NOT LISTED FOR SALE

5359 Gulf Dr Holmes Beach, FL 34217

Estimated Value: $854,000 - $1,129,000

3 Beds
2 Baths
1,429 Sq Ft
$696/Sq Ft Est. Value

Last Sold March 11, 2020

Last sale price $522,500 $366 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $6,273/month

81 Days on Market

Highlights

  • Water access To Gulf or Ocean
  • Oak Trees
  • Property is near public transit
  • Public Beach
  • Open Floorplan
  • Family Room with Fireplace

About This Home

As of March 2020

INVESTORS !!! THIS RARE PRIME LOCATION ON GULF DR IS PERFECT FOR RENOVATION WITH MODEST INVESTMENT. MINIMAL RENTAL RESTRICTIONS. POTENTIAL SELLER PARTICIPATION (NOTE/SUBORDINATION)

Last Agent to Sell the Property

Grant Cole

ALLIANCE GROUP LIMITED License #3318902 Listed on: 10/07/2019

ALLIANCE GROUP LIMITED

Last Buyer's Agent

Grant Cole

ALLIANCE GROUP LIMITED License #3318902 Listed on: 10/07/2019

ALLIANCE GROUP LIMITED

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,092

Year Built

  • Built in 1948

Lot Details

  • 8,400 Sq Ft Lot
  • Public Beach
  • West Facing Home
  • Fenced
  • Mature Landscaping
  • Corner Lot
  • Oversized Lot
  • Level Lot
  • Oak Trees
  • Property is zoned R2

Home Design

  • Florida Architecture
  • Bungalow
  • Brick Exterior Construction
  • Slab Foundation
  • Built-Up Roof

Interior Spaces

  • 1,429 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Blinds
  • Family Room with Fireplace
  • Great Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Sun or Florida Room
  • Inside Utility
  • Laundry in unit
  • Carpet
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Circular Driveway
  • Guest Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Water access To Gulf or Ocean
  • Enclosed Patio or Porch
  • Shed

Location

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

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Cobb Sub Community
  • Cobb Sub Subdivision
  • Rental Restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,092

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow, Florida
  • Construction Materials: Brick
  • Fireplace: Yes
  • Living Area: 1429
  • Lot Size Acres: 0.19
  • New Construction: No
  • Year Built: 1948
  • Lot Size Sq Ft: 8400
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4447943?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4447943?w=Customer
  • Floor Number: 1
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.87098
  • Price per Sq Ft: 365.64
  • Close to Original List Price Ratio: 0.87098
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Family Room, Living Room
  • Living Area Units: Square Feet
  • Flooring: Carpet
  • Full Bathrooms: 2
  • Interior Amenities: Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan
  • Appliances Included: Dishwasher
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Window Features: Blinds
  • Room Count: 7
  • Additional Rooms: Family Room, Florida Room, Formal Dining Room Separate, Great Room, Inside Utility
  • ResoLivingAreaSource: Owner

Exterior Features

  • Direction Faces: West
  • Other Structures: Shed(s)
  • Exterior Features: Fenced, Storage
  • Roof: Built-Up
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Enclosed, Front Porch, Screened
  • Water Access: Beach - Public, Gulf/Ocean
  • Water View Y N: No
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12081C0139E
  • Disclosures: Lead Paint, Seller Property Disclosure

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Circular Driveway, Guest, Off Street, Open
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected
  • Cooling: Wall/Window Unit(s)
  • Heating: Electric, Wall Units / Window Unit
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Lot Info

  • Zoning: R2
  • Parcel Number: 7273200001
  • Additional Parcels: No
  • Lot Features: Corner Lot, FloodZone, City Lot, Level, Near Public Transit, Oversized Lot
  • Flood Zone Code: AE
  • Flood Zone Date: 2014-03-17
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Minimum Lease: 1-7 Days
  • Approval Process: contact the city of Holmes beach for rental restrictions
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: contact the city of Holmes beach for rental restrictions

Tax Info

  • Tax Annual Amount: 5092
  • Tax Block: 13
  • Tax Book Number: 1-181
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2019
Closed on
Mar 11, 2020
Sold by
Bracken Vickie L and Bracken Brian Joseph
Bought by
Palomino Investments Llc
Seller's Agent
Grant Cole
ALLIANCE GROUP LIMITED
Buyer's Agent
Grant Cole
ALLIANCE GROUP LIMITED
List Price
$599,900
Sold Price
$522,500
Premium/Discount to List
-$77,400
-12.9%
Current Estimated Value
$994,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$472,094
Avg. Annual Appreciation
11.63%
Original Mortgage
$460,000
Interest Rate
3.5%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Palomino Investments Llc $522,500 Barnes Walker Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Palomino Investments Llc $460,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/11/2020 03/11/20 Sold $522,500 -12.9% $366 / Sq Ft
12/27/2019 12/27/19 Pending -- -- --
10/07/2019 10/07/19 For Sale $599,900 -- $420 / 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 $12,858 $728,783 -- --
2023 $12,339 $1,014,846 $797,300 $217,546
2022 $9,540 $641,532 $469,000 $172,532
2021 $8,168 $497,768 $402,000 $95,768
2020 $5,397 $340,953 $0 $0
2019 $5,198 $333,287 $0 $0
2018 $5,093 $327,073 $0 $0
2017 $4,759 $320,346 $0 $0
2016 $4,747 $313,757 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4447943

Stellar MLS

APN: 72732-0000-1