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5125 Gulf Of Mexico Drive 4
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PRICED AT ONLY: $840,000

Address: 5125 Gulf Of Mexico Drive 4, LONGBOAT KEY, FL 34228

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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  • MLS#: A4645905 ( Residential )
  • Street Address: 5125 Gulf Of Mexico Drive 4
  • Viewed: 62
  • Price: $840,000
  • Price sqft: $820
  • 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: 148

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!
Request More Information
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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: 62
  • Zoning Code: R3MX
Nearby Subdivisions
Aquarius Club   Aria Longboat Key   Bayport Bch Ten Ph D   Beach Harbor Club   Beachplace Ii   Beachplace Iii   Buttonwood Cove   Club Longboat Beach Tennis   En Provence   Fairway Bay 1   Fairway Bay 2 Ph 1   Fairway Bay 3   Grand Bay 1   Grand Bay 2   Grand Bay 3   Grand Bay 4   Grand Bay 6   Harbor Oaks Ph I Ii   Harbour Oaks Ph I Ii   Harbour Oaks Ph I & Ii   Harbour Villa Club At The Bucc   Infinity On Longboat Key   Inn On The Beach   Inn On The Beach Ph Ii   Inn On The Beach Ph Iii   Islander Club Of Longboat   Islands West   L Ambiance 1   L Ambiance At Longboat Key Clu   Longboat Arms   Longboat Beach House   Longboat Harbour   Longboat Key Casa Del Mar   Longboat Key Towers   Neptune On Longboat Key   Northgate Of Longboat Key   Pelican Harbour   Pelican Harbour Beach Club   Pelican Harbour & Beach Club   Players Club 3   Players Club Ii   Portobello   Privateer North   Privateer South   Promenade   Regent Place Ph 2   Sage Lbk   Sanctuary I   Sanctuary Ii   Sanctuary Iv   Sand Cay   Sands Point   Sarasota Outrigger   Sea Gate Club   Sea Pines   Seagrape Inn   Seaplace   Seaplace I   Seaplace Ii   Seaplace Iii   Seaplace V   Seaplace Vi   Spanish Main Yacht Club Condo   St. Regis Longboat Key   Sunset Beach   Sutton Place   Tangerine Bay Club   The Shore   Tiffany Plaza   Veinte   Villa Di Lancia Ph 1   Villa Dos Palmas   Vizcaya At Longboat Key Ph 01   Vizcaya At Longboat Key Phase    Water Club 01 At Longboat Key   Westchester Apts   Whitney Beach   Whitney Beach Iii   Winding Oaks   Windward Bay Amd  
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