NOT LISTED FOR SALE

5400 Gulf Dr Unit 2 Holmes Beach, FL 34217

Estimated Value: $415,079 - $554,000

1 Bed
1 Bath
810 Sq Ft
$582/mo HOA Fee

Last Sold July 31, 2019

Last sale price $304,500 $376 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $3,627/month

17 Days on Market

Highlights

  • Waterfront Community
  • In Ground Pool
  • Clubhouse
  • Water Access
  • Active Adult
  • Property is near public transit

About This Home

As of July 2019

Welcome home! Rare find ground floor unit. Pride of ownership shows! Everything has been done for you in this newly renovated, fully furnished 1 BR 1 bath condo. All appliances stay including washer/dryer located in unit & features updated kitchen with 42" tall cabinets, convenient breakfast bar, canned lighting & open layout. Newer appliances, solid surface counter tops & sink, beautiful terrazzo floors, stunning walk in shower, neutral tile & tall vanity. Sun room with large windows has great natural light & appointed with newer glass french doors. Six panel doors, brushed nickel hardware & ceiling fans throughout. Covered parking close to front door. Relax on island time in the heart of Holmes Beach with direct beach access & conveniently located along the Anna Maria trolley route & short walk to restaurants, shopping & the island library. Fantastic 55+ community boasts two large pools, shuffle board, club house & immaculately maintained grounds.

Last Agent to Sell the Property

Kelly Gitt

KELLER WILLIAMS ON THE WATER License #3359822 Listed on: 06/12/2019

KELLER WILLIAMS ON THE WATER

Last Buyer's Agent

Hannah Hillyard

MICHAEL SAUNDERS & COMPANY License #3387020

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,139

Year Built

  • Built in 1964

Lot Details

  • End Unit
  • East Facing Home
  • Mature Landscaping
  • Irrigation
  • Landscaped with Trees

HOA Fees

  • $582 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Tile Roof
  • Block Exterior

Interior Spaces

  • 810 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Terrazzo Flooring

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Carport Space
  • Guest Parking
  • Reserved Parking
  • Assigned Parking

Outdoor Features

  • In Ground Pool
  • Water Access
  • Patio

Location

  • Property is near public transit

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Active Adult
  • Association fees include community pool, maintenance structure, ground maintenance, pool maintenance, sewer, trash
  • Julie Conway Association, Phone Number (941) 758-9454
  • Visit Association Website
  • Gulf Drive Condos
  • 5400 Condos Community
  • 5400 Gulf Drive Condo Apts Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to building or community restrictions
  • Rental Restrictions

Amenities

  • Clubhouse
  • Community Storage Space

Recreation

  • Waterfront Community
  • Shuffleboard Court
  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,139

Year Built

Built in 1964

Lot Details

0

HOA Fees

$582 per month

Listing Details

  • HOA Fee Includes: Community Pool, Maintenance Structure, Maintenance Grounds, Pool Maintenance, Sewer, Trash
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 810
  • New Construction: No
  • Year Built: 1964
  • Building Area Total: 835
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4438383?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4438383?w=Customer
  • FCHR URL: No
  • Floor Number: 1
  • Homestead Y N: No
  • Unit Number Y N: No
  • Property Description: Corner Unit
  • Ratio: Close Price\List Price: 0.98226
  • Price per Sq Ft: 375.93
  • Close to Original List Price Ratio: 0.93692
  • Ratio: Current Price\Building Area Total: 364.67
  • View: No
  • Ownership: Condominium
  • ResoBuildingAreaSource: Estimated
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Terrazzo
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 1
  • Levels: One
  • Spa Yn: No
  • Stories: 1
  • Room Count: 5
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Pool Features: In Ground
  • Exterior Features: Irrigation System, Sidewalk
  • Roof: Tile
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Patio
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12081C0139E
  • Disclosures: Condominium Disclosure Available, Lead Paint

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Assigned, Covered, Guest, Reserved
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

