LKV Realty
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$975,000
$5,000Reward *
5125 GULF OF MEXICO Drive Unit 7, Longboat Key, FL 34228Listing ID N6136477

5125 GULF OF MEXICO Drive Unit 7, Longboat Key, FL 34228

Active
SEAGRAPE INN
Time on site: 575 daysLast updated: Aug 16, 2025
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Condominium
Bedrooms
Bedrooms
2
Bathrooms
Bathrooms
2
Square Feet
Square Feet
1,024
Days on Site
Days on Site
575
Cooling
Cooling
Central Air
Heating
Heating
Electric
Year Built
Year Built
1983
Stories
Stories
1
Parking
Parking
Assigned

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.

Property Information

Property Details

Location

Address
5125 GULF OF MEXICO Drive
County
Manatee
City
Longboat Key
Zip Code
34228
Subdivision
SEAGRAPE INN
High School
Bayshore High
Elementary School
Anna Maria Elementary
MLS Area
34228 - Longboat Key

Interior Features

Beds and Baths

Bedrooms
2
Full Bathrooms
2

Building

Building Information

Square Feet
1,024
Year Built
1983
Stories
1
Construction
Block, Stucco
Foundation
Slab
Roof
Built-Up

Financial

Special Conditions
None

Property Taxes

Tax Annual Amount
$11,168
Tax Year
2024
KELLER WILLIAMS ON THE WATER S, (941) 803-7522

Market Report for 34228

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Stellar MLS
Stellar MLS logo

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

For corrections to this data please contact Brytecore MLS Support.

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