tomo logo

$4,999,000

Beds
6
Baths
6.5
sq ft
4,332

116 50th St, Holmes Beach, FL 34217

116 50th St

HOLMES BEACH, FL 34217

  • 10 days on market
Welcome to Summer Paradise! Discover the epitome of island luxury in this expansive, one-of-a-kind beach home, thoughtfully designed and offering a proven track record as a successful short-term rental. Nestled on an oversized 12,400-square-foot lot, this custom-built property boasts over 4,300 square feet of living space (6,500 square feet under roof) and is fully furnished, complete with an established rental history and bookings secured for 2025. This exquisite home features 6 bedrooms plus a bunkroom area, 6.5 baths, including five ensuite bedrooms for ultimate comfort. The dream kitchen is a chef’s delight, equipped with a gas range, Sub-Zero refrigerator, U-Line under-counter fridge, wine cooler, and a spacious butler's pantry. Designed with both relaxation and entertainment in mind, the outdoor oasis includes a lagoon-style heated pool with a waterfall, waterslide, and hot tub, surrounded by ample living spaces, multiple screened-in porches, and a cabana outfitted with a TV and natural gas fireplace. The crowning jewel is the rooftop deck, offering breathtaking 360-degree views of the Gulf and Bay—perfect for sunsets or stargazing. Just steps from the sugar sands of the Gulf of Mexico, this property is a favorite among vacationers and an ideal investment opportunity. Additional highlights include a large theater room, an office nook, and stunning custom woodwork throughout. Whether you're seeking a profitable vacation rental or your private island retreat, this home offers unmatched luxury and charm. Schedule your showing today and step into your dream beachside lifestyle!

Details

Property type

Single Family Residence

Est. home value

$5,557,463

Lot size

0.28 acres

Price per sq ft

$1,154

Year built

2015

Annual property taxes

$64,923

HOA

No

Price History

12/12/2024
StellarMLS

StellarMLS #A4632115

Listed
$4,999,000
10/01/2024
StellarMLS

StellarMLS #A4602609

Removed
$4,999,000
04/30/2024
StellarMLS

StellarMLS #A4602609

Price change
$4,999,000
-5.66%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Servisfirst Bank

Loan start date

April 2021

Original loan amount

$2,730,000

Est. remaining balance

Not provided

Interest rate

3.05%

Loan type

Future Advance Clause / Open End Mortgage, 5 year

Seller

116 50Th St Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 12/22/2024 at 4:10 AM

Listing updated: 12/13/2024 at 6:51 AM

Listed by: Hannah Hillyard, MICHAEL SAUNDERS & COMPANY Phone #: (941) 896-9981

MLS: StellarMLS #A4632115

StellarMLS logo

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