NOT LISTED FOR SALE

Estimated Value: $1,068,000 - $1,445,699

Studio
5 Baths
2,270 Sq Ft
$554/Sq Ft Est. Value

Sale Details

Date Sold: June 13, 2018

Last sale price $870,000 $383 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $7,921 / mo

112 Days on Market

Highlights

  • Beach View
  • Water access To Gulf or Ocean
  • Custom Home
  • Anna Maria Elementary School Rated 9+
  • Public Beach
  • 2-minute walk to Cortez Beach

About This Home

As of June 2018

Charming 5 unit Inn for sale, INN AT THE BEACH on Anna Maria Island is a FANTASTIC INVESTMENT OPPORTUNITY!!! Amazing location: 50 steps to the beautiful sugar sand beaches of the Gulf of Mexico and a short one-block walk to Historic Bridge Street, with quaint shops, bars and restaurants, which guests love. This is VACATION central in Bradenton Beach! Unit 1 has peaks of the Gulf of Mexico. Beach access and free trolley stops are literally across the street. This is the narrowest portion of land between Beach and Bay. Offered Turnkey Furnished, well-managed vacation rental property with a great reputation, numerous return guests and oodles of 5 star guest reviews. Already mostly booked through Spring, 2018 with plenty of potential for increase. Ask your Realtor for the numbers. Inn can be owner managed or managed by a vacation rental company. Rentals average from 3 to 7 nights. Each unit has bright coastal chic decor with well-equipped kitchen. Appliances, Furnishings, A/C units and Metal Roof all NEW since 2013. Each unit has its own outside entrance and an outside patio or porch area. Guest parking on site. Land, building, contents and goodwill included in sale. COME ON; own a –peace- of Paradise with an amazing location and superb return!

Last Agent to Sell the Property

The Galletto Team

ISLAND REAL ESTATE-ANNA MARIA License #0664016 Listed on: 11/03/2017

Last Buyer's Agent

Elizabeth Blandford

SALTY MERMAID REAL ESTATE LLC License #3059999

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,553

Year Built

  • Built in 1930

Lot Details

  • 4,750 Sq Ft Lot
  • Lot Dimensions are 96x50
  • Public Beach
  • West Facing Home
  • Corner Lot

Property Views

  • Beach
  • Partial Bay or Harbor

Home Design

  • Custom Home
  • Florida Architecture
  • Bungalow
  • Wood Frame Construction
  • Metal Roof

Interior Spaces

  • 2,270 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Fire and Smoke Detector

Kitchen

  • Range
  • Microwave

Parking

  • Guest Parking
  • Open Parking

Outdoor Features

  • Outdoor Shower
  • Water access To Gulf or Ocean
  • Deck
  • Patio
  • Outdoor Grill
  • Porch

Location

  • In Flood Plain
  • Flood Insurance May Be Required
  • Property is near public transit

Schools

  • Anna Maria Elementary School
  • Martha B. King Middle School
  • Bayshore High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 5 Units
  • Cortez Beach Pb1/203 & Subdivision

Pet Policy

  • No Pets Allowed

Building Details

  • Gross Income $155,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,553

Year Built

Built in 1930

Lot Details

4,750 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • Architectural Style: Bungalow, Custom, Florida, Other
  • Construction Materials: Wood Frame
  • Fireplace: No
  • Living Area: 2270
  • Lot Size Acres: 0.11
  • New Construction: No
  • Year Built: 1930
  • Lot Size Sq Ft: 4750
  • Status: Sold
  • Street Post Direction: S
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4200263&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4200263&cview=true&show_results=true&customer_portal=true
  • Unit Count: 3
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 1.00011
  • Price per Sq Ft: 383.26
  • Close to Original List Price Ratio: 0.82952
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Electric Water Heater, Microwave, Range, Refrigerator
  • Levels: One
  • Window Features: Blinds
  • Number Of Buildings: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Exterior Features: Outdoor Grill, Outdoor Shower
  • Roof: Metal
  • Pool Private: No
  • View: Water
  • Water Body Name: Gulf Of Mexico And Icw
  • Waterfront: No
  • Patio and Porch Features: Deck, Patio, Porch
  • Road Surface Type: Paved
  • Water View: Beach, Gulf/Ocean - Partial
  • Water Access: Beach - Public, Gulf/Ocean
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12081C0279E
  • Additional Water Information: 50 steps to Cortez Beach, on the Gulf of Mexico
  • Disclosures: Lead Paint, Seller Property Disclosure

