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$775,000 - 5125 Gulf Of Mexico Drive 4, LONGBOAT KEY

2
Bedrooms
2
Baths
961
SQ. Feet
1983
Year Built

Attention Investors! This is a rare opportunity to own on the beach on LBK and collect rent. The GROSS INCOME from 1/1/25-12/31//2025 is approximately$76,478. 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!

Essential Information

  • MLS® #:
    A4645905
  • Price:
    $775,000
  • Bedrooms:
    2
  • Bathrooms:
    2.00
  • Full Baths:
    2
  • Square Footage:
    961
  • Acres:
    0.00
  • Year Built:
    1983
  • Type:
    Residential
  • Sub-Type:
    Condominium
  • Style:
    Florida
  • Status:
    Active

Community Information

  • Address:
    5125 Gulf Of Mexico Drive 4
  • Area:
    Longboat Key
  • Subdivision:
    SEAGRAPE INN
  • City:
    LONGBOAT KEY
  • County:
    Manatee
  • State:
    FL
  • Zip Code:
    34228

Amenities

  • Amenities:
    Cable TV, Clubhouse, Laundry, Maintenance, Pool
  • Parking:
    Assigned
  • View:
    Water
  • Is Waterfront:
    Yes
  • Waterfront:
    Gulf/Ocean

Interior

  • Interior Features:
    Ceiling Fans(s), Living Room/Dining Room Combo, Solid Surface Counters
  • Appliances:
    Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Range, Refrigerator
  • Heating:
    Central, Electric
  • Cooling:
    Central Air
  • # of Stories:
    2

Exterior

  • Exterior Features:
    Sliding Doors
  • Lot Description:
    Flood Insurance Required, FloodZone, Landscaped
  • Roof:
    Membrane
  • Foundation:
    Slab

School Information

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

Additional Information

  • Days on Market:
    331
  • Zoning:
    R3MX

Listing Details

  • Listing Office:
    Michael Saunders & Company

Listing information courtesy of Michael Saunders & Company.

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Listing data comes from My Florida Regional MLS.

Listing information last updated on February 18th, 2026 at 5:48am EST.