$1,085,000
SOLD FEB 8, 2022

3708 Gulf Dr Unit 6 Holmes Beach, FL 34217

3 Beds
2 Baths
1,446 Sq Ft
$1,500/mo HOA Fee

Recently Sold

$750 Per Sq Ft

4% Below List Price

186 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Heated In Ground Pool
  • Ceramic Tile Flooring
  • Anna Maria Elementary School Rated A-
  • Balcony
  • 5-minute walk to Manatee Beach Park

About This Home

As of July 2022

Island Paradise on Homes Beach is a six unit complex directly on the Gulf of Mexico. The building is a contemporary design and the lush landscaping surrounds the large Gulf side heated swimming pool. A sandy path leads to the gorgeous beach and Gulf waters. This furnished three bedroom condo is an open floor plan and features walls of glass bringing in light and views of the pool, beach and Gulf of Mexico. The open concept kitchen features wood cabinets and granite countertops. This income producing property allows weekly rentals. There is under building parking and owners are allowed a pet. The beachfront complex offers the very best of the beautiful beach plus it is close to restaurants and shopping.

Last Agent to Sell the Property

Reid Murphy

DEVELOPERS REALTY LBK, INC License #0613756 Listed on: 06/16/2021

Last Buyer's Agent

Kimberly Roehl

License #3498035

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,630

Year Built

  • Built in 1991

Lot Details

  • Property fronts gulf or ocean
  • West Facing Home

HOA Fees

  • $1,500 Monthly HOA Fees

Home Design

  • Membrane Roofing
  • Block Exterior
  • Pile Dwellings

Interior Spaces

  • 1,446 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Water Views
  • Dryer

Kitchen

  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Heated In Ground Pool
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 7391400400

Community Details

Overview

  • Association fees include cable TV, community pool
  • Holmes Beach Property Management Association, Phone Number (941) 800-3601
  • Island Paradise Condo Community
  • Island Paradise Subdivision

Pet Policy

  • Pets Allowed
  • Pets up to 60 lbs

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,630

Year Built

Built in 1991

Lot Details

0

HOA Fees

$1,500 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Water View: Yes
  • Construction Materials: Block
  • Living Area: 1446.00
  • Lot Size Acres: 0.40
  • Year Built: 1991
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4504258?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4504258?w=Customer
  • Lot Size Sq Ft: 17604
  • Directions to Property: From Manatee Ave go South on Gulf Drive,Condo is Straight Ahead on the curve of Gulf and 37th
  • Escrow State: FL
  • List Office Head Office Key Nume: 1046763
  • Status: Sold
  • Tax Year: 2021
  • Special Features: None

Interior Features

  • Room Count: 5
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 3
  • Floor Number: 3
  • Levels: One
  • Stories: 1
  • Living Area Meters: 134.34
  • Street Number Modifier: 3708

Exterior Features

  • Direction Faces: West
  • Waterfront Feet Gulf Ocean: 100
  • Water Access: Beach - Private
  • Pool Features: Heated, In Ground
  • Exterior Features: Balcony
  • Roof: Membrane
  • Water View: Gulf/Ocean - Partial
  • Flood Zone Code: Ve
  • Water Access: Yes
  • Pool Private: Yes
  • Waterfront: Yes
  • Road Surface Type: Asphalt

Utilities

  • Utilities: Cable Connected, Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • S W Subdiv Community Name: Island Paradise Condo
  • Community Features: Buyer Approval Required
  • Pet Restrictions: Only owners can have pets.
  • Building Name Number: ISLAND PARADISE
  • Condo Land Included: Yes
  • Max Pet Weight: 60
  • Monthly HOA Fees: 1500.00
  • Pet Size: Medium (36-60 Lbs.)
  • Association Fee: 4500.00
  • Association Fee Frequency: Quarterly
  • Association Fee Requirement: Required
  • Association Name: Holmes beach property management
  • Phone: 941-800-3601 ask
  • Association: Yes
  • Association Email: jeff@pmirescom.com

Fee Information

  • Waterfront Frontage: 100
  • Total Annual Fees: 18000.00
  • Total Monthly Fees: 1500.00

