NOT LISTED FOR SALE

255 the Esplanade N Unit 103 Venice, FL 34285

Estimated Value: $613,000 - $693,000

2 Beds
2 Baths
1,340 Sq Ft
0.31 Acres

Last Sold February 16, 2021

Last sale price $475,000 $354 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $4,133/month

89 Days on Market

Highlights

  • Airport or Runway
  • Public Boat Ramp
  • Private Beach
  • Venice Elementary School Rated A
  • Property fronts gulf or ocean
  • 4-minute walk to Venice Army Air Base Park

About This Home

As of February 2021

Ever dreamed of owning your own house on the beach? Dream no more! This TURNKEY furnished, ground floor condo lives like a single-family home. Imagine walking out directly from your lanai to the paver walkway and being just a few steps to the heated pool and 281’ of private beach. No waiting on elevators! Plus, you can park your car steps away from the front door in your assigned covered spot which is a nice plus when it comes to lugging groceries inside. The unit has 2 bedrooms, 2 bathrooms, and 1,340 sqft of comfort, with Gulf views from all but the guest bedroom. The glassed and screened lanai provides the opportunity for enjoying sunsets year-round and increases the effective square footage to 1,460. The kitchen has plenty of cabinet and Corian counter space for all entertaining essentials. Wake up to views of the Gulf and the sound of the waves from your spacious master bedroom that features a large walk-in closet and ensuite bathroom. The bonus room as you enter the unit is currently purposed as a sitting room with a sleeper sofa, but could easily be used as an office/den. No neighbor noise on the north side as the unit unit is adjacent to the clubhouse. Gulf Shores has top notch amenities for everyday use, including a clubhouse w/ full kitchen, gas BBQ grill, assigned/covered parking, bike racks, and even an herb garden. Security is ensured with keyed access to the elevator and a full-time maintenance man assures that the community is meticulously maintained. You will be walking distance to activities at Venice Beach, the South Jetty and Historic Downtown Venice where shopping, dining, & entertainment await! Do not hesitate – call now to live directly on the Gulf of Mexico!

Last Agent to Sell the Property

Mike Saur

CENTURY 21 SCHMIDT REAL ESTATE License #3348763 Listed on: 10/18/2020

CENTURY 21 SCHMIDT REAL ESTATE

Last Buyer's Agent

Toni Zarghami

KW COASTAL LIVING III License #3283821

KW COASTAL LIVING III

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,831

Year Built

  • Built in 1973

Lot Details

  • Property fronts gulf or ocean
  • Private Beach
  • East Facing Home
  • Irrigation
  • Landscaped with Trees

Property Views

  • Water
  • Pool

Home Design

  • Turnkey
  • Slab Foundation
  • Shingle Roof
  • Membrane Roofing
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,340 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Den
  • Bonus Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Home Security

Parking

  • 1 Carport Space
  • Ground Level Parking
  • Guest Parking
  • Assigned Parking

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Outdoor Shower

Outdoor Features

  • Water Access
  • Property is near a marina
  • Balcony
  • Exterior Lighting

Location

  • Property is near public transit
  • Property is near a golf course
  • The property is located in a historic district

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 103
  • Assessor Parcel Number 0175144003

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include cable TV, community pool, escrow reserves fund, insurance, maintenance exterior, ground maintenance, manager, pest control, pool maintenance, recreational facilities, security, sewer, trash, water
  • Keys Caldwell Association, Phone Number (941) 408-8293
  • Gulf Shores Community
  • Association Approval Required
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions
  • 10-Story Property

Amenities

  • Airport or Runway
  • Clubhouse
  • Laundry Facilities
  • Elevator

Recreation

  • Public Boat Ramp
  • Tennis Courts
  • Recreation Facilities
  • Community Playground
  • Community Pool
  • Fishing
  • Park

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,831

Year Built

Built in 1973

Lot Details

0

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Exterior, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Description: High Rise, Walk-Up
  • Water View: Yes
  • Construction Materials: Block, Stucco
  • Living Area: 1340.00
  • Year Built: 1973
  • Building Area Total: 1460.00
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4481338?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4481338?w=Customer
  • Building Search Sq Meters: 135.64
  • Down Payment Resource Assistance: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4481338?w=PubMLS
  • Tax Year: 2019
  • Special Features: None

Interior Features

  • Room Count: 7
  • Living Area Units: Square Feet
  • Additional Rooms: Bonus Room, Den/Library/Office
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Solid Surface Counters, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Floor Number: 1
  • Levels: One
  • Stories: 10
  • Window Features: Blinds
  • Living Area Meters: 124.49

