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5125 Gulf Of Mexico Drive Unit: Unit: 4, Longboat Key, FL

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$775,000

($806/sqft)

List Status: Active
5125 Gulf Of Mexico Drive
Longboat Key, FL 34228


2 beds
2 baths
961 living sqft
Top Features
  • Frontage: Gulf/Ocean
  • View: Water
  • Subdivision: Seagrape Inn
  • Built in  1983
  • Condominium
Description
Property Details
Additional Information
Additional Lease Restrictions
Minimum lease is four days.
Additional Parcels YN
false
Alternate Key Folio Num
7997300251
Appliances
Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Range, Refrigerator
Architectural Style
Florida
Association Amenities
Cable TV, Clubhouse, Laundry, Maintenance, Pool
Association Fee Includes
Cable TV, Pool, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Sewer, Trash, Water
Association YN
false
Available For Lease YN
1
Bathrooms Total Integer
2
Building Area Source
Public Records
Building Area Total
1024
Building Area Total Srch SqM
95.13
Building Area Units
Square Feet
Calculated List Price By Calculated SqFt
806.45
Carport YN
false
Community Features
Pool
Condo Fees
7549
Condo Fees Term
Quarterly
Construction Materials
Concrete, Stucco
Cooling
Central Air
Country
US
Cumulative Days On Market
253
Current Price
775000.00
Direction Faces
South
Elementary School
Anna Maria Elementary
Exist Lease Tenant YN
1
Exterior Features
Sliding Doors
Fireplace YN
false
Flood Zone Code
AE
Floor Number
1
Flooring
Carpet, Tile
Foundation Details
Slab
Furnished
Turnkey
Garage YN
false
Heating
Central, Electric
High School
Bayshore High
Interior Features
Ceiling Fans(s), Living Room/Dining Room Combo, Solid Surface Counters
Internet Address Display YN
true
Internet Automated Valuation Display YN
false
Internet Consumer Comment YN
false
Internet Entire Listing Display YN
true
Laundry Features
Common Area
Lease Restrictions YN
1
Levels
One
List AOR
Sarasota - Manatee
Listing Exclusion YN
1
Living Area Meters
89.28
Living Area Source
Public Records
Living Area Units
Square Feet
Lot Features
Flood Insurance Required, FloodZone, Landscaped
Management
On Site Property Manager
Middle Or Junior School
Martha B. King Middle
Minimum Lease
1-7 Days
Modification Timestamp
2025-12-02T22:30:09.744Z
Month To Month Or Weekly YN
1
Monthly Condo Fee Amount
2516
New Construction YN
false
Occupant Type
Tenant
Ownership
Fee Simple
Parcel Number
7997300251
Patio And Porch Features
Porch, Screened
Pets Allowed
No
Pool Private YN
false
Postal Code Plus 4
2099
Previous List Price
840000
Price Change Timestamp
2025-09-24T17:06:45.000Z
Public Remarks
Attention Investors! This is a rare opportunity to own on the beach on LBK and collect rent. The GROSS INCOME from 1/1/25-7/31/25 is $61, 278. This intimate, unique beachfront resort has only 8 condos and is available for daily, weekly or monthly rentals. All condos are beautifully appointed and smoke free. You will enjoy many relaxing hours on the beach where chairs are provided for you. The kitchen has stone counters and every small appliance you like to use. The screened porch is a quiet refuge from which to view the Gulf water and the lush landscaping. On site management handles all rentals, cleaning, advertising, bookkeeping and other administrative business. There are no HIDDEN CHARGES as there are in other vacation rentals. This lovely condo is being offered TURNKEY FURNISHED. Restaurants, nature trails, a park with tennis and pickleball, and food shopping are close by. Financials will be provided upon request. Visit the Seagrape website for room rates etc. theseagrapeinn.com. This condo is heavily booked so showings are available only on check out day which is usually Saturday at 10. Life is good on Longboat Key!
Public Survey Range
16E
Public Survey Section
25
RATIO Current Price By Calculated SqFt
806.45
Realtor Info
As-Is, Assoc approval required, Currently Leased, Docs Available, Floor Plan Available, No Sign, Right of First Refusal, Short Term Rental Allowed
Road Surface Type
Other
Roof
Membrane
Room Count
6
SW Subdiv Community Name
Seagrape Inn Condo
Senior Community YN
false
Sewer
Public Sewer
Showing Requirements
24 Hour Notice, Appointment Only, Call Listing Agent, Contact Call Center, Do Not Contact Tenants, See Remarks, ShowingTime
Status Change Timestamp
2025-03-24T19:25:11.000Z
Stories Total
2
Tax Annual Amount
7545.17
Tax Book Number
976-1255
Tax Legal Description
UNIT 4 SEAGRAPE INN CONDO PI#79973.0025/1
Tax Year
2024
Total Acreage
Non-Applicable
Total Annual Fees
30196.00
Total Monthly Fees
2516.33
Township
35S
Universal Property Id
US-12081-N-7997300251-S-4
Unparsed Address
5125 GULF OF MEXICO DR #4
Utilities
BB/HS Internet Available, Cable Connected, Electricity Connected, Underground Utilities, Water Connected
Vegetation
Mature Landscaping
Water Access
Beach, Gulf/Ocean
Water Access YN
1
Water Body Name
GULF OF MEXICO
Water Frontage Feet Gulf Ocean
102
Water Source
Public
Water View
Gulf/Ocean - Partial
Water View YN
1
Waterfront Feet Total
102
Waterfront YN
true
Window Features
Storm Window(s), Window Treatments
Zoning
R3MX
Zoning Compatible YN
1
Neighborhood Map
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MLS #MFRA4645905 Listing courtesy of Michael Saunders & Company provided by Stellar MLS.

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All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independent verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. The source of the listing data is as follows: Stellar MLS (updated 12/5/25 11:32 AM) |

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