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Off market
  • $461,100

    5125 Gulf Of Mexico Dr Unit 3, Longboat Key, FL 34228

    2beds
    961sqft
    Condo
    Built in 1983
    -- sqft lot
    $461,100 Zestimate®
    $480/sqft
    $3,329 Estimated rent

    Home value

    $461,100

    $401,000 - $530,000

    $3,329/mo

    Zestimate® history
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    What's special

    Very rarely available turnkey furnished condo-hotel with onsite management. This is an excellent investment opportunity with a solid rental history in a boutique resort style setting. Seagrape Inn is on the shores of the Gulf of Mexico where owners have access to the white sand beaches of the Gulf of Mexico. The owner's use of the condo is not limited. Seagrape Inn is meticulously maintained and features lush landscaping in an upscale tropical setting. Unit 3 is a 1st floor condo and features exceptional views of the ocean and pool. The interior boasts an open floor plan with newly installed wood flooring and hurricane rated windows and doors. There is also a dedicated parking space. The community offers 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; all this a short distance from many of the renowned restaurants that Sarasota/Longboat Key has to offer.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • central
    Cooling
    • Central
    Features
    • Flooring: Tile, Carpet, Hardwood
    • Has fireplace: No
    Interior area
    • Total interior livable area: 961 sqft

    Property

    Features
    • Exterior features: Stone, Brick
    • On waterfront: Yes
    Details
    • Parcel number: 7997300202

    Construction

    Type & style
    • Home type: Condo
    Materials
    • masonry
    • Roof: Built-up
    Condition
    • Year built: 1983

    Community & HOA

    Location
    • Region: Longboat Key

    Financial & listing details

    • Price per square foot: $480/sqft
    • Tax assessed value: $226,041
    • Annual tax amount: $3,704

    Price history

    DateEventPrice
    7/26/2023Listing removed--
    Source: Michael Saunders & Company Report a problem
    5/24/2023Price change$825,000-5.7%$858/sqft
    Source: Stellar MLS #A4567572 Report a problem
    4/17/2023Listed for sale$875,000+90.2%$911/sqft
    Source: Stellar MLS #A4567572 Report a problem
    10/14/2003Sold$460,000+144.7%$479/sqft
    Source: Public Record Report a problem
    10/27/1994Sold$188,000$196/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,704 -54.1%$226,041 -36.6%
    2024$8,069 +0.4%$356,758 +10%
    2023$8,036 +27%$324,325 +10%
    2022$6,329 +9.8%$294,841 +10%
    2021$5,763 +4.4%$268,037 +10%
    2020$5,521 +5.7%$243,670 +10%
    2019$5,224 $221,518 -40.9%
    2018$5,224 +5%$375,000 +0.1%
    2017$4,975 +98.2%$374,500 +98.1%
    2016$2,511 $189,000 +24.9%
    2015$2,511 $151,300 +5%
    2014$2,511 +7.6%$144,101 +3%
    2013$2,334 +233306%$139,877 -15%
    2012$1 $164,561 -32%
    2011$1 $242,001 -0.4%
    2010-- $242,910 -17%
    2009$4,951 -12.1%$292,662 -14%
    2008$5,636 -13%$340,305 -12%
    2007$6,474 -15.6%$386,710 -10%
    2006$7,675 +4.9%$429,677 +9%
    2005$7,316 +6.8%$394,199 +9%
    2004$6,850 +27.2%$361,749 +32%
    2003$5,385 +6.7%$274,053 +10%
    2002$5,045 +10%$249,139 +10%
    2001$4,584 +2.8%$226,493 +5%
    2000$4,461 $215,708
    Find assessor info on the county website

    Neighborhood: 34228

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $461,100
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    Estimated market value
    $461,100