Ocean Park Terrace Condos: Relaxed Living Near the Beaches of Holmes Beach

by Hunt Brothers Realty

Ocean Park Terrace is a small Gulf-front condominium community at 2700 Gulf Drive in Holmes Beach on Anna Maria Island. The 14-unit property combines direct access to the Gulf of Mexico with a heated community pool, elevator, covered parking and a location convenient to Holmes Beach dining, shopping and island transportation. Select upper-floor residences add screened Gulf-view lanais and private rooftop terraces. For buyers comparing Holmes Beach condo communities, Ocean Park Terrace offers an especially appealing combination of beachfront location and a relatively small condominium setting.

Quick Answers About Ocean Park Terrace Condos

Where Is Ocean Park Terrace?

Ocean Park Terrace is at 2700 Gulf Drive in Holmes Beach on Anna Maria Island. Hunt Brothers Realty's Holmes Beach community directory includes Ocean Park Terrace among the area's condominium communities.

Is Ocean Park Terrace Gulf-Front?

Yes. Current property and vacation-rental information describes Ocean Park Terrace as directly Gulf-front, with the condominium property positioned along the sands of the Gulf of Mexico.

How Many Condos Are at Ocean Park Terrace?

Multiple current and historical property sources identify Ocean Park Terrace as a 14-unit condominium community. Its relatively small size distinguishes it from some of the larger condominium developments along Anna Maria Island.

Does Ocean Park Terrace Have a Pool?

Yes. Ocean Park Terrace has a heated community swimming pool and surrounding pool deck, giving owners another water-oriented option in addition to the Gulf beach.

Does Ocean Park Terrace Have an Elevator?

Yes. Current rental information and MLS-derived property records identify elevator service at Ocean Park Terrace. A documented upper-floor unit also describes secured elevator and stairwell access.

Do Ocean Park Terrace Condos Have Gulf Views?

Select residences have direct Gulf views. Documented upper-floor units include screened lanais overlooking the Gulf, and some residences have private rooftop terraces with broader Gulf and island views.

Are Ocean Park Terrace Condos Vacation Rentals?

At least some Ocean Park Terrace residences are currently marketed as vacation rentals. That does not establish identical rental rights for every unit or future owner. Buyers should verify the current condominium documents and applicable Holmes Beach requirements before purchasing with rental use in mind.

Is Ocean Park Terrace Close to Dining and Shopping?

Yes. The property is at the southern end of Holmes Beach, and current rental information describes restaurants, shopping and island trolley stops as nearby. Buyers should personally evaluate the routes and distances that matter to their intended use.

What Makes Ocean Park Terrace Different?

The defining feature of Ocean Park Terrace is straightforward: the community is directly on the Gulf of Mexico. Owners do not need to drive to a public beach or cross Gulf Drive to experience the shoreline.

That beachfront location is paired with a relatively small 14-unit condominium property. Buyers who prefer a smaller building may find that distinction worth comparing with larger Holmes Beach condominium developments.

Ocean Park Terrace also offers features that can make coastal ownership more practical, including a heated pool, elevator, covered parking and storage documented with individual units. Select residences add screened Gulf-view lanais and rooftop terraces.

Where Exactly Is Ocean Park Terrace in Holmes Beach?

Ocean Park Terrace is located at 2700 Gulf Drive, near the southern end of Holmes Beach. MLS-derived property information places the building on the Gulf side of the road, while current rental information identifies it as a direct Gulf-front complex.

The location provides access to both Holmes Beach and destinations farther south on Anna Maria Island. Restaurants and shopping are nearby, and the island trolley provides another transportation option for reaching different parts of the island.

Current rental information identifies both northbound and southbound trolley stops within a short walk of the property. Trolley routes, schedules and stops can change, so buyers should verify current transit information if regular trolley use is important to them.

How Close Is Ocean Park Terrace to the Beach?

Ocean Park Terrace is not simply near the beach, it is a Gulf-front condominium property. Current rental information describes the complex as situated directly along the sands of the Gulf of Mexico.

That distinction matters when comparing Holmes Beach condos. Some island properties require a walk across Gulf Drive or use of a nearby public beach access. Ocean Park Terrace places the Gulf directly alongside the condominium grounds.

For buyers whose priorities include morning walks along the shoreline, swimming in the Gulf or watching sunsets without driving elsewhere on the island, direct beachfront positioning can be a meaningful property characteristic.

What Are Ocean Park Terrace Condos Like?

MLS-derived records identify Ocean Park Terrace as built in 1982. The condominium consists of a single low-rise building with residences arranged across two residential levels above parking and common areas.

Two-bedroom layouts are well documented within the community. Public sources report different living-area figures for individual units, including approximately 1,092 square feet for a documented Unit 203 listing and larger figures in county-record-derived data for other residences. Buyers should therefore verify the recorded and conditioned living area of the specific condo rather than applying one figure to the entire community.

