$105,000
SOLD SEP 4, 2014
1 Bed
1 Bath
722 Sq Ft
$250/mo HOA Fee

Recently Sold

$145 Per Sq Ft

9% Below List Price

59 Days on Market

Highlights

  • Boat Slip Deeded
  • 0.56 Acre Lot
  • Deck
  • Ida M. Stewart Elementary School Rated A-
  • Canal View
  • End Unit

About This Home

As of March 2020

Why pay slip fees? Buy this property and receive a great return on your investment and park your boat for free! This is a great waterfront, ground floor condo with private deeded boat dock. No bridges to Palma Sola Bay and only 3.5 miles to the Intracoastal Waterway and the Gulf of Mexico. Enjoy your covered screened lanai while watching the fish jump in the canal behind your docked boat. Do you prefer the beach over the open water? You are only 300 yards from Palma Sola's causeway beach and 3 miles to Holmes Beach. This updated condo features a lot of storage, large living area and large master bedroom. Beautiful low maintenance ceramic tiles grace the floor throughout. Very intimate complex with only 12 units. This condo currently has a long term tenant which generates a nice return on investment. Not ready to retire, but ready to take advantage of the current market? Buy this condo now and let it pay for itself.

Last Agent to Sell the Property

Mark Midyett

KELLER WILLIAMS ON THE WATER S License #3261717 Listed on: 05/16/2014

KELLER WILLIAMS ON THE WATER S

Last Buyer's Agent

Mark Midyett

KELLER WILLIAMS ON THE WATER S License #3261717 Listed on: 05/16/2014

KELLER WILLIAMS ON THE WATER S

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,217

Year Built

  • Built in 1969

Lot Details

  • Property fronts a saltwater canal
  • End Unit
  • South Facing Home
  • Additional Parcels

HOA Fees

  • $250 Monthly HOA Fees

Property Views

  • Canal
  • Garden

Home Design

  • Entry on the 1st floor
  • Slab Foundation
  • Membrane Roofing
  • Block Exterior

Interior Spaces

  • 722 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Ceramic Tile Flooring
  • Built-In Oven

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Outdoor Features

  • Access to Saltwater Canal
  • Seawall
  • Boat Slip Deeded
  • Deck
  • Patio
  • Porch

Location

  • Flood Zone Lot

Utilities

  • Central Heating and Cooling System
  • No Heating
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include insurance, maintenance structure, ground maintenance, maintenance, recreational facilities, sewer, water
  • Flamingo By The Bay Condominiu Community
  • Flamingo By The Bay Condo Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,217

Year Built

Built in 1969

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • HOA Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Maintenance, Recreational Facilities, Sewer, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 722
  • Lot Size Acres: 0.56
  • New Construction: No
  • Year Built: 1969
  • Building Area Total: 821
  • Lot Size Sq Ft: 24289
  • Directions to Property: West on Manatee Avenue (SR64) towards Anna Marie Island. Cross Palma Sola Causeway, complex is on the left
  • Status: Sold
  • Street Post Direction: W
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Floor Number: 1
  • List Office Head Office Key Nume: 1046959
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 145.43
  • Total Acreage: Up to 10,889 Sq. Ft.
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • Property Description: End Unit
  • Tax Year: 2013
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 1
  • Interior Amenities: Walk-In Closet(s)
  • Appliances Included: Built-In Oven, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 1
  • Levels: One
  • Stories: 2
  • Window Features: Blinds
  • Street Number Modifier: 10215
  • ResoLivingAreaSource: PublicRecords
  • Room Count: 3

Exterior Features

  • Direction Faces: South
  • Roof: Membrane
  • Home Warranty: No
  • Pool Private: No
  • View: Garden, Water
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Patio, Porch
  • Disclosures: Lead Paint
  • Water Access: Canal - Saltwater
  • Water Extras: Dock - Slip Deeded On-Site,Seawall - Concrete
  • Water Extras YN: 1
  • Water View: Canal
  • Water View YN: 1

