David Shippey
863.521.4517

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!

$1,250,000 | 2 beds | 2 full baths | N/A half baths | 961 sqft

$1,250,000 No Recent Price Change
5125 Gulf of Mexico Drive UNIT #7
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

Schools

Elem:  Anna Maria Elementary

Middle:  Martha B. King Middle

High:  Bayshore High

Directions

Gulf of Mexico Dr. to Seagrape Inn

This listing courtesy of Century 21 Beggins Enterprises 

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On davidshippey.com since Fri, Jul 5th 2024
No Property History recorded for this listing.

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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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