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

  • 195 days on market
    • Price drop $300,000↓
Welcome to Summer Paradise! Experience unparalleled luxury in this very large one-of-a-kind island home. Perfectly designed and a proven track record with short-term weekly rentals. Rental history available on request. Nestled on an oversized 12,400 square foot lot, this stunning property is offered fully furnished with an established book of business and future rental bookings in place for 2025. This home was custom built in 2015 with over 4,300 square feet of living space and 6,500 square feet under roof. Featuring 6 bedrooms plus a bunkroom area and 6.5 baths. This home boasts five ensuite bedrooms. Create family meals in your dream kitchen with a retro gas range, Sub-Zero side by side refrigerator, U-Line under-counter fridge, wine cooler, and a large butler's pantry. This property is a very popular short term weekly rental home, located just two homes from the sugar sands of the Gulf of Mexico. Relax and swim in your lagoon style pool complete with a waterfall, waterslide and hot tub. Large outdoor living and entertaining areas, multiple screened-in porches, outdoor shower, a cabana, including a TV and a natural gas fireplace. The home includes a roof-top deck with 360-degree views of the Gulf and the Bay. Every inch has been beautifully laid out and professionally designed for outdoor living. Inside the home find fantastic detail, gorgeous custom woodwork, unique ceiling angles and custom details. The living area includes built-in custom cabinets and a natural gas fireplace. Other featured highlights include a large theater room and an office area. This property offers the ultimate in luxury island living and is perfectly suited for those seeking a profitable vacation rental or a private family retreat. Call today for a showing and discover your island paradise!

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

$64,302.9

HOA

No

Price History

04/30/2024
StellarMLS

StellarMLS #A4602609

Price change
$4,999,000
-5.66%
04/03/2024
StellarMLS

StellarMLS #A4602609

Price change
$5,299,000
-3.64%
03/08/2024
StellarMLS

StellarMLS #A4602609

Listed
$5,499,000

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: 09/19/2024 at 11:45 AM

Listing updated: 09/13/2024 at 4:56 PM

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

MLS: StellarMLS #A4602609

StellarMLS logo

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