NOT LISTED FOR SALE

5200 Gulf Dr Unit 503 Holmes Beach, FL 34217

Estimated Value: $823,000 - $983,000

2 Beds
2 Baths
1,169 Sq Ft
$716/mo HOA Fee

Last Sold January 14, 2022

Last sale price $825,000 $706 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $6,492/month

5 Days on Market

Highlights

  • 400 Feet of Waterfront
  • Beach View
  • Public Beach
  • Anna Maria Elementary School Rated A-
  • Water access To Gulf or Ocean
  • Fishing

About This Home

As of January 2022

Beachfront living at it's best! Direct Gulf front corner unit with views north and south along the beach in every room! The windows open to enjoy the warm Gulf breezes. Excellent location within walking distance to shops, bars and restaurants and the free island trolley. This unit includes a private 2 car garage and an exterior storage closet for your beach gear. The HVAC is a year old. Martinique South is a highly desired condominium complex offering a secured entrance, elevator, onsite superintendent, gulf front community room, large heated pool and tennis courts. Watch beautiful sunsets every night, or dolphins playing, without leaving your new home. Hurricane shutters on all windows. Rentals are restricted to 30 day minimums. Call today for your appointment to view in person or virtually!

Last Agent to Sell the Property

Jen Bowman

KELLER WILLIAMS ON THE WATER License #3559785 Listed on: 12/09/2021

KELLER WILLIAMS ON THE WATER

Last Buyer's Agent

Noranne Hutcheson

RE/MAX ALLIANCE GROUP License #197199

RE/MAX ALLIANCE GROUP

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,820

Year Built

  • Built in 1970

Lot Details

  • 400 Feet of Waterfront
  • Property fronts gulf or ocean
  • Property fronts a public beach
  • Public Beach
  • End Unit
  • West Facing Home
  • Condo Land Included

HOA Fees

  • $716 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Secured Garage or Parking
  • Open Parking

Property Views

  • Beach
  • Full Gulf or Ocean

Home Design

  • Elevated Home
  • Slab Foundation
  • Membrane Roofing
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,169 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Sun or Florida Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

Outdoor Features

  • Outdoor Shower
  • Water access To Gulf or Ocean
  • Exterior Lighting
  • Outdoor Storage
  • Outdoor Grill

Location

  • Flood Zone Lot
  • Property is near public transit
  • City Lot

Schools

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

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, common area taxes, community pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, maintenance repairs, manager, pest control, pool maintenance, recreational facilities, sewer, trash, water
  • C&S Community Management Services Association
  • Mid-Rise Condominium
  • Martinique South Condos
  • Martinique Condo Community
  • Martinique South Condo Assoc Or2010/1377 Subdivision
  • On-Site Maintenance
  • The community has rules related to building or community restrictions, deed restrictions, allowable golf cart usage in the community
  • Rental Restrictions
  • 6-Story Property

Amenities

  • Laundry Facilities
  • Elevator
  • Community Storage Space

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Community Pool
  • Fishing

Pet Policy

  • No Pets Allowed

Security

  • Card or Code Access
  • Gated Community
  • Hurricane or Storm Shutters
  • Storm Windows
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,820

Year Built

Built in 1970

Lot Details

0

HOA Fees

$716 per month

Parking

2

Listing Details

  • HOA Fee Includes: Cable TV, Common Area Taxes, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Pool Maintenance, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: No
  • Living Area: 1169
  • Lot Size Acres: 1.71
  • New Construction: No
  • Year Built: 1970
  • Building Area Total: 1169
  • Lot Size Sq Ft: 74824
  • Directions to Property: Manatee Avenue West to Anna Maria Island. Turn right onto Gulf Drive. Follow Gulf Drive north to Martinique South on the left side.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4519743?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4519743?w=Customer
  • Floor Number: 5
  • Homestead Y N: No
  • Total Acreage: 1 to less than 2
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Property Description: Corner Unit, Elevated, End Unit, Mid Rise
  • Ratio: Close Price\List Price: 0.94286
  • Price per Sq Ft: 705.73
  • Close to Original List Price Ratio: 0.94286
  • Ratio: Current Price\Building Area Total: 705.73
  • View: Yes
  • Ownership: Condominium
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 6
  • Window Features: Blinds, Storm Window(s)
  • Street Number Modifier: 5200
  • Room Count: 7
  • Additional Rooms: Florida Room

