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$917,000

  • Sold
  • Closed
  • Condo
  • 2 Beds
  • 2 Full Baths
  • 961 Sq. Ft.
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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 thoughtfully designed living space that seamlessly connects the living room, dining area, and upgraded kitchen. The kitchen, recently renovated to perfection, features new cabinets, countertops, recessed lighting, plumbing fixtures, and state-of-the-art appliances. The entire unit has been enhanced with new waterproof LVP flooring, fresh interior paint, and modern light fixtures, ensuring a contemporary and elegant aesthetic throughout. Both bedrooms are tastefully furnished, offering serene retreats after a day at the beach. The bathrooms have been completely remodeled, showcasing new vanities, tile work, shower doors, and plumbing fixtures. Step onto the screened balcony to savor unparalleled views of the ocean, pool, and lush greenery a perfect spot to relax and soak in the tranquil surroundings. Beyond the condo's exquisite interior, significant exterior improvements have been made, including the installation of hurricane windows and doors, new deck waterproofing, and exterior painting. The convenience of a designated parking spot adds to the property's appeal. Located in a prime area of Longboat Key, this condo provides easy access to the beach, Gulf, and nearby restaurants and shops. Whether you're seeking a lucrative investment or a luxurious personal retreat, this beachfront condo offers an extraordinary opportunity to experience the best of coastal living in an unparalleled location.

Full Property Details for 5125 Gulf of Mexico Dr #7

General

  • Sold For: $917,000
  • HOA FEE: $2,298/month
  • Taxes: $11,168 (2024)
  • Status: Closed
  • Type: Condo
  • Source: MidFloridaRegionalMLS
  • MLS ID: N6141238
  • Added to Site: 206 day(s) ago

Rental Information

  • Min. Lease: 1-7 Days

Interior

  • Number of Rooms: 8
  • Interior Features: Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Thermostat
  • Appliances: Convection Oven, Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator
  • Furnishings: Turnkey
  • Flooring: Tile

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 2

Other Rooms

  • Laundry: Outside

Additional Information

  • Shared Amenities: Laundry, Other, Pool
  • Pool Description: Gunite, Heated, Lighting, Outside Bath Access

Exterior

  • Exterior Features: Outdoor Grill
  • Deck/Patio: Screened
  • Porch/Patio/Deck: Screened

Parking

  • Parking Features: Assigned

Location

  • Area: 34228 - Longboat Key
  • County: Manatee
  • Development Name: 34228 - Longboat Key
  • Subdivision: SEAGRAPE INN
  • Driving Directions: From Sarasota: Drive from John Ringling Cswy and Gulf of Mexico Dr to Longboat Key. Turn left. Destination will be on the right.
  • Direction Faces: South

School Information

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

Community

  • Community Name: 34228 - Longboat Key
  • Community Features: Water Access, Waterfront, Deed Restrictions, Pool
  • Optional Amenities: Laundry, Other, Pool
  • Association: Yes
  • Assoc. Name: Wanda Hatfield
  • Assoc. Fees Include: Community Pool, Maintenance Structure, Maintenance Grounds, Manager, Sewer, Trash, Water
  • Management Type: Full Time
  • Mgmt. Company: Full Time

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Electric

Utilities

  • Sewer: Public Sewer
  • Water District: GULF OF MEXICO
  • Water: Public
  • Utility Description: Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected

Structural Information

  • Architectural Info: Other
  • Architectural Style: Other
  • Exterior Const.: Block, Stucco
  • Roof: Built-Up
  • Common Walls: Corner Unit, End Unit
  • Windows: Blinds
  • Stories/Levels: One
  • Square Feet: 961
  • Sq. Ft. Source: Public Records
  • Living Area: 961 Sq. Ft.
  • Year Built: 1983

Lot Features

  • Property View: Water
  • Frontage: Street Paved
  • Street/Road Desc.: Paved, Asphalt

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Access: Yes
  • Water Access Desc: Beach, Gulf/Ocean to Bay
  • Water Front Name: GULF OF MEXICO
  • Water Front Desc.: Waterfront, Gulf/Ocean

Financial Considerations

  • Assoc Fee Desc.: None
  • Condo Fee: $2,298
  • Condo Fee Freq: Monthly
  • Tax Amount: $11,168
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Condominium
  • Special Conditions: None
  • Legal Description: UNIT 7 SEAGRAPE INN CONDO PI#79973.0040/0
  • Flood Zone Info: AE
  • APN: 7997300400
  • Property ID: 7997300400

Listed by Keller Williams On The Water S
Sold by Kw Coastal Living Iii

Listing agent

— 5125 Gulf of Mexico Dr #7 —

  • Keller Williams On The Water S

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 5125 Gulf of Mexico Dr #7

School District:Manatee County School District
NameGradesDistance
Anna Maria Elementary School
4700 Gulf Drive, Holmes Beach, FL 34217
PK-57.5 mi
Martha B. King Middle School
600 75th Street Northwest, Bradenton, FL 34209
6-86.8 mi
Bayshore High School
5401 34th Street West, Bradenton, FL 34210
9-124.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5125 Gulf of Mexico Dr #7

Date
Details
Price
Change
Source
5/21/2026
Sold
$917,000
-5.95%
MLS
11/11/2025
Listed
$975,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Keller Williams On The Water S
Sold by Kw Coastal Living Iii

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5125 Gulf Of Mexico Drive #7, Longboat Key, FL 34228 (MLS# N6141238) is a Condo property that was sold at $917,000 on May 21, 2026. Want to learn more about 5125 Gulf Of Mexico Drive #7? Do you have questions about finding other Condo real estate for sale in Longboat Key? You can browse all Longboat Key real estate or contact a Coldwell Banker agent to request more information.