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Sold for $700,000 on 03/31/23
  • $700,000

    5325 Marina Dr #421, Holmes Beach, FL 34217

    2beds
    1,158sqft
    Hotel/Motel, Condominium
    Built in 2017
    -- sqft lot
    $636,400 Zestimate®
    $604/sqft
    $5,030 Estimated rent

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    $5,030/mo

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    $5,030/mo

    Rent Zestimate®

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    $6,706/mo

    Est. payment

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    $6,706/mo

    Est. payment

    What's special

    MOTIVATED SELLER, BRING ALL OFFERS. Welcome to the Hidden Gem of the West Coast of Florida! This investor's dream on Anna Maria Island offers the perfect property to add to your portfolio. Look no further than the best mixed use opportunity on the Island. The Waterline CondoHotel allows their owners to use the unit for up to 120 days per year while generating nightly rentals for the unoccupied nights.. Collect your revenue check on the 15th of every month with limited to no bandwidth exuded. The quarterly HOA covers all utilities (electric, water and sewer). Uniquely designed with two units in one, each bedroom offers their own ensuite while sharing the kitchen and living room areas. This fully furnished condo comes with a stocked kitchen, pull-out couch and washer/dryer. Unlike the other weekly rentals on AMI enjoy daily room cleanings on request from the front desk. The Waterline Villas and Marina is a boater's dream with the ability to dock your vessel and enjoy a weekend getaway. Amenities onsite include a heated resort style pool, fitness center, table tennis, bicycles and a fire pit.

    Zillow last checked: 8 hours ago

    Listing updated: February 26, 2024 at 08:10pm

    Listing Provided by:

    Nick McCormick 813-597-7662,

    SOUTHERN ROOTS REALTY, LLC 727-498-1673

    Bought with:

    Nick McCormick, 3388344

    SOUTHERN ROOTS REALTY, LLC

    Source: Stellar MLS,MLS#: U8184983MLS LogoOriginating MLS: Pinellas Suncoast

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Level: First
    • Dimensions: 20x10
    Bedroom 2
    • Level: First
    • Dimensions: 15x10
    Kitchen
    • Level: First
    • Dimensions: 10x10
    Living room
    • Level: First
    • Dimensions: 20x10
    Heating
    • Central, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Dryer, Range, Refrigerator, Washer
    Features
    • Kitchen/Family Room Combo, Open Floorplan
    • Flooring: Carpet, Engineered Hardwood
    • Doors: French Doors
    • Has fireplace: No
    • Furnished: Yes
    Interior area
    • Total structure area: 1,158
    • Total interior livable area: 1,158 sqft

    Property

    Features
    • Levels: One
    • Stories: 1
    • Pool features: In Ground
    • Has view: Yes
    • View description: Bay/Harbor - Partial, Canal
    • Has water view: Yes
    • Water view: Bay/Harbor - Partial,Canal
    • Waterfront features: Waterfront, Bay/Harbor, Canal - Saltwater, Bay/Harbor Access, Saltwater Canal Access, Seawall
    • Body of water: ANNA MARIA SOUND
    Lot
    • Size: 0.49 Acres
    Details
    • Parcel number: 7205112059
    • Zoning: CONDOHOTEL
    • Special conditions: None

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Hotel/Motel, Condominium
    Materials
    • Block, Vinyl Siding, Wood Frame
    • Foundation: Slab
    • Roof: Metal
    Condition
    • New construction: No
    • Year built: 2017

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Connected, Sewer Connected

    Community & neighborhood

    Community
    • Community features: Community Boat Ramp, Dock, Fishing, Marina, Private Boat Ramp, Water Access, Waterfront, Fitness Center, Golf Carts OK, Pool
    Location
    • Region: Holmes Beach
    • Subdivision: WATERLINE VILLAS & MARINA

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $2,255 monthly
    • Amenities included: Clubhouse, Elevator(s), Fitness Center, Maintenance, Pool
    • Association name: WATERLINE HOTEL & MARINA - THERESA GREENE
    • Association phone: 941-358-3366
    Other fees
    • Pet fee: $0 monthly
    Other financial information
    • Total actual rent: 0

    Other

    Other facts
    • Listing terms: Cash,Conventional
    • Ownership: Condominium
    • Road surface type: Asphalt
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    Estimated market value
    $636,400