Attention Investors! This is a rare opportunity to own on the beach on LBK and collect rent. 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. 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!
For sale
$840,000
5125 Gulf Of Mexico Dr UNIT 4, Longboat Key, FL 34228
2beds
961sqft
Est.:
Condominium
Built in 1983
-- sqft lot
$-- Zestimate®
$874/sqft
$2,516/mo HOA
What's special
Stone countersBeachfront resortScreened porchLush landscaping
- 60 days
- on Zillow |
- 255 |
- 7 |
Zillow last checked: 7 hours ago
Listing updated: April 11, 2025 at 07:54am
Listing Provided by:
Bobbie Banan 941-356-2659,
MICHAEL SAUNDERS & COMPANY 941-388-4447,
Steve Nursey 941-356-7010,
MICHAEL SAUNDERS & COMPANY
Source: Stellar MLS,MLS#: A4645905
Originating MLS: Sarasota - Manatee

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: Built-in Closet
- Level: First
- Area: 168 Square Feet
- Dimensions: 12x14
Bedroom 2
- Features: Built-in Closet
- Level: First
- Area: 168 Square Feet
- Dimensions: 12x14
Primary bathroom
- Features: Tub With Shower
- Level: First
Bathroom 2
- Features: Shower No Tub
- Level: First
Kitchen
- Features: Stone Counters
- Level: First
- Area: 88 Square Feet
- Dimensions: 8x11
Living room
- Features: Ceiling Fan(s)
- Level: First
- Area: 255 Square Feet
- Dimensions: 15x17
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Range, Refrigerator
- Laundry: Common Area
Features
- Ceiling Fan(s), Living Room/Dining Room Combo, Solid Surface Counters
- Flooring: Carpet, Tile
- Doors: Sliding Doors
- Windows: Storm Window(s), Window Treatments
- Has fireplace: No
Interior area
- Total structure area: 1,024
- Total interior livable area: 961 sqft
Video & virtual tour
Property
Parking
- Parking features: Assigned
Features
- Levels: One
- Stories: 1
- Patio & porch: Porch, Screened
- Pool features: Heated, In Ground
- Has view: Yes
- View description: Water, Gulf/Ocean - Partial
- Has water view: Yes
- Water view: Water,Gulf/Ocean - Partial
- Waterfront features: Waterfront, Gulf/Ocean, Beach Access, Gulf/Ocean Access
- Body of water: GULF OF MEXICO
Lot
- Features: Flood Insurance Required, FloodZone, Landscaped
- Residential vegetation: Mature Landscaping
Details
- Parcel number: 7997300251
- Zoning: R3MX
- Special conditions: None
Construction
Type & style
- Home type: Condo
- Architectural style: Florida
- Property subtype: Condominium
Materials
- Concrete, Stucco
- Foundation: Slab
- Roof: Membrane
Condition
- New construction: No
- Year built: 1983
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: BB/HS Internet Available, Cable Connected, Electricity Connected, Underground Utilities, Water Connected
Community & HOA
Community
- Features: Waterfront, Pool
- Subdivision: SEAGRAPE INN
HOA
- Has HOA: No
- Amenities included: Cable TV, Clubhouse, Laundry, Maintenance, Pool
- Services included: Cable TV, Community Pool, Reserve Fund, Internet, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance
- HOA fee: $2,516 monthly
- HOA name: Contact Bobbie Banan
- HOA phone: 941-356-2659
- Pet fee: $0 monthly
Location
- Region: Longboat Key
Financial & listing details
- Price per square foot: $874/sqft
- Tax assessed value: $726,750
- Annual tax amount: $7,545
- Date on market: 3/24/2025
- Listing terms: Cash
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Other
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