5125 Gulf Of Mexico Drive #4, Longboat Key, FL 34228 (MLS # A4645905)

Price $775,000
Status Active
Beds 2
Baths 2 Baths
Home size 961 sqft
Lot Size n/a
Days on Market 314
Attention Investors! This is a rare opportunity to own on the beach on LBK and collect rent. The GROSS INCOME from 1/1/25-10/12/2025 is $62,469. 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, (NO linen rental fee, NO cleaning fee, No business tax fee,) 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. This condo is heavily booked so showings are available only on check out day which is usually Saturday at 10.Call agent for availability. Life is good on Longboat Key!
Property Type(s): Condo/Townhouse/Co-Op
Last Updated 9/24/2025 Tract SEAGRAPE INN
Year Built 1983 Community 34228 - Longboat Key
County Manatee

SCHOOLS

Elementary School Anna Maria Elementary
Jr. High School Martha B. King Middle
High School Bayshore High

Price History

Prior to Sep 24, '25 $840,000
Sep 24, '25 - Today $775,000

Additional Details

AIR Central Air
AIR CONDITIONING Yes
AMENITIES Cable TV, Insurance, Internet, Maintenance Grounds, Maintenance Structure, Pest Control, Sewer, Trash, Water
APPLIANCES Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Range, Refrigerator
AREA 34228 - Longboat Key
CONSTRUCTION Concrete, Stucco
HEAT Central, Electric
LOT DESCRIPTION Landscaped, Waterfront
PARKING Assigned
POOL Yes
POOL DESCRIPTION Heated, In Ground
SEWER Public Sewer
STORIES 1
STYLE Florida
SUBDIVISION SEAGRAPE INN
TAXES 7545.17
UTILITIES Cable Available, Cable Connected, Electricity Connected, Underground Utilities, Water Connected
VIEW Yes
VIEW DESCRIPTION Water
WATER Public
WATER ACCESS GULF OF MEXICO
WATERFRONT Yes
WATERFRONT DESCRIPTION Ocean Front, Beach Access

Location

 

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Listing provided by Bobbie Banan, MICHAEL SAUNDERS & COMPANY, 941-388-4447
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 1/6/26 3:28 AM PST.

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