David Ramirez
$939,000$975,5952 bd2 ba1,188 sqft$790 /sqft$5,711 /mo all-in ↓

5400 GULF DRIVE UNIT 32, HOLMES BEACH, FL, 34217

Active135 days on marketListed Mar 12, 2026MLS #N6143360

Priced 23% below the HOLMES BEACH 34217 medianReduced $37KWaterfrontCondominium5400 GULF DRIVE APTS 2

About this home

5400 GULF DRIVE UNIT 32

BEACHFRONT PROPERTY…...…..... OPEN TO SELLER FINANCING........FULLY FURNISHED........... BUILDING NEVER FLOODED………FULLY RENOVATED…….IMPACT WINDOWS…….........BREATHTAKING OCEAN AND BEACH VIEWS……….HOA PAYS EVERYTHING BUT ELECTRIC……………. Rarely does a beachfront opportunity like this come along. In a community where properties seldom hit the market, this residence stands out as one of the most desirable—MERE STEPS FROM THE SAND, overlooking the Gulf, and located in a building that has never flooded. With only 44 residences in the entire community and fewer than a dozen offering water views like this, opportunities here are incredibly limited. From the moment you step into the living room, your eyes are drawn to the sparkling blue water of the Gulf, reminding you that the beach is not just nearby… it’s part of your everyday life. Walk outside and within moments your feet are in the sand, or spend the afternoon relaxing beside the beautiful community pool just steps from your door. The community itself reflects a level of pride that is immediately noticeable, with beautifully maintained tropical landscaping and grounds that create a true island retreat the moment you arrive. Inside, the home has been fully renovated with thoughtful custom design and a bright open-concept layout, creating a space that feels both refined and relaxed. A custom kitchen anchors the living area, complemented by high-end finishes, California Closets custom storage, and impact windows throughout that bring in natural light while offering protection and efficiency. Being sold fully furnished, the next owner can simply arrive with a suitcase and immediately begin living the island dream—sunrise walks along the Gulf, evenings watching the sunset paint the water, and weekends filled with friends, family, and ocean breezes. With the HOA covering nearly everything except electricity, ownership here is refreshingly simple. Combined with the rare availability in this community and the possibility of seller financing, this is more than just a condo—it’s an opportunity to own a piece of Holmes Beach paradise that very few ever get the chance to call their own.

Facts & features

The home at a glance

2

Bedrooms

2

Bathrooms

1,188

Sqft

0 ac

Lot size

1969

Year built

One

Levels

$790

Per sqft

WaterfrontPool & Water view55+ community

Inside

FlooringLuxury Vinyl
AppliancesBuilt-In Oven · Cooktop · Dishwasher · Disposal · Dryer · Microwave · Refrigerator · Washer
InteriorCeiling Fan(s) · Living Room/Dining Room Combo · Window Treatments
LaundryInside · Laundry Room
CoolingCentral Air
HeatingCentral · Electric

Outside & construction

RoofTile
ConstructionBlock
FoundationSlab
ViewPool · Water
FacesSouth
ExteriorBalcony · Hurricane Shutters · Irrigation System · Rain Gutters · Storage

Community & fees

Taxes (2025)$1,588/yr
PetsNo
CommunityGulf/Ocean Front · Water Access · Waterfront · Deed Restrictions · Pool

Utilities & systems

UtilitiesPublic
WaterPublic

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.

$5,711 /mo · 10% down Conventional, 30-yr fixed at 6%

Principal & interest$5,067
PMI (est., until 20% equity)$352
Property tax — 2025 actual bill$132
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $93,900Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type

FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.

Down payment10% · $93,900
Interest rate6.00%
Loan term

Estimated payment

$5,711/mo

Principal & interest$5,067
PMI (est., until 20% equity)$352
Property taxes (actual bill)$132
Est. insurance$160

Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Value check

Is the price right?

The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.

List $939K
$550KedgeAI estimate $652,485 · range $573K$799K$977K

vs edgeAI estimate

+43.9%

$/sqft vs Holmes Beach actives

$790 vs $902

Days on market

135 vs 95 typical

Where $790/sqft sits among the 141 Holmes Beach actives

22
31 · this home
40
20
9
19
$459–640$640–822$822–1003$1003–1184$1184–1366$1366+

The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.

