5125 Gulf Of Mexico Drive 7 Longboat Key, FL 34228
Listing Courtesy of: STELLAR / Century 21 Beggins Enterprises / Jesse Griffin - Contact:  941-387-8888

  5125 Gulf Of Mexico Drive 7 Longboat Key, FL 34228

Active (17 Days)
$1,250,000
2
BED
2
BATH
961
SQFT

Description

Exceptional Investment Opportunity: Turnkey Furnished Condo at Seagrape Inn** Discover an exceptional investment opportunity with this elegant, fully renovated, turnkey furnished condo in the exclusive boutique-style Seagrape Inn, a resort with only eight units. Nestled beachside on the beautiful Gulf of Mexico, the Seagrape Inn offers an idyllic setting for both personal use and rental income. Owners can enjoy unlimited personal usage while benefiting from a lucrative rental program managed by a professional on-site property manager, with no minimum rental restrictions. This condo promises potential annual revenue exceeding $106,000 currently, while still allowing ample personal use. The current owners have a profit and loss statement ready to share. The Seagrape Inn is meticulously maintained, featuring lush landscaping in an upscale tropical setting. Unit 7, located on the second floor, offers exceptional views of the ocean and pool. Relax on your screened lanai, enjoying the warm breeze with your morning coffee, afternoon cocktail, or a good book. Inside, the spacious open floor plan provides plenty of room to unwind, complete with all new, comfortable furniture and a flat-screen TV in the living area. The fully renovated interior boasts first-class materials and finishes throughout the entire space. Improvements made 2023/2024 include new luxury waterproof vinyl floors throughout, new interior paint, new doors and trim, a full kitchen renovation with new cabinets, granite countertops, and appliances. Both bathrooms have been fully renovated with new tiles, vanities, and showers. The primary bedroom features an inviting king-size bed, ample closet space, a flat-screen TV, and a recently remodeled bathroom. The second bedroom includes a queen-size bed, a flat-screen TV, and a recently remodeled bath as well. A new A/C unit was installed in 2021. This condo is sold fully turn-key furnished and, includes dedicated parking an owner's locker, and is conveniently located near restaurants and shops. The complex recently installed hurricane windows and doors. Amenities at Seagrape Inn include: - Private Entrance to Each Condo - Private Heated Pool - Private Beach Area with Lounge Chairs & Umbrellas - On-Site Laundry & Ice Machine - Upgraded Wi-Fi throughout the Resort - Cable TV - Gazebo with Gas BBQ Grill - Beach Towels & Linens Enjoy the extremely private, quiet, and serene atmosphere of this lovely condo, the perfect getaway to relax and enjoy spectacular Gulf sunsets while creating new memories. Don't miss this opportunity!

MLS #:
A4616212
Taxes
$7,654(2023)
Type
Condo
Year Built
1983
Style
Traditional
Views
Water
County
Manatee County

Listed By

Jesse Griffin, Century 21 Beggins Enterprises, Contact: 941-387-8888
Source
STELLAR
Last checked Jul 22 2024 at 4:09 PM GMT+0000
Bathroom Details
  • Full Bathrooms: 2
Interior Features
  • Furnished
  • Appliances: Refrigerator
  • Appliances: Range Hood
  • Appliances: Microwave
  • Appliances: Electric Water Heater
  • Appliances: Disposal
  • Appliances: Dishwasher
  • Appliances: Convection Oven
  • Thermostat
  • Split Bedroom
  • Open Floorplan
  • Living Room/Dining Room Combo
Subdivision
  • Seagrape Inn
Lot Information
  • Sidewalk
  • Near Marina
  • City Limits
  • Floodzone
  • Coastalconstruction Control Line
Property Features
  • Foundation: Stem Wall
  • Foundation: Slab
  • Foundation: Block
Heating and Cooling
  • Central
  • Central Air
Pool Information
  • In Ground
  • Heated
  • Gunite
Homeowners Association Information
  • Dues: $7069/Quarterly
Flooring
  • Luxury Vinyl
  • Ceramic Tile
Exterior Features
  • Stucco
  • Concrete
  • Roof: Membrane
Utility Information
  • Utilities: Water Source: Public, Underground Utilities, Street Lights, Public, Electricity Connected, Cable Available, Bb/Hs Internet Available
  • Sewer: Public Sewer
School Information
  • Elementary School: Anna Maria Elementary
  • Middle School: Martha B. King Middle
  • High School: Bayshore High
Stories
  • 2
Living Area
  • 961 sqft
Additional Listing Info
  • Buyer Brokerage Commission: 3%
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
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Disclaimer: Listings Courtesy of “My Florida Regional MLS DBA Stellar MLS © 2024. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any other purpose other than to identify properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified. Last Updated: 7/22/24 09:09