NOT LISTED FOR SALE

5400 Gulf Dr Unit 6 Holmes Beach, FL 34217

Estimated Value: $332,000 - $519,000

1 Bed
1 Bath
810 Sq Ft
$1,164/mo HOA Fee

Last Sold May 29, 2024

Last sale price $355,000 $438 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $4,059/month

341 Days on Market

Highlights

  • Beach Front
  • Heated In Ground Pool
  • Clubhouse
  • Water access To Gulf or Ocean
  • Senior Community
  • Property is near public transit

About This Home

As of May 2024

One or more photo(s) has been virtually staged. PRICE REDUCED!! Experience Anna Maria Island at it's best! Are you ready for the slower pace of "Island Life" with tons of vintage Florida charm? 5400 Gulf Drive is a beach front 55+ community with no streets to cross, so you can walk right out to the beach. Perfect second home or live here year round! First floor 1/1 with bonus/sunroom, no stairs to climb and covered assigned parking right by the door for easy access. There are 2 community pools, one is heated and steps away from the unit and the other is directly on the beach with a beach front deck for those incredible sunset views. Private stackable washer/dryer combo in the unit, community center and shuffleboard, multiple closets for extra storage, sunroom for extra space, and beautiful original terrazzo floors. *Dining/Living and *Bedroom photos have been virtually staged to show potential coastal beach decor! Rentals allowed with a 2 month minimum up to 3 times per year, so you can rent out your vacation home while you are not using it also. Centrally located and walking distance to shops and restaurants, or take a bike ride or the free trolley to explore the entire Island. Priced to sell, don't miss out on this great opportunity to own a slice of AMI at an affordable price!

Last Agent to Sell the Property

Robyn Hawk

DUNCAN REAL ESTATE, INC. Brokerage Phone: 941-779-0304 License #3456614 Listed on: 05/26/2023

Last Buyer's Agent

Brent Martin

MARCUS & COMPANY REALTY License #3600009

MARCUS & COMPANY REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,925

Year Built

  • Built in 1964

Lot Details

  • Beach Front
  • Property fronts gulf or ocean
  • North Facing Home
  • Mature Landscaping
  • Irrigation

HOA Fees

  • $1,164 Monthly HOA Fees

Parking

  • 1 Carport Space

Home Design

  • Slab Foundation
  • Tile Roof
  • Block Exterior

Interior Spaces

  • 810 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room
  • Terrazzo Flooring
  • Pool Views
  • Range

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Pool Deck
  • Outdoor Shower

Outdoor Features

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

Location

  • Flood Insurance May Be Required
  • Property is near public transit

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • 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, pest control, recreational facilities, sewer, trash, water
  • Janet Fernandez Association, Phone Number (941) 758-9454
  • Visit Association Website
  • 5400 Condos Community
  • 5400 Gulf Drive Apts Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions, allowable golf cart usage in the community, no truck, recreational vehicles, or motorcycle parking

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Recreation Facilities
  • Shuffleboard Court
  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,925

Year Built

Built in 1964

Lot Details

0

HOA Fees

$1,164 per month

Listing Details

  • HOA Fee Includes: Cable TV, Common Area Taxes, Pool, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Pest Control, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 810
  • New Construction: No
  • Year Built: 1964
  • Building Area Total: 838
  • Directions to Property: Take Manatee Ave (SR 64) over bridge onto Anna Maria Island. Take 2nd light right onto Gulf Dr, go straight thru the light at Marina Dr, just after the corner, take left at first (south) entrance into complex (5400 Gulf Drive), Building 2 is by Gulf Dr at the first (south) entrance. Please park in Unit 6 carport or any of the spaces that say reserved for 5400 Condos. Main entrance to unit 6 faces the pool.
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow City: North Miami
  • Escrow Postal Code: 33181
  • Escrow State: FL
  • Escrow Street Name: Biscayne Blvd., Suite 300
  • Escrow Street Number: 12955
  • Floor Number: 1
  • List Office Head Office Key Nume: 1044534
  • Minimum Lease: 2 Months
  • RATIO Current Price By Calculate: 438.27
  • Unit Number YN: 0
  • Water Access YN: 1
  • Condo Fees Term: Monthly
  • Attribution Contact: 941-779-0304
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Terrazzo
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Walk-In Closet(s)
  • Appliances Included: Dryer, Electric Water Heater, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 1
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 5400
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 75.25
  • Room Count: 4

