Listing Details for MLS # N6136477
5125 Gulf Of Mexico Drive Unit 7, Longboat Key, Fl 34228

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    Residential Property - Condominium in Longboat Key

    Listing Price: $1,020,000Days on Market: 37Cumulative Days on Market: 219

    Description of Property

    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.The average asking price for a 2 bedroom/2 bath condominium in this Zip code is $1,077,550. This condominium is listed at about 95% of the average asking price. There are 32 2 bedroom/2 bath homes between $800,000 and $1,200,000 currently listed for sale in this Zip code. See other listings like this one »

    MLS #N6136477 - LONGBOAT KEY
    MLS #N6136477 - LONGBOAT KEY
    MLS #N6136477 - LONGBOAT KEY
    MLS #N6136477 - LONGBOAT KEY
    MLS #N6136477 - LONGBOAT KEY
    MLS #N6136477 - LONGBOAT KEY
    MLS #N6136477 - LONGBOAT KEY
    MLS #N6136477 - LONGBOAT KEY
    MLS #N6136477 - LONGBOAT KEY
    MLS #N6136477 - LONGBOAT KEY
    MLS #N6136477 - LONGBOAT KEY
    MLS #N6136477 - LONGBOAT KEY
    MLS #N6136477 - LONGBOAT KEY
    MLS #N6136477 - LONGBOAT KEY
    MLS #N6136477 - LONGBOAT KEY
    MLS #N6136477 - LONGBOAT KEY
    MLS #N6136477 - LONGBOAT KEY
    MLS #N6136477 - LONGBOAT KEY
    MLS #N6136477 - LONGBOAT KEY
    MLS #N6136477 - LONGBOAT KEY
    MLS #N6136477 - LONGBOAT KEY
    MLS #N6136477 - LONGBOAT KEY
    MLS #N6136477 - LONGBOAT KEY
    MLS #N6136477 - LONGBOAT KEY
    MLS #N6136477 - LONGBOAT KEY
    MLS #N6136477 - LONGBOAT KEY
    MLS #N6136477 - LONGBOAT KEY
    MLS #N6136477 - LONGBOAT KEY
    MLS #N6136477 - LONGBOAT KEY
    MLS #N6136477 - LONGBOAT KEY
    MLS #N6136477 - LONGBOAT KEY
    MLS #N6136477 - LONGBOAT KEY
    MLS #N6136477 - LONGBOAT KEY
    MLS #N6136477 - LONGBOAT KEY
    MLS #N6136477 - LONGBOAT KEY
    MLS #N6136477 - LONGBOAT KEY
    MLS #N6136477 - LONGBOAT KEY
    MLS #N6136477 - LONGBOAT KEY
    MLS #N6136477 - LONGBOAT KEY
    MLS #N6136477 - LONGBOAT KEY
    MLS #N6136477 - LONGBOAT KEY
    MLS #N6136477 - LONGBOAT KEY
    MLS #N6136477 - LONGBOAT KEY
    MLS #N6136477 - LONGBOAT KEY
    MLS #N6136477 - LONGBOAT KEY
    MLS #N6136477 - LONGBOAT KEY
    MLS #N6136477 - LONGBOAT KEY
    MLS #N6136477 - LONGBOAT KEY
    MLS #N6136477 - LONGBOAT KEY
    MLS #N6136477 - LONGBOAT KEY
    MLS #N6136477 - LONGBOAT KEY
    MLS #N6136477 - LONGBOAT KEY

    Bedrooms: 2
    Bathrooms: 2
    Sq. Ft. Gross: 1,024
    Garage: No
    Carport: No
    Parking Features: Assigned
    Spa Features:
    Water Frontage: Waterfront, Gulf/Ocean
    Water Features:
    Water Access: Beach, Gulf/Ocean to Bay

     

    Property Details At A Glance

    Property Type: Residential
    Property Use or Sub Type: Condominium
    City: Longboat Key
    County: Manatee
    Subdivision: Seagrape Inn
    Bedrooms: 2
    Bathrooms: 2
    Sq. Ft. Gross: 1,024
    Sq. Ft. Living Area: 961
    Cost per (heated) sqare foot: $1,061
    Year built: 1983
    Annual Tax: $11,168

    Condo Fee: $2,516 Monthly
    Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.

    Association Fee Includes:

    • Community Pool
    • Maintenance Structure
    • Maintenance Grounds
    • Manager
    • Sewer
    • Trash
    • Water

    Interior Features:

    • Living Room/Dining Room Combo
    • Open Floorplan
    • Primary Bedroom Main Floor
    • Thermostat

    Appliances:

    • Convection Oven
    • Dishwasher
    • Disposal
    • Electric Water Heater
    • Microwave
    • Range
    • Range Hood
    • Refrigerator

    Accessibility Features:

    Fireplace: Yes
    Fireplace Features:
    Window Features: Blinds

    Additional Rooms:

    Ceiling Type:
    Flooring: Tile

    Laundry Features: Outside

    Schools

    Elementary School: Anna Maria Elementary
    Middle/Junior High School: Martha B. King Middle
    High School: Bayshore High

    Pool & Waterfront Info

    Private Pool: Not specified

    Pool Features:

    • Gunite
    • Heated
    • Lighting
    • Outside Bath Access

    Spa Features:
    Water Front: Yes
    Water Frontage: Waterfront, Gulf/Ocean
    Water Access: Yes
    Water Access Type: Beach, Gulf/Ocean to Bay
    Water View: Gulf/Ocean - Partial
    Water Name: Gulf Of Mexico

    Water Extras:

    Exterior & Construction

    Architectural Style: Other
    Construction: Block, Stucco
    Foundation: Slab
    Roof: Built-Up
    Exterior Features: Outdoor Grill
    Parking Features: Assigned
    Floors Total: 2
    Floors in Unit: One
    Cooling: Central Air
    Heating & Fuel: Electric
    Electric:
    Patio & Porch Features: Screened
    Security Features:
    Other Structures:
    View: Water
    Fencing:

    Utilities:

    • Cable Connected
    • Electricity Connected
    • Public
    • Sewer Connected
    • Water Connected

    Sewer: Public Sewer
    Water Source: Public

    Community Features:

    • Water Access
    • Waterfront
    • Deed Restrictions
    • Pool

    Association Amenities:

    • Laundry
    • Other
    • Pool

    Lot Information

    Lot Features: City Lot, Sidewalk
    Road Frontage: Street Paved
    Front Exposure: South
    Adjoining Property:
    Current Adjacent Use:

    Legal Description & Other Information

    Financing Available: Cash, Conventional, Other
    Parcel Number: 7997300400
    Zoning: R3MX
    Pets Allowed/Pet Policies: No
    Tax Legal Desc.: UNIT 7 SEAGRAPE INN CONDO PI#79973.0040/0
    Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure
    Section: 25
    Range: 16E

    Map

     

    Listing courtesy of KELLER WILLIAMS ON THE WATER S. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.

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        https://www.sctre.com/details?MLNum=N6136477