NOT LISTED FOR SALE

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

Estimated Value: $1,155,000 - $1,471,154

4 Beds
4 Baths
1,658 Sq Ft
$801/Sq Ft Est. Value

Last Sold January 29, 2024

Last sale price $1,735,000 $1,046 Per Sq Ft

Est. 23% decrease in value since last sale

Current estimated payment $8,452/month

5 Days on Market

Highlights

  • Heated In Ground Pool
  • No HOA
  • Balcony
  • Stone Countertops
  • Covered Patio or Porch
  • High Impact Windows

About This Home

As of January 2024

This immaculate property is perfectly situated on a wonderfully quiet street just a short stroll away from the beach, a wide variety of shopping & dining, and the free Anna Maria Island trolley. You’ll appreciate the flexibility offered by having two beautifully updated 2-bedroom, 2 bath units – each with private outdoor living space. Perfectly suited to live in one unit as a full or part-time home enjoying a steady stream of rental income – or as a premium-quality investment property in one of America’s premier vacation destinations. Carefully designed to provide the perfect blend of comfort, space and privacy, this property is truly turn-key and ready to start creating timeless memories from day one. The entire duplex has been extensively renovated with attention to detail and upscale, modern finishes throughout. Enjoy the durability and peace of mind from having an elevated structure with hurricane/impact rated windows & doors, metal roof and low-maintenance composite decking on the balconies/stairs. Both units feature generous owner’s suites with luxurious ensuite baths, washer/dryer, beautifully appointed kitchens, thoughtfully designed living spaces and exceptional outdoor living spaces. The heated pool is surrounded by mature tropical landscaping, proving a perfect place to spend a delightful afternoon. The property currently generates nearly $150,000/year in vacation rental income with the owner occupying one unit approximately half the year and is being sold turn-key furnished. Anna Maria Island is a special place. Don’t miss your opportunity to own a special property in a very special place.

Last Agent to Sell the Property

Duane Finney

ALLIANCE GROUP LIMITED Brokerage Phone: 941-954-5454 License #3063534 Listed on: 12/07/2023

ALLIANCE GROUP LIMITED

Last Buyer's Agent

Martha Jones

DUNCAN REAL ESTATE, INC. License #3347073

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,351

Year Built

  • Built in 1985

Lot Details

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

Parking

  • 4 Carport Spaces

Home Design

  • Duplex
  • Elevated Home
  • Turnkey
  • Slab Foundation
  • Wood Frame Construction
  • Metal Roof
  • HardiePlank Type
  • Stucco

Interior Spaces

  • 1,658 Sq Ft Home
  • Ceiling Fan
  • French Doors
  • Storage Room
  • Inside Utility
  • Travertine
  • High Impact Windows

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Pool Lighting

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Outdoor Storage
  • Rain Gutters

Utilities

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

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Holmes Beach Community
  • Holmes Gulf To Bay Dev Lts 1&2 Blk D Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Water Meters
  • Gross Income $145,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,351

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: HardiPlank Type, Stucco, Wood Frame
  • Fireplace: No
  • Living Area: 1658
  • Lot Size Acres: 0.12
  • New Construction: No
  • Year Built: 1985
  • Lot Size Sq Ft: 5218
  • Status: Sold
  • Ownership: Fee Simple
  • Escrow City: Holmes Beach
  • Escrow State: FL
  • Escrow Street Name: Gulf Dr
  • Minimum Lease: 1 Week
  • RATIO Current Price By Calculate: 1046.44
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • Property Description: Elevated
  • MFR_DockYN: 0
  • Attribution Contact: 941-954-5454
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Travertine
  • Interior Amenities: Ceiling Fans(s), Stone Counters, Thermostat, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Spa Yn: No
  • Window Features: Impact Glass/Storm Windows, Window Treatments
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Inside Utility,Storage Rooms
  • Living Area Meters: 154.03

Exterior Features

  • Pool Features: Gunite, Heated, In Ground, Lighting
  • Exterior Features: Balcony, Fence, French Doors, Irrigation System, Rain Gutters, Storage
  • Roof: Metal
  • Pool Private: Yes
  • Waterfront: No
  • Patio and Porch Features: Covered, Porch
  • Road Surface Type: Asphalt
  • Disclosures: Seller Property Disclosure
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12081C0139F

Garage/Parking

  • Carport Spaces: 4
  • Carport Y N: Yes
  • Garage Yn: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Phone Available, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Individually Metered: Cable,Electric,Internet,Sewer,Trash,Water

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: R2
  • Parcel Number: 7210900002
  • Additional Parcels: No
  • Lot Dimensions: 58x90
  • Flood Zone Code: AE

Rental Info

  • Furnished: Turnkey
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: City of Holmes Beach requires short-term rentals to be a minimum of 7 days. Contact city of Holmes Beach for further details and licensing requirements

Multi Family

  • Gross Income: 145000
  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Water Meters: 2
  • Total Num Buildings: 1
  • Unit Count: 1
  • Est Annual Market Income: 175000.00

Tax Info

  • Tax Annual Amount: 13350.65
  • Tax Block: D
  • Tax Book Number: 8-56
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2023
Closed on
Jan 23, 2024
Sold by
Finney Duane M and Finney Trust
Bought by
Kierpaul Austin and Kierpaul Daniel
Seller's Agent
Duane Finney
ALLIANCE GROUP LIMITED
Buyer's Agent
Martha Jones
DUNCAN REAL ESTATE, INC.
List Price
$1,795,000
Sold Price
$1,735,000
Premium/Discount to List
-$60,000
-3.34%
Views
22
Current Estimated Value
$1,328,051

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$406,949
Avg. Annual Appreciation
-13.12%
Original Mortgage
$1,301,250
Outstanding Balance
$1,278,479
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$49,572

Purchase Details

Closed on
Jan 29, 2021
Sold by
Sullivan Frederick P
Bought by
Finney Duane M and Finney Rhonda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
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

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
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 Duane M $702,000
Previous Owner Sullivan Frederick P $272,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2024 01/29/24 Sold $1,735,000 -3.3% $1,046 / Sq Ft
12/13/2023 12/13/23 Pending -- -- --
12/07/2023 12/07/23 For Sale $1,795,000 -- $1,083 / 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 $17,671 $1,381,942 $651,525 $730,417
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: A4591791

Stellar MLS

APN: 72109-0000-2