NOT LISTED FOR SALE

Estimated Value: $299,000 - