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5125 Gulf Of Mexico Drive , #7

Longboat Key, FL 34228
  • $1,250,000
  • STATUS: Active
  • ON SITE: 92 Days
  • MLS #: A4616212
UPDATED: 31 min ago
$1,250,000
  • 2
    BEDS
  • N/A
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 961
    SQFT
  • $1,301
    $/SQFT
Neighborhood:
Type:
Condo
Built:
1983
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Exceptional Investment Opportunity: Turnkey Furnished Condo at Seagrape Inn** Discover an exceptional investment opportunity with this elegant, fully renovated, turnkey furnished condo in the exclusive boutique-style Seagrape Inn, a resort with only eight units. Nestled beachside on the beautiful Gulf of Mexico, the Seagrape Inn offers an idyllic setting for both personal use and rental income. Owners can enjoy unlimited personal usage while benefiting from a lucrative rental program managed by a professional on-site property manager, with no minimum rental restrictions. This condo promises potential annual revenue exceeding $106,000 currently, while still allowing ample personal use. The current owners have a profit and loss statement ready to share. The Seagrape Inn is meticulously maintained, featuring lush landscaping in an upscale tropical setting. Unit 7, located on the second floor, offers exceptional views of the ocean and pool. Relax on your screened lanai, enjoying the warm breeze with your morning coffee, afternoon cocktail, or a good book. Inside, the spacious open floor plan provides plenty of room to unwind, complete with all new, comfortable furniture and a flat-screen TV in the living area. The fully renovated interior boasts first-class materials and finishes throughout the entire space. Improvements made 2023/2024 include new luxury waterproof vinyl floors throughout, new interior paint, new doors and trim, a full kitchen renovation with new cabinets, granite countertops, and appliances. Both bathrooms have been fully renovated with new tiles, vanities, and showers. The primary bedroom features an inviting king-size bed, ample closet space, a flat-screen TV, and a recently remodeled bathroom. The second bedroom includes a queen-size bed, a flat-screen TV, and a recently remodeled bath as well. A new A/C unit was installed in 2021. This condo is sold fully turn-key furnished and, includes dedicated parking an owner's locker, and is conveniently located near restaurants and shops. The complex recently installed hurricane windows and doors. 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 Enjoy the extremely private, quiet, and serene atmosphere of this lovely condo, the perfect getaway to relax and enjoy spectacular Gulf sunsets while creating new memories. Don't miss this opportunity!

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© 2024 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2024-10-06T09:43:09.783.
cfl.mavrealty.com/homes/152340482
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5125 Gulf Of Mexico Drive , #7 Longboat Key, FL 34228

  • Price: $1,250,000
  • Status: Active
  • On Site: 92 Days
  • Updated: 31 min ago
  • MLS #: A4616212
2
Beds
2
Baths
0
½ Baths
N/A
Acres
961
SQFT
$1,301
$/SQFT
1983
Built
Neighborhood:
Seagrape Inn
County:
Manatee
Area:
Longboat Key
Elementary School:
Anna Maria Elementary
Middle School:
Martha B. King Middle
High School:
Bayshore High
Property Description
Exceptional Investment Opportunity: Turnkey Furnished Condo at Seagrape Inn** Discover an exceptional investment opportunity with this elegant, fully renovated, turnkey furnished condo in the exclusive boutique-style Seagrape Inn, a resort with only eight units. Nestled beachside on the beautiful Gulf of Mexico, the Seagrape Inn offers an idyllic setting for both personal use and rental income. Owners can enjoy unlimited personal usage while benefiting from a lucrative rental program managed by a professional on-site property manager, with no minimum rental restrictions. This condo promises potential annual revenue exceeding $106,000 currently, while still allowing ample personal use. The current owners have a profit and loss statement ready to share. The Seagrape Inn is meticulously maintained, featuring lush landscaping in an upscale tropical setting. Unit 7, located on the second floor, offers exceptional views of the ocean and pool. Relax on your screened lanai, enjoying the warm breeze with your morning coffee, afternoon cocktail, or a good book. Inside, the spacious open floor plan provides plenty of room to unwind, complete with all new, comfortable furniture and a flat-screen TV in the living area. The fully renovated interior boasts first-class materials and finishes throughout the entire space. Improvements made 2023/2024 include new luxury waterproof vinyl floors throughout, new interior paint, new doors and trim, a full kitchen renovation with new cabinets, granite countertops, and appliances. Both bathrooms have been fully renovated with new tiles, vanities, and showers. The primary bedroom features an inviting king-size bed, ample closet space, a flat-screen TV, and a recently remodeled bathroom. The second bedroom includes a queen-size bed, a flat-screen TV, and a recently remodeled bath as well. A new A/C unit was installed in 2021. This condo is sold fully turn-key furnished and, includes dedicated parking an owner's locker, and is conveniently located near restaurants and shops. The complex recently installed hurricane windows and doors. 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 Enjoy the extremely private, quiet, and serene atmosphere of this lovely condo, the perfect getaway to relax and enjoy spectacular Gulf sunsets while creating new memories. Don't miss this opportunity!
Exterior Features

