NOT LISTED FOR SALE

107 3rd St S Unit A Bradenton Beach, FL 34217

Estimated Value: $1,562,000 - $2,374,000

6 Beds
4 Baths
2,288 Sq Ft
$819/Sq Ft Est. Value

Last Sold June 21, 2021

Last sale price $1,925,000 $841 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $11,791/month

56 Days on Market

Highlights

  • Intracoastal View
  • Property is near a marina
  • Deck
  • Anna Maria Elementary School Rated A-
  • Heated In Ground Pool
  • 4-minute walk to Cortez Beach

About This Home

As of June 2021

6 Bedroom 4 Bath Duplex! Location, Location, Location, No car needed, located less than 1 block from the Gulf Beaches and just one street north of Historic Bridge Street where you'll find the Bridge Street Pier as well as plenty of great restaurants, nightlife and shops. This Fantastic duplex in Bradenton Beach was recently completely remodeled and updated. The property is being sold completely turnkey furnished and is a very successful Vacation Rental with a strong rental history and income. You can watch the sunset from the spacious rooftop deck, with views of the Beach on one side as well as the Intracoastal Waterway on the other

Each unit is approximately 1200 sqft, has 3 bedrooms and two bathrooms, sleeping 6 with room for 2 more on the sleeper sofas located in each living room. Each master bedroom includes its own private balcony with gorgeous views and private baths. There is an open floor plan, free cable and free Wi-Fi. Each kitchen is fully equipped, including granite or quartz countertops, large eating area, and stainless-steel appliances. All towels and linens are included. All bedrooms offer Roku Smart TVs and plush mattresses to sink into after a full day of fun.
Each unit includes access to its own outside cooking and entertainment area, complete with TV's fridges and bars as well as a gas grill, plus access to the heated pool.

Last Agent to Sell the Property

Richard Parker

ALLIANCE GROUP LIMITED License #0355125 Listed on: 03/04/2021

Last Buyer's Agent

Rameez Chaudhri

EXP REALTY LLC License #3451202

EXP REALTY LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,204

Year Built

  • Built in 1988

Lot Details

  • 4,500 Sq Ft Lot
  • Lot Dimensions are 50x90
  • Fenced

Property Views

  • Intracoastal
  • Full Bay or Harbor

Home Design

  • Duplex
  • Elevated Home
  • Tri-Level Property
  • Turnkey
  • Slab Foundation
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,288 Sq Ft Home
  • Window Treatments
  • Combination Dining and Living Room
  • Laminate Flooring
  • Fire and Smoke Detector

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • Guest Parking
  • Open Parking

Pool

  • Heated In Ground Pool
  • Outdoor Shower
  • Pool Lighting

Outdoor Features

  • Property is near a marina
  • Balcony
  • Deck
  • Covered Patio or Porch

Location

  • Flood Insurance May Be Required
  • City Lot

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 3,748 Sq Ft Building
  • Cortez Beach Community
  • Cortez Beach Subdivision
  • Rental Restrictions

Pet Policy

  • Pets Allowed

Building Details

  • Gross Income $143,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,204

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Condition: Completed
  • Property Sub Type: Duplex
  • Construction Materials: Block, Concrete, Stucco, Wood Frame, Wood Siding
  • Fireplace: No
  • Living Area: 2288
  • Lot Size Acres: 0.1
  • New Construction: No
  • Year Built: 1988
  • Building Area Total: 3748
  • Lot Size Sq Ft: 4500
  • Directions to Property: From Gulf Drive turn on to 3rd Street S. 107 is on the Right/South side of the street.
  • Status: Sold
  • Street Post Direction: S
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4493331?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4493331?w=Customer
  • Unit Count: 1
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Property Description: Elevated
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 0.9171
  • Price per Sq Ft: 841.35
  • Close to Original List Price Ratio: 0.87699
  • Ratio: Current Price\Building Area Total: 513.61
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Laminate
  • Interior Amenities: Living Room/Dining Room Combo, Stone Counters, Window Treatments
  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Levels: Three Or More
  • Street Number Modifier: 107
  • Number Of Buildings: 1

