Tour
$9,499 Closing Credit¹
#A4632978, Dennis Girard, Listing Office: PREMIER SOTHEBYS INTL REALTY
$840,000 List price
5125 Gulf Of Mexico Dr Unit 4 Longboat Key, FL 34228
$9,975
Closing credit¹
2 beds
2 full
961 sqft
$874 / sqft
Condo
Property details
About 5125 Gulf Of Mexico Dr Unit 4
Attention Investors! This is a rare opportunity to own on the beach on LBK and collect rent. This intimate, unique beachfront resort has only 8 condos and is available for daily, weekly or monthly rentals. All condos are beautifully appointed and smoke free. You will enjoy many relaxing hours on the beach where chairs are provided for you. The kitchen has stone counters and every small appliance you like to use. The screened porch is a quiet refuge from which to view the Gulf water and the lush landscaping. On site management handles all rentals, cleaning, advertising, bookkeeping and other administrative business. This lovely condo is being offered TURNKEY FURNISHED. Restaurants, nature trails, a park with tennis and pickleball, and food shopping are close by. Financials will be provided upon request. Visit the Seagrape website for room rates etc. theseagrapeinn.com. This condo is heavily booked so showings are available only on check out day which is usually Saturday at 10. Life is good on Longboat Key!
Highlights
Home typeCondominium
HeatingCentral, Electric
StatusActive
CoolingCentral Air
Size961 sqft
Year built1983
ParkingAssigned
MLS #A4645905
WaterfrontGulf
ViewWater
Summary
- MLS Number: A4645905
- MLS Name: MFRMLS
- Office Name: MICHAEL SAUNDERS & COMPANY
- Office Phone: (941) 388-4447
- Listing Agent: Bobbie Banan
Listings courtesy of Stellar MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2025, 3:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$840,000
5125 Gulf Of Mexico Dr Unit 4
$9,975
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Mar 05, 2004 | Home Sold | $440,000 |
| Feb 25, 2000 | Home Sold | $249,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $739,500 | $7,528 |
| 2022 | $504,000 | $5,842 |
| 2021 | $415,000 | $5,842 |
| 2020 | $223,499 | $4,790 |
| 2018 | $375,000 | $3,794 |
| 2017 | $325,000 | $3,794 |
History based on county public records data.
Nearby schools
4
Bayshore Elementary School
Public District PK-5
4.2 mi
•6120 26th St W
4
Sea Breeze Elementary School
Public District PK-5
4.7 mi
•3601 71st St W
3
H. S. Moody Elementary School
Public District PK-5
4.7 mi
•5425 38th Ave W
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $100,893. Typical income of Longboat Key, FL residents is between $35k-100k annually. The most common type of family is married, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
14%
<35k
35%
35k-100k
32%
100k-200k
19%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
41%
Single, No Kids
0%
Single, with Kids
58%
Married, No Kids
1%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
1%
<11 yrs old
1%
12-17 yrs old
1%
18-34 yrs old
20%
35-64 yrs old
77%
65+ yrs old
What do the neighbors do for fun?
PGA/LPGA
Horse Races
Men's Tennis
Where do the neighbors shop?
Stein Mart
Bloomingdales
Chico's
Where do the neighbors go to eat?
Bonefish Grill
LongHorn Steakhouse
Dominos Pizza
What do the neighbors drive?
Lincoln
Buick
Lexus
What do the neighbors listen to?
Classical
Contemporary Inspirational
News
All data provided by Home Junction and Claritas
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Frequently asked questions
About 5125 Gulf Of Mexico Dr Unit 4
This home is located at 5125 Gulf Of Mexico Dr Unit 4 in Longboat Key, FL and zip code 34228. This 961 square foot home was built in 1983. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 24, 2025 and is currently priced at $840,000.
Over 1 listings were sold over their listed price in March 2025 in Longboat Key, FL. In the same period over 34 listings were sold below the listed price and 6 listings were sold for the listed price. The number of listings in Longboat Key, FL increased by 10% between February and March 2025. While the average time on the market in March 2025 was 44 days, the median list price was $1,241,875.
From Rocket Homes Real Estate and based on county public records data.