Nestled in the heart of Longboat Key, this exceptional two-bedroom, two-bathroom beachfront condo offers a rare blend of luxury, comfort, and high rental potential. Situated within the meticulously maintained Seagrape Inn, this turnkey furnished unit is an investor’s dream, boasting a potential gross annual revenue of $108,000 and a net operating income of $66,000. The Seagrape Inn's lush landscaping and upscale tropical ambiance create an idyllic setting along the stunning Gulf of Mexico, perfect for both personal enjoyment and income generation. Amenities at Seagrape Inn include a private entrance to each condo, a private heated pool, a private beach area with lounge chairs and umbrellas, on-site laundry and ice machine, upgraded Wi-Fi throughout the resort, cable TV, a gazebo with a gas BBQ grill, and beach towels and linens. Unit 7, perched on the second floor, provides breathtaking views of the ocean and the inviting pool below. Upon entry, the condo exudes sophistication, with a thoughtfully designed living space that seamlessly connects the living room, dining area, and upgraded kitchen. The kitchen, recently renovated to perfection, features new cabinets, countertops, recessed lighting, plumbing fixtures, and state-of-the-art appliances. The entire unit has been enhanced with new waterproof LVP flooring, fresh interior paint, and modern light fixtures, ensuring a contemporary and elegant aesthetic throughout. Both bedrooms are tastefully furnished, offering serene retreats after a day at the beach. The bathrooms have been completely remodeled, showcasing new vanities, tile work, shower doors, and plumbing fixtures. Step onto the screened balcony to savor unparalleled views of the ocean, pool, and lush greenery a perfect spot to relax and soak in the tranquil surroundings. Beyond the condo's exquisite interior, significant exterior improvements have been made, including the installation of hurricane windows and doors, new deck waterproofing, and exterior painting. The convenience of a designated parking spot adds to the property’s appeal. Located in a prime area of Longboat Key, this condo provides easy access to the beach, Gulf, and nearby restaurants and shops. Whether you're seeking a lucrative investment or a luxurious personal retreat, this beachfront condo offers an extraordinary opportunity to experience the best of coastal living in an unparalleled location.
Sold for $917,000
$917,000
5125 GULF OF MEXICO DRIVE #7, LONGBOAT KEY, FL 34228
2beds
961sqft
Condominium
Built in 1983
-- sqft lot
$916,700 Zestimate®
$954/sqft
$3,329 Estimated rent
Home value
$916,700
$862,000 - $972,000
$3,329/mo
Zestimate® history
Owner options
List your home for rent
$3,329/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$3,329/mo
Rent Zestimate®
Refinance and save
$8,330/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$8,330/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Modern light fixturesPrivate heated poolScreened balconyPrivate beach areaFresh interior paintTurnkey furnished unitThoughtfully designed living space
Zillow last checked:
Listing updated:
Listed by:
Patrick Brogley 941-361-9031,
KELLER WILLIAMS ON THE WATER S 941-803-7522
Bought with:
Stephanie Rundek Bronzino, 3413956
KW COASTAL LIVING III
Laura Rode, 3307175
KW COASTAL LIVING III
Source: Stellar MLS,MLS#: N6141238
Originating MLS: Sarasota - Manatee
Originating MLS: Sarasota - Manatee
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: Walk-In Closet(s)
- Level: First
- Area: 168 Square Feet
- Dimensions: 14x12
Bedroom 2
- Features: Built-in Closet
- Level: First
- Area: 144 Square Feet
- Dimensions: 12x12
Primary bathroom
- Features: Makeup/Vanity Space, Shower No Tub, Single Vanity
- Level: First
- Area: 28 Square Feet
- Dimensions: 7x4
Bathroom 2
- Features: Makeup/Vanity Space, Shower No Tub, Single Vanity
- Level: First
Balcony porch lanai
- Level: First
Dining room
- Level: First
Kitchen
- Level: First
- Area: 99 Square Feet
- Dimensions: 9x11
Living room
- Level: First
- Area: 255 Square Feet
- Dimensions: 15x17
Heating
- Electric
Cooling
- Central Air
Appliances
- Included: Convection Oven, Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator
- Laundry: Outside
Features
- Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Thermostat
- Flooring: Tile
- Doors: Outdoor Grill
- Windows: Blinds
- Has fireplace: No
- 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: One
- Stories: 1