Lot Info

  • Total Acreage: 1/4 to less than 1/2
  • Zoning: R4
  • Parcel Number: 7391400400
  • Lot Size Square Meters: 1635

Rental Info

  • Minimum Lease: 1 Week
  • Additional Lease Restrictions: See Condo Documents
  • Lease Restrictions: Yes
  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 11630.04
  • Tax Book Number: 1329-570
  • Tax Lot: 6

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2022
Closed on
Jul 29, 2022
Sold by
3708 Gulf Dr Llc
Bought by
Brown Catherine E
Seller's Agent
Ryan Hackney
SATO REAL ESTATE INC.
Buyer's Agent
Jason Miller
RE/MAX ACTION FIRST OF FLORIDA
List Price
$1,985,000
Sold Price
$1,800,000
Premium/Discount to List
-$185,000
-9.32%
Current Estimated Value
$1,427,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$372,108
Avg. Annual Appreciation
-3.98%

Purchase Details

Listed on
Jun 16, 2021
Closed on
Feb 4, 2022
Sold by
Barbara Kinosky Revocable Trust
Bought by
3708 Gulf Dr Llc
Seller's Agent
Reid Murphy
DEVELOPERS REALTY LBK, INC
Buyer's Agent
Kimberly Roehl
List Price
$1,125,000
Sold Price
$1,085,000
Premium/Discount to List
-$40,000
-3.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
193.60%
Original Mortgage
$700,000
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2021
Sold by
Kinosky Barbara and Kinosky Barbara
Bought by
Kinosky Barbara and Barbara Kinosky Revocable Trus

Purchase Details

Closed on
May 12, 2004
Sold by
Brodsky Md Norman J and Beachfront Condo Land Trust
Bought by
Riley Kevin and Kinosky Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 9, 1998
Sold by
Diaz Arnaldo R and Diaz Lora L
Bought by
Island Paradise 3 & 6 Assoc Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
7.16%

Purchase Details

Closed on
Apr 29, 1997
Sold by
Resas Hans Juergen
Bought by
Diaz Arnaldo R and Diaz Lora L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
8.13%

Purchase Details

Closed on
Jul 15, 1994
Sold by
Island Paradise Dev Inc
Bought by
Resas Hans Juergen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
8.26%
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,800,000 None Listed On Document
Warranty Deed $1,085,000 Najmy Thompson
Interfamily Deed Transfer -- Accommodation
Warranty Deed $980,000 Bankers Title
Warranty Deed $220,000 --
Warranty Deed $220,000 --
Deed $250,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $700,000 New Conventional
Previous Owner $580,000 Purchase Money Mortgage
Previous Owner $450,000 Credit Line Revolving
Previous Owner $432,000 No Value Available
Previous Owner $198,000 No Value Available
Previous Owner $150,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2022 07/29/22 Sold $1,800,000 -9.3% $1,245 / Sq Ft
07/21/2022 07/21/22 Pending -- -- --
07/01/2022 07/01/22 For Sale $1,985,000 +82.9% $1,373 / Sq Ft
02/08/2022 02/08/22 Sold $1,085,000 -3.6% $750 / Sq Ft
12/19/2021 12/19/21 Pending -- -- --
06/16/2021 06/16/21 For Sale $1,125,000 -- $778 / 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
2025 $19,741 $1,139,000 -- $1,139,000
2024 $19,741 $1,283,500 -- $1,283,500
2023 $20,072 $1,275,000 $0 $1,275,000
2022 $13,000 $850,500 $0 $850,500
2021 $11,630 $735,000 $0 $735,000
2020 $12,112 $730,000 $0 $730,000
2019 $12,029 $720,000 $0 $720,000
2018 $11,309 $685,000 $0 $0
2017 $10,022 $650,000 $0 $0
2016 $8,990 $542,000 $0 $0
2015 $8,251 $522,000 $0 $0
2014 $8,251 $507,501 $0 $0
2013 $7,471 $441,356 $1 $441,355
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4504258

Stellar MLS

APN: 73914-0040-0