5125 GULF OF MEXICO DRIVE
LONGBOAT KEY, FL 34228
About this home
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!
Facts & features
Interior
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 961 sqft
- Heating
- Central, Electric
- Cooling
- Central Air
- Flooring
- Carpet, Tile
- Stories
- 2
- Features
- Ceiling Fans(s), Living Room/Dining Room Combo, Solid Surface Counters
- Appliances
- Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Range, Refrigerator
Exterior & lot
- Lot size
- 0 sqft (0 ac)
- Waterfront
- Yes
- Roof
- Membrane
- Construction
- Concrete, Stucco
- Exterior
- Sliding Doors
Financial
- Annual tax
- $3,448 (2025)
- Price / sqft
- $754/sqft
Utilities
- Water
- Public
- Sewer
- Public Sewer
- Utilities
- BB/HS Internet Available, Cable Connected, Electricity Connected, Underground Utilities, Water Connected
Property
- Property type
- Condo
- Year built
- 1983
- Subdivision
- SEAGRAPE INN
- County
- Manatee
Assigned schools
- Elementary
- Anna Maria Elementary
- Middle
- Martha B. King Middle
- High
- Bayshore High
Listing
- Status
- Sold
- Days on market
- 394 days
- MLS #
- MFR751448760
- Source
- Stellar MLS
Listed by Steve Nursey · MICHAEL SAUNDERS & COMPANY
Listing data provided by Stellar MLS. Information deemed reliable but not guaranteed.
Sample estimate — not an appraisal
Based on 29 comparable sales within 4 miles of LONGBOAT KEY, FL, this home is priced under RENA ValiQ.
Reference only. Estimates blend public sale comps, neighbourhood trend and the listing’s own metrics. Final price moves on diligence, terms and timing — RENA is your second read, not your agent.
Estimate your monthly cost
PITI + HOA- Principal & interest
- $3,666/mo
- Property tax
- $287/mo
- Home insurance
- $200/mo
Opens at 20% down over 30 years at 6.5%, the same assumptions as the answers below. Property tax is this listing's own bill; insurance is left out until you enter a quote, because Florida premiums turn on roof age, elevation and carrier. Every field is editable.
Ask about this property
Answered from this listing’s own figures and the sales around it.
Price history
From the property’s MLS record.
| Date | Event | Price | Change |
|---|---|---|---|
| Jun 29, 2026 | Price reduced | $725,000 | −$115,000 |
| Jun 26, 2026 | Sold | $725,000 | — |
| Feb 26, 2025 | Listed | $840,000 | — |
NeighbourhoodSample data
Reference scores for LONGBOAT KEY, FL. Schools, mobility and amenities feed live data once the dedicated provider connection lands.
Location
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