5125 Gulf Of Mexico Drive Unit 7, Longboat Key, FL 34228
- $917,000
- 2
- BD
- 2
- BA
- 961
- SqFt
- Sold Price
- $917,000
- List Price
- $975,000
- Status
- Sold
- Days on Market
- 164
- Closing Date
- May 21, 2026
- MLS#
- N6141238
- Property Style
- Condo
- Architectural Style
- Other
- Year Built
- 1983
- Bedrooms
- 2
- Bathrooms
- 2
- Living Area
- 961
- Price per sq. ft.
- 1014.57
- Total Acreage
- Non-Applicable
- Building Name
- 5125
- Monthly Condo Fee
- 2298
- Legal Subdivision Name
- Seagrape Inn
- Complex/Comm Name
- Seagrape Inn
- Community Name
- Seagrape Inn Condo
- MLS Area Major
- Longboat Key
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.
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Additional Information
- Taxes
- $11168
- Minimum Lease Period
- 1-7 Days
- Max Times per Year
- 365
- Maintenance Includes
- Pool, Maintenance Structure, Maintenance Grounds, Management, Sewer, Trash, Water
- Condo Fees
- $2298
- Condo Fees Term
- Monthly
- Location
- City Limits, Sidewalk, Paved
- Community Features
- Deed Restrictions, Pool
- Property Description
- One Story
- Zoning
- R3MX
- Interior Features
- Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Thermostat
- Floor
- Tile
- Appliances
- Convection Oven, Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator
- Utilities
- Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
- Heating
- Electric
- Air Conditioning
- Central Air
- Exterior Construction
- Block, Stucco
- Exterior Features
- Outdoor Grill
- Roof
- Built-Up
- Foundation
- Slab
- Pool
- Community
- Pool Type
- Gunite, Heated, Lighting, Outside Bath Access
- Garage Features
- Assigned
- Elementary School
- Anna Maria Elementary
- Middle School
- Martha B. King Middle
- High School
- Bayshore High
- Water Name
- Gulf Of Mexico
- Water View
- Gulf/Ocean - Partial
- Water Access
- Beach, Gulf/Ocean to Bay
- Water Frontage
- Gulf/Ocean
- Pets
- Not Allowed
- Floor Number
- 2
- Flood Zone Code
- AE
- Parcel ID
- 7997300400
- Legal Description
- UNIT 7 SEAGRAPE INN CONDO PI#79973.0040/0
Listing courtesy of KELLER WILLIAMS ON THE WATER S. 941-803-7522
Selling Office: KW COASTAL LIVING III.Mortgage Calculator
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