Single Family for Sale: 5125 GULF OF MEXICO DRIVE #7, LONGBOAT KEY, FL 34228
2 beds
2 full baths
$1,250,000
$1,250,000
5125 GULF OF MEXICO DRIVE #7,
LONGBOAT KEY, FL 34228
2 beds
2 full baths
$1,250,000
Previous Photo
Next Photo
Click on photo to open Slide Show.
Price:
$1,250,000
Est. payment: Skip to Mortgage Calculator
Type Single Family
Style Traditional
Beds 2
Total Baths 2 full baths
Total Living Area 961 sqft
Year Built 1983
Assoc Fee $7,069
Assoc Fee Paid Quarterly
Taxes Paid $7,654
City LONGBOAT KEY
Area 34228 - Longboat Key
County Manatee
Subdivision SEAGRAPE INN
MLS A4616212
Status Active
DOM 179 days
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! ****Please note, the HOA quarterly fee includes the onsite Rental/CAM Managers salary. Beyond the CAM manager's responsibility of operations expense, upkeep, board meetings, financials, etc.. She also handles all Rental bookings, advertising, cleaning, receipts, ect…. BUT there is no money owed or due for these rental agent services as it is already built into your quarterly hoa fee.****
Lot & Building Features
Appliances Convection Oven, Refrigerator, Range Hood, Microwave, Electric Water Heater, Disposal, Dishwasher
Style Traditional
Assoc Fee $7,069
Assoc Fee Paid Quarterly
Construction Concrete, Stucco
Cooling Central Air
Heating Central
Interior Decor Living Room/Dining Room Combo, Thermostat, Split Bedroom, Open Floorplan
Sewer Public Sewer
Tax Year 2023
Taxes Paid $7,654
Water Public
Windows And Doors Blinds
Community and Schools
Junior High School Martha B. King Middle
Price History of 5125 GULF OF MEXICO DRIVE, LONGBOAT KEY, FL
Date | Name | Price | Difference |
---|---|---|---|
12/31/1969 | Listing Price | $1,250,000 | N/A |
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed. |
Browse By Area
5125 GULF OF MEXICO DRIVE (MLS #A4616212) is a traditional single family home located in LONGBOAT KEY, FL. This property was listed on 09/20/2024 and has been priced for sale at $1,250,000.
Nearby zip codes are 34207, 34209 and 34210. This property neighbors other cities such as Bradenton.
Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information courtesy of: CENTURY 21 BEGGINS ENTERPRISES |