- 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, Beach Access, 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: 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 & HOA
Community
- Features: Water Access, Waterfront, Deed Restrictions, Pool
- Pet fee: $0 monthly
- Subdivision: SEAGRAPE INN
HOA
- Has HOA: Yes
- Amenities included: Laundry, Other, Pool
- Services included: Community Pool, Maintenance Structure, Maintenance Grounds, Manager, Sewer, Trash, Water
- HOA fee: $2,298 monthly
- HOA name: Wanda Hatfield
- HOA phone: 941-383-2105
Location
- Region: Longboat Key
Financial & listing details
- Price per square foot: $954/sqft
- Tax assessed value: $646,000
- Annual tax amount: $11,168
- Date on market: 11/11/2025
- Cumulative days on market: 164 days
- Listing terms: Cash,Conventional,Other
- Ownership: Condominium
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Paved, Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 5/21/2026 | Sold | $917,000-5.9%$954/sqft |
Source:  Stellar MLS #N6141238 Report a problem | ||
| 4/25/2026 | Pending sale | $975,000$1,015/sqft |
Source: Stellar MLS #N6141238 Report a problem | ||
| 11/11/2025 | Listed for sale | $975,000$1,015/sqft |
Source: Stellar MLS #N6141238 Report a problem | ||
| 9/1/2025 | Listing removed | $975,000$1,015/sqft |
Source: Stellar MLS #N6136477 Report a problem | ||
| 5/3/2025 | Price change | $975,000-4.4%$1,015/sqft |
Source: Stellar MLS #N6136477 Report a problem | ||
| 1/21/2025 | Listed for sale | $1,020,000-18.4%$1,061/sqft |
Source: Stellar MLS #N6136477 Report a problem | ||
| 12/8/2024 | Listing removed | $1,250,000$1,301/sqft |
Source: Stellar MLS #A4616212 Report a problem | ||
| 7/5/2024 | Listed for sale | $1,250,000+47.1%$1,301/sqft |
Source: Stellar MLS #A4616212 Report a problem | ||
| 3/17/2023 | Sold | $850,000-1.7%$884/sqft |
Source: Public Record Report a problem | ||
| 2/17/2023 | Pending sale | $865,000$900/sqft |
Source: Stellar MLS #A4560817 Report a problem | ||
| 2/14/2023 | Listed for sale | $865,000$900/sqft |
Source: Stellar MLS #A4560817 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,854 -11.8% | $646,000 -11.1% |
| 2024 | $11,168 +45.9% | $726,750 +133.8% |
| 2023 | $7,654 +28.5% | $310,823 +10% |
| 2022 | $5,957 +10.4% | $282,566 +10% |
| 2021 | $5,397 +4.5% | $256,878 +10% |
| 2020 | $5,164 +5.8% | $233,525 +10% |
| 2019 | $4,878 | $212,295 -43.4% |
| 2018 | $4,878 +5.2% | $375,000 +7.2% |
| 2017 | $4,639 +92.8% | $349,900 +93% |
| 2016 | $2,406 | $181,250 +25% |
| 2015 | $2,406 | $145,000 +5% |
| 2014 | $2,406 +7.5% | $138,101 +3% |
| 2013 | $2,238 +223659% | $134,097 -15% |
| 2012 | $1 | $157,761 -32% |
| 2011 | $1 | $232,001 -0.1% |
| 2010 | -- | $232,229 -17% |
| 2009 | $4,733 -12.1% | $279,794 -14% |
| 2008 | $5,388 -13% | $325,341 -12% |
| 2007 | $6,190 -15.6% | $369,706 -10% |
| 2006 | $7,338 +4.9% | $410,784 +9% |
| 2005 | $6,994 +6.8% | $376,866 +9% |
| 2004 | $6,549 +27.2% | $345,837 +32% |
| 2003 | $5,148 +6.7% | $261,999 +10% |
| 2002 | $4,823 +10.1% | $238,181 +10% |
| 2001 | $4,382 +2.8% | $216,526 +5% |
| 2000 | $4,265 | $206,214 |
Find assessor info on the county website
Neighborhood: 34228
Nearby homes
- $675,0002 bd2 ba961 sqft5125 Gulf Of Mexico Dr UNIT 4, Longboat Key, FL 34228Sold
- $411,2002 bd2 ba961 sqft5125 Gulf Of Mexico Dr UNIT 2, Longboat Key, FL 34228Off Market
- $461,1002 bd2 ba961 sqft5125 Gulf Of Mexico Dr UNIT 3, Longboat Key, FL 34228Off Market
- $776,9002 bd2 ba961 sqft5125 Gulf Of Mexico Dr UNIT 5, Longboat Key, FL 34228Off Market
- $751,6002 bd2 ba961 sqft5125 Gulf Of Mexico Dr UNIT 6, Longboat Key, FL 34228Off Market
- $2,014,1004 bd3 ba2.9k sqft5125 Gulf Of Mexico Dr UNIT 8, Longboat Key, FL 34228Off Market
- $525,0002 bd2 ba1.1k sqft5125 Gulf Of Mexico Dr UNIT 1, Longboat key, FL 34228Off Market
- $525,000-- bd-- ba1.1k sqft5125 Gulf Of Mexico Dr UNIT 1, Longboat key, FL 34228Off Market
Nearby schools
GreatSchools rating
- 9/10Anna Maria Elementary SchoolGrades: PK-5Distance: 7.5 mi
- 2/10Bayshore High SchoolGrades: 8-12Distance: 4.6 mi
- 4/10Martha B. King Middle SchoolGrades: 6-8Distance: 6.8 mi
Schools provided by the listing agent
- Elementary: Anna Maria Elementary
- Middle: Martha B. King Middle
- High: Bayshore High
Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$916,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$916,700
- Florida
- Manatee County
- Longboat Key
- 34228
- 5125 GULF OF MEXICO DRIVE Unit 7
Nearby cities
Nearby zip codes
Other Longboat Key Topics