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Guest, None, Open
  • Open Parking: Yes

Utilities

  • Utilities: Cable Available, Cable Connected, Street Lights
  • Cooling: Wall/Window Unit(s)
  • Heating: Wall Units / Window Unit
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Sidewalk
  • Association: No
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Deposits Y N: Yes
  • Association Fee Requirement: None

Schools

  • Elementary School: Anna Maria Elementary
  • High School: Bayshore High
  • Middle Or Junior School: Martha B. King Middle

Lot Info

  • Zoning: C2
  • Parcel Number: 7741800002
  • Additional Parcels: No
  • Lot Features: Corner Lot, Flood Insurance Required, Flood Plain, Near Public Transit, Sidewalk
  • Lot Dimensions: 96X50
  • Millage Rate: 16.19
  • Flood Zone Code: VE
  • Flood Zone Date: 2014-03-17
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Multi Family

  • Gross Income: 155000
  • Number Of Units Total: 5

Tax Info

  • Tax Annual Amount: 6553
  • Tax Block: 6
  • Tax Book Number: 1-203
  • Tax Lot: 1

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2017
Closed on
Jun 12, 2018
Sold by
Ami Leisure Properties Llc
Bought by
Seller's Agent
The Galletto Team
ISLAND REAL ESTATE-ANNA MARIA
Buyer's Agent
Elizabeth Blandford
SALTY MERMAID REAL ESTATE LLC
List Price
$1,048,800
Sold Price
$870,000
Premium/Discount to List
-$178,800
-17.05%
Current Estimated Value
$1,256,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$386,850
Avg. Annual Appreciation
4.55%
Original Mortgage
$674,250
Outstanding Balance
$571,879
Interest Rate
4.5%
Mortgage Type
Commercial
Estimated Equity
$684,971

Purchase Details

Closed on
Mar 27, 2014
Sold by
Keitel Daniel T and Keitel Renea
Bought by
Ami Leisure Properties Llc

Purchase Details

Closed on
Feb 20, 2014
Sold by
Deutsche Bank National Trust Company
Bought by
Keitel Daniel T and Keitel Renea

Purchase Details

Closed on
Aug 16, 2013
Sold by
Cunningham Karen
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Apr 29, 2005
Sold by
Dagher Cynthia Marie
Bought by
Cunningham Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$910,000
Interest Rate
4.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 1, 2003
Sold by
Adams Lawrence A and Dagher Cynthia M
Bought by
Dagher Cynthia Marie

Purchase Details

Closed on
Jun 8, 1995
Sold by
Whited Marcie S and Whited Terry
Bought by
Adams Lawrence A and Graves Cynthia M
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$870,000 Barnes Walker Title Inc
Ami Leisure Properties Llc -- Attorney
Keitel Daniel T $369,200 Attorney
Deutsche Bank National Trust Company $320,400 Attorney
Cunningham Karen $1,300,000 Fidelity Title & Exchange Se
Dagher Cynthia Marie -- --
Adams Lawrence A $75,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $674,250
Previous Owner Cunningham Karen $910,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/13/2018 06/13/18 Sold $870,000 0.0% $383 / Sq Ft
02/24/2018 02/24/18 Pending -- -- --
02/05/2018 02/05/18 Price Changed $869,900 -17.1% $383 / Sq Ft
11/03/2017 11/03/17 For Sale $1,048,800 -- $462 / Sq Ft
Source: Stellar MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $11,437 $535,925 $535,925
2025 $11,437 $537,037 $535,925 $1,112
2024 $17,260 $1,091,189 $535,925 $555,264
2023 $16,693 $1,091,240 $535,925 $555,315
2022 $13,373 $913,920 $339,000 $574,920
2021 $10,730 $618,722 $298,500 $320,222
2020 $10,427 $570,275 $269,500 $300,775
2019 $10,356 $561,320 $255,000 $306,320
2018 $7,433 $384,568 $255,000 $129,568
2017 $6,554 $360,690 $0 $0
2016 $5,911 $309,427 $0 $0
2015 $5,235 $293,206 $0 $0
2014 $5,235 $261,217 $0 $0
2013 $6,742 $348,166 $135,600 $212,566
Source: Public Records

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Map

Source: Stellar MLS

MLS Number: A4200263

Stellar MLS

APN: 77418-0000-2

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