NOT LISTED FOR SALE

5400 Gulf Dr Unit 21 Holmes Beach, FL 34217

Estimated Value: $488,000 - $606,000

2 Beds
2 Baths
968 Sq Ft
$1,293/mo HOA Fee

Last Sold March 29, 2024

Last sale price $525,000 $542 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,770/month

151 Days on Market

Highlights

  • 305 Feet of Ocean or Gulf Waterfront
  • Heated In Ground Pool
  • Midcentury Modern Architecture
  • Water access To Gulf or Ocean
  • Senior Community
  • Clubhouse

About This Home

As of March 2024

MOTIVATED SELLER - PRICE REDUCED! Imagine waking up every morning to the sound of gentle waves, the smell of the salty sea breeze, and the breathtaking Gulf of Mexico just moments from your door. This pristine 2-bedroom, 2-bathroom sanctuary offers more than just a home; it provides a gateway to a coastal lifestyle. Nestled within a charming 55+ gulf front community that has mid-century architecture and exudes Old Florida charm, this home welcomes you with a bright and airy feel, freshly painted interior, impeccable maintenance, the ease of ground floor living and views of the pool and lush gardens, setting the stage for effortless, comfortable living. The tile floors throughout are easy to maintain and allergy-friendly, creating a clean, streamlined aesthetic. PGT hurricane impact windows and doors provide peace of mind while letting in an abundance of natural light. A 2018 Trane HVAC system (still under warranty) ensures year-round comfort, making every day a pleasure. Recent updates/upgrades include new window treatments (including black-out shades in the bedrooms), new ceiling fans, new washer/dryer, new dishwasher, and new HVAC ductwork to enhance airflow within the unit. Custom closet systems add convenience, and new window/door trim with crown molding elevate the interior. A sun-filled bonus room, versatile in purpose, beckons with its views of spectacular sunsets and can serve as a productive home office or extra sleeping area. The galley kitchen features 42" cabinets, solid surface counters, double bowl sink and garden views. Tucked away from the main living areas, the serene primary bedroom with its ensuite bathroom and the inviting second bedroom with convenient guest bathroom ensure privacy and relaxation. For added convenience, there are abundant closets, exterior storage, and your deeded carport just outside your back door. Located in a Gulf-front community, you'll love the easy access to the Gulf water and beach, as well as the proximity to the charming shops and dining options of Holmes Beach and Anna Maria Island. With only eleven casitas, this Gulf-front oasis delivers the ultimate in serene beachfront living. The beautifully landscaped grounds are tropical and alluring with swaying palm trees, hibiscus, and oleander. Two private pools, shuffleboard, clubhouse, and beachfront sun deck offer various ways to enjoy this idyllic Gulf of Mexico waterfront paradise. Don't miss the chance to live your dream – this home is the perfect destination for a wonderful beach lifestyle. And if that's not enough to love, the HOA has proposed a 2024 Budget that lowers the monthly HOA fee by over $400! The new proposed fee is $1293/month which includes your building hurricane/hazard/flood insurances, CATV, Internet, water and more. Please know that although this is a 55+ community, only one household member needs to be 55+. Purchasers less than 55+ may buy but will be limited to no more than 16 consecutive occupancy days or 90 days total in a Calendar year (until at least one household member is 55 y/o), making the rest of the year available for rental income. Some furniture/furnishings might be available under separate agreement to help get you started.

Last Agent to Sell the Property

Eileen Gillen

COLDWELL BANKER REALTY Brokerage Phone: 941-383-6411 License #3385420 Listed on: 10/14/2023

COLDWELL BANKER REALTY

Last Buyer's Agent

Sabrina Ullmann

RE/MAX ALLIANCE GROUP License #3519249

RE/MAX ALLIANCE GROUP

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,866

Year Built

  • Built in 1964

Lot Details

  • 305 Feet of Ocean or Gulf Waterfront
  • End Unit
  • South Facing Home
  • Mature Landscaping

HOA Fees

  • $1,293 Monthly HOA Fees

Property Views

  • Garden
  • Pool

Home Design

  • Midcentury Modern Architecture
  • Florida Architecture
  • Slab Foundation
  • Tile Roof
  • Concrete Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 968 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Ceiling Fan
  • ENERGY STAR Qualified Windows with Low Emissivity
  • Insulated Windows
  • Combination Dining and Living Room
  • Bonus Room
  • Inside Utility
  • Tile Flooring

Kitchen

  • Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

Parking

  • 1 Carport Space
  • Common or Shared Parking
  • Ground Level Parking
  • Open Parking
  • Off-Street Parking
  • Deeded Parking
  • Assigned Parking