Exterior Features

  • Direction Faces: North
  • Pool Features: Deck, Heated, In Ground
  • Exterior Features: Courtyard, Irrigation System, Outdoor Shower, Storage
  • Roof: Tile
  • Home Warranty: No
  • Pool Private: No
  • View: Pool
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Water Access: Beach,Gulf/Ocean
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2021-08-10
  • Flood Zone Panel: 12081C0139F

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No

Utilities

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

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Clubhouse, Deed Restrictions, Golf Carts OK, No Truck/RV/Motorcycle Parking, Pool, Sidewalks
  • Association Amenities: Cable TV, Laundry, Maintenance, Pool, Recreation Facilities, Shuffleboard Court
  • Association Fee Frequency: Monthly
  • Association Name: Janet Fernandez
  • Phone: 941.758.9454
  • Association: Yes
  • Senior Community: Yes
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Association Fee Requirement: Required
  • Building Name Number: BUILDING 2, UNIT 6
  • Condo Fees: 1164
  • Condo Land Included YN: 0
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: jfernandez@cscmsi.com
  • Monthly Condo Fee Amount: 1164
  • Association URL: https://www.cscmsi.com/5400-gulf-drive

Fee Information

  • Total Annual Fees: 13968.00
  • Total Monthly Fees: 1164.00

Lot Info

  • Zoning: A1
  • Parcel Number: 7274700009
  • Additional Parcels: No
  • Lot Features: Flood Insurance Required, Landscaped, Near Marina, Near Public Transit, Private, Sidewalk, Paved
  • Flood Zone Code: VE
  • Homestead YN: 0

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: No
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Condo docs and application attached, refer to association manager for additional details and rental restrictions.
  • Month To Month Or Weekly YN: 0

Tax Info

  • Tax Annual Amount: 4925
  • Tax Book Number: 1-1
  • Tax Lot: 5406

Multi Family

  • Waterfront Features: Beach Front, Gulf/Ocean
  • Approval Process: Buyer required to fill out and submit attached application and must give written intent to the condo association before leasing.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2023
Closed on
May 29, 2024
Sold by
Barranger John E and Barranger William F
Bought by
Pavluk Arthur M and Pavluk Rachel Margy
Seller's Agent
Robyn Hawk
DUNCAN REAL ESTATE, INC.
Buyer's Agent
Brent Martin
MARCUS & COMPANY REALTY
List Price
$479,900
Sold Price
$355,000
Premium/Discount to List
-$124,900
-26.03%
Views
347
Current Estimated Value
$434,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,215
Avg. Annual Appreciation
-1.38%
Original Mortgage
$230,750
Outstanding Balance
$228,845
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$120,336

Purchase Details

Closed on
Jul 10, 2005
Sold by
Barranger William F and Barranger Priscilla
Bought by
Barranger William F and Barranger Priscilla
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
Pavluk Arthur M $355,000 None Listed On Document
Barranger William F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pavluk Arthur M $230,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2024 05/29/24 Sold $355,000 -16.5% $438 / Sq Ft
05/02/2024 05/02/24 Pending -- -- --
03/29/2024 03/29/24 Price Changed $424,900 -5.6% $525 / Sq Ft
02/28/2024 02/28/24 Price Changed $449,900 -1.1% $555 / Sq Ft
01/12/2024 01/12/24 Price Changed $454,900 -1.1% $562 / Sq Ft
07/27/2023 07/27/23 Price Changed $459,900 -2.1% $568 / Sq Ft
06/26/2023 06/26/23 Price Changed $469,900 -2.1% $580 / Sq Ft
05/26/2023 05/26/23 For Sale $479,900 -- $592 / 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 $5,959 $412,250 -- $412,250
2023 $5,616 $382,500 $0 $382,500
2022 $4,925 $309,750 $0 $309,750
2021 $4,428 $270,000 $0 $270,000
2020 $4,551 $265,000 $0 $265,000
2019 $4,293 $260,000 $0 $260,000
2018 $2,640 $194,941 $0 $0
2017 $2,357 $184,752 $0 $0
2016 $2,156 $160,093 $0 $0
2015 $1,933 $147,377 $0 $0
2014 $1,933 $143,720 $0 $0
2013 $1,796 $130,242 $1 $130,241
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4571597

Stellar MLS

APN: 72747-0000-9