NOT LISTED FOR SALE

501 72nd St Holmes Beach, FL 34217

Estimated Value: $1,110,000 - $1,267,000

3 Beds
2 Baths
1,730 Sq Ft
$667/Sq Ft Est. Value

Last Sold October 18, 2017

Last sale price $780,000 $451 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $6,929/month

45 Days on Market

Highlights

  • 10 Feet of Salt Water Canal Waterfront
  • Community Boat Slip
  • Open Floorplan
  • Anna Maria Elementary School Rated A-
  • Heated In Ground Pool
  • Deck

About This Home

As of October 2017

Just bring your toothbrush, your board shorts and bikinis, and you’re already home! This beautifully remodeled island retreat on a jumbo lot in Holmes Beach has it all: completed in 2017 by Wash Construction; new American Beauty heated pool and spa; new kitchen and baths by LaPensee Plumbing and Progressive Cabinetry; new electric and plumbing, new tile floor throughout; new windows by Grayhawk, new AC by Air & Energy and new roof by Bringman. Really, you don’t need to do a thing. Island inspired furnishings are not included, but may be available for the right offer. And there’s even a place for your boat, via a private walkway behind the home to the end of the canal. The large double garage has room for toys, and there’s a paver drive and front porch. From the glimmering pool and extensive (yet low-maintenance) tropical landscaping, including coconut palms and a springy Zoysia lawn – even the exterior has everything you may want or need to enjoy this spectacular retreat. Located in Holmes Beach’s R1-zoned Bay Palms subdivision, you may rent this property (if you can bear to have anyone else in the place!) for a minimum of 30 days at a time. Ask your agent to make an appointment to see this special home today!

Co-Listed By

Stellar Non-Member Agent

Stellar Non-Member Office

Stellar Non-Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,707

Year Built

  • Built in 1959

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 111x86x125x128
  • 10 Feet of Salt Water Canal Waterfront
  • Property fronts a saltwater canal
  • Street terminates at a dead end
  • Corner Lot
  • Oversized Lot
  • Property is zoned R1

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Florida Architecture
  • Entry on the 1st floor
  • Slab Foundation
  • Metal Roof
  • Block Exterior

Interior Spaces

  • 1,730 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Great Room
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Ceramic Tile Flooring

Kitchen

  • Range
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Heated Spa
  • Gunite Pool

Outdoor Features

  • Access to Saltwater Canal
  • Deck
  • Covered Patio or Porch

Location

  • Flood Zone Lot

Schools

  • Anna Maria Elementary School
  • Martha B. King Middle School
  • Manatee High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 6967100006

Community Details

Overview

  • No Home Owners Association
  • Bay Palms Community
  • Bay Palms Add 8Th Unit Subdivision

Recreation

  • Community Boat Slip

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,707

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Florida
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1730
  • Lot Size Acres: 0.29
  • New Construction: No
  • Year Built: 1959
  • Building Area Total: 2406
  • Lot Size Sq Ft: 12475
  • Directions to Property: North on Gulf Drive to Right on Marina at Wells Fargo. Continue on Marina to a right on 72nd Street. House is on the southeast corner.
  • Status: Sold
  • Co List Office Mls Id: MFR55055
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Floor Number: 1
  • List Office Head Office Key Nume: 1044332
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 450.87
  • Total Acreage: 1/4 Acre to 21779 Sq. Ft.
  • Water Access YN: 1
  • Tax Year: 2016
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Features: Heated
  • Spa Yn: Yes
  • Window Features: Blinds
  • Street Number Modifier: 501
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Great Room
  • Room Count: 7

Exterior Features

  • Pool Features: Gunite, Heated, In Ground
  • Exterior Features: Sliding Doors
  • Roof: Metal
  • Home Warranty: No
  • Pool Private: Yes
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Disclosures: HOA/PUD/Condo Disclosure, Lead Paint, Seller Property Disclosure
  • Water Access: Canal - Saltwater
  • Water Extras YN: 0
  • Water Frontage Feet Canal Salt: 10
  • Water View YN: 0
  • Waterfront Feet Total: 10
  • Flood Zone Date: 2014-03-17T00:00:00.000
  • Flood Zone Panel: 12081C0138E
  • Additional Water Information: Deeded boat slip is located at end of walkway behind the house on canal between 72nd Street and 71st Street. Electric and water are available, common area adjoins canal end.

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Central

Condo/Co-op/Association

  • Association Amenities: Boat Slip
  • Association: No
  • Senior Community: No
  • Association Approval Required YN: 0
  • Association Fee Requirement: None

Schools

  • Elementary School: Anna Maria Elementary
  • High School: Manatee High
  • Middle Or Junior School: Martha B. King Middle

Lot Info

  • Zoning: R1
  • Parcel Number: 6967100006
  • Additional Parcels: No
  • Lot Features: Corner Lot, FloodZone, City Limits, Oversized Lot, Street Dead-End
  • Lot Dimensions: 111x86x125x128
  • Flood Zone Code: AE
  • Homestead YN: 0

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: City of Holmes Beach requires minimum 30 day rental on this property. There may also be occupancy limitations. Please check with city offices to verify.

Tax Info

  • Tax Annual Amount: 3707
  • Tax Book Number: 10-62
  • Tax Lot: 15

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 29, 2024
Sold by
Simon Mark and Simon Denise
Bought by
Simon Trust and Simon
Current Estimated Value
$1,154,070

Purchase Details

Listed on
Jul 20, 2017
Closed on
Oct 18, 2017
Sold by
Kalb Corporate Retreat Llc
Bought by
Simon Mark and Simon Denise
List Price
$897,900
Sold Price
$780,000
Premium/Discount to List
-$117,900
-13.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.84%
Original Mortgage
$624,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 2016
Sold by
Damon Gwendolyn
Bought by
Kalb Corporate Retreat Llc

Purchase Details

Closed on
Jan 31, 2000
Sold by
Carlson Dale W and Norrie Janice C
Bought by
Damon Gwendolyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
8.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 1997
Sold by
Norrie Janice C and Carlson Dale W
Bought by
Norrie Janice C and Carlson Dale W
Source: Public Records

Range of Values:

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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
Simon Trust $100 None Listed On Document
Simon Mark $780,000 Barnes Walker Title Inc
Simon Mark -- Barnes Walker Title Inc
Kalb Corporate Retreat Llc $415,000 Barnes Walker Title Inc
Damon Gwendolyn $195,000 --
Norrie Janice C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Simon Mark $325,000
Previous Owner Simon Mark $585,000
Previous Owner Simon Mark $624,000
Previous Owner Damon Gwendolyn $92,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2018 08/17/18 Off Market $780,000 -- --
10/18/2017 10/18/17 Sold $780,000 -11.4% $451 / Sq Ft
09/04/2017 09/04/17 Pending -- -- --
07/24/2017 07/24/17 Price Changed $879,900 -2.0% $509 / Sq Ft
07/20/2017 07/20/17 For Sale $897,900 -- $519 / 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 $10,004 $681,830 -- --
2024 $10,004 $662,614 -- --
2023 $9,927 $643,315 $0 $0
2022 $9,712 $624,578 $0 $0
2021 $9,430 $606,386 $0 $0
2020 $9,743 $598,014 $346,005 $252,009
2019 $9,653 $598,014 $346,005 $252,009
2018 $9,494 $587,051 $346,005 $241,046
2017 $9,288 $561,220 $0 $0
2016 $3,707 $243,107 $0 $0
2015 $3,609 $241,417 $0 $0
2014 $3,609 $239,501 $0 $0
2013 $3,591 $235,962 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4191903

Stellar MLS

APN: 69671-0000-6