NOT LISTED FOR SALE

Gulf Horizon 555 the Esplanade N Unit 701 Venice, FL 34285

Estimated Value: $688,000 - $854,000

2 Beds
2 Baths
1,195 Sq Ft
$550/mo HOA Fee

Last Sold March 29, 2019

Last sale price $499,000 $418 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $5,605/month

113 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Public Beach
  • Full Gulf or Ocean Views
  • Venice Elementary School Rated A
  • In Ground Pool
  • Elevator

About This Home

As of March 2019

Enjoy beachfront living at its finest in this immaculate two bedroom, two bathroom, 7th floor end unit condominium in the rarely available Gulf Horizons complex. From the moment you enter, you are met with sweeping views of the Gulf of Mexico and the pristine sandy beach. This unit has many wonderful features such as updated hurricane impact resistant windows, freshly painted interior, spacious bedrooms, and updated flooring in dining room, living room and bedrooms. Relax on the lanai while watching the magnificent Florida sunsets. This community offers a large community heated pool, paver deck, clubhouse, gas grill and secured elevator access. The only thing missing is you! Close to downtown Venice, Venice Yacht Club, the South Jetty, Venice Theatre, fine dining and shopping.

Last Agent to Sell the Property

Victoria Stultz

ENGEL & VOELKERS VENICE DOWNTOWN License #3612691 Listed on: 09/27/2018

ENGEL & VOELKERS VENICE DOWNTOWN

Last Buyer's Agent

Victoria Stultz

ENGEL & VOELKERS VENICE DOWNTOWN License #3612691 Listed on: 09/27/2018

ENGEL & VOELKERS VENICE DOWNTOWN

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,399

Year Built

  • Built in 1970

Lot Details

  • Public Beach

HOA Fees

  • $550 Monthly HOA Fees

Parking

  • 1 Carport Space

Home Design

  • Slab Foundation
  • Membrane Roofing
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,195 Sq Ft Home
  • Ceiling Fan
  • Window Treatments
  • Combination Dining and Living Room

Kitchen

  • Range with Range Hood
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Hall
  • Laundry Located Outside

Outdoor Features

  • In Ground Pool
  • Water Access
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Water Filtration System
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, maintenance repairs, pest control, recreational facilities, sewer, trash, water
  • Sunstate Association Management Group Association, Phone Number (941) 870-3375
  • Gulf Horizons Community
  • Gulf Horizons Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions
  • 9-Story Property

Amenities

  • Elevator

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,399

Year Built

Built in 1970

Lot Details

0

HOA Fees

$550 per month

Listing Details

  • HOA Fee Includes: Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Pest Control, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1195
  • New Construction: No
  • Year Built: 1970
  • Building Area Total: 1195
  • Directions to Property: West on Venice Avenue to right onto The Esplanade N. 555 is on the left.
  • Status: Sold
  • Street Post Direction: N
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=N6101973&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=N6101973&cview=true&show_results=true&customer_portal=true
  • Floor Number: 7
  • Homestead Y N: Yes
  • Unit Number Y N: No
  • Call Center Phone Number: 941-364-4014
  • Ratio: Close Price\List Price: 0.93288
  • Price per Sq Ft: 417.57
  • Close to Original List Price Ratio: 0.90744
  • Ratio: Current Price\Building Area Total: 417.57
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Laminate
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Split Bedroom, Walk-In Closet(s), Window Treatments
  • Appliances Included: Disposal, Range, Range Hood, Refrigerator, Water Filtration System
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 9
  • Street Number Modifier: 555
  • Room Count: 6
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Pool Features: In Ground
  • Exterior Features: Balcony
  • Roof: Membrane
  • Pool Private: No
  • View: Water
  • Water Body Name: Gulf Of Mexico
  • Waterfront: Yes
  • Water View: Gulf/Ocean - Full
  • Water Access: Beach - Public
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0327F
  • Waterfront Frontage: 100
  • Water Frontage Feet Gulf Ocean: 100
  • Disclosures: HOA/PUD/Condo Disclosure, Lead Paint, Seller Property Disclosure

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Available
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Corridor Access, Laundry Room, Outside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Pool
  • Association Amenities: Elevator(s)
  • Association Fee Frequency: Quarterly
  • Association Name: Sunstate Association Management Group
  • Phone: 941-870-3375
  • Association: Yes
  • Senior Community: No
  • Condo Fees: 1650
  • Condo Fees Term: Quarterly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 550
  • Association Fee Requirement: None
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 6600
  • Total Monthly Fees: 550

Lot Info

  • Parcel Number: 0175142030
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No
  • Minimum Lease: 3 Months
  • Approval Process: approval required
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Approval required

Tax Info

  • Tax Annual Amount: 2399
  • Tax Book Number: 830-720
  • Tax Lot: 701

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2018
Closed on
Mar 26, 2019
Sold by
Caldwell Trust Company
Bought by
Drechny John A and Drechny Debra A
Seller's Agent
Victoria Stultz
ENGEL & VOELKERS VENICE DOWNTOWN
Buyer's Agent
Victoria Stultz
ENGEL & VOELKERS VENICE DOWNTOWN
List Price
$549,900
Sold Price
$499,000
Premium/Discount to List
-$50,900
-9.26%
Total Days on Market
113
Current Estimated Value
$794,836

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$295,836
Avg. Annual Appreciation
7.50%
Original Mortgage
$399,000
Outstanding Balance
$358,842
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$423,201

Purchase Details

Closed on
Apr 1, 2009
Sold by
Suntrust Bank Na
Bought by
Caldwell Trust Company and Opal L Reid Revocable Living Trust

Purchase Details

Closed on
Mar 9, 2006
Sold by
Reid Opal L and Reid Arthur R
Bought by
Suntrust Bank Na and The Opal L Reid Revocable Living Trust

Purchase Details

Closed on
Jul 30, 1996
Sold by
Reid Arthur R and Reid Opal L
Bought by
Reid Arthur R and Reid Opal L
Source: Public Records

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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
Drechny John A $499,000 Attorney
Caldwell Trust Company -- Attorney
Suntrust Bank Na -- Attorney
Reid Arthur R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Drechny John A $399,000
Previous Owner Reid Opal L $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2019 03/29/19 Sold $499,000 -6.7% $418 / Sq Ft
01/18/2019 01/18/19 Pending -- -- --
11/28/2018 11/28/18 Price Changed $534,900 -2.7% $448 / Sq Ft
09/27/2018 09/27/18 For Sale $549,900 -- $460 / 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 $7,315 $536,284 -- --
2023 $7,315 $520,664 $0 $0
2022 $7,379 $505,499 $0 $0
2021 $7,404 $490,776 $0 $0
2020 $7,440 $484,000 $0 $484,000
2019 $6,896 $412,500 $0 $412,500
2018 $2,780 $205,831 $0 $0
2017 $2,399 $181,512 $0 $0
2016 $2,308 $389,500 $0 $389,500
2015 $2,278 $339,300 $0 $339,300
2014 $2,265 $172,554 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: N6101973

Stellar MLS

APN: 0175-14-2030