NOT LISTED FOR SALE

101 7th St S Unit A Bradenton Beach, FL 34217

Estimated Value: $4,494,000 - $6,420,000

5 Beds
6 Baths
2,064 Sq Ft
$2,772/Sq Ft Est. Value

Last Sold March 18, 2021

Last sale price $1,150,000 $557 Per Sq Ft

Est. 397% increase in value since last sale

Current estimated payment $31,365/month

4 Days on Market

Highlights

  • Water Views
  • Open Floorplan
  • Property is near public transit
  • Anna Maria Elementary School Rated A-
  • Deck
  • 1-minute walk to Cortez Beach

About This Home

As of March 2021

A Fabulous Opportunity to own a multi-family weekly rental zoned R-2 on a 100 x 50ft. corner lot looking at the gorgeous Gulf of Mexico! The current residence is a duplex with a 2/2 on the ground floor, and 2/1.5 on the 2nd floor, with a large garage to the side. Renovate, move in and earn income or make plans to build something new! At this price it won t last long.

Last Agent to Sell the Property

JoDene Moneuse

MICHAEL SAUNDERS & COMPANY License #3352154 Listed on: 01/18/2021

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Jessica Adair

MARCUS & COMPANY REALTY License #3403759

MARCUS & COMPANY REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,849

Year Built

  • Built in 1949

Lot Details

  • 5,001 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Corner Lot

Parking

  • 2 Car Garage
  • Parking Pad
  • Ground Level Parking
  • Driveway

Home Design

  • Duplex
  • Bi-Level Home
  • Fixer Upper
  • Slab Foundation
  • Wood Frame Construction
  • Metal Roof
  • Metal Siding

Interior Spaces

  • 2,064 Sq Ft Home
  • Open Floorplan
  • Furnished
  • Window Treatments
  • Sliding Doors
  • Combination Dining and Living Room
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop

Flooring

  • Wood
  • Ceramic Tile

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Outdoor Storage
  • Front Porch

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required
  • Property is near public transit
  • City Lot

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 18 / 14
  • Assessor Parcel Number 7748900003

Community Details

Overview

  • 2,092 Sq Ft Building
  • Cortez Beach Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,849

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Condition: Fixer
  • Property Sub Type: Duplex
  • Property Description: Corner Unit
  • Water View: Yes
  • Construction Materials: Metal Siding, Wood Frame
  • Living Area: 2064.00
  • Lot Size Acres: 0.11
  • Year Built: 1949
  • Building Area Total: 2092.00
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4488258?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4488258?w=Customer
  • Lot Size Sq Ft: 5001
  • Building Search Sq Meters: 194.35
  • Directions to Property: Gulf Dr from either north or south to 7th Street. Home is on the corner of Gulf Dr and 7th St.S in the heart of Bradenton Beach.
  • Escrow State: FL
  • List Office Head Office Key Nume: 1046728
  • Status: Sold
  • Street Post Direction: S
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Eating Space In Kitchen, Living Room/Dining Room Combo, Open Floorplan, Window Treatments
  • Appliances Included: Built-In Oven, Cooktop, Dryer, Electric Water Heater, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Levels: Two
  • Living Area Meters: 191.75
  • Street Number Modifier: 101

Exterior Features

  • Additional Water Information: There is a communal access to the Bay at the end of 7th Street
  • Exterior Features: Sidewalk, Sliding Doors, Storage
  • Roof: Metal
  • Water View: Gulf/Ocean - Full
  • Flood Zone Code: AE
  • Flood Zone Date: 03/17/2014
  • Flood Zone Panel: 12081C0279E
  • View: Water
  • Water Body Name: GULF OF MEXICO
  • Patio and Porch Features: Deck, Front Porch
  • Road Surface Type: Paved

Garage/Parking

  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Ground Level, Parking Pad

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected, Street Lights, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • S W Subdiv Community Name: Not Applicable

Schools

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

Lot Info

  • Total Acreage: 0 to less than 1/4
  • Zoning: R2
  • Parcel Number: 7748900003
  • Lot Features: Corner Lot, Flood Insurance Required, FloodZone, In City Limits, In County, Near Public Transit, Sidewalk, Street Paved
  • Lot Dimensions: 50x100
  • Lot Size Square Meters: 465

Rental Info

  • Minimum Lease: 1 Week
  • Furnished: Furnished
  • Lease Restrictions: Yes
  • Pets Allowed: Yes

Multi Family

  • Total Num Buildings: 1
  • Unit Count: 2
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 8849.00
  • Tax Block: 14
  • Tax Book Number: 1-203
  • Tax Lot: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2021
Closed on
Mar 18, 2021
Sold by
Finn Martin T and Hamel Susan M
Bought by
48 Street Llc
Seller's Agent
JoDene Moneuse
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Jessica Adair
MARCUS & COMPANY REALTY
List Price
$1,250,000
Sold Price
$1,150,000
Premium/Discount to List
-$100,000
-8%
Current Estimated Value
$5,720,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,570,546
Avg. Annual Appreciation
42.28%

Purchase Details

Closed on
Sep 30, 2004
Sold by
Nugent John T and Nugent Peggy C
Bought by
Finn Martin T and Hamel Susan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$584,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 2, 2003
Sold by
Beigh David R
Bought by
Nugent John T and Nugent Peggy C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 30, 2000
Sold by
Kalberer Gerald A and Kalberer Barbara L
Bought by
Beigh David R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
7.82%

Purchase Details

Closed on
Jun 12, 1998
Sold by
Friedt Anna Margaret Hooks
Bought by
Kalberer Gerald A and Kalberer Barbara L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.14%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
48 Street Llc $1,150,000 Attorney
Finn Martin T $730,000 --
Nugent John T $550,000 --
Beigh David R $450,000 --
Kalberer Gerald A $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Finn Martin T $584,000
Previous Owner Nugent John T $440,000
Previous Owner Beigh David R $360,000
Previous Owner Kalberer Gerald A $90,000
Closed Finn Martin T $56,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2021 03/18/21 Sold $1,150,000 -8.0% $557 / Sq Ft
01/22/2021 01/22/21 Pending -- -- --
01/18/2021 01/18/21 For Sale $1,250,000 -- $606 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

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
2025 $12,433 $2,520,116 -- --
2024 $12,433 $892,500 $892,500 --
2023 $12,089 $892,500 $892,500 $0
2022 $15,920 $981,573 $580,000 $401,573
2021 $9,143 $696,171 $510,000 $186,171
2020 $8,849 $644,043 $470,000 $174,043
2019 $8,630 $647,028 $470,000 $177,028
2018 $9,204 $750,425 $585,000 $165,425
2017 $7,878 $692,929 $0 $0
2016 $7,268 $623,148 $0 $0
2015 $4,193 $266,685 $0 $0
2014 $4,193 $228,474 $0 $0
2013 $4,091 $219,956 $104,200 $115,756
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4488258

Stellar MLS

APN: 77489-0000-3