Accessible Home Design

  • Accessible Bedroom
  • Accessible Common Area
  • Accessible Hallway

Eco-Friendly Details

  • Reclaimed Water Irrigation System

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Outdoor Shower
  • Child Gate Fence

Outdoor Features

  • Water access To Gulf or Ocean
  • Deeded access to the beach
  • Property is near a marina
  • Covered Patio or Porch
  • Exterior Lighting
  • Outdoor Grill

Location

  • Property is near public transit
  • Property is near a golf course

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Senior Community
  • Association fees include cable TV, common area taxes, pool, escrow reserves fund, insurance, internet, maintenance structure, ground maintenance, maintenance, management, pest control, private road, recreational facilities, sewer, trash, water
  • Janet Fernandez Association, Phone Number (941) 758-9454
  • Visit Association Website
  • 5400 Gulf Drive Apts Condos
  • 5400 Condos Community
  • 5400 Gulf Drive Apts Subdivision
  • On-Site Maintenance
  • Association Owns Recreation Facilities
  • The community has rules related to building or community restrictions, deed restrictions

Amenities

  • Clubhouse
  • Community Mailbox

Recreation

  • Shuffleboard Court
  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Card or Code Access
  • High Impact Windows
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,866

Year Built

Built in 1964

Lot Details

0

HOA Fees

$1,293 per month

Listing Details

  • HOA Fee Includes: Cable TV, Common Area Taxes, Pool, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Maintenance, Management, Pest Control, Private Road, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Florida, Mid-Century Modern
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 968
  • New Construction: No
  • Year Built: 1964
  • Accessibility Features: Accessible Bedroom, Accessible Common Area, Accessible Hallway(s)
  • Building Area Total: 996
  • Directions to Property: From the Anna Maria Island Bridge/Manatee Ave, take Gulf Drive heading north to the 5000 block. Make a left into the first driveway for 5400 Gulf Condos (across from 54th St). Park in the first Guest parking spots on the right. Walk north between the casitas towards the pool. Building 6 is on the far side of the pool. Go through the aqua arched entrance and Unit #21 is ground level on the left.
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 1
  • List Office Head Office Key Nume: 1046393
  • Minimum Lease: 2 Months
  • RATIO Current Price By Calculate: 542.36
  • Unit Number YN: 0
  • Water Access YN: 1
  • Property Description: Corner Unit
  • Attribution Contact: 941-383-6411
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: No
  • Stories: 2
  • Window Features: ENERGY STAR Qualified Windows, Impact Glass/Storm Windows, Insulated Windows, Low Emissivity Windows, Window Treatments
  • Street Number Modifier: 5400
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Bonus Room,Inside Utility
  • Living Area Meters: 89.93
  • Room Count: 5

Exterior Features

  • Direction Faces: South
  • Pool Features: Child Safety Fence, Gunite, Heated, In Ground
  • Exterior Features: Lighting, Outdoor Grill, Outdoor Shower, Sidewalk
  • Roof: Concrete, Tile
  • Pool Private: No
  • View: Garden, Pool
  • Water Body Name: GULF OF MEXICO
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Front Porch, Rear Porch
  • Road Surface Type: Asphalt
  • Disclosures: Condominium Disclosure Available, Lead Paint, Other Disclosures, Seller Property Disclosure
  • Water Access: Beach - Access Deeded,Gulf/Ocean
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 305
  • Water Frontage Feet Gulf Ocean: 305

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Assigned, Common, Covered, Deeded, Ground Level, Guest, Off Street, Open

Utilities

  • Utilities: Cable Connected, Electricity Connected, Phone Available
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Clubhouse, Community Mailbox, Deed Restrictions, Irrigation-Reclaimed Water, Pool, Sidewalks, Special Community Restrictions
  • Association Amenities: Cable TV, Clubhouse, Lobby Key Required, Maintenance, Pool, Shuffleboard Court
  • Association Fee: 1293
  • Association Fee Frequency: Monthly
  • Association Name: Janet Fernandez
  • Phone: 941-758-9454
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: Yes
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Complex Community Name Nccb: 5400 GULF DRIVE APTS
  • Association Fee Requirement: Required
  • Building Name Number: 6
  • Condo Fees: 0
  • Condo Land Included YN: 0
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: jfernandez@cscmsi.com
  • Association URL: www.cscmsi.com

Fee Information

  • Total Annual Fees: 15516.00
  • Total Monthly Fees: 1293.00
  • Monthly HOA Amount: 1293.00

Lot Info

  • Zoning: A1
  • Parcel Number: 7276600009
  • Additional Parcels: No
  • Lot Features: City Limits, In County, Landscaped, Level, Near Golf Course, Near Marina, Near Public Transit, Sidewalk, Paved
  • Property Attached Yn: Yes
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 0

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Negotiable
  • Pets Allowed: No
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: This is a 55+ community: "No unit may be occupied by any person under eighteen (18) years of age without the Owner present. Persons over 18 but not 55 can occupy a unit but not for more than 16 consecutive days or 90 days total in a Calendar year."

