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Vol 5 No. 40 - June 22, 2005

Hidden Cove lives up to its name

None of the units in this condo have ever sold since it was built.

By Louise Bolger

On June 4, many of the staff at the Anna Maria Island Sun helped celebrate the wedding of Erin Krauss and Rob Dellenger on the beach in Holmes Beach. It was a fabulous afternoon, and since everyone loves a wedding, the residents of the surrounding homes and condos came out on their balconies to toast and cheer the bride and groom.

The condo closest to the beach access is one I never noticed before and for good reason. It’s called Hidden Cove and has only six units in this very unassuming building at 5610 Gulf Drive.

Hidden Cove is set slightly back on Gulf Drive, just around the bend from the Martinique condos on the Gulf side. There’s no doubt that the beach at its doorstep is one of the finest in the world which is undoubtedly why no one ever leaves Hidden Cove.

The Manatee County records show that Hidden Cove was built in the summer of 1996, with selling prices around $240,000. Units have two bedrooms and two and a half baths and are a townhouse design, with the master bedroom and private balcony on the upper level and living area with another balcony on the first level.

There is a pool and under building parking with individual storage units.

In today’s incredibly escalating real estate market, the owners at Hidden Cove are sitting on a small gold mine. But what I found most interesting about Hidden Cove is that none have sold since the small complex was built – not a one. If there is one on the market now it’s well hidden. Weekly, and monthly rentals are permitted with monthly rates in the mid to high $5,000 range, depending on the season.

If you love the beach, the surf and an occasional wedding, Hidden Cove will fill the bill, and if one ever comes on the market, grab it. Good luck to Erin and Rob!

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