5125 GULF OF MEXICO DRIVE #7
Longboat Key, FL 34228
1024 sqft | 2 beds | 2 baths | #N6136477
Description
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 Details
- InteriorLiving Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Thermostat
- Utility FeaturesCable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
- Lot DescriptionCity Limits, Sidewalk, Paved
- Elementary SchoolAnna Maria Elementary
- Middle SchoolMartha B. King Middle
- Exterior MaterialsOutdoor Grill
- High SchoolBayshore High
- Sewer InformationPublic Sewer
- SubdivisionSEAGRAPE INN
- Property SubtypeCondominium
- Original List Price$1,020,000
- Property TypePurchase
- MLS #N6136477
- MLS #N6136477
- CountyManatee
- Taxes Annual$11,168
- Cost1020000
- Utility SourcePublic
- ViewWater
- Square Feet1024
- Year Built1983
- FoundationSlab
- Days on Market (Cumulative)196
- Bedrooms2
- Bathrooms2
- Full Baths2
- Stories2
Location
Legal
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. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Beatriz Botero
Last Updated: . Source: SMLS
Listing Courtesy
Listing Agent: Patrick Brogley (#MFR284510423)
Listing Office: KELLER WILLIAMS ON THE WATER S (#MFR281521326)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.