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5125 Gulf Of Mexico Drive Unit 4

Longboat Key, FL 34228

2 beds
2 baths
961 sqft
$874 per sqft
1983 build
– on site

Attention Investors! This is a rare opportunity to own on the beach on LBK and collect rent. 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. 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!

Listing courtesy of STELLAR_MLS / MICHAEL SAUNDERS & COMPANY

Last checked: Checking… • Last updated Apr 1, 2025 •

MLS# A4645905 —

The Building

Year Built:

1983
New Construction:

false
Architectural Style:

Florida
Construction Materials:

Concrete
Building Elevator:

false
Levels:

One
Stories Total:

2
Roof:

Membrane
Foundation Details:

Slab
Window Features:

Storm Window(s)
Patio And Porch Features:

Porch
Floor Number:

1
Unit Number:

4
Building Area Total:

1024
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Interior Features:

Ceiling Fan(s)
Furnished:

Turnkey
Flooring:

Carpet
Fireplace:

false

Room Dimensions

Living Area:

961
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

North on Gulf of Mexico Drive to 5125. Driveway to Seagrape Inn is on your left (after the tennis court beside Club Longboat)
Latitude:

27.406302
Longitude:

-82.654376
Coordinates:

-82.654376, 27.406302

The Property

Parcel Number:

7997300251
Property Type:

Residential
Property Subtype:

Condominium
Lot Features:

Flood Insurance Required
Total Acres:

Non-Applicable
Zoning:

R3MX
Direction Faces:

South
View:

Water
View:

true
Exterior Features:

Sliding Doors
Vegetation:

Mature Landscaping
Water Source:

Public
Road Surface Type:

Other
Flood Zone Code:

AE
Additional Parcels:

false
Homestead:

false
Lease Restrictions:

true
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Legal Description:

UNIT 4 SEAGRAPE INN CONDO PI#79973.0025/1
Tax Book Number:

976-1255
Tax Annual Amount:

7545.17

Beds

Bedrooms Total:

2

Baths

Total Baths:

2
Total Baths:

2
Full Baths:

2

The Listing

Virtual Tour URL Unbranded:

https://iplayerhd.com/player/b493a0b0-214d-4a52-b56e-b2c542979763
Special Listing Conditions:

None

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

BB/HS Internet Available
Sewer:

Public Sewer

Appliances

Appliances:

Dishwasher
Laundry Features:

Common Area

Schools

Elementary School:

Anna Maria Elementary
Middle Or Junior School:

Martha B. King Middle
High School:

Bayshore High

The Community

Subdivision Name:

SEAGRAPE INN
Senior Community:

false
Community Features:

Waterfront
Waterview:

Gulf/Ocean - Partial
Waterview:

true
Water Access:

Beach
Water Access:

true
Water Body Name:

GULF OF MEXICO
Waterfront:

true
Waterfront Features:

Waterfront
Pool Private:

false
Pool Features:

Heated
Pets Allowed:

No
Association Amenities:

Cable TV
Association:

false
Association Fee Includes:

Cable TV
Condo Fees:

7549
Condo Fees Term:

Quarterly
Monthly Condo Fee Amount:

2516
Ownership:

Fee Simple
Association Approval Required:

false
Waterfront Feet Total:

102

Parking

Garage:

false
Carport:

false
Parking Features:

Assigned

Monthly cost estimate

Asking price

$840,000

Expense	Monthly cost
Mortgage	$4,497
Taxes	$628
Insurance	$231
Utilities	$108 See report
Total	$5,464/mo.^*
	^*This is an estimate

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Sale history

Date	Event	Source	Price	% Change
3/24/25 Mar 24, 2025	Listed / Active	STELLAR_MLS	$840,000

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This condo located in Longboat Key, FL 34228 is currently for sale for $840,000. 5125 Gulf Of Mexico Drive Unit 4 is a 961 square foot condo with 2 beds and 2 baths that has been on Estately for 8 days. This condo is in the attendance area of Bayshore High School, King Middle School, and Anna Maria Elementary School.

Listing Courtesy of: STELLAR_MLS and MICHAEL SAUNDERS & COMPANY.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2025.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.