$975,000
5125 Gulf Of Mexico Drive #7 Longboat Key, FL 34228 - GULF OF MEXICO
For Sale MLS# N6141238
2 beds 2 baths 961 sq ft Condo
Details for 5125 Gulf Of Mexico Drive #7
MLS# N6141238
Description for 5125 Gulf Of Mexico Drive #7, Longboat Key, FL, 34228 - GULF OF MEXICO
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.
Listing Information
Property Type: Residential, Condominium
Status: Active
Bedrooms: 2
Bathrooms: 2
Square Feet: 961 sq ft
Year Built: 1983
Stories: 1 Story
Construction: Block,Stucco
Subdivision: Seagrape Inn
Foundation: Slab
County: Manatee
School Information
Elementary: Anna Maria Elementary
Middle: Martha B. King Middle
High: Bayshore High
Room Information
Main Floor
Porch:
Bathroom 2:
Bedroom 2: 12x12
Primary Bathroom: 4x7
Primary Bedroom: 12x14
Dining Room:
Kitchen: 11x9
Living Room: 17x15
Bathrooms
Full Baths: 2
Additonal Room Information
Laundry: Outside
Interior Features
Appliances: Electric Water Heater, Microwave, Range, Refrigerator, Dishwasher, Disposal, Range Hood, Convection Oven
Flooring: Tile
Doors/Windows: Blinds
Additional Interior Features: Main Level Primary, Living/Dining Room, Open Floorplan
Utilities
Water: Public
Sewer: Public Sewer
Other Utilities: Cable Connected,Electricity Connected,Municipal Utilities,Sewer Connected,Water Connected
Cooling: Central Air
Heating: Electric
Exterior / Lot Features
Parking Description: Assigned
Roof: Built-Up
Pool: Association, Heated, Community, Outside Bath Access, Gunite
Lot View: Ocean,Water
Additional Exterior/Lot Features: Outdoor Grill, Screened, Landscaped, City Lot
Waterfront Details
Standard Water Body: GULF OF MEXICO
Water Front Features: Ocean Access, Beach Access
Community Features
Community Features: Pool, Sidewalks, Waterfront, Water Access
Association Amenities: Pool, Laundry, Other
HOA Dues Include: Pool(s), Trash, Water, Association Management, Maintenance Structure, Sewer, Maintenance Grounds
Driving Directions
From Sarasota: Drive from John Ringling Cswy and Gulf of Mexico Dr to Longboat Key. Turn left. Destination will be on the right.
Financial Considerations
Terms: Cash,Conventional,Other
Tax/Property ID: 7997300400
Tax Amount: 11168
Tax Year: 2024
A broker reciprocity listing courtesy: KELLER WILLIAMS ON THE WATER S
Based on information provided by Stellar MLS as distributed by the MLS GRID. Information from the Internet Data Exchange is provided exclusively for consumers’ personal, non-commercial use, and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is deemed reliable but is not guaranteed to be accurate by Edina Realty, Inc., or by the MLS. Edina Realty, Inc., is not a multiple listing service (MLS), nor does it offer MLS access.
Copyright 2025 Stellar MLS as distributed by the MLS GRID. All Rights Reserved.
Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 5125 Gulf Of Mexico Drive #7
Sales History
| Date | Price | Change |
|---|---|---|
| Currently not available. | ||
Tax Summary
| Tax Year | Estimated Market Value | Total Tax |
|---|---|---|
| Currently not available. | ||
Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
Schools
Schools nearby 5125 Gulf Of Mexico Drive #7
| Schools in attendance boundaries | Grades | Distance | Rating |
|---|---|---|---|
| Loading... | |||
| Schools nearby | Grades | Distance | Rating |
|---|---|---|---|
| Loading... | |||
Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
Coming soon properties will soon be on the market, but are not yet available for showings.