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

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Pool, Sidewalk, Special Community Restrictions, Water Access, Waterfront
  • Association Amenities: Cable TV, Clubhouse, Shuffleboard Court, Storage
  • Association Fee Frequency: Monthly
  • Association Name: Julie Conway
  • Phone: 941.758.9454
  • Association: No
  • Senior Community: Yes
  • Condo Fees: 582
  • Condo Fees Term: Monthly
  • Association Website: http://www.CSCMSI.com
  • Association Email: jconway@cscmsi.com
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 582
  • Amenities Additional Fees: Special assessment for painting and infrastructure repairs. $2000 in 2020 & $2000 in 2021.
  • Complex Community Name NCCB: GULF DRIVE CONDOS
  • Association Fee Requirement: None
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 6984
  • Total Monthly Fees: 582

Schools

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

Lot Info

  • Zoning: A1
  • Parcel Number: 7274200000
  • Additional Parcels: No
  • Lot Features: Near Public Transit, Sidewalk
  • Property Attached Yn: Yes
  • Flood Zone Code: AE
  • Flood Zone Date: 2014-03-17
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No
  • Minimum Lease: 2 Months
  • Approval Process: Must give written notice of intent to lease to the condo association for approval. Minimum lease period 60 days, Maximum 4 times per year. $75 processing fee. AGE RESTRICTED COMMUNITY 55+, Minimum age, 18 years
  • Num Timesper Year: 4
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Must give written notice of intent to lease to the condo association for approval. Minimum lease period 60 days, Maximum 4 times per year. $75 processing fee. AGE RESTRICTED COMMUNITY 55+, Minimum age, 18 years

Tax Info

  • Tax Annual Amount: 4139
  • Tax Book Number: 1-1
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2019
Closed on
Jul 31, 2019
Sold by
Deaton Jeffrey L and Deaton Beth A
Bought by
Probert William E and Probert Mildred E
Seller's Agent
Kelly Gitt
KELLER WILLIAMS ON THE WATER
Buyer's Agent
Hannah Hillyard
MICHAEL SAUNDERS & COMPANY
List Price
$325,000
Sold Price
$304,500
Premium/Discount to List
-$20,500
-6.31%
Current Estimated Value
$478,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,270
Avg. Annual Appreciation
7.51%
Original Mortgage
$206,250
Outstanding Balance
$181,007
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$297,763

Purchase Details

Closed on
Jun 1, 2017
Bought by
Deaton Jeffrey L

Purchase Details

Closed on
Aug 31, 2005
Sold by
Redden Charles Robert
Bought by
Deaton Jeffrey L and Deaton Beth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
5.64%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Probert William E $304,500 Barnes Walker Title Inc
Deaton Jeffrey L $100 --
Deaton Jeffrey L $290,000 Wood Title Ins Agency Of Fl
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Probert William E $206,250
Previous Owner Deaton Jeffrey L $145,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2019 07/31/19 Sold $304,500 -1.8% $376 / Sq Ft
06/28/2019 06/28/19 Pending -- -- --
06/21/2019 06/21/19 Price Changed $310,000 -4.6% $383 / Sq Ft
06/11/2019 06/11/19 For Sale $325,000 -- $401 / 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 $6,310 $133,875 -- $133,875
2024 $6,310 $412,250 -- $412,250
2023 $5,943 $382,500 $0 $382,500
2022 $4,613 $309,750 $0 $309,750
2021 $4,428 $270,000 $0 $270,000
2020 $4,557 $265,000 $0 $265,000
2019 $4,393 $260,000 $0 $260,000
2018 $4,139 $250,000 $0 $0
2017 $3,731 $245,394 $0 $0
2016 $3,314 $198,894 $0 $0
2015 $2,823 $174,394 $0 $0
2014 $2,823 $168,138 $0 $0
2013 $2,533 $141,830 $1 $141,829
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4438383

Stellar MLS

APN: 72742-0000-0