NOT LISTED FOR SALE

523 56th St Holmes Beach, FL 34217

Estimated Value: $4,270,000 - $5,382,346

4 Beds
4.5 Baths
3,483 Sq Ft
$1,398/Sq Ft Est. Value

Last Sold February 29, 2024

Last sale price $6,375,000 $1,830 Per Sq Ft

Est. 24% decrease in value since last sale

Current estimated payment $31,658/month

114 Days on Market

Highlights

  • 95 Feet of Bay Harbor Waterfront
  • White Water Ocean Views
  • Access to Bay or Harbor
  • Anna Maria Elementary School Rated A-
  • Dock has access to electricity and water
  • Boat Lift

About This Home

As of February 2024

Welcome to your coastal paradise on Anna Maria Island! This stunning direct bay front 4-bedroom, 4.5-bathroom residence at 523 56th Street offers the epitome of island living, with luxurious features and breathtaking views.

As you step inside, you'll be greeted by an open and inviting floor plan, filled with an abundance of natural light. The spacious living area is perfect for both relaxation and entertaining, and it seamlessly flows into a gourmet kitchen equipped with top-of-the-line appliances, perfect for culinary enthusiasts.

This home also boasts a dedicated office space, allowing you to work from the comfort of your island retreat. With 4 generously sized bedrooms, including a master suite that exudes elegance and comfort, there's room for family and guests to enjoy their own private spaces.

One of the standout features of this home is the rooftop deck, where you can savor stunning sunsets, entertain under the stars, or simply unwind with panoramic views. The private elevator adds convenience, making access to all levels effortless.

Step outside to discover your own tropical oasis, complete with a pool and spa, full outdoor kitchen and bar that are surrounded by lush landscaping, creating a serene atmosphere for relaxation and outdoor gatherings.

Private dock with deep water boat, 24,000 lb boat lift & 2 jet-ski lifts.

Located within walking distance to the pristine beaches of Anna Maria Island, this property offers the perfect blend of tranquility and convenience. Whether you're seeking a permanent residence, a vacation getaway, or an investment opportunity, 523 56th Street awaits, promising a lifetime of cherished memories in paradise. This home is offered fully furnished with elegant decor and artwork included.

Don't miss the chance to make this dream home yours—schedule your private showing today!

Last Agent to Sell the Property

Charles & Gabe Buky

COLDWELL BANKER REALTY Brokerage Phone: 941-383-6411 License #3021275 Listed on: 10/02/2023

COLDWELL BANKER REALTY

Last Buyer's Agent

Sean Sabbia

RE/MAX ALLIANCE GROUP License #3370686

RE/MAX ALLIANCE GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,311

Year Built

  • Built in 2023

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 90x135
  • 95 Feet of Bay Harbor Waterfront
  • Northwest Facing Home
  • Vinyl Fence
  • Irrigation
  • Landscaped with Trees
  • Property is zoned R1

Parking

  • 4 Car Attached Garage
  • Split Garage
  • Converted Garage
  • Garage Door Opener
  • Parking Garage Space
  • Golf Cart Parking

Property Views

  • White Water Ocean
  • Pool

Home Design

  • Custom Home
  • Elevated Home
  • Bi-Level Home
  • Slab Foundation
  • Wood Frame Construction
  • Metal Roof
  • Cement Siding
  • Block Exterior
  • Pile Dwellings
  • Stucco

Interior Spaces

  • 3,483 Sq Ft Home
  • Elevator
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Bar Fridge
  • Cathedral Ceiling
  • Shades
  • Shutters
  • Sliding Doors
  • Den
  • Bonus Room
  • Inside Utility

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • High Impact Windows

Pool

  • In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Saltwater Pool
  • Outdoor Shower
  • Pool Lighting

Outdoor Features

  • Access to Bay or Harbor
  • No Fixed Bridges
  • Boat Lift
  • Dock has access to electricity and water
  • Dock made with wood
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting
  • Rain Gutters

Location

  • Flood Zone Lot

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Holmes Beach Community
  • Holmes Beach 12Th Unit Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,311

