5125 Gulf Of Mexico Drive, Unit 7
$1,250,000
2
2
961
961
$1,301
Open: 11/24 12:00PM - 03:00PM
Description
Exceptional Investment Opportunity: Turnkey Furnished Condo at Seagrape Inn Discover an exceptional investment opportunity with this elegant, fully renovated, turnkey furnished condo in the exclusive boutique-style Seagrape Inn, a resort with only eight units. Nestled beachside on the beautiful Gulf of Mexico, the Seagrape Inn offers an idyllic setting for both personal use and rental income. Owners can enjoy unlimited personal usage while benefiting from a lucrative rental program managed by a professional...Exceptional Investment Opportunity: Turnkey Furnished Condo at Seagrape Inn Discover an exceptional investment opportunity with this elegant, fully renovated, turnkey furnished condo in the exclusive boutique-style Seagrape Inn, a resort with only eight units. Nestled beachside on the beautiful Gulf of Mexico, the Seagrape Inn offers an idyllic setting for both personal use and rental income. Owners can enjoy unlimited personal usage while benefiting from a lucrative rental program managed by a professional on-site property manager, with no minimum rental restrictions. This condo promises potential annual revenue exceeding $106,000 currently, while still allowing ample personal use. The current owners have a profit and loss statement ready to share. The Seagrape Inn is meticulously maintained, featuring lush landscaping in an upscale tropical setting. Unit 7, located on the second floor, offers exceptional views of the ocean and pool. Relax on your screened lanai, enjoying the warm breeze with your morning coffee, afternoon cocktail, or a good book. Inside, the spacious open floor plan provides plenty of room to unwind, complete with all new, comfortable furniture and a flat-screen TV in the living area. The fully renovated interior boasts first-class materials and finishes throughout the entire space. Improvements made 2023/2024 include new luxury waterproof vinyl floors throughout, new interior paint, new doors and trim, a full kitchen renovation with new cabinets, granite countertops, and appliances. Both bathrooms have been fully renovated with new tiles, vanities, and showers. The primary bedroom features an inviting king-size bed, ample closet space, a flat-screen TV, and a recently remodeled bathroom. The second bedroom includes a queen-size bed, a flat-screen TV, and a recently remodeled bath as well. A new A/C unit was installed in 2021. This condo is sold fully turn-key furnished and, includes dedicated parking an owner's locker, and is conveniently located near restaurants and shops. The complex recently installed hurricane windows and doors. Amenities at Seagrape Inn include: - Private Entrance to Each Condo - 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 Enjoy the extremely private, quiet, and serene atmosphere of this lovely condo, the perfect getaway to relax and enjoy spectacular Gulf sunsets while creating new memories. Don't miss this opportunity! Please note, the HOA quarterly fee includes the onsite Rental/CAM Managers salary. Beyond the CAM manager's responsibility of operations expense, upkeep, board meetings, financials, etc.. She also handles all Rental bookings, advertising, cleaning, receipts, ect…. BUT there is no commission owed or due for these rental agent services as it is already built into your quarterly hoa fee.
- Listed by Jesse Griffin • CENTURY 21 BEGGINS ENTERPRISES
Property Details for 5125 Gulf Of Mexico Drive, Unit 7
Architectural Style
Traditional
Subdivision NameSEAGRAPE INN
Township35
ViewWater
WaterfrontYes
Water ViewBeach, Gulf/Ocean to Bay
FurnishedFurnished
Open Houses
Sunday, Nov 24th
12:00 PM - 3:00 PM
LISTING UPDATED: 11/21/2024 12:14 PM
Property Details for 5125 Gulf Of Mexico Drive, Unit 7
Status | Active |
---|---|
MLS # | A4616212 |
Days on Market | 140 |
Taxes | $7,654 / year |
HOA Fees | $7,069 / quarter |
Condo/Co-op Fees | - |
Compass Type | Condo |
MLS Type | Residential / Condominium |
Year Built | 1983 |
County | Manatee County |
Building Information for 5125 Gulf Of Mexico Drive, Unit 7
Building/Complex5125 Gulf Of Mexico DrFloor-Stories2Residences-Pet Policy-Year Built1983
Property Information for 5125 Gulf Of Mexico Drive, Unit 7
Property History for 5125 Gulf Of Mexico Drive, Unit 7
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 5125 Gulf Of Mexico Drive, Unit 7
Taxable ValueLand-Additions$739,500Total-
Tax Record2023$7,654 ($638 / month)
Home Facts
Beds2Baths1Total Finished SqFt961 SqFtAbove Grade Finished SqFt961 SqFtStories1StyleCondominiumYear Built1983ZoningLBK_R-3MXCountyMANATEEAPN79973.0040-0
Schools near 5125 Gulf Of Mexico Drive, Unit 7
This home is within Manatee.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | 6 to 12 |
Rating | School | Distance |
---|---|---|
Anna Maria Elementary School PublicK to 5 | ||
Martha B. King Middle School Public6 to 8 | ||
Bayshore High School Public9 to 12 | ||
State College Of Florida Collegiate School Charter6 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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