Exterior Features

  • Pool Features: Heated, In Ground, Lighting
  • Exterior Features: Balcony, Fenced, Outdoor Shower
  • Roof: Metal
  • Pool Private: Yes
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Front Porch, Patio, Porch, Side Porch
  • Road Surface Type: Paved, Asphalt
  • Water View: Bay/Harbor - Partial, Gulf/Ocean - Partial, Intracoastal Waterway
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Additional Water Information: Watch the sunset from the spacious rooftop deck, with views of the Beach on one side as well as the Intracoastal Waterway on the other.
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Guest, Open
  • Open Parking: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water - Multiple Meters
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Private
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association Approval Required YN: No

Lot Info

  • Zoning: C1
  • Parcel Number: 7742710002
  • Additional Parcels: No
  • Lot Features: Flood Insurance Required, City Lot, Near Marina
  • Lot Dimensions: 50x90
  • Property Attached Yn: Yes
  • Flood Zone Code: AE

Rental Info

  • Furnished: Turnkey
  • Pets Allowed: Yes
  • Approval Process: None
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: City of Bradenton Beach

Multi Family

  • Gross Income: 143000
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 10204
  • Tax Lot: 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2021
Closed on
Jun 21, 2021
Sold by
Loomish Llc
Bought by
Freedom House Florida Llc
Seller's Agent
Richard Parker
ALLIANCE GROUP LIMITED
Buyer's Agent
Rameez Chaudhri
EXP REALTY LLC
List Price
$2,195,000
Sold Price
$1,925,000
Premium/Discount to List
-$270,000
-12.3%
Current Estimated Value
$1,874,951

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$50,049
Avg. Annual Appreciation
-0.61%

Purchase Details

Closed on
Feb 2, 2016
Sold by
Matonte Philip J and The Nicholas Michael Matonte I
Bought by
Loomish Llc

Purchase Details

Closed on
Jun 12, 2015
Sold by
Philip Matonte and Philip Nicholas Michael
Bought by
Philip Matonte Nicholas Michael Matonte and Michael William & Assoc Inc

Purchase Details

Closed on
Aug 9, 2013
Sold by
Matonte Philip
Bought by
Irrevo Philip and Irrevo Nicholas Michael Matonte

Purchase Details

Closed on
May 22, 2012
Sold by
Michael William & Associates Inc
Bought by
Matonte Philip J

Purchase Details

Closed on
Aug 1, 2002
Sold by
Matonte Philip
Bought by
Michael William & Assoc Inc

Purchase Details

Closed on
Aug 12, 1996
Sold by
Matonte Philip J
Bought by
Matonte Nicholas M
Source: Public Records

Range of Values:

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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
Freedom House Florida Llc $1,925,000 Alliance Group Title Llc
Loomish Llc $201,100 Attorney
Philip Matonte Nicholas Michael Matonte -- Attorney
Irrevo Philip -- None Available
Matonte Philip J -- Greg Rideout Acura Title
Michael William & Assoc Inc -- --
Matonte Nicholas M $127,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2021 06/21/21 Sold $1,925,000 -8.3% $841 / Sq Ft
04/29/2021 04/29/21 Pending -- -- --
04/23/2021 04/23/21 Price Changed $2,099,000 -4.4% $917 / Sq Ft
03/04/2021 03/04/21 For Sale $2,195,000 -- $959 / 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 $22,215 $1,341,970 $510,850 $831,120
2024 $22,215 $1,351,532 $510,850 $840,682
2023 $22,706 $1,361,092 $510,850 $850,242
2022 $22,845 $1,414,954 $328,000 $1,086,954
2021 $10,296 $616,196 $287,000 $329,196
2020 $10,204 $580,950 $259,000 $321,950
2019 $10,108 $572,970 $245,000 $327,970
2018 $9,523 $543,086 $245,000 $298,086
2017 $7,790 $449,321 $0 $0
2016 $5,821 $364,173 $0 $0
2015 $4,622 $292,648 $0 $0
2014 $4,622 $244,649 $0 $0
2013 $4,879 $264,214 $95,650 $168,564
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4493331

Stellar MLS

APN: 77427-1000-2