Year Built

Built in 2023

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom
  • Construction Materials: Block, Cement Siding, Stucco, Wood Frame
  • Fireplace: No
  • Living Area: 3483
  • Lot Size Acres: 0.27
  • New Construction: No
  • Year Built: 2023
  • Building Area Total: 7222
  • Lot Size Sq Ft: 11879
  • Directions to Property: Marina Drive to 56th Street.
  • Status: Sold
  • Co List Office Phone: 941-383-6411
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Builder
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1046393
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 1830.32
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 1
  • Property Description: Elevated
  • MFR_DockDescription: Dock - Wood,Dock w/Electric,Dock w/Water Supply
  • Attribution Contact: 941-383-6411
  • Tax Year: 2022
  • Special Features: 4098

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile, Wood
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Interior Amenities: Built-in Features, Cathedral Ceiling(s), Eat-in Kitchen, Elevator, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Stone Counters, Walk-In Closet(s), Wet Bar
  • Appliances Included: Bar Fridge, Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab, Stilt/On Piling
  • Total Bedrooms: 4
  • Levels: Two
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Window Features: Impact Glass/Storm Windows, Shades, Shutters
  • Street Number Modifier: 523
  • ResoLivingAreaSource: Builder
  • Additional Rooms: Bonus Room,Den/Library/Office,Inside Utility
  • Living Area Meters: 323.58
  • Room Count: 9

Exterior Features

  • Direction Faces: Northwest
  • Pool Features: Gunite, In Ground, Lighting, Salt Water
  • Exterior Features: Balcony, Irrigation System, Lighting, Outdoor Shower, Rain Gutters, Sliding Doors
  • Roof: Metal
  • Pool Private: Yes
  • View: Pool, Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio
  • Road Surface Type: Paved
  • Water Access: Bay/Harbor
  • Water Extras: Bridges - No Fixed Bridges,Lift,Sailboat Water
  • Water Extras YN: 1
  • Water View: Bay/Harbor - Full
  • Water View YN: 1
  • Waterfront Feet Total: 95
  • Water Frontage Feet Bay Harbor: 95

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 4
  • Garage Yn: Yes
  • Parking Features: Converted Garage, Garage Door Opener, Golf Cart Parking, Guest, Split Garage, Under Building

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Water Connected
  • Cooling: Central Air, Zoned
  • Heating: Central, Zoned
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Security: Security System
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

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

Lot Info

  • Zoning: R1
  • Parcel Number: 7218500002
  • Additional Parcels: No
  • Fencing: Vinyl
  • Lot Features: FloodZone, In County
  • Lot Dimensions: 90x135
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 1104

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Check with City of Holmes Beach for current rental and leasing regulations

Tax Info

  • Tax Annual Amount: 17311
  • Tax Block: M
  • Tax Book Number: 7-85
  • Tax Lot: 4

Multi Family

  • Waterfront Features: Bay/Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2023
Closed on
Feb 26, 2024
Sold by
Wilson Richard A and Wilson Stephanie M
Bought by
Vito A Pelagio 2005 Revocable Trust and Pelagio
Seller's Agent
Charles & Gabe Buky
COLDWELL BANKER REALTY
Buyer's Agent
Sean Sabbia
RE/MAX ALLIANCE GROUP
List Price
$7,500,000
Sold Price
$6,375,000
Premium/Discount to List
-$1,125,000
-15%
Views
30
Current Estimated Value
$4,868,337

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,506,663
Avg. Annual Appreciation
-15.03%

Purchase Details

Listed on
Oct 2, 2023
Closed on
Feb 7, 2024
Sold by
Emma S Cayo Trust
Bought by
Wilson Richard A and Wilson Stephanie M
Seller's Agent
Charles & Gabe Buky
COLDWELL BANKER REALTY
Buyer's Agent
Sean Sabbia
RE/MAX ALLIANCE GROUP
List Price
$7,500,000
Sold Price
$6,375,000
Premium/Discount to List
-$1,125,000
-15%
Views
30

Purchase Details

Closed on
Oct 2, 2023
Sold by
Wilson Ami Llc
Bought by
Wilson Richard A and Wilson Stephanie M

