$840,000

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

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

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IDX 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: 4/4/2025, 11:19:51 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

drone / aerial view with a water view and a view of the beach

$840,000

5125 Gulf Of Mexico Dr Unit 4

$9,975

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Mar 05, 2004
Home Sold
$440,000
Feb 25, 2000
Home Sold
$249,000

Tax history

YearAssessmentProperty 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.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $100,893. Residents of Longboat Key, FL typically earn between $35k-100k each year. Typical family type is married, no kids. Typical level of education for residents 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/LPGAPGA/LPGA
  • Horse RacesHorse Races
  • Men's TennisMen's Tennis

Where do the neighbors shop?

  • Stein MartStein Mart
  • BloomingdalesBloomingdales
  • Chico'sChico's

Where do the neighbors go to eat?

  • Bonefish GrillBonefish Grill
  • LongHorn SteakhouseLongHorn Steakhouse
  • Dominos PizzaDominos Pizza

What do the neighbors drive?

  • LincolnLincoln
  • BuickBuick
  • LexusLexus

What do the neighbors listen to?

  • ClassicalClassical
  • Contemporary InspirationalContemporary Inspirational
  • NewsNews
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.

In March 2025 more than 1 listings in Longboat Key, FL were sold above the asking price. During the same period more than 6 listings were sold at asking price, while more than 34 were sold below. In March 2025 in Longboat Key, FL there were 10% more homes for sale than in February. Listings spent 44 days on the market in March 2025, and had a median list price of $1,241,875 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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