Where it sits

Inside Holmes Beach

Map of 5400 GULF DRIVE UNIT 32

Drive times from this address

Downtown Tampa69 min
Tampa Int’l Airport (TPA)72 min

Estimated driving times, typical traffic. Data © OpenStreetMap contributors.

Get to know Holmes Beach. See the full Holmes Beach guide →

HOLMES BEACH 34217 — neighborhood snapshot

Population

3,774

Median age

69.2

Median income

$90,278

Median home value

$636,300

Avg household

1.8

Households w/ children

130

For the school run

Manatee County School District

ElementaryAnna Maria Elementary School★★★★
MiddleMartha B. King Middle School★★★★★
HighBayshore High School★★★★

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Holmes Beach market

Seller’s marketLeans buyer8.3 months of inventoryBuyer’s market

$875K$850K

Holmes Beach median sold, yr/yr

93.5%

Sale-to-list ratio (12 mo)

75 of 141

Holmes Beach actives have cut their price

Median sold price, Holmes Beach, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 23% below the HOLMES BEACH 34217 median. See the full Holmes Beach market guide →

Paper trail

This home's history

CurrentPrice reduced to $939,000 $37K
Mar 12, 2026Listed at $975,595 · 135 days on market since
1969Built · 5400 GULF DRIVE APTS 2

Reality check

What actually sold near 5400 GULF DRIVE UNIT 32

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

5400 GULF DRIVE UNIT 35Sold · Jan ’26

$900,000

5400 GULF DRIVE UNIT 35 · same community

2 bd · 2 ba · 1,188 sqft · $758/sqft · 1 DOM

725 MANATEE AVENUE UNIT 725Sold · May ’26

$500,000

725 MANATEE AVENUE UNIT 725

2 bd · 2 ba · 1,187 sqft · $421/sqft · 119 DOM

721 MANATEE AVENUESold · Jan ’26

$575,000

721 MANATEE AVENUE

2 bd · 2 ba · 1,179 sqft · $488/sqft · 0 DOM

Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.

Your home team

The pros in your corner

Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

David Ramirez

Your agent

David Ramirez

Real Estate Agent · CENTURY 21 Edge

Tours, negotiation, and every question about 5400 GULF DRIVE UNIT 32 — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 5400 GULF DRIVE UNIT 32 — before you fall in love.

See it in person

Schedule a tour

Pick a day that works — this goes straight to David's phone and CRM.

Goes straight to David’s phone and CRM.

Straight answers

5400 GULF DRIVE UNIT 32 FAQs

What would the monthly payment be for 5400 GULF DRIVE UNIT 32?+

With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $5,711/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.

What are the property taxes on 5400 GULF DRIVE UNIT 32?+

The most recent tax bill on record (2025) was $1,588. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

Are pets allowed at 5400 GULF DRIVE UNIT 32?+

The listing reports pets: No. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.

How does the price compare to other homes in Holmes Beach?+

At $939,000, this home is listed about 32% below the Holmes Beach median of $1,375,000. The market section on this page shows how the area is trending.

Which schools are assigned to 5400 GULF DRIVE UNIT 32?+

Anna Maria Elementary School (elementary), Martha B. King Middle School (middle), Bayshore High School (high) — Manatee County School District. Always verify school assignments with the district before relying on them.

The brief

Four things that matter here

01Under the HOLMES BEACH 34217 market on paper

$939,000 is 23% below the HOLMES BEACH 34217 median of $1,225,000, and at $790/sqft it sits under the Holmes Beach average of $939.

02Waterfront living

This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.

03Strong assigned schools

Anna Maria Elementary School, Martha B. King Middle School, Bayshore High School — Anna Maria Elementary School rates 4 of 5. Always verify assignments with the district.

04The price has already moved

Listed at $975,595, now $939,000 — a $37K cut. The full history is in the market section below.

Listing courtesy of KELLER WILLIAMS ON THE WATER S · Garrett Sedlacek. MLS #N6143360.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.

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