Exterior Features

  • Direction Faces: East
  • Waterfront Feet Private Beach: 268
  • Waterfront Feet Gulf Ocean: 268
  • Water Access: Beach - Private, Gulf/Ocean
  • Pool Features: Gunite, Heated, In Ground
  • Exterior Features: Balcony, Irrigation System, Lighting, Outdoor Shower
  • Roof: Membrane, Shingle
  • Water View: Beach, Gulf/Ocean - Full
  • Flood Zone Code: AE
  • Water Access: Yes
  • View: Pool, Water
  • Waterfront: Yes
  • Road Surface Type: Asphalt

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Parking Features: Assigned, Covered, Ground Level, Guest

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric, Heat Pump
  • Laundry Features: Laundry Room, Outside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • S W Subdiv Community Name: Gulf Shores
  • Community Features: Airport/Runway, Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Fishing, Park, Playground, Public Boat Ramp, Sidewalk, Tennis Courts, Water Access, Waterfront
  • Building Name Number: GULF SHORES
  • Condo Fees: 1800
  • Condo Fees Term: Quarterly
  • Monthly Condo Fee Amount: 600
  • Association Amenities: Cable, Clubhouse, Elevators, Laundry, Pool, Recreation Facilities
  • Association Approval Required: Yes
  • Association Fee Frequency: Quarterly
  • Association Fee Requirement: Required
  • Association Name: Keys Caldwell
  • Phone: 941-408-8293
  • Association: Yes
  • Security: Smoke Detector(s)

Fee Information

  • Waterfront Frontage: 536
  • Total Annual Fees: 7200.00
  • Total Monthly Fees: 600.00

Lot Info

  • Zoning: RMF4
  • Parcel Number: 0175144003
  • Lot Features: Historic District, Near Golf Course, Near Marina, Near Public Transit, Sidewalk, Street Paved

Rental Info

  • Minimum Lease: 3 Months
  • Additional Lease Restrictions: See condo docs
  • Furnished: Turnkey
  • Lease Restrictions: Yes

Multi Family

  • Approval Process: Application and Association approval.
  • Waterfront Features: Beach - Private, Gulf/Ocean

Tax Info

  • Tax Annual Amount: 5831.31
  • Tax Book Number: 953-1548
  • Tax Lot: 103

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2020
Closed on
Feb 16, 2021
Sold by
Vanwayne A Le
Bought by
Carrigan Richard Tracy and Carrigan Virginia Marie
Seller's Agent
Mike Saur
CENTURY 21 SCHMIDT REAL ESTATE
Buyer's Agent
Toni Zarghami
KW COASTAL LIVING III
List Price
$499,900
Sold Price
$475,000
Premium/Discount to List
-$24,900
-4.98%
Current Estimated Value
$653,067

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,067
Avg. Annual Appreciation
7.01%

Purchase Details

Closed on
Apr 5, 2017
Sold by
Levan Wayne A and Ripellino Brayan J
Bought by
Levan Wayne A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,150
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 2005
Sold by
Vogl Rosemary Duggan
Bought by
Ripellino Bryan J and Levan Wayne A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 16, 2001
Sold by
Garber Theresa Ann
Bought by
Garber Theresa Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
7.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 3, 2000
Sold by
Welch Sherrey and Mcintyre Tommy
Bought by
Garber Theresa Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
8.34%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Carrigan Richard Tracy $475,000 Attorney
Levan Wayne A $218,600 Attorney
Ripellino Bryan J $580,000 Chelsea Title Company
Garber Theresa Ann -- --
Garber Theresa Ann $239,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Levan Wayne A $373,150
Previous Owner Ripellino Bryan J $464,000
Previous Owner Garber Theresa Ann $20,000
Previous Owner Garber Theresa Ann $165,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/16/2021 02/16/21 Sold $475,000 -5.0% $354 / Sq Ft
01/15/2021 01/15/21 Pending -- -- --
10/18/2020 10/18/20 For Sale $499,900 -- $373 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $8,573 $559,000 -- $559,000
2023 $8,573 $595,300 $0 $595,300
2022 $7,809 $492,500 $0 $492,500
2021 $5,855 $382,800 $0 $382,800
2020 $5,153 $307,800 $0 $307,800
2019 $5,831 $377,800 $0 $377,800
2018 $5,401 $355,100 $0 $355,100
2017 $5,057 $271,258 $0 $0
2016 $4,850 $345,900 $0 $345,900
2015 $4,584 $337,300 $0 $337,300
2014 $3,385 $197,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4481338

Stellar MLS

APN: 0175-14-4003