Additional Water Information Private Beach Access. 101 Ft ownership of Gulf frontage Architectural Style Traditional Carport Yn No Construction Materials ConcreteStucco Direction Faces South Exterior Features BalconyHurricane ShuttersIrrigation SystemLightingOutdoor GrillSidewalkSliding Doors Foundation Details BlockSlabStem Wall Lot Features CoastalConstruction Control LineFloodZoneCity LotNear MarinaSidewalk Other Structures Storage Patio And Porch Features CoveredScreened Pool Features GuniteHeatedIn Ground Pool Private Yn Yes Road Surface Type GravelLimerock Roof Membrane View Water Water Access BeachBeach - Access Deeded Water Access Yn Yes Water Body Name Gulf Of Mexico Water Extras Yn No Water View BeachGulf/Ocean to Bay Water View Yn Yes Waterfront Features Gulf/Ocean FrontWaterfrontBeach Waterfront Feet Total 101 Waterfront Yn Yes

Interior Features

Appliances Convection OvenDishwasherDisposalElectric Water HeaterMicrowaveRange HoodRefrigerator Building Area Total 1024 Building Elevator Yn No Cooling Central Air Cooling YN Yes Fireplace Yn No Flooring Ceramic TileLuxury Vinyl Furnished Furnished Heating Central Heating YN Yes Interior Features Living Room/Dining Room ComboOpen FloorplanSplit BedroomThermostat Laundry Features Other Levels One Sewer Public Sewer Stories Total 2 Water Source Public Window Features Blinds

Property Features

Additional Lease Restrictions Buyer/Buyer's agent to verify Approval Process Buyer/Buyer's agent to verify Association Amenities LaundryMaintenanceStorage Association Approval Required Yn No Association Fee 7069 Association Fee Frequency Quarterly Association Fee Includes Community PoolEscrow Reserves FundMaintenance StructureMaintenance GroundsMaintenance RepairsManagerSewerTrashWater Association Fee Monthly Amount 2356.33 Association Fee Requirement Required Association Montly Maint Amt Add To Hoa 0 Association Yn Yes Building Name Number N/A Cdd Yn No Community Features Gulf/Ocean FrontWaterfrontAssociation Recreation - OwnedDeed RestrictionsPool Condo Land Included Yn No Down Payment Resource No Flood Zone Code AE/VE Floor Number 2 Garage Yn No Homestead Yn No Lease Considered YN Yes Lease Restrictions YN No Listing Terms CashConventional Max Pet Weight 101 Minimum Lease No Minimum New Construction Yn No Ownership Fee Simple Pet Restrictions Buyer/Buyer's agent to verify Pets Allowed Yes Property Condition Completed Property Sub Type Condominium Realtor Info Assoc approval required Senior Community Yn No Special Listing Conditions None Sw Subdiv Community Name Seagrape Inn Condo Tax Annual Amount 7654 Total Annual Fees 28276 Total Monthly Fees 2356.33 Utilities BB/HS Internet AvailableCable AvailableElectricity ConnectedPublicStreet LightsUnderground Utilities Yrs Of Owner Prior To Leasing Re No Zoning LBK_R-3MX


Listing information © 2024 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of CENTURY 21 BEGGINS ENTERPRISES: 941-387-8888.



© 2024 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2024-10-06T09:43:09.783.
 
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