Tax Info

  • Tax Annual Amount: 5866.31
  • Tax Book Number: 1-1
  • Tax Lot: 21

Multi Family

  • Waterfront Features: Gulf/Ocean
  • Approval Process: Submit application with fee to association and complete background check.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2023
Closed on
Mar 29, 2024
Sold by
Forbes Matthew and Forbes Melissa
Bought by
Whipple William W and Whipple Anne Kelly
Seller's Agent
Eileen Gillen
COLDWELL BANKER REALTY
Buyer's Agent
Sabrina Ullmann
RE/MAX ALLIANCE GROUP
List Price
$710,000
Sold Price
$525,000
Premium/Discount to List
-$185,000
-26.06%
Views
249
Current Estimated Value
$529,683

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,683
Avg. Annual Appreciation
0.19%

Purchase Details

Listed on
Feb 17, 2020
Closed on
Sep 16, 2020
Sold by
Upton Nancy B
Bought by
Forbes Matthew and Forbes Melissa
Seller's Agent
Kelly Gitt
KELLER WILLIAMS ON THE WATER
Buyer's Agent
Eileen Gillen
COLDWELL BANKER REALTY
List Price
$415,000
Sold Price
$380,000
Premium/Discount to List
-$35,000
-8.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.59%

Purchase Details

Listed on
Apr 18, 2017
Closed on
Jun 1, 2017
Sold by
Barkley Donova and Barkley Willa G
Bought by
Upton Nancy B
Seller's Agent
Jason Hrnak
SALTY MERMAID REAL ESTATE LLC
Buyer's Agent
Joanna Petriccione-Teitelbaum
KELLER WILLIAMS ON THE WATER S
List Price
$389,000
Sold Price
$383,500
Premium/Discount to List
-$5,500
-1.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.28%

Purchase Details

Closed on
Mar 20, 2012
Sold by
Barkley Donovan
Bought by
Barkley Donovan and Barkley Willa G
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Whipple William W $525,000 Barnes Walker Title
Forbes Matthew $380,000 Clear Title Group
Upton Nancy B $383,500 Barnes Walker Title Inc
Barkley Donovan -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2024 03/29/24 Sold $525,000 -11.8% $542 / Sq Ft
03/14/2024 03/14/24 Pending -- -- --
02/22/2024 02/22/24 Price Changed $595,000 -4.8% $615 / Sq Ft
01/17/2024 01/17/24 Price Changed $625,000 -3.8% $646 / Sq Ft
11/29/2023 11/29/23 Price Changed $650,000 -5.8% $671 / Sq Ft
10/30/2023 10/30/23 Price Changed $690,000 -2.8% $713 / Sq Ft
10/14/2023 10/14/23 For Sale $710,000 +86.8% $733 / Sq Ft
09/18/2020 09/18/20 Sold $380,000 0.0% $393 / Sq Ft
08/20/2020 08/20/20 Pending -- -- --
08/01/2020 08/01/20 Price Changed $380,000 -2.3% $393 / Sq Ft
05/20/2020 05/20/20 Price Changed $389,000 -1.5% $402 / Sq Ft
03/03/2020 03/03/20 Price Changed $395,000 -1.2% $408 / Sq Ft
02/21/2020 02/21/20 Price Changed $399,900 -3.6% $413 / Sq Ft
02/17/2020 02/17/20 For Sale $415,000 +8.2% $429 / Sq Ft
08/17/2018 08/17/18 Off Market $383,500 -- --
06/01/2017 06/01/17 Sold $383,500 -1.4% $396 / Sq Ft
04/20/2017 04/20/17 Pending -- -- --
04/18/2017 04/18/17 For Sale $389,000 -- $402 / 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 $7,087 $493,000 -- $493,000
2023 $6,688 $459,000 $0 $459,000
2022 $5,866 $372,750 $0 $372,750
2021 $5,273 $325,000 $0 $325,000
2020 $4,023 $271,100 $0 $0
2019 $3,918 $265,005 $0 $0
2018 $3,861 $260,064 $0 $0
2017 $4,348 $285,000 $0 $0
2016 $3,846 $229,000 $0 $0
2015 $3,317 $206,600 $0 $0
2014 $3,317 $200,656 $0 $0
2013 $2,965 $168,346 $1 $168,345
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4585765

Stellar MLS

APN: 72766-0000-9