NOT LISTED FOR SALE

5705 Carissa St Unit A and B Holmes Beach, FL 34217

Estimated Value: $1,016,000 - $1,528,195

4 Beds
4 Baths
1,658 Sq Ft
$793/Sq Ft Est. Value

Last Sold January 29, 2021

Last sale price $985,000 $594 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $8,795/month

1 Day on Market

Highlights

  • In Ground Pool
  • Open Floorplan
  • Balcony
  • Anna Maria Elementary School Rated A-
  • Stone Countertops
  • Family Room Off Kitchen

About This Home

As of January 2021

EXCEPTIONAL ANNA MARIA ISLAND INVESTMENT OPPORTUNITY. 4 BED / 4 BATH DUPLEX WITH HEATED POOL. 4 MINUTE WALK TO THE beautiful beach. Turnkey furnished. Perfect location in central Holmes Beach. 4 bedrooms & 4 bathrooms total -2/2 BACK UNIT B grossed $67K in 2019 - should exceed $75K in 2021. 2/2 front Unit A is owner occupied - could do $50 to $75K. Completely remodeled. R2 Zoning allows for weekly vacation rental income. Mirror image layout of front and back units will accommodate a door between both units - this would open it up as a 4 bedroom/4bathroom rental to maximize rental potential. Guests love this place and VRBO lists it in the most favorable rating as "Exceptional 5/5" with 149 5 star reviews, see VRBO Property ID #507306.
Walking distance to restaurants, shops, liquor stores and other necessities.
Large kitchen with SS appliances, maple wood cabinets, granite countertops. Washer/dryer in each unit/. Italian travertine throughout - no carpet. Hunter ceiling fans. Mature landscaping, fenced backyard with heated pool, paver driveway and pool deck. Plenty of parking. Locked storage room located downstairs for bikes and beach toys. The 2nd storage room is used for owners personal items and tools. There is a large 3rd storage room which adjoins the pool area and could easily be converted to a rec room, tiki bar or lounge area.

Last Agent to Sell the Property

Martin Annis

GREEN R E OF ANNA MARIA License #3237475 Listed on: 11/13/2020

Last Buyer's Agent

Duane Finney

ALLIANCE GROUP LIMITED License #3063534

ALLIANCE GROUP LIMITED

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,074

Year Built

  • Built in 1985

Lot Details

  • 5,218 Sq Ft Lot
  • Lot Dimensions are 58x90
  • Fenced

Home Design

  • Duplex
  • Turnkey
  • Metal Roof
  • Wood Siding
  • Cement Siding
  • Pile Dwellings

Interior Spaces

  • 1,658 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Family Room Off Kitchen
  • Travertine
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 3 Carport Spaces
  • Oversized Parking
  • Ground Level Parking
  • Tandem Parking
  • Parking Garage Space

Pool

  • In Ground Pool
  • Gunite Pool
  • Outdoor Shower

Outdoor Features

  • Balcony
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 3 / D
  • Assessor Parcel Number 7210900002

Community Details

Overview

  • 3,922 Sq Ft Building
  • Holmes Gulf To Bay Dev Subdivison Community

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,074

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Cement Siding, Wood Siding
  • Living Area: 1658.00
  • Lot Size Acres: 0.12
  • Year Built: 1985
  • Building Area Total: 3922.00
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4481928?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4481928?w=Customer
  • Lot Size Sq Ft: 5218
  • Building Search Sq Meters: 364.37
  • Tax Year: 2019
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Travertine
  • Interior Amenities: Built in Features, Ceiling Fans(s), Eating Space In Kitchen, Kitchen/Family Room Combo, Open Floorplan, Solid Wood Cabinets, Stone Counters
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Washer
  • Foundation Details: Stilt/On Piling
  • Levels: One
  • Living Area Meters: 154.03

Exterior Features

  • Pool Features: Gunite, In Ground
  • Exterior Features: Balcony, Fenced, Outdoor Shower, Rain Gutters
  • Roof: Metal
  • Flood Zone Code: yes
  • Pool Private: Yes
  • Road Surface Type: Asphalt

Garage/Parking

  • Carport Spaces: 3
  • Carport Y N: Yes
  • Parking Features: Covered, Ground Level, Oversized, Tandem, Under Building

Utilities

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

Condo/Co-op/Association

  • S W Subdiv Community Name: Holmes Gulf To Bay Dev Subdivison
  • Security: Smoke Detector(s)

Lot Info

  • Total Acreage: 0 to less than 1/4
  • Zoning: R2
  • Parcel Number: 7210900002
  • Lot Dimensions: 58x90
  • Lot Size Square Meters: 485

Rental Info

  • Minimum Lease: 1-7 Days
  • Furnished: Turnkey
  • Pets Allowed: Yes

Multi Family

  • Total Num Buildings: 1
  • Unit Count: 2
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 7073.83
  • Tax Block: D
  • Tax Book Number: 8-56
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 23, 2024
Sold by
Finney Trust
Bought by
Kierpaul Austin and Kierpaul Daniel
Current Estimated Value
$1,314,398

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,301,250
Outstanding Balance
$1,285,588
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$241,416

Purchase Details

Listed on
Nov 13, 2020
Closed on
Jan 29, 2021
Sold by
Sullivan Frederick P
Bought by
Finney Duane M and Finney Rhonda L
Seller's Agent
Martin Annis
GREEN R E OF ANNA MARIA
Buyer's Agent
Duane Finney
ALLIANCE GROUP LIMITED
List Price
$995,000
Sold Price
$985,000
Premium/Discount to List
-$10,000
-1.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.50%
Original Mortgage
$702,000
Interest Rate
2.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 15, 2013
Sold by
Peters Wanda E
Bought by
Sullivan Frederick P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
3.36%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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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
Kierpaul Austin $1,735,000 Barnes Walker Title
Finney Duane M $985,000 Barnes Walker Title Inc
Sullivan Frederick P $340,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kierpaul Austin $1,301,250
Previous Owner Finney Trust $0
Previous Owner Finney Trust $500,000
Previous Owner Finney Duane M $702,000
Previous Owner Sullivan Frederick P $10,000
Previous Owner Sullivan Frederick P $272,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2021 01/29/21 Sold $985,000 -1.0% $594 / Sq Ft
11/14/2020 11/14/20 Pending -- -- --
11/13/2020 11/13/20 For Sale $995,000 -- $600 / 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 $17,671 $1,186,186 $651,525 $534,661
2023 $17,032 $1,162,030 $608,090 $553,940
2022 $13,351 $819,771 $357,700 $462,071
2021 $7,454 $478,489 $0 $0
2020 $7,300 $444,439 $0 $0
2019 $7,074 $431,663 $0 $0
2018 $6,966 $424,784 $0 $0
2017 $6,299 $405,448 $0 $0
2016 $5,972 $372,476 $0 $0
2015 $5,175 $364,266 $0 $0
2014 $5,175 $322,535 $0 $0
2013 $5,957 $336,351 $163,900 $172,451
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4481928

Stellar MLS

APN: 72109-0000-2