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: None

Utilities

  • Utilities: Cable Connected
  • Cooling: Central Air
  • Heating: Central, None
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Fee Requirement: None
  • Building Name Number: 2
  • Condo Fees: 750
  • Monthly Condo Fee Amount: 250

Lot Info

  • Zoning: RMF9/C
  • Parcel Number: 7357700355
  • Additional Parcels: Yes
  • Lot Features: FloodZone
  • Homestead YN: 0
  • Future Land Use: 0400

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 1217
  • Tax Block: 2
  • Tax Book Number: 0010/0037
  • Tax Lot: 6

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2020
Closed on
Mar 13, 2020
Sold by
Ermini Annette S
Bought by
Guthrie Roger
Seller's Agent
James Ermini
New England Classic Homes
Buyer's Agent
James Ermini
New England Classic Homes
List Price
$184,900
Sold Price
$175,000
Premium/Discount to List
-$9,900
-5.35%
Current Estimated Value
$261,534

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,534
Avg. Annual Appreciation
7.76%

Purchase Details

Listed on
May 16, 2014
Closed on
Sep 4, 2014
Sold by
Silva Alan H and Silva Mary
Bought by
Ermini Annette S
Seller's Agent
Mark Midyett
KELLER WILLIAMS ON THE WATER S
Buyer's Agent
Mark Midyett
KELLER WILLIAMS ON THE WATER S
List Price
$114,900
Sold Price
$105,000
Premium/Discount to List
-$9,900
-8.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.68%

Purchase Details

Closed on
Jul 2, 2004
Sold by
Zaccagnino David L and Zaccagnino Janine J
Bought by
Silva Alan H and Silva Mary U

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
2.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 26, 2004
Sold by
Geldert Alfred C and Geldert Marian L
Bought by
Zaccagnino David L and Zaccagnino Janine J

Purchase Details

Closed on
Aug 22, 2003
Sold by
Geldert Alfred C and Geldert Marian L
Bought by
Zaccagnino David L and Zaccagnino Janine J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
6.13%

Purchase Details

Closed on
Sep 14, 2001
Sold by
Yankee Michael L and Yankee Barbara K
Bought by
Geldert Karl S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
6.97%
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 Type Sale Price Title Company
Warranty Deed $175,000 Stewart Title Company
Warranty Deed $105,000 Integrity Title Services Inc
Warranty Deed $170,000 --
Warranty Deed -- --
Warranty Deed $135,000 --
Quit Claim Deed -- --
Warranty Deed $90,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $136,000 Purchase Money Mortgage
Previous Owner $108,000 No Value Available
Previous Owner $68,000 New Conventional
Previous Owner $65,000 No Value Available
Closed $17,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2020 03/13/20 Sold $175,000 -5.4% $207 / Sq Ft
02/15/2020 02/15/20 Pending -- -- --
01/28/2020 01/28/20 For Sale $184,900 +76.1% $219 / Sq Ft
08/17/2018 08/17/18 Off Market $105,000 -- --
09/04/2014 09/04/14 Sold $105,000 -8.6% $145 / Sq Ft
07/15/2014 07/15/14 Pending -- -- --
05/16/2014 05/16/14 For Sale $114,900 -- $159 / 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 $2,509 $207,825 -- $207,825
2024 $2,509 $208,202 -- --
2023 $2,466 $202,138 $0 $0
2022 $2,397 $196,250 $0 $196,250
2021 $1,932 $126,000 $0 $126,000
2020 $1,731 $106,000 $0 $106,000
2019 $1,627 $98,000 $0 $98,000
2018 $1,570 $93,000 $0 $0
2017 $1,513 $96,000 $0 $0
2016 $1,396 $84,000 $0 $0
2015 $1,301 $79,000 $0 $0
2014 $1,301 $75,243 $0 $0
2013 $1,218 $68,908 $1 $68,907
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A3998262

Stellar MLS

APN: 73577-0035-5