Features documented in individual Ocean Park Terrace residences include:

Two-bedroom floor plans
Two full bathrooms in documented residences
Open living and dining areas
Screened Gulf-view lanais in select units
Private rooftop terraces in select upper-floor residences
In-unit washer and dryer in documented condos
Under-building parking
Ground-level storage associated with select residences
Elevator access
Turnkey furnishings in some individual sales and rentals

Because Ocean Park Terrace has been established for more than four decades, interior condition and renovation history can vary substantially. Buyers should evaluate each residence individually.

Do Ocean Park Terrace Condos Have Private Rooftop Terraces?

Private rooftop space is one of the more distinctive features documented in select Ocean Park Terrace residences. A 2024 MLS-derived listing for Unit 203 describes a private rooftop deck reached by a spiral staircase, with views spanning the Gulf of Mexico and toward the bay side of the island.

Current vacation-rental information for the same residence also identifies an open rooftop terrace with direct Gulf views. This gives certain upper-level condos an outdoor space beyond the screened lanai.

Buyers should not assume every Ocean Park Terrace residence has a private rooftop terrace. The presence, ownership rights, maintenance responsibilities and current condition of rooftop areas should be confirmed for the specific unit.

What Amenities Does Ocean Park Terrace Offer?

Ocean Park Terrace's amenity package centers on its beachfront setting and practical features for condominium ownership.

Direct Gulf-front location
Heated community swimming pool
Poolside sun deck
Elevator access
Under-building or covered parking documented for individual units
Guest parking documented with individual residences
Ground-floor storage associated with select units
Ground-level restroom identified in a documented listing
Private rooftop terraces associated with select residences

Amenities, parking arrangements and common-area rules should be confirmed through the current condominium documents and association before purchasing.

What Is Parking Like at Ocean Park Terrace?

Covered or under-building parking is documented at Ocean Park Terrace. Current rental information for Unit 203 identifies assigned parking for one vehicle plus a guest vehicle, while MLS-derived information also identifies under-building parking.

Parking arrangements may differ by residence or association assignment. Buyers should verify the exact parking rights associated with the unit being considered, including guest parking and any restrictions affecting larger vehicles.

Can Ocean Park Terrace Condos Be Rented?

Current vacation-rental activity confirms that at least some Ocean Park Terrace residences are used as rentals. Unit 203, for example, is currently marketed as a two-bedroom, two-bath vacation rental for up to five guests.

However, the existence of a current rental should not be interpreted as proof that every condo has identical rental rights or that current rules will remain unchanged. A prospective buyer considering rental use should verify:

Current minimum lease duration
Permitted rental frequency
Association approval procedures
Occupancy and guest rules
Current City of Holmes Beach requirements
Applicable state and local licensing requirements
Insurance requirements for the intended use
Mortgage requirements for a second home or investment property

Past or current vacation-rental use does not establish future rental income, occupancy or investment performance. Financing should be reviewed with a qualified mortgage professional, insurance with a qualified insurance professional, individual tax consequences with a tax professional, and legal questions involving rental rights or restrictions with a qualified Florida real estate attorney.

Are Pets Allowed at Ocean Park Terrace?

Current vacation-rental information for Unit 203 states that dogs are not allowed, while historical MLS-derived information for another unit identifies tenant pet restrictions. Those sources do not establish the complete current policy for every owner.

Anyone purchasing with a pet should obtain the current condominium documents and verify owner and tenant pet rules, including any number, type or size restrictions, before making a decision.

How Does Ocean Park Terrace Compare With a Condo Across From the Beach?

Ocean Park Terrace	Typical Condo Across From the Beach
Direct Gulf-front property	Beach reached by crossing a road or using public access
Direct Gulf views available in select residences	Water views depend heavily on building orientation and obstructions
Heated community pool	Pool availability varies by property
Private rooftop terraces in select units	Outdoor areas vary by community and residence
Direct exposure to Gulf coastal conditions	Coastal exposure still exists but varies with location

Neither configuration is automatically the better purchase. Buyers should compare price, view, beach access, insurance, association costs, building condition and intended use rather than focusing on beachfront status alone.

What Should Buyers Investigate Before Purchasing at Ocean Park Terrace?

Direct Gulf-front ownership can be highly appealing, but buyers should investigate the financial and physical condition of both the individual residence and condominium association before making a purchasing decision.

1. Association Budget, Reserves and Assessments

Buyers should obtain the current association budget, reserve information, financial statements, recent meeting minutes and details concerning pending or approved assessments. Online association-fee figures can be outdated and should not substitute for current transaction documents.

2. Building and Unit Condition

Ocean Park Terrace dates to 1982. Individual units may have undergone substantial renovation, but improvements in one condo should not be assumed to exist in another.

Buyers should evaluate windows and doors, HVAC equipment, plumbing, electrical components, appliances, balconies, rooftop areas and previous renovations. Inspection findings should be evaluated with the appropriate qualified inspector, contractor, engineer or other tradesperson.

3. Coastal Exposure

A direct Gulf-front building is exposed to salt air, wind, moisture and storms. Buyers should review maintenance history and determine how the association addresses roofing, exterior surfaces, balconies, windows, structural components and other building systems.

