Amazing investment opportunity to own a rarely available elegant, turnkey furnished condo situated upon this idyllic resort comprised of only eight units. The Seagrape Inn is a boutique-style resort complex, located beachside, on the shores of the beautiful Gulf of Mexico. Owners may enjoy unlimited personal usage but may also benefit from the rental program facilitated by the professional on-site property manager (gross rents $74,000 in 2022). Seagrape Inn is meticulously maintained and features lush landscaping in an upscale tropical setting. Unit 7 is a 2nd story condo and features exceptional views of the ocean and pool. Feel the warm breeze flow in from your screened lanai while enjoying your morning coffee, afternoon cocktail or good book! The spacious open floor plan provides plenty of space to relax and enjoy the flat screen TV while lounging on the new (2021) very comfortable furniture in the living area. A fully equipped kitchen and dining room enhances your dining experience. Retire to the primary bedroom with an inviting comfortable king size bed, ample closet space, flat screen TV and recently remodeled bath. The second bedroom has two twin beds, flat screen TV and recently remodeled bath as well. (All mattresses were purchased in 2021). New A/C unit was installed January 2021. This condo is being sold fully furnished. Unit 7 has dedicated parking, an owners locker, and is a short distance to restaurants and shops. Hurricane windows and doors recently installed at the complex. 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. The extremely private, quiet and serene atmosphere of this lovely condo is the perfect getaway to relax and enjoy the spectacular Gulf sunsets and create new memories. You won’t want to miss one!
Sold for $850,000 on 03/16/23
$850,000
5125 Gulf Of Mexico Dr UNIT 7, Longboat Key, FL 34228
2beds
961sqft
Hotel/Motel, Condominium
Built in 1983
-- sqft lot
$877,300 Zestimate®
$884/sqft
$3,548 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: February 26, 2024 at 08:14pm
Listing Provided by:
Sandi Layfield, PA 941-914-2807,
MICHAEL SAUNDERS & COMPANY 941-383-5502,
Michael Nink, PA 941-914-2805,
MICHAEL SAUNDERS & COMPANY
Bought with:
Jesse Griffin, 3081650
CENTURY 21 BEGGINS ENTERPRISES
Source: Stellar MLS,MLS#: A4560817
Originating MLS: Sarasota - Manatee

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: First
- Dimensions: 12x14
Bedroom 2
- Level: First
- Dimensions: 12x14
Balcony porch lanai
- Level: First
- Dimensions: 8x10
Kitchen
- Level: First
- Dimensions: 8x11
Living room
- Level: First
- Dimensions: 15x17
Heating
- Electric
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
- Laundry: Outside
Features
- Living Room/Dining Room Combo, Primary Bedroom Main Floor
- Flooring: Tile
- Doors: Outdoor Grill
- Windows: Blinds
- Has fireplace: Yes
- Common walls with other units/homes: Corner Unit,End Unit
Interior area
- Total structure area: 1,024
- Total interior livable area: 961 sqft
Property
Parking
- Parking features: Assigned
Features
- Levels: Two
- Stories: 2
- Patio & porch: Screened
- Exterior features: Outdoor Grill
- Pool features: Gunite, Heated, Lighting, Outside Bath Access
- Has view: Yes
- View description: Water, Gulf/Ocean - Partial
- Has water view: Yes
- Water view: Water,Gulf/Ocean - Partial
- Waterfront features: Waterfront, Gulf/Ocean, Gulf/Ocean to Bay Access
- Body of water: GULF OF MEXICO
Lot
- Features: City Lot, Sidewalk
- Residential vegetation: Mature Landscaping
Details
- Parcel number: 7997300400
- Zoning: R3MX
- Special conditions: None
Construction
Type & style
- Home type: Condo
- Architectural style: Other
- Property subtype: Hotel/Motel, Condominium
Materials
- Block, Stucco
- Foundation: Slab
- Roof: Built-Up
Condition
- New construction: No
- Year built: 1983
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
Community & neighborhood
Community
- Community features: Water Access, Waterfront, Pool
Location
- Region: Longboat Key
- Subdivision: SEAGRAPE INN
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $2,297 monthly
- Amenities included: Laundry, Other, Pool
- Services included: Community Pool, Manager, Sewer, Trash, Water
- Association name: Assoc Mgr Wanda
- Association phone: 941-383-2105
Other fees
- Pet fee: $0 monthly
Other financial information
- Total actual rent: 0
Other
Other facts
- Listing terms: Cash
- Ownership: Condominium
- Road surface type: Paved, Asphalt
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Estimated market value
$877,300