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5125 GULF OF MEXICO DRIVE UNIT 7

Condo/Co-op For Sale
$1,250,000

BTC: 20.12358457

ETH: 514.64261158

91 days
Waterfront
2 bds
2 ba
961 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

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!

Location

Facts and features

Type:
Residential
Parking:
No Data
Year Built:
1983
Lot:
No Data
Heating:
Central
Price/sqft:
$1,301
Cooling:
Central Air
HOA:
$7,069
All facts and features
  • Flooring

    • Ceramic Tile

    • Luxury Vinyl

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Convection Oven

    • Dishwasher

    • Disposal

    • Electric Water Heater

    • Microwave

    • Range Hood

    • Refrigerator

    Other interior features

    • Living Room/Dining Room Combo

    • Open Floorplan

    • Split Bedroom

    • Thermostat

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Property

    • Levels: One

    • Pool Private: Yes

    • Exterior Features: Balcony / Hurricane Shutters / Irrigation System / Lighting / Outdoor Grill / Sidewalk / Sliding Doors

    Other Property Information

    • Parcel Number: 7997300400

    • Zoning: LBK_R-3MX

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Utility

    • BB/HS Internet Available

    • Cable Available

    • Electricity Connected

    • Public

    • Street Lights

    • Underground Utilities

  • Other financial information

    • HOA: $7,069

    • HOA Frequency: Quarterly

    • Annual tax amount: $7,654

  • Source details

    • MLS ID: A4616212

    Other facts

    • Construction Materials: Concrete / Stucco

    • Foundation Details: Block / Slab / Stem Wall

    • Laundry Features: Other

    • Lot Features: CoastalConstruction Control Line / FloodZone / City Lot / Near Marina / Sidewalk

    • Patio And Porch Features: Covered / Screened

    • Pool Features: Gunite / Heated / In Ground

    • Window Features: Blinds

    • Direction Faces: South

    • Other Structures: Storage

    • Architectural Style: Traditional

    • Waterfront: Yes

    • Water Body Name: Gulf Of Mexico

    • Living Area: 961

    • Water Source: Public

    • Subdivision Name: SEAGRAPE INN

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: CENTURY 21 BEGGINS ENTERPRISES