Residential Property - Condominium in Longboat Key
Listing Price: $1,250,000
Description of Property
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!
Bedrooms: 2
Bathrooms: 2
Sq. Ft. Gross: 1,024
Garage: No
Carport: No
Parking Features:
Private Pool: Yes
Pool Features:
- Gunite
- Heated
- In Ground
Spa Features:
Water Frontage:
- Gulf/Ocean Front
- Waterfront
- Beach
Water Features:
Water Access: Beach, Beach - Access Deeded
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Condominium
City: Longboat Key
County: Manatee
Subdivision: Seagrape Inn
Bedrooms: 2
Bathrooms: 2
Sq. Ft. Gross: 1,024
Sq. Ft. Living Area: 961
Cost per (heated) sqare foot: $1,301
Year built: 1983
Annual Tax: $7,654
HOA Fee: $7,069 Quarterly
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
- Community Pool
- Escrow Reserves Fund
- Maintenance Structure
- Maintenance Grounds
- Maintenance Repairs
- Manager
- Sewer
- Trash
- Water
Interior Features:
- Living Room/Dining Room Combo
- Open Floorplan
- Split Bedroom
- Thermostat
Appliances:
- Convection Oven
- Dishwasher
- Disposal
- Electric Water Heater
- Microwave
- Range Hood
- Refrigerator
Accessibility Features:
Window Features: Blinds
Additional Rooms:
Ceiling Type:
Flooring: Ceramic Tile, Luxury Vinyl
Schools
Elementary School: Anna Maria Elementary
Middle/Junior High School: Martha B. King Middle
High School: Bayshore High
Pool & Waterfront Info
Private Pool: Yes
Pool Features:
- Gunite
- Heated
- In Ground
Spa Features:
Water Front: Yes
Water Frontage:
- Gulf/Ocean Front
- Waterfront
- Beach
Water Access: Yes
Water Access Type: Beach, Beach - Access Deeded
Water View: Beach, Gulf/Ocean to Bay
Water Name: Gulf Of Mexico
Exterior & Construction
Architectural Style: Traditional
Construction: Concrete, Stucco
- Block
- Slab
- Stem Wall
Roof: Membrane
- Balcony
- Hurricane Shutters
- Irrigation System
- Lighting
- Outdoor Grill
- Sidewalk
- Sliding Doors
Parking Features:
Floors Total: 2
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Central
Electric:
Patio & Porch Features: Covered, Screened
Security Features:
Other Structures: Storage
View: Water
Fencing:
Utilities:
- BB/HS Internet Available
- Cable Available
- Electricity Connected
- Public
- Street Lights
- Underground Utilities
Sewer: Public Sewer
Water Source: Public
Community Features:
- Gulf/Ocean Front
- Waterfront
- Association Recreation - Owned
- Deed Restrictions
- Pool
Association Amenities:
- Laundry
- Maintenance
- Storage
Lot Information
Lot Features:
- CoastalConstruction Control Line
- Flood Zone
- City Lot
- Near Marina
- Sidewalk
Front Exposure: South
Adjoining Property:
Current Adjacent Use:
Legal Description & Other Information
Financing Available: Cash, Conventional
Parcel Number: 7997300400
Zoning: LBK_R-3MX
Pets Allowed/Pet Policies: Yes
Tax Legal Desc.: UNIT 7 SEAGRAPE INN CONDO PI#79973.0040/0
Disclosures: Condominium Disclosure Available
Section: 25
Range: 16
Listing courtesy of CENTURY 21 BEGGINS ENTERPRISES. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.