Questions about structural or exterior condition should be evaluated by an appropriately qualified inspector, engineer or contractor rather than inferred from appearance alone.

4. Flood and Insurance

Flood and insurance due diligence is particularly important for Gulf-front property. Buyers should verify current flood information for the specific residence, review the condominium association's master insurance coverage and obtain an individual condominium insurance quote appropriate for the intended use.

Insurance availability, coverage, deductibles and premiums can vary substantially by property. Buyers should obtain property-specific quotes and review coverage with a qualified Florida insurance professional before making a purchasing decision.

5. Florida Condominium Requirements

Florida condominium structural inspection and reserve requirements depend on building characteristics and applicable law. Buyers should obtain the association's current records and determine which requirements apply to Ocean Park Terrace rather than making assumptions based only on the building's age or beachfront location.

Structural findings should be evaluated by an appropriately qualified engineer or inspector. Questions involving condominium law, association obligations, title or governing-document interpretation should be reviewed with a qualified Florida real estate attorney or other appropriate professional.

6. Rooftop Terrace Rights and Maintenance

If a residence includes rooftop space, buyers should verify whether it is a private element, limited common element or another form of association-controlled area. Maintenance responsibilities, waterproofing, access and permitted improvements should be confirmed through the governing documents and appropriate professionals.

7. Rental and Pet Restrictions

Current rental activity does not establish every owner's rights. Buyers should verify current lease restrictions, rental frequency, approval procedures, occupancy rules and pet policies through the association and applicable local requirements.

What Are the Potential Advantages of Ocean Park Terrace?

Direct Gulf frontage: The condominium property is directly along the Gulf beach.
Small community: Multiple sources identify only 14 residences.
Heated pool: Owners have a community swimming option in addition to the Gulf.
Gulf views: Select condos offer direct water views from bedrooms, living spaces and screened lanais.
Rooftop terraces: Select upper-level residences have documented private rooftop space.
Elevator: The building includes elevator service.
Covered parking: Under-building parking is documented with individual units.
Storage: Ground-floor storage is documented for select residences.
Holmes Beach location: Dining, shopping and trolley access are nearby.

What Tradeoffs Should Ocean Park Terrace Buyers Consider?

Potential Advantage	What to Investigate
Direct Gulf-front location	Flood exposure, insurance and coastal maintenance
Small 14-unit condominium	Reserves, association finances and allocation of major expenses
1982 construction	Building condition, structural information and capital projects
Private rooftop space in select units	Ownership rights, waterproofing, condition and maintenance responsibility
Documented vacation-rental use	Current association and municipal rental requirements
Covered parking and storage	Exact assignment, ownership rights and ground-level flood considerations

Is Ocean Park Terrace Right for You?

Ocean Park Terrace may deserve a closer look if direct Gulf access is one of the most important criteria in your Anna Maria Island property search. Instead of simply being near the beach, the community sits directly along the Gulf shoreline.

Its 14-unit scale, heated pool, elevator, covered parking and select rooftop terraces add features beyond the beachfront location. The southern Holmes Beach setting also provides convenient access to dining, shopping and other island destinations.

The individual residence still matters. Gulf views, rooftop space, square footage, renovations, parking and storage can differ from unit to unit, while association finances, insurance and rental rules affect the broader ownership picture.

The Bottom Line on Ocean Park Terrace Condos

Ocean Park Terrace offers a distinctive combination in Holmes Beach: direct Gulf-front living in a relatively small condominium community.

The property at 2700 Gulf Drive has 14 units, a heated community pool, elevator access and documented covered parking and storage. Select residences offer screened Gulf-view lanais and private rooftop terraces that expand the connection to the island's coastal setting.

Buyers considering Ocean Park Terrace should pair the lifestyle appeal with detailed due diligence. The condition of the individual condo, association finances, reserves, insurance, flood considerations, structural information, rental restrictions and ownership costs should all be reviewed before making a purchasing decision.

Looking for an Ocean Park Terrace Condo in Holmes Beach?

Hunt Brothers Realty helps Florida Gulf Coast buyers compare Holmes Beach communities and condominiums, available properties, recent comparable sales and property-specific considerations within the scope of real estate brokerage services. Buyers can also explore Florida Gulf Coast communities or contact Hunt Brothers Realty to discuss an Ocean Park Terrace, Holmes Beach or Anna Maria Island property search.

Informational notice: This article provides general real estate and educational information and is not individualized legal, financial, tax, insurance, lending, inspection, engineering, association or other professional advice. Condominium fees, reserves, assessments, insurance, amenities, rental policies, pet restrictions, parking rights, flood information and association requirements can change. Buyers should obtain and review current property-specific condominium documents, budgets, reserve information, financial statements, inspection and structural information, insurance quotes, title information and applicable regulations before purchasing. Inspection or structural concerns should be evaluated with an appropriately qualified inspector, contractor or engineer, insurance matters with a qualified insurance professional, financing with a mortgage professional, tax matters with a qualified tax professional, and questions involving title, rental rights or condominium-document interpretation with a qualified Florida real estate attorney or appropriate title professional.