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5125 Gulf Of Mexico Drive 4, LONGBOAT KEY, FL 34228
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5125 Gulf Of Mexico Drive 4
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Priced at Only: $775,000
For more Information Call:
Address: 5125 Gulf Of Mexico Drive 4, LONGBOAT KEY, FL 34228
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  • MLS#: A4645905 ( Residential )
  • Street Address: 5125 Gulf Of Mexico Drive 4
  • Viewed: 117
  • Price: $775,000
  • Price sqft: $757
  • Waterfront: Yes
  • Wateraccess: Yes
  • Waterfront Type: Gulf/Ocean
  • Year Built: 1983
  • Bldg sqft: 1024
  • Bedrooms: 2
  • Total Baths: 2
  • Full Baths: 2
  • Days On Market: 222
  • Additional Information
  • Geolocation: 27.4063 / -82.6544
  • County: MANATEE
  • City: LONGBOAT KEY
  • Zipcode: 34228
  • Subdivision: Seagrape Inn
  • Building: Seagrape Inn
  • Elementary School: Anna Maria Elementary
  • Middle School: Martha B. King Middle
  • High School: Bayshore High
  • Provided by: MICHAEL SAUNDERS & COMPANY
  • Contact: Bobbie Banan
  • 941-388-4447
  • mfrmls
  • DMCA Notice
  • Description
    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!
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  •   Principal & Interest -
  •   Property Tax $
  •   Home Insurance $
  •   HOA Fees $
  •   Mortgage Insurance-
  •   Monthly -
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Sliding Doors
  • Flooring: Carpet, Tile
  • Living Area: 961.00
  • Roof: Membrane
Land Information
  • Lot Features: Flood Insurance Required, FloodZone, Landscaped
School Information
  • High School: Bayshore High
  • Middle School: Martha B. King Middle
  • School Elementary: Anna Maria Elementary
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
  • Parking Features: Assigned
Eco-Communities
  • Pool Features: Heated, In Ground
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Heating: Central, Electric
  • Pets Allowed: No
  • Sewer: Public Sewer
  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Underground Utilities, Water Connected
Amenities
  • Association Amenities: Cable TV, Clubhouse, Laundry, Maintenance, Pool
Finance and Tax Information
  • Home Owners Association Fee Includes: Cable TV, Pool, Escrow Reserves Fund, Internet, Maintenance Structure, Maintenance Grounds, Management, Pest Control
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2024
Other Features
  • Appliances: Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Range, Refrigerator
  • Association Name: Contact Bobbie Banan
  • Association Phone: 941-356-2659
  • Country: US
  • Furnished: Turnkey
  • Interior Features: Ceiling Fans(s), Living Room/Dining Room Combo, Solid Surface Counters
  • Legal Description: UNIT 4 SEAGRAPE INN CONDO PI#79973.0025/1
  • Levels: One
  • Area Major: 34228 - Longboat Key
  • Occupant Type: Tenant
  • Parcel Number: 7997300251
  • Possession: Negotiable
  • Style: Florida
  • View: Water
  • Views: 117
  • Zoning Code: R3MX
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Nearby Subdivisions
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Headshot for Associate Natalie Gorse
  1. Natalie Gorse, REALTOR ®
  2. Tropic Shores Realty
  3. Office: 352.684.7371
  4. Mobile: 352.584.7611
  5. Fax: 352.799.3239
  6. nataliegorse352@gmail.com