About 5125 Gulf Of Mexico Drive 4
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!
Features of 5125 Gulf Of Mexico Drive 4
| MLS® # | A4645905 |
|---|---|
| Price | $775,000 |
| Bedrooms | 2 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 961 |
| Year Built | 1983 |
| Type | Residential |
| Sub-Type | Condominium |
| Style | Florida |
| Status | Active |
| Taxes | $7,545 |
| Condo Fee | $7,549 |
| Condo Fee Frequency | Quarterly |
| CDD | N |
Community Information
| Address | 5125 Gulf Of Mexico Drive 4 |
|---|---|
| Area | Longboat Key |
| Subdivision | SEAGRAPE INN |
| City | LONGBOAT KEY |
| County | Manatee |
| State | FL |
| Zip Code | 34228-2099 |
Amenities
| Amenities | Cable TV, Clubhouse, Laundry, Maintenance, Pool |
|---|---|
| Parking | Assigned |
| View | Water |
| Is Waterfront | Yes |
| Waterfront | Waterfront, Gulf/Ocean |
| Has Pool | No |
Interior
| Interior Features | Ceiling Fan(s), Living Room/Dining Room Combo, Solid Surface Counters |
|---|---|
| Appliances | Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Range, Refrigerator |
| Heating | Central, Electric |
| Cooling | Central Air |
| Fireplace | No |
| # of Stories | 2 |
Exterior
| Exterior Features | Sliding Doors |
|---|---|
| Lot Description | Flood Insurance Required, FloodZone, Landscaped |
| Roof | Membrane |
| Foundation | Slab |
School Information
| Elementary | Anna Maria Elementary |
|---|---|
| Middle | Martha B. King Middle |
| High | Bayshore High |
Rental Restrictions
| Minimum Lease | 1-7 Days |
|---|
Additional Information
| Date Listed | March 24th, 2025 |
|---|---|
| Days on Market | 194 |
| Zoning | R3MX |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Maintenance Includes | Cable TV, Community Pool, Escrow Reserves Fund, Internet, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance |
Listing Details
| Office | MICHAEL SAUNDERS & COMPANY |
|---|