Purchase Details

Listed on
Aug 6, 2021
Closed on
Aug 5, 2021
Sold by
Swm Realty Llc
Bought by
Wilson Ami Llc
Seller's Agent
Charles & Gabe Buky
COLDWELL BANKER REALTY
Buyer's Agent
Charles & Gabe Buky
COLDWELL BANKER REALTY
List Price
$5,250,000
Sold Price
$5,000,000
Premium/Discount to List
-$250,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.05%

Purchase Details

Closed on
May 25, 2021
Sold by
Munro Scott W and Munro Scott W
Bought by
Swm Realty Llc

Purchase Details

Listed on
Jun 17, 2019
Closed on
Jun 26, 2020
Sold by
Pechous Thomas and Carden Judith
Bought by
Swm Realty Llc
Seller's Agent
Jason Sato
SATO REAL ESTATE INC.
Buyer's Agent
Judy Kepecz-Hays
COLDWELL BANKER REALTY
List Price
$1,399,000
Sold Price
$1,250,000
Premium/Discount to List
-$149,000
-10.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.87%

Purchase Details

Listed on
Aug 17, 2017
Closed on
Sep 25, 2017
Sold by
Cayo Luis A and Emma S Cayo Trust
Bought by
Pechous Thomas and Carden Judith
Seller's Agent
Jason Sato
SATO REAL ESTATE INC.
Buyer's Agent
Jason Sato
SATO REAL ESTATE INC.
List Price
$1,499,000
Sold Price
$1,300,000
Premium/Discount to List
-$199,000
-13.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.42%

Purchase Details

Closed on
Mar 30, 1994
Sold by
Cayo Emma S
Bought by
Cayo Emma S
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
Vito A Pelagio 2005 Revocable Trust $6,375,000 None Listed On Document
Wilson Richard A $100 None Listed On Document
Wilson Richard A $100 None Listed On Document
Wilson Ami Llc $3,931,400 Attorney
Swm Realty Llc -- Accommodation
Munro Scott W -- Accommodation
Swm Realty Llc $1,250,000 Attorney
Pechous Thomas $1,300,000 Attorney
Cayo Emma S -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/29/2024 02/29/24 Sold $6,375,000 -15.0% $1,830 / Sq Ft
01/25/2024 01/25/24 Pending -- -- --
01/03/2024 01/03/24 For Sale $7,500,000 +17.6% $2,153 / Sq Ft
12/17/2023 12/17/23 Off Market $6,375,000 -- --
11/10/2023 11/10/23 Price Changed $7,500,000 -3.2% $2,153 / Sq Ft
10/02/2023 10/02/23 For Sale $7,750,000 +55.0% $2,225 / Sq Ft
08/06/2021 08/06/21 Sold $5,000,000 -4.8% $1,436 / Sq Ft
08/06/2021 08/06/21 Pending -- -- --
08/06/2021 08/06/21 For Sale $5,250,000 +320.0% $1,507 / Sq Ft
06/26/2020 06/26/20 Sold $1,250,000 -10.7% $468 / Sq Ft
05/30/2020 05/30/20 Pending -- -- --
01/16/2020 01/16/20 For Sale $1,399,000 +11.9% $524 / Sq Ft
12/18/2019 12/18/19 Off Market $1,250,000 -- --
06/17/2019 06/17/19 For Sale $1,399,000 +7.6% $524 / Sq Ft
12/25/2017 12/25/17 Off Market $1,300,000 -- --
09/25/2017 09/25/17 Sold $1,300,000 -13.3% $487 / Sq Ft
08/18/2017 08/18/17 Pending -- -- --
08/17/2017 08/17/17 For Sale $1,499,000 -- $561 / 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 $61,584 $4,075,663 $1,173,000 $2,902,663
2023 $63,298 $4,107,308 $1,173,000 $2,934,308
2022 $17,311 $1,056,990 $1,035,000 $21,990
2021 $15,458 $936,330 $916,000 $20,330
2020 $14,124 $842,240 $828,000 $14,240
2019 $14,095 $842,240 $828,000 $14,240
2018 $14,193 $842,990 $828,000 $14,990
2017 $17,837 $1,095,118 $0 $0
2016 $5,152 $324,525 $0 $0
2015 $5,035 $322,269 $0 $0
2014 $5,035 $319,711 $0 $0
2013 $5,012 $314,986 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4584465

Stellar MLS

APN: 72185-0000-2