5125 Gulf Of Mexico Drive #7, Longboat Key, FL 34228

Local realty services provided by:ERA Grizzard Real Estate
5125 Gulf Of Mexico Drive #7,Longboat Key, FL 34228
$975,000
Virtual Tour
  • 2 Beds
  • 2 Baths
  • 961 sq. ft.
  • Condominium
  • Active
Listed by: patrick brogley
Office: keller williams on the water s
MLS#:N6141238
Source:MFRMLS

Price summary

  • Price:$975,000
  • Price per sq. ft.:$952.15

About this home

Nestled in the heart of Longboat Key, this exceptional two-bedroom, two-bathroom beachfront condo offers a rare blend of luxury, comfort, and high rental potential. Situated within the meticulously maintained Seagrape Inn, this turnkey furnished unit is an investor’s dream, boasting a potential gross annual revenue of $108,000 and a net operating income of $66,000. The Seagrape Inn's lush landscaping and upscale tropical ambiance create an idyllic setting along the stunning Gulf of Mexico, perfect for both personal enjoyment and income generation. Amenities at Seagrape Inn include a private entrance to each condo, a private heated pool, a private beach area with lounge chairs and umbrellas, on-site laundry and ice machine, upgraded Wi-Fi throughout the resort, cable TV, a gazebo with a gas BBQ grill, and beach towels and linens. Unit 7, perched on the second floor, provides breathtaking views of the ocean and the inviting pool below. Upon entry, the condo exudes sophistication, with a

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Home facts

  • Year built:1983
  • Listing ID #:N6141238
  • Added:104 day(s) ago
  • Updated:February 24, 2026 at 02:21 PM

Rooms and interior

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

Heating and cooling

  • Cooling:Central Air
  • Heating:Electric

Structure and exterior

  • Roof:Built-Up
  • 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, Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$975,000
  • Price per sq. ft.:$952.15
  • Tax amount:$11,168 (2024)
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