5125 GULF OF MEXICO DRIVE 4 Longboat Key, FL $ 725,000
5125 GULF OF MEXICO DRIVE 4
$ 725,000
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5125 GULF OF MEXICO DRIVE 4

Longboat Key, FL, 34228
$ 725,000
Bedrooms2 Baths2.0 Sq 961

Monthly Estimate*

$ 4,464

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Condo for sale in Longboat Key, FL

for $725,000 with 2 bedrooms and 2 full baths. This 961 square foot condo was built in 1983.

An exceptional opportunity to own a private family retreat on the pristine shores of Longboat Key—while generating rental income when you’re away. Located within the intimate beachfront enclave of Sea Grape Inn, this unique resort community offers just eight residences, creating a peaceful, uncrowded atmosphere rarely found on the island. Approved for daily, weekly, or monthly rentals, the property provides excellent flexibility for both personal enjoyment and investment potential. From the moment you arrive, the difference is clear. Each residence is thoughtfully appointed and lives more like a private coastal home than a typical vacation rental. This beautifully maintained condo features stone countertops, updated cabinetry, abundant appliances, and tile flooring throughout. The screened porch serves as a tranquil retreat—perfect for enjoying gentle Gulf breezes, spectacular sunsets, and lush tropical landscaping. Step outside to enjoy the heated beachfront pool overlooking the Gulf—an ideal setting for relaxing swims while taking in sweeping water views. The uncrowded beach is just beyond, with chairs provided for effortless seaside enjoyment. Additional amenities include on-site laundry, a BBQ gazebo area, beach towels, and internet service—everything needed for a seamless coastal getaway. Professional on-site management handles all rentals, marketing, cleaning, bookkeeping, and administrative details, offering truly turnkey ownership with no hidden charges. The residence is being offered turnkey furnished, ready for immediate enjoyment or continued rental success. Ideally situated near local restaurants, nature trails, parks with tennis and pickleball, and convenient shopping, this property combines privacy with accessibility. Financials are available upon request. The condo enjoys strong rental demand; showings will be accommodated with 24-hour notice and guest approval. Please contact the listing agent for availability. Life truly is better on Longboat Key!

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Condo Active

Price

$ 725,000

Bedrooms

2

Full Bath

2

Property Type

Condo

Taxes

$ 3,447

Style

Florida

Year Built

1983

Town/City

Longboat Key

County/Region

Manatee

MLS | Web ID

A4645905

Features
General
Sewer Public Sewer
Heating Central Electric
Cooling Central Air
Utilities BB/HS Internet Available Cable Connected Electricity Connected Underground Utilities Water Connected
Possession Negotiable
Roof Membrane
Appliances Dishwasher Disposal Electric Water Heater Exhaust Fan Range Refrigerator
Zoning R3MX
Association Fee Includes Cable TV Community Pool Escrow Reserves Fund Insurance Maintenance Structure Maintenance Grounds Manager Pest Control Pool Maintenance Sewer Trash Water
Patio/Porch Features Porch Screened
Architectural Style Florida
Pool Features Heated In Ground
Construction Materials Concrete Stucco
Pets Allowed No
Year Built 1983
View Water
Levels One
Unit Number 4
Property Subtype Condominium
Tax Year 2025
Ownership Fee Simple
Waterfront Features Waterfront Gulf/Ocean
Community Features Waterfront Pool
County Manatee
New Construction false
Property Type Residential
Association Amenities Cable TV Clubhouse Laundry Maintenance Pool
Subdivision Name SEAGRAPE INN
Facing Direction South
Garage Y/N false
Total Rooms 6
Full Baths 2
Status Active
Directions North on Gulf of Mexico Drive to 5125. Driveway to Seagrape Inn is on your left (after the tennis court beside Club Longboat)
High School Bayshore High
City LONGBOAT KEY
Body of Water GULF OF MEXICO
Association Name Contact Bobbie Banan
Senior Community Y/N false
MLS Area 34228 - Longboat Key
Lot Size Square Feet 0
Carport Y/N false
Listing Terms Cash
Elementary School Anna Maria Elementary
Land Lease Y/N false
Tax Annual Amount 3447.91
Middle/Junior High School Martha B. King Middle
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://iplayerhd.co are m/player/b493a0b0-214d-4a52-b56e-b2c542979763
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Tax Lot 0
Legal Description UNIT 4 SEAGRAPE INN CONDO PI#79973.0025/1
Water View Gulf/Ocean - Partial
Water Access Type Beach Gulf/Ocean
Minimum Lease 1-7 Days
Water Access Y/N true
Monthly Condo Fee Amount 2516
HOA Monthly Maintenance 0
Water View Y/N true
Flood Zone Code AE
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Interior
Interior Amenities Ceiling Fan(s) Living Room/Dining Room Combo Solid Surface Counters
Flooring Carpet Tile
Furnished Y/N Turnkey
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Window Features Storm Window(s) Window Treatments
Fireplace Y/N false
Half Baths 0
Laundry Features Common Area
Total Bedrooms 2
Total Baths 2
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Exterior
Exterior Amenities Sliding Doors
Vegetation Mature Landscaping
Parking Features Assigned
Lot Features Flood Insurance Required FloodZone Landscaped
Water Source Public
Foundation Details Slab
Building Area Total 1024
Lot Size Acres 0
Road Surface Type Other
Private Pool false
Waterfront Y/N true
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* Excluded Features
List By
Michael Saunders & Company

Broker

bobbiebanan@michaelsaunders.com

Email

Affordability Calculator

$4,751
Per Month
94%
6%
0%
Monthly Principal & Interest
$4,464
Monthly Property Taxes
$287
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Bayshore High High School High School
Pricing History
DatePricePrice ChangeDescription
2/16/2026$725,000 -6.45% Price Down
12/19/2025$775,000 Listed Price

Map


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5125 GULF OF MEXICO DRIVE 4, Longboat Key, FL, 34228 is a Condo for sale at $725,000 with 961 sqft. 5125 GULF OF MEXICO DRIVE 4 has 2 bedrooms, 2.0 baths, and was built in 1983. The property's zip code is 34228 which is in Longboat Key, FL