Seller's Agent in 2020
Gerald Cunningham
KELLER WILLIAMS ON THE WATER S
(941) 803-7522
16 Total Sales
1205 Gulf Dr S Unit A Bradenton Beach, FL 34217
Estimated Value: $2,726,000 - $3,383,000
0.11
Acre
$28,360,900
Price per Acre
5,001
Sq Ft Lot
Highlights
- 50 Feet of Ocean or Gulf Waterfront
- Full Gulf or Ocean Views
- 5-minute walk to Cortez Beach
- Water access To Gulf or Ocean
- No HOA
About This Lot
As of July 2020"'short stories" ....Paradise Found.!!!... This is a great investment opportunity to build a vacation rental home in a prime location on Bradenton Beach located only 50 feet from the Gulf of Mexico. Magnificent direct Gulf views and spectacular sunset and sunrise views from the rooftop deck. Create your own custom dream home for your personal use and/or an excellent investment opportunity. The construction approvals are almost completed for a 6 bedroom, 5 bath home with designs for a pool. Survey, elevation, and soil tests are available. Estimated gross income is
approximately $197,635 per year. The property can be rented on weekly basis or longer term. This is a perfect home for entertaining with plenty of indoor and outdoor space. Live the Island lifestyle and enjoy unique restaurants and shops that are located within walking distance to downtown Bradenton beach. Historical Bridge street . This is an ideal vacation destination in a very popular area Experience stunning views, walks on the beach and a relaxing atmosphere. Call for additional details. Local Builder Mason Martin will answer any questions ..knows this property inside and out..
Last Agent to Sell the Property
KELLER WILLIAMS ON THE WATER S License #3113715 Listed on: 03/19/2020
Property Details
Property Type
- Land
Est. Annual Taxes
- $7,865
Lot Details
- 5,001 Sq Ft Lot
- Lot Dimensions are 50 x 100
- 50 Feet of Ocean or Gulf Waterfront
- Property fronts a highway
- West Facing Home
- Cleared Lot
- Property is zoned R2
Additional Features
- Full Gulf or Ocean Views
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 1 / 23
- Assessor Parcel Number 7754400005
Community Details
Overview
- No Home Owners Association
- Cortez Coast Subdivision Community
- Cortez Beach Pb1/203 & Subdivision
Recreation
- Water access To Gulf or Ocean
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 19, 2020
Closed on
Jul 30, 2020
Sold by
Bb Gulf View Partners Llc
Bought by
Odm Ventures Llc
Seller's Agent
Gerald Cunningham
KELLER WILLIAMS ON THE WATER S
Buyer's Agent
Marlen Ryan
PREFERRED SHORE LLC
List Price
$979,787
Sold Price
$950,000
Premium/Discount to List
-$29,787
-3.04%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,169,699
Avg. Annual Appreciation
24.63%
Purchase Details
Closed on
Apr 11, 2019
Sold by
Colwell Ruth J and Colwell Robert W
Bought by
Bb Gulf View Partners Llc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Odm Ventures Llc | $950,000 | Optimum Title Llc | |
| Bb Gulf View Partners Llc | $833,000 | Attorney |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/30/2020 10/30/20 | Off Market | $950,000 | -- | -- |
| 07/30/2020 07/30/20 | Sold | $950,000 | -1.0% | $548 / Sq Ft |
| 07/03/2020 07/03/20 | Pending | -- | -- | -- |
| 07/02/2020 07/02/20 | Price Changed | $959,761 | +2.2% | $554 / Sq Ft |
| 05/06/2020 05/06/20 | Price Changed | $939,111 | -4.2% | $542 / Sq Ft |
| 03/18/2020 03/18/20 | For Sale | $979,787 | -- | $566 / Sq Ft |
Source: Stellar MLS
Tax History Compared to Growth
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 | $39,502 | $2,607,990 | $892,500 | $1,715,490 |
| 2024 | $39,502 | $2,626,013 | $892,500 | $1,733,513 |
| 2023 | $11,539 | $892,500 | $892,500 | $0 |
| 2022 | $9,097 | $580,000 | $580,000 | $0 |
| 2021 | $8,112 | $510,000 | $510,000 | $0 |
| 2020 | $7,862 | $470,000 | $470,000 | $0 |
| 2019 | $7,865 | $526,349 | $470,000 | $56,349 |
| 2018 | $7,605 | $520,473 | $470,000 | $50,473 |
| 2017 | $6,608 | $488,924 | $0 | $0 |
| 2016 | $6,142 | $453,467 | $0 | $0 |
| 2015 | $4,282 | $259,170 | $0 | $0 |
| 2014 | $4,282 | $235,742 | $0 | $0 |
| 2013 | $3,995 | $216,154 | $142,300 | $73,854 |
Source: Public Records
Agents Affiliated with this Home
-
Gerald Cunningham
-
Marlen Ryan
Buyer's Agent in 2020
Marlen Ryan
PREFERRED SHORE LLC
(941) 799-1046
1 in this area
54 Total Sales
Map
Source: Stellar MLS
MLS Number: A4463424
APN: 77544-0000-5
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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