Sarasota's Premier Homes

Florida

5125 GULF OF MEXICO DRIVE 4

LONGBOAT KEY , FL 34228

MLS#: A4645905

$840,000

Status: Active
Listing number: A4645905
Listing provided by: MICHAEL SAUNDERS & COMPANY
Listing agent phone: None
Last update: 12 days ago
On site: 5 months ago
Browse Properties
SEAGRAPE INN - Residential

Property

Beds

2

Full Baths

2

1/2 Baths

None

Year Built

1983

Sq.Footage

961

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 & Amenities

Interior

  • Total Bedrooms

    2

  • Bathrooms

    2

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Central, Electric

  • Pet friendly

    No

Exterior

  • Garage

    No

  • Construction Materials

    Concrete, Stucco

  • Parking

    Assigned

  • Patio and Porch Features

    Porch, Screened

  • Pool

    Yes

  • Pool Features

    Heated, In Ground

  • Waterfront YN

    YES

  • View

    Water

Area & Lot

  • Lot Features

    Landscaped, Waterfront

  • Property Type

    Residential

  • Property Sub Type

    Condominium

  • Architectural Style

    Florida

Price

  • Sales Price

    $840,000

  • Tax Amount

    7545.17

  • Sq. Footage

    961

  • Price/SqFt

    $874

HOA

  • Association

    NO

School District

  • Elementary School

    Anna Maria Elementary

  • Middle School

    Martha B. King Middle

  • High School

    Bayshore High

Property Features

  • Stories

    2

  • Association Amenities

    Cable TV, Clubhouse, Laundry, Maintenance, Pool

  • Foundation Details

    Slab

  • Ownership

    Fee Simple

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    0

  • Water Source

    Public

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Location

County

Manatee

Elementary School

Anna Maria Elementary

Middle School

Martha B. King Middle

High School

Bayshore High

Listing Courtesy of Bobbie Banan , MICHAEL SAUNDERS & COMPANY

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Agent MichaelGraf

Business Coach | Executive Sales Associate | Realtor®

MichaelGraf

Call Michael today to schedule a private showing.

(941) 315-6980

michael@thegrafgroupvip.com


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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!

5125 GULF OF MEXICO DRIVE 4

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