Exterior Features

  • Direction Faces: West
  • Other Structures: Storage, Tennis Court(s)
  • Exterior Features: Hurricane Shutters, Lighting, Outdoor Grill, Outdoor Shower, Sidewalk, Storage, Tennis Court(s)
  • Roof: Membrane
  • Pool Private: No
  • View: Water
  • Water Body Name: Gulf Of Mexico
  • Waterfront: Yes
  • Road Surface Type: Asphalt
  • Water View: Beach, Gulf/Ocean - Full
  • Water Access: Beach - Public, Gulf/Ocean
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12081C0139F
  • Waterfront Frontage: 400
  • Water Frontage Feet Beach Pub: 200
  • Water Frontage Feet Gulf Ocean: 200
  • Disclosures: Condominium Disclosure Available, Lead Paint

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Connected, Phone Available, Sewer Connected, Street Lights, Water Available, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Fishing, Gated Community, Golf Carts OK, Pool, Special Community Restrictions, Tennis Courts, Water Access
  • Association Amenities: Cable TV, Elevator(s), Gated, Laundry, Lobby Key Required, Maintenance, Pool, Recreation Facilities, Storage, Tennis Court(s)
  • Association Fee Frequency: Quarterly
  • Association Name: C&S Community Management Services
  • Association: Yes
  • Security: Secured Garage/Parking, Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 2148
  • Condo Fees Term: Quarterly
  • Condo Land Included Y N: Yes
  • Monthly Condo Fee Amount: 716
  • Complex Community Name NCCB: MARTINIQUE SOUTH
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 8592
  • Total Monthly Fees: 716

Schools

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

Lot Info

  • Zoning: A1
  • Parcel Number: 7419311753
  • Additional Parcels: No
  • Lot Features: FloodZone, City Lot, Near Public Transit
  • Flood Zone Code: VE
  • Flood Zone Date: 2021-08-10

Rental Info

  • Furnished: Furnished
  • Pets Allowed: No
  • Minimum Lease: 1 Month
  • Approval Process: C&S will provide an application to buyer
  • Num Timesper Year: 3
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: See condo docs

Tax Info

  • Tax Annual Amount: 8820
  • Tax Lot: 503

Multi Family

  • Waterfront Features: Beach - Public, Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2021
Closed on
Jan 14, 2022
Sold by
Gallagher Charlene F
Bought by
Tate Brian and Tate Lucy
Seller's Agent
Jen Bowman
KELLER WILLIAMS ON THE WATER
Buyer's Agent
Noranne Hutcheson
RE/MAX ALLIANCE GROUP
List Price
$875,000
Sold Price
$825,000
Premium/Discount to List
-$50,000
-5.71%
Current Estimated Value
$884,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,194
Avg. Annual Appreciation
0.77%

Purchase Details

Closed on
May 11, 2017
Sold by
Gallagher Chalrlene F
Bought by
Gallagher Family Trust

Purchase Details

Closed on
Mar 17, 2017
Sold by
Russell Wray A
Bought by
Gallagher Donald E and Gallagher Charlene F

Purchase Details

Closed on
Mar 4, 2011
Sold by
Turner John S
Bought by
Turner John S

Purchase Details

Closed on
Feb 22, 2005
Sold by
Bridge Austin Letitia
Bought by
Turner John S and Turner Nina J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$543,750
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 19, 1991
Sold by
Bridge Virginia J and Bridge Ezra V
Bought by
Bridge Virginia J
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
Tate Brian $825,000 Alliance Title Group
Tate Brian -- Alliance Title Group
Gallagher Family Trust -- Attorney
Gallagher Charlene F -- Attorney
Gallagher Donald E $630,000 Alliance Group Title Llc
Turner John S -- Attorney
Turner John S $725,000 --
Bridge Virginia J -- Huron Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Turner John S $543,750
Closed Turner John S $99,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2022 01/14/22 Sold $825,000 -5.7% $706 / Sq Ft
12/14/2021 12/14/21 Pending -- -- --
12/09/2021 12/09/21 For Sale $875,000 -- $749 / 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 $12,793 $254,684 -- $254,684
2024 $12,793 $821,525 -- $821,525
2023 $12,724 $821,100 $0 $821,100
2022 $9,949 $640,000 $0 $640,000
2021 $9,014 $570,000 $0 $570,000
2020 $8,820 $531,000 $0 $531,000
2019 $8,805 $526,000 $0 $526,000
2018 $8,802 $520,000 $0 $0
2017 $8,834 $546,600 $0 $0
2016 $5,406 $362,374 $0 $0
2015 $5,338 $359,855 $0 $0
2014 $5,338 $356,999 $0 $0
2013 $5,320 $351,723 $1 $351,722
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4519743

Stellar MLS

APN: 74193-1175-3