NOT LISTED FOR SALE

5400 Gulf Dr Unit 24 Holmes Beach, FL 34217

Estimated Value: $430,000 - $548,000

1 Bed
1 Bath
810 Sq Ft
$799/mo HOA Fee

Last Sold October 29, 2021

Last sale price $440,000 $543 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,916/month

89 Days on Market

Highlights

  • Water Access
  • Public Beach
  • 1.95 Acre Lot
  • Anna Maria Elementary School Rated A-
  • Heated In Ground Pool
  • Clubhouse

About This Home

As of October 2021

This must see newly remodeled condo, offered turnkey furnished! The condo property is located on the Gulf of Mexico with it’s own private access to the gorgeous white sandy beach with no streets to cross. This spacious 1 bedroom, 1 bathroom condo has a bonus room/sunroom with a custom built queen Murphy bed and beautiful barn doors that close for privacy. The bedroom is very spacious with a walk-in closet. The newly remodeled spa like bathroom has custom made soft-closing cabinets with lots of storage and a stunning walk in shower with two shower heads. The kitchen has new cabinetry with soft-closing wide drawers, beautiful quartz countertops, coastal wavy backsplash and all new never been used stainless steel appliances. The shiplap accent walls gives it a fresh coastal feel along with the new luxury laminate plank flooring that is waterproof/soundproof. Relax on island time in the heart of Holmes Beach. Walk to the free island trolley, shops, restaurants, hardware and marina. This fantastic 55+ community boasts 2 large pools,(1 is beachside/ 1 heated ), clubhouse, beautifully manicured landscaping and serene atmosphere with no disruption of weekly rentals. This is indeed the best bang for the buck located on this gorgeous beach!

Last Agent to Sell the Property

Jason Sato

SATO REAL ESTATE INC. License #3050590 Listed on: 06/29/2021

Last Buyer's Agent

Jen Bowman

KELLER WILLIAMS ON THE WATER License #3559785

KELLER WILLIAMS ON THE WATER

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,996

Year Built

  • Built in 1964

Lot Details

  • Public Beach
  • South Facing Home
  • Irrigation

HOA Fees

  • $799 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Tile Roof
  • Block Exterior

Interior Spaces

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

Kitchen

  • Convection Oven
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Parking

  • 1 Carport Space
  • Reserved Parking
  • Assigned Parking

Pool

  • Heated In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Water Access
  • Covered Patio or Porch
  • Exterior Lighting
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, escrow reserves fund, insurance, internet, maintenance structure, ground maintenance, pest control, pool maintenance, sewer, trash, water
  • C&S Community Management Association, Phone Number (941) 758-9454
  • Holmes Beach Community
  • 5400 Gulf Drive Apts Subdivision
  • Rental Restrictions

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,996

Year Built

Built in 1964

Lot Details

0

HOA Fees

$799 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Pest Control, Pool Maintenance, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 810
  • Lot Size Acres: 1.95
  • New Construction: No
  • Year Built: 1964
  • Lot Size Sq Ft: 84742
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4505200?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4505200?w=Customer
  • Floor Number: 2
  • Homestead Y N: No
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.94624
  • Price per Sq Ft: 543.21
  • Close to Original List Price Ratio: 0.88176
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Solid Wood Cabinets, Stone Counters, Thermostat, Walk-In Closet(s)
  • Appliances Included: Convection Oven, Dishwasher, Microwave, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 1
  • Levels: One
  • Spa Yn: No
  • Stories: 1
  • Room Count: 4

Exterior Features

  • Direction Faces: South
  • Pool Features: Heated, In Ground
  • Exterior Features: Irrigation System, Lighting, Outdoor Shower, Sidewalk, Storage
  • Roof: Tile
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Front Porch, Rear Porch
  • Road Surface Type: Asphalt
  • Water Access: Beach - Public
  • Water View Y N: No
  • Water Access Y N: Yes
  • Water Extras Y N: No

Garage/Parking

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

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected, Sewer Available, Sewer Connected, 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, Pool, Water Access
  • Association Amenities: Clubhouse, Laundry
  • Association Fee: 799
  • Association Fee Frequency: Monthly
  • Association Name: C&S Community Management
  • Phone: 941-758-9454
  • Association: Yes
  • Senior Community: No
  • Condo Land Included Y N: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 9588
  • Monthly HOA Fee: 799
  • Total Monthly Fees: 799

Lot Info

  • Zoning: A1
  • Parcel Number: 7276900003
  • Additional Parcels: No
  • Flood Zone Code: AE

Rental Info

  • Pets Allowed: No
  • Minimum Lease: 2 Months
  • Approval Process: Must give written notice of intent to lease to the condo assoc for approval. Minimum lease period 60 days, maximum 4 times per year. $75 processing fee. AGE RESTRICTED COMMUNITY 55+, minimum age, 18 years.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Minimum 2 month rentals, occupant must be 55+

Tax Info

  • Tax Annual Amount: 1995.74
  • Tax Book Number: 1-1
  • Tax Lot: 5424

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2021
Closed on
Oct 29, 2021
Sold by
Larson Mark and Mederos Larson Maura
Bought by
Laura Larry and Laura Robin
Seller's Agent
Jason Sato
SATO REAL ESTATE INC.
Buyer's Agent
Jen Bowman
KELLER WILLIAMS ON THE WATER
List Price
$499,000
Sold Price
$440,000
Premium/Discount to List
-$59,000
-11.82%
Current Estimated Value
$484,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,235
Avg. Annual Appreciation
2.42%

Purchase Details

Listed on
Jan 1, 2021
Closed on
Feb 26, 2021
Sold by
Leschen Patricia
Bought by
Larson Mark and Larson Maura
Seller's Agent
Kelly Gitt
KELLER WILLIAMS ON THE WATER
Buyer's Agent
Jason Sato
SATO REAL ESTATE INC.
List Price
$325,000
Sold Price
$320,000
Premium/Discount to List
-$5,000
-1.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
60.85%

Purchase Details

Closed on
Jul 1, 2016
Bought by
Leschen Patricia

Purchase Details

Closed on
Jul 6, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Leschen Daniel and Leschen Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,700
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2010
Sold by
Lockhart Lori A
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jul 29, 2005
Sold by
Deur Marc A and Deur Mary G
Bought by
Lockhart William and Lockhart Lori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 15, 1996
Sold by
Ainslie Merle M and Armstrong Merle M
Bought by
Deur Marc A and Deur Mary Gae
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
Laura Larry $440,000 First International Ttl Inc
Larson Mark $320,000 Attorney
Leschen Patricia $100 --
Leschen Daniel $171,000 Attorney
Federal Home Loan Mortgage Corporation -- Attorney
Lockhart William $339,000 Integrity Title Services Inc
Deur Marc A $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Leschen Daniel $119,700
Previous Owner Lockhart William $269,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/29/2021 10/29/21 Sold $440,000 -5.4% $543 / Sq Ft
09/25/2021 09/25/21 Pending -- -- --
08/25/2021 08/25/21 Price Changed $465,000 -2.1% $574 / Sq Ft
07/21/2021 07/21/21 Price Changed $475,000 -4.8% $586 / Sq Ft
06/28/2021 06/28/21 For Sale $499,000 +55.9% $616 / Sq Ft
02/26/2021 02/26/21 Sold $320,000 -1.5% $395 / Sq Ft View Prior Sale
01/15/2021 01/15/21 Pending -- -- --
01/01/2021 01/01/21 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 $6,845 $408,000 -- $408,000
2024 $6,845 $442,000 -- $442,000
2023 $6,489 $408,000 $0 $408,000
2022 $5,358 $330,750 $0 $330,750
2021 $1,941 $147,859 $0 $0
2020 $1,996 $145,818 $0 $0
2019 $1,914 $142,540 $0 $0
2018 $1,869 $139,882 $0 $0
2017 $1,736 $137,005 $0 $0
2016 $1,732 $134,187 $0 $0
2015 $1,730 $133,254 $0 $0
2014 $1,730 $132,196 $0 $0
2013 $1,718 $130,242 $1 $130,241
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4505200

Stellar MLS

APN: 72769-0000-3