NOT LISTED FOR SALE

5400 Gulf Dr Unit 38 Holmes Beach, FL 34217

Estimated Value: $852,000 - $930,691

2 Beds
2 Baths
1,188 Sq Ft
$687/mo HOA Fee

Last Sold February 28, 2018

Last sale price $600,000 $505 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $6,276/month

72 Days on Market

Highlights

  • 300 Feet of Waterfront
  • Water access To Gulf or Ocean
  • Heated In Ground Pool
  • Beach View
  • Public Beach
  • Active Adult

About This Home

As of February 2018

DIRECT GULF FRONT CONDO WITH 180 DEGREE WATER VIEW! Comfortable 2 bed/2 bath ground floor, corner unit condo with unobstructed views of the Gulf of Mexico! Just steps to the beach, and pool where you can enjoy the sea breeze, beautiful views, and gorgeous sunsets, or enjoy it all from your own living room! Your covered parking space is only a few steps from your other door, no stairs to climb with groceries! This condo has its own utility room (washer/dryer), outside storage closet that is perfect for storing your grill and beach toys, and this unit has hurricane shutters too! Located in a private beach community that consists of 11, four unit buildings. Just a short stroll to Holmes Beach shops and restaurants. Jump on the free Anna Maria Island trolley and check out the rest of the island. In this 55 Plus Community at least one of the owners must be 55 or older... Sorry no pets!

Last Agent to Sell the Property

Kathleen White

ISLAND REAL ESTATE-ANNA MARIA License #3019176 Listed on: 11/11/2017

Last Buyer's Agent

Jeff Petitt

LPT REALTY, LLC License #3240609

LPT REALTY, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,077

Year Built

  • Built in 1969

Lot Details

  • 300 Feet of Waterfront
  • Property fronts gulf or ocean
  • Property fronts a public beach
  • Public Beach
  • End Unit
  • East Facing Home
  • Mature Landscaping
  • Irrigation

HOA Fees

  • $687 Monthly HOA Fees

Parking

  • 1 Carport Space

Property Views

  • Beach
  • Full Gulf or Ocean

Home Design

  • Slab Foundation
  • Tile Roof
  • Block Exterior

Interior Spaces

  • 1,188 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Oven

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Heated In Ground Pool
  • Water access To Gulf or Ocean
  • Exterior Lighting
  • Outdoor Storage

Location

  • Flood Zone Lot
  • Property is near public transit

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

  • Tax Lot NO
  • Assessor Parcel Number 7278700005

Community Details

Overview

  • Active Adult
  • Association fees include cable TV, community pool, fidelity bond, insurance, maintenance structure, ground maintenance, maintenance repairs, manager, pest control, recreational facilities, sewer, trash, water
  • 5400 Condos Community
  • 5400 Gulf Drive Condo Apts 2 Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Hurricane or Storm Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,077

Year Built

Built in 1969

Lot Details

0

HOA Fees

$687 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Fidelity Bond, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1188
  • New Construction: No
  • Year Built: 1969
  • Building Area Total: 1269
  • Status: Sold
  • FCHR URL: Yes
  • Floor Number: 1
  • Homestead Y N: No
  • Home Warranty Y N: No
  • Property Description: End Unit
  • Ratio: Close Price\List Price: 0.9539
  • Price per Sq Ft: 505.05
  • Close to Original List Price Ratio: 0.9539
  • Ratio: Current Price\Building Area Total: 472.81
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2016
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Dryer, Oven, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 2
  • Window Features: Blinds
  • Room Count: 6
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Other Structures: Storage
  • Pool Features: Heated, In Ground
  • Exterior Features: Hurricane Shutters, Irrigation System, Lighting, Storage
  • Roof: Tile
  • Pool Private: No
  • View: Water
  • Water Body Name: Gulf Of Mexico
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Water View: Beach, Gulf/Ocean - Full
  • Water Access: Beach - Public, Gulf/Ocean
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12081C0138E
  • Waterfront Frontage: 300
  • Water Frontage Feet Beach Pub: 150
  • Additional Water Information: DIRECT GULF FRONT CONDO WITH UNOBSTRUCTED VIEWS OF HOLMES BEACH!
  • Water Frontage Feet Gulf Ocean: 150

