5125 Gulf Of Mexico Drive #4, Longboat Key, FL 34228

Local realty services provided by:ERA Grizzard Real Estate
5125 Gulf Of Mexico Drive #4,Longboat Key, FL 34228
$775,000
Virtual Tour
  • 2 Beds
  • 2 Baths
  • 961 sq. ft.
  • Condominium
  • Active
Listed by:bobbie banan
Office:michael saunders & company
MLS#:A4645905
Source:MFRMLS

Price summary

  • Price:$775,000
  • Price per sq. ft.:$756.84

About this home

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.

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Home facts

  • Year built:1983
  • Listing ID #:A4645905
  • Added:193 day(s) ago
  • Updated:October 04, 2025 at 11:57 AM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:2
  • Full bathrooms:2
  • Living area:961 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central, Electric

Structure and exterior

  • Roof:Membrane
  • Year built:1983
  • Building area:961 sq. ft.

Schools

  • High school:Bayshore High
  • Middle school:Martha B. King Middle
  • Elementary school:Anna Maria Elementary

Utilities

  • Water:Public, Water Connected
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$775,000
  • Price per sq. ft.:$756.84
  • Tax amount:$7,545 (2024)
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