive views of the Sarasota Bay including downtown Sarasota

  1. Bedrooms: 2
  2. Baths: 2
  3. Approx. 1509 sqft
  4. Approx. 1.92 acres
  1. MLSID: A4620940
  2. Provided by MICHAEL SAUNDERS & COMPANY
  3. Contact Jenine Meyer
  4. mfrmls
  5. DMCA Notice
Details for 5201 Gulf Of Mexico Drive 104, LONGBOAT KEY, FL 34228
$1,190,000.00 ($929.69 / sqft )

5201 Gulf Of Mexico Drive 104 Virtual Tour More Like This

Discover the ultimate vacation retreat at 5201 Gulf of Mexico Drive, Unit 104, a fully renovated, turn key 2 bedroom, 2 bath condo in a boutique complex of just eight units on Longboat Key. Spectacula

  1. Bedrooms: 2
  2. Baths: 2
  3. Approx. 1280 sqft
  1. MLSID: A4629489
  2. Provided by RE/MAX ALLIANCE GROUP
  3. Contact Joey Lamielle
  4. mfrmls
  5. DMCA Notice
Details for 3453 Winding Oaks Drive 27, LONGBOAT KEY, FL 34228
$1,150,000.00 ($346.07 / sqft )

3453 Winding Oaks Drive 27 Virtual Tour More Like This

Location, Location, Location! This three bedroom, three bath villa/condo, located on the desirable side of the community in coveted Winding Oaks can be yours. One of 56 Nantucket style, maintenance

  1. Bedrooms: 3
  2. Baths: 3
  3. Approx. 3323 sqft
  1. MLSID: A4589152
  2. Provided by COLDWELL BANKER REALTY
  3. Contact Toni Giliberti
  4. mfrmls
  5. DMCA Notice
Details for 3235 Gulf Of Mexico Drive A305, LONGBOAT KEY, FL 34228
$1,195,000.00 ($841.55 / sqft )

3235 Gulf Of Mexico Drive A305 Virtual Tour More Like This

Welcome to your own personal coastal retreat at Portobello on Longboat Key. This exquisitely furnished 2 bedroom beachfront condo spans 1,260 square feet, offering beautiful, serene Gulf views from bo

  1. Bedrooms: 2
  2. Baths: 2
  3. Approx. 1420 sqft
  1. MLSID: A4624448
  2. Provided by COMPASS FLORIDA LLC
  3. Contact Shana Hamel, PLLC
  4. mfrmls
  5. DMCA Notice
Details for 100 Sands Point Road 223, LONGBOAT KEY, FL 34228
$1,285,000.00 ($662.03 / sqft )

100 Sands Point Road 223 Virtual Tour More Like This

Phenomenal opportunity to purchase a newly renovated condo in the exclusive Sands Point community. A piece of your paradise awaits at this 1941 sqft oasis at the southernmost tip of Longboat Key, nest

  1. Bedrooms: 2
  2. Baths: 2
  3. Approx. 1941 sqft
  1. MLSID: A4629111
  2. Provided by KELLER WILLIAMS ON THE WATER S
  3. Contact Diane Smith
  4. mfrmls
  5. DMCA Notice
Details for 1095 Gulf Of Mexico Drive 502, LONGBOAT KEY, FL 34228
$1,199,000.00 ($803.62 / sqft )

1095 Gulf Of Mexico Drive 502 Virtual Tour More Like This

Welcome to Paradise! Whether youre an investor seeking a fantastic opportunity, a snowbird escaping the cold, a second home buyer, or someone looking for a perfect beachfront condo to call homedont mi

  1. Bedrooms: 2
  2. Baths: 2
  3. Approx. 1492 sqft
  1. MLSID: A4629803
  2. Provided by MANGROVE REALTY ASSOCIATES
  3. Contact Michael Renick PLLC
  4. mfrmls
  5. DMCA Notice
Details for 2301 Gulf Of Mexico Drive 21n, LONGBOAT KEY, FL 34228
$1,299,000.00 ($874.75 / sqft )

2301 Gulf Of Mexico Drive 21n Virtual Tour More Like This

No Interior Hurricane damage & lots of progress on the buildings repairs. Turn key furnished Located in the heart of Longboat Key, The Islander Club is a sought after beachfront community offering r

  1. Bedrooms: 2
  2. Baths: 2
  3. Approx. 1485 sqft
  1. MLSID: A4618051
  2. Provided by MICHAEL SAUNDERS & COMPANY
  3. Contact Kathy Callahan
  4. mfrmls
  5. DMCA Notice
Details for 4545 Gulf Of Mexico Drive 408, LONGBOAT KEY, FL 34228
$1,275,000.00 ($801.89 / sqft )

4545 Gulf Of Mexico Drive 408 Virtual Tour More Like This

Discover the beauty of coastal living in this unfurnished two bedroom condo perfectly situated on Longboat Key at mid Key. With breathtaking views of the Gulf of Mexico from almost every room, this h

  1. Bedrooms: 2
  2. Baths: 2
  3. Approx. 1590 sqft
  1. MLSID: A4630978
  2. Provided by MICHAEL SAUNDERS & COMPANY
  3. Contact Susan Smith
  4. mfrmls
  5. DMCA Notice
Details for 2109 Gulf Of Mexico Drive 1303, LONGBOAT KEY, FL 34228
$1,249,000.00 ($765.79 / sqft )

2109 Gulf Of Mexico Drive 1303 Virtual Tour More Like This

Experience coastal living at its finest in this immaculately renovated 2 bedroom 2 bath beachfront residence. OCEAN VIEWS FROM EVERY ROOM! An open concept living area, with floor to ceiling impact re

  1. Bedrooms: 2
  2. Baths: 2
  3. Approx. 1631 sqft
  4. Approx. 4.26 acres
  1. MLSID: A4631157
  2. Provided by COLDWELL BANKER REALTY
  3. Contact Wendy Leventhal
  4. mfrmls
  5. DMCA Notice
Details for 4725 Gulf Of Mexico Drive 103, LONGBOAT KEY, FL 34228
$1,299,999.00 ($1,259.69 / sqft )

4725 Gulf Of Mexico Drive 103 Virtual Tour More Like This

Rare opportunity to own a premier beachfront unit at the sand cay beach resort. This is a highly sought after, main floor, direct gulf front residence with walkout to beach. Well established vacation

  1. Bedrooms: 2
  2. Baths: 2
  3. Approx. 1032 sqft
  1. MLSID: TB8327847
  2. Provided by HOT HOMES REALTY
  3. Contact Isy Bundziak
  4. mfrmls
  5. DMCA Notice