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: None
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Cable Connected, Public, Street Lights
  • Cooling: Central Air
  • Heating: Heat Pump
  • Laundry Features: Inside
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Pool, Water Access, Waterfront Complex
  • Association Amenities: Maintenance
  • Association Fee: 687
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Senior Community: Yes
  • Condo Land Included Y N: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 8244
  • Monthly HOA Fee: 687
  • Total Monthly Fees: 687

Schools

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

Lot Info

  • Zoning: A1
  • Parcel Number: 7278700005
  • Additional Parcels: No
  • Lot Features: FloodZone, Near Public Transit, Sidewalk
  • Flood Zone Code: VE
  • Flood Zone Date: 2014-03-17
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished
  • Pets Allowed: No
  • Minimum Lease: 2 Months
  • Approval Process: SUBMIT CONDO APPLICATION TO MANAGEMENT.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: 2 month minimum lease. Max 6 times per year.

Tax Info

  • Tax Annual Amount: 7077
  • Tax Book Number: 1-1
  • Tax Lot: NO

Multi Family

  • Waterfront Features: Beach - Public, Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2017
Closed on
Feb 28, 2018
Sold by
Lawson William R and Lawson Sandra G
Bought by
Wengell Alan R and Wengell Diane
Seller's Agent
Kathleen White
ISLAND REAL ESTATE-ANNA MARIA
Buyer's Agent
Jeff Petitt
LPT REALTY, LLC
List Price
$629,000
Sold Price
$600,000
Premium/Discount to List
-$29,000
-4.61%
Current Estimated Value
$889,673

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$289,673
Avg. Annual Appreciation
5.27%
Original Mortgage
$300,000
Outstanding Balance
$172,515
Interest Rate
4.04%
Mortgage Type
New Conventional
Estimated Equity
$717,158

Purchase Details

Closed on
Aug 12, 1999
Sold by
Freedom Village Ltd
Bought by
Lawson William R and Lawson Sandra G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.73%

Purchase Details

Closed on
Jun 23, 1999
Sold by
Novick Theodore M
Bought by
Freedom Village Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.73%
Source: Public Records

Range of Values:

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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
Wengell Alan R $600,000 Barnes Walker Title Inc
Lawson William R $255,000 --
Freedom Village Ltd $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wengell Alan R $300,000
Previous Owner Lawson William R $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2018 02/28/18 Sold $600,000 -4.6% $505 / Sq Ft
01/23/2018 01/23/18 Pending -- -- --
11/11/2017 11/11/17 For Sale $629,000 -- $529 / 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 $11,200 $321,300 -- $321,300
2024 $11,200 $774,192 -- --
2023 $11,130 $751,643 $0 $0
2022 $10,483 $729,750 $0 $729,750
2021 $10,064 $635,000 $0 $635,000
2020 $9,986 $600,000 $0 $600,000
2019 $9,962 $595,000 $0 $595,000
2018 $8,670 $520,000 $0 $0
2017 $7,450 $457,500 $0 $0
2016 $7,077 $425,000 $0 $0
2015 $6,670 $410,000 $0 $0
2014 $6,670 $399,001 $0 $0
2013 $6,186 $364,207 $1 $364,206
Source: Public Records

Agents Affiliated with this Home

  • Kathleen White

    Seller's Agent in 2018

    Kathleen White

    ISLAND REAL ESTATE-ANNA MARIA

    (941) 773-0165

    21 in this area

    57 Total Sales

    Kathleen White
    Section Image
  • Jeff Petitt

    Buyer's Agent in 2018

    Jeff Petitt

    LPT REALTY, LLC

    (941) 773-2528

    5 in this area

    66 Total Sales

    Jeff Petitt
    Section Image
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Map

Source: Stellar MLS

MLS Number: A4201506

Stellar MLS

APN: 72787-0000-5

Florida Manatee County Holmes Beach 34217

5400 Gulf Dr Unit 38, Holmes Beach, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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