5125 Gulf of Mexico Drive UNIT #7 Longboat Key Florida | Home for Sale
To schedule a showing of 5125 Gulf of Mexico Drive UNIT #7, Longboat Key, Florida, Call David Shippey at 863-521-4517 TODAY!
Longboat Key, FL 34228
- 2Beds
- 2.00Total Baths
- 2 Full, 0 HalfBaths
- 961SqFt
- 1983Year Built
- 0.00Acres
- MLS# A4616212
- Residential
- Condominium
- Active
- Approx Time on Market2 months, 15 days
- Area34228 - Longboat Key
- CountyManatee
- Subdivision Seagrape Inn
Overview
Exceptional Investment Opportunity: Turnkey Furnished Condo at Seagrape Inn** Discover an exceptional investment opportunity with this elegant, fully renovated, turnkey furnished condo in the exclusive boutique-style Seagrape Inn, a resort with only eight units. Nestled beachside on the beautiful Gulf of Mexico, the Seagrape Inn offers an idyllic setting for both personal use and rental income. Owners can enjoy unlimited personal usage while benefiting from a lucrative rental program managed by a professional on-site property manager, with no minimum rental restrictions. This condo promises potential annual revenue exceeding $106,000 currently, while still allowing ample personal use. The current owners have a profit and loss statement ready to share. The Seagrape Inn is meticulously maintained, featuring lush landscaping in an upscale tropical setting. Unit 7, located on the second floor, offers exceptional views of the ocean and pool. Relax on your screened lanai, enjoying the warm breeze with your morning coffee, afternoon cocktail, or a good book. Inside, the spacious open floor plan provides plenty of room to unwind, complete with all new, comfortable furniture and a flat-screen TV in the living area. The fully renovated interior boasts first-class materials and finishes throughout the entire space. Improvements made 2023/2024 include new luxury waterproof vinyl floors throughout, new interior paint, new doors and trim, a full kitchen renovation with new cabinets, granite countertops, and appliances. Both bathrooms have been fully renovated with new tiles, vanities, and showers. The primary bedroom features an inviting king-size bed, ample closet space, a flat-screen TV, and a recently remodeled bathroom. The second bedroom includes a queen-size bed, a flat-screen TV, and a recently remodeled bath as well. A new A/C unit was installed in 2021. This condo is sold fully turn-key furnished and, includes dedicated parking an owner's locker, and is conveniently located near restaurants and shops. The complex recently installed hurricane windows and doors. Amenities at Seagrape Inn include: - Private Entrance to Each Condo - Private Heated Pool - Private Beach Area with Lounge Chairs & Umbrellas - On-Site Laundry & Ice Machine - Upgraded Wi-Fi throughout the Resort - Cable TV - Gazebo with Gas BBQ Grill - Beach Towels & Linens Enjoy the extremely private, quiet, and serene atmosphere of this lovely condo, the perfect getaway to relax and enjoy spectacular Gulf sunsets while creating new memories. Don't miss this opportunity!
Agriculture / Farm
Grazing Permits Blm: ,No,
Grazing Permits Forest Service: ,No,
Grazing Permits Private: ,No,
Horse: No
Association Fees / Info
Community Features: Pool, RecreationArea, Waterfront, StreetLights, Sidewalks
Pets Allowed: Yes
Senior Community: No
Hoa Frequency Rate: 7069
Association: Yes
Association Amenities: MaintenanceGrounds, Laundry, Storage
Hoa Fees Frequency: Quarterly
Association Fee Includes: AssociationManagement, MaintenanceGrounds, MaintenanceStructure, Pools, ReserveFund, Sewer, Trash, Water
Bathroom Info
Total Baths: 2.00
Fullbaths: 2
Building Info
Window Features: Blinds
Roof: Membrane
Building Area Source: PublicRecords
Buyer Compensation
Exterior Features
Style: Traditional
Pool Features: Gunite, Heated, InGround, Community
Patio: Covered, Screened, Balcony
Pool Private: Yes
Exterior Features: Balcony, SprinklerIrrigation, Lighting, OutdoorGrill, StormSecurityShutters
Fees / Restrictions
Financial
Original Price: $1,250,000
Disclosures: CovenantsRestrictionsDisclosure,FloodPlainDisclosu
Garage / Parking
Open Parking: No
Attached Garage: No
Garage: No
Carport: No
Green / Env Info
Irrigation Water Rights: ,No,
Interior Features
Fireplace: No
Floors: CeramicTile, LuxuryVinyl
Levels: One
Spa: No
Laundry Features: Other
Interior Features: LivingDiningRoom, OpenFloorplan, SplitBedrooms
Appliances: ConvectionOven, Dishwasher, ElectricWaterHeater, Disposal, Microwave, Refrigerator, RangeHood
Lot Info
Direction Remarks: Gulf of Mexico Dr. to Seagrape Inn
Lot Size Units: Acres
Vegetation: PartiallyWooded
Lot Desc: CityLot, FloodZone, Landscaped
Misc
Other
Other Structures: Storage
Special Conditions: None
Other Rooms Info
Basement: No
Property Info
Habitable Residence: ,No,
Section: 25
Class Type: Condominium
Property Sub Type: Condominium
Property Condition: NewConstruction
Property Attached: No
New Construction: No
Construction Materials: Concrete, Stucco
Stories: 1
Total Stories: 2
Mobile Home Remains: ,No,
Foundation: Block, Slab, StemWall
Home Warranty: ,No,
Human Modified: Yes
Room Info
Total Rooms: 5
Sqft Info
Sqft: 961
Bulding Area Sqft: 1,024
Living Area Units: SquareFeet
Living Area Source: PublicRecords
Tax Info
Tax Year: 2,023
Tax Lot: 7
Tax Legal Description: UNIT 7 SEAGRAPE INN CONDO PI#79973.0040/0
Tax Annual Amount: 7654
Tax Book Number: 976-1255
Unit Info
Rent Controlled: No
Unit: 7
Utilities / Hvac
Electric On Property: ,No,
Heating: Central
Water Source: Public
Sewer: PublicSewer
Cool System: CentralAir
Cooling: Yes
Heating: Yes
Utilities: CableAvailable, ElectricityConnected, HighSpeedInternetAvailable, MunicipalUtilities, UndergroundUtilities
Waterfront / Water
Waterfront: Yes
Waterfront Features: BeachAccess
View: Yes
Water Body Name: GULF OF MEXICO
View: Beach, Ocean, Water
Directions
Gulf of Mexico Dr. to Seagrape InnThis listing courtesy of Century 21 Beggins Enterprises
If you have any questions on 5125 Gulf of Mexico Drive UNIT #7, Longboat Key, Florida, please call David Shippey at 863-521-4517.
MLS# A4616212 located at 5125 Gulf of Mexico Drive UNIT #7, Longboat Key, Florida is brought to you by David Shippey REALTOR®
5125 Gulf of Mexico Drive UNIT #7, Longboat Key, Florida has 2 Beds, 2 Full Bath, and 0 Half Bath.
The MLS Number for 5125 Gulf of Mexico Drive UNIT #7, Longboat Key, Florida is A4616212.
The price for 5125 Gulf of Mexico Drive UNIT #7, Longboat Key, Florida is $1,250,000.
The status of 5125 Gulf of Mexico Drive UNIT #7, Longboat Key, Florida is Active.
The subdivision of 5125 Gulf of Mexico Drive UNIT #7, Longboat Key, Florida is Seagrape Inn.
The home located at 5125 Gulf of Mexico Drive UNIT #7, Longboat Key, Florida was built in 2024.
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