NOT LISTED FOR SALE

5400 Gulf Dr Unit 32 Holmes Beach, FL 34217

Estimated Value: $731,000 - $939,000

2 Beds
2 Baths
1,188 Sq Ft
$1,539/mo HOA Fee

Last Sold April 03, 2024

Last sale price $910,000 $766 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $6,487/month

172 Days on Market

Highlights

  • Beach Front
  • Heated In Ground Pool
  • Partial Gulf or Ocean Views
  • Water access To Gulf or Ocean
  • Active Adult
  • Open Floorplan

About This Home

As of April 2024

One or more photo(s) has been virtually staged. Indulge in the epitome of coastal luxury living with this impeccably newly renovated 2-bedroom, 2-bathroom condominium, perched on the top floor for ultimate tranquility and unobstructed views of the Gulf and Pool. Every inch of this haven has been meticulously maintained and thoughtfully updated to create a dreamlike sanctuary.

As you step inside, your eyes are immediately drawn to the breathtaking vistas of the Gulf that greet you from the Great Room, a spacious and inviting space that seamlessly merges with a generous dining area. The luxury vinyl plank flooring not only adds a touch of elegance but also ensures easy maintenance throughout the main living areas.

Whether you're entertaining guests, working from your dedicated home office space, or simply savoring the serenity, this condo effortlessly accommodates your every desire. Imagine the seamless transitions between work commitments and leisurely pleasures, from productive moments to refreshing dips in the pool or direct access to the sandy shores of the Gulf, all topped off with captivating evening sunsets over the Gulf.

The heart of this condo is undoubtedly the fully renovated Chef's Kitchen, which has been expanded and cleverly integrated with the Great Room. Adorned with top-of-the-line stainless steel professional series appliances, sleek quartz countertops, and a chic breakfast bar that opens up to the Great Room, it's a culinary masterpiece that inspires both novice cooks and seasoned chefs alike.

Tucked away on the far side of this retreat, the Primary Bedroom beckons with a full wall of closets and a tastefully updated ensuite bathroom featuring a double bowl vanity with marble countertop. Your guests will be equally delighted with a built in Murphy bed the bright and cheery guest Bedroom, with its ample closet space and access to the fully renovated Guest Bathroom boasting a Euro glass vanity and a shower/tub combination.

Enhancing your convenience is the in-unit laundry room, complete with front-loading washer and dryer, and abundant storage. Additional storage space just outside your rear door is perfect for stowing away beach chairs or a bicycle.

Set within a lushly landscaped and charming 'Old Florida' Gulf-front 55+ community, this condo epitomizes the Florida lifestyle. With only eleven casitas (four condos each), the community offers serenity and privacy, complemented by palm trees, tropical flowers, shuffleboard, and not one but two heated pools. For a front-row seat to nightly Gulf of Mexico sunsets, there's a beachfront sun deck just waiting for you. And when you're ready for some retail therapy or dining adventures, you're mere minutes from the shopping and restaurants of Holmes Beach. This condo isn't just the one; it's the quintessential coastal haven you've been dreaming of, where luxury, convenience, and natural beauty unite in perfect harmony. Welcome home.

Last Agent to Sell the Property

Michele Lersch

BRIGHT REALTY Brokerage Phone: 941-552-6036 License #3068500 Listed on: 09/21/2023

BRIGHT REALTY

Co-Listed By

Derek Lersch

BRIGHT REALTY Brokerage Phone: 941-552-6036 License #3454040

Last Buyer's Agent

MaryAnn Speciale

COASTAL CONNECTION REALTY License #3542526

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,591

Year Built

  • Built in 1969

Lot Details

  • Beach Front
  • Property fronts gulf or ocean
  • Southwest Facing Home

HOA Fees

  • $1,539 Monthly HOA Fees

Home Design

  • Florida Architecture
  • Entry on the 2nd floor
  • Slab Foundation
  • Tile Roof
  • Concrete Roof
  • Concrete Siding
  • Stucco

Interior Spaces

  • 1,188 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Dry Bar
  • Ceiling Fan
  • Inside Utility
  • Partial Bay or Harbor Views

Kitchen

  • Built-In Oven
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet

Flooring

  • Ceramic Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • Covered Parking
  • Ground Level Parking
  • Off-Street Parking
  • 1 Assigned Parking Space

Eco-Friendly Details

  • Reclaimed Water Irrigation System

Pool

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

Outdoor Features

  • Water access To Gulf or Ocean
  • Property is near a marina
  • Outdoor Storage
  • Outdoor Grill

Location

  • Flood Zone Lot
  • Property is near public transit
  • Property is near a golf course

Utilities

  • Central Air
  • Heating Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Active Adult
  • 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, security, sewer, trash, water
  • Janet Fernandez Association, Phone Number (941) 758-9454
  • Visit Association Website
  • 5400 Condos Community
  • 5400 Gulf Drive Apts 2 Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions, no truck, recreational vehicles, or motorcycle parking

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,591

Year Built

Built in 1969

Lot Details

0

HOA Fees

$1,539 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, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Architectural Style: Florida
  • Construction Materials: Concrete, Stucco
  • Fireplace: No
  • Living Area: 1188
  • New Construction: No
  • Year Built: 1969
  • Building Area Total: 1269
  • Status: Sold
  • Co List Office Mls Id: MFR281517902
  • Co List Office Phone: 941-552-6036
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Escrow State: FL
  • Floor Number: 2
  • Minimum Lease: 2 Months
  • RATIO Current Price By Calculate: 765.99
  • Water Access YN: 1
  • Property Description: Corner Unit,End Unit,Walk-Up
  • MFR_NumAssignedParkingSpaces: 1
  • MFR_CommunityAssociationWaterFeatures: Fishing,Water Access,Waterfront
  • Attribution Contact: 941-552-6036
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Luxury Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Dry Bar, Primary Bedroom Main Floor, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Stone Counters, Window Treatments
  • Appliances Included: Built-In Oven, Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: Two
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Inside Utility
  • Living Area Meters: 110.37

Exterior Features

  • Direction Faces: Southwest
  • Pool Features: Child Safety Fence, Gunite, Heated, In Ground
  • Exterior Features: Hurricane Shutters, Outdoor Grill, Sidewalk, Storage
  • Roof: Concrete, Tile
  • Pool Private: No
  • Water Body Name: GULF OF MEXICO
  • Waterfront: Yes
  • Patio and Porch Features: None
  • Road Surface Type: Asphalt
  • Disclosures: Condominium Disclosure Available, Lead Paint, Seller Property Disclosure
  • Water Access: Beach,Gulf/Ocean
  • Water View: Gulf/Ocean - Partial
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12081C0139F

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Assigned, Covered, Ground Level, Off Street

Utilities

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

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Irrigation-Reclaimed Water, No Truck/RV/Motorcycle Parking, Pool, Sidewalks
  • Association Fee: 1539
  • 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
  • Association Fee Requirement: Required
  • Condo Fees: 0
  • Condo Land Included YN: 0
  • Association Email: jfernandez@cscmsi.com
  • Association URL: https://www.cscmsi.com/5400-gulf-drive

Fee Information

  • Total Annual Fees: 18468.00
  • Total Monthly Fees: 1539.00
  • Monthly HOA Amount: 1539.00

Lot Info

  • Zoning: A1
  • Parcel Number: 7278100008
  • Additional Parcels: No
  • Lot Features: CoastalConstruction Control Line, FloodZone, City Limits, In County, Level, Near Golf Course, Near Marina, Near Public Transit, Paved
  • Flood Zone Code: AE

Rental Info

  • 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: 6591
  • Tax Book Number: 1-1
  • Tax Lot: 32

Multi Family

  • Waterfront Features: Beach Front, Gulf/Ocean
  • Approval Process: Condo docs and application attached, refer to association manager for additional details and rental restrictions.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2023
Closed on
Apr 2, 2024
Sold by
Tipping Joni
Bought by
Debra A Reuss Living Trust and Adell
Seller's Agent
Michele Lersch
BRIGHT REALTY
Buyer's Agent
MaryAnn Speciale
COASTAL CONNECTION REALTY
List Price
$975,000
Sold Price
$910,000
Premium/Discount to List
-$65,000
-6.67%
Views
75
Current Estimated Value
$808,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$101,060
Avg. Annual Appreciation
-7.22%

Purchase Details

Listed on
Mar 24, 2022
Closed on
Jun 7, 2022
Sold by
Henriksen Jr Arne A and Henriksen Barbara L
Bought by
Tipping Joni
Seller's Agent
Eileen Gillen
COLDWELL BANKER REALTY
Buyer's Agent
Michele Lersch
BRIGHT REALTY
List Price
$850,000
Sold Price
$850,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.82%

Purchase Details

Closed on
Dec 1, 2015
Sold by
Vandergriend Orville K and Vandergriend Donna
Bought by
Henriksen Arne A and Henriksen Barbara L

Purchase Details

Closed on
Mar 31, 2005
Sold by
Northern Trust Bank Of Florida Na
Bought by
Vandergriend Orville K and Vandergriend Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
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
Debra A Reuss Living Trust $910,000 None Listed On Document
Tipping Joni $850,000 Berlin Patten Ebling Pllc
Henriksen Arne A $425,000 Barnes Walker Title Inc
Vandergriend Orville K $530,000 Longboat Title Services Lc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vandergriend Orville K $424,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/03/2024 04/03/24 Sold $910,000 -4.7% $766 / Sq Ft
03/12/2024 03/12/24 Pending -- -- --
12/11/2023 12/11/23 Price Changed $955,000 -1.0% $804 / Sq Ft
11/13/2023 11/13/23 Price Changed $965,000 -1.0% $812 / Sq Ft
09/21/2023 09/21/23 For Sale $975,000 +14.7% $821 / Sq Ft
06/07/2022 06/07/22 Sold $850,000 0.0% $715 / Sq Ft View Prior Sale
03/29/2022 03/29/22 Pending -- -- --
03/24/2022 03/24/22 For Sale $850,000 -- $715 / 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 $8,573 $121,857 -- --
2024 $8,573 $556,750 -- $556,750
2023 $8,196 $518,500 $0 $518,500
2022 $6,591 $420,000 $0 $420,000
2021 $5,916 $365,000 $0 $365,000
2020 $6,439 $380,000 $0 $380,000
2019 $7,392 $448,000 $0 $448,000
2018 $6,678 $390,000 $0 $0
2017 $6,273 $382,900 $0 $0
2016 $5,837 $348,000 $0 $0
2015 $5,234 $319,000 $0 $0
2014 $5,234 $309,751 $0 $0
2013 $4,880 $284,096 $1 $284,095
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4583454

Stellar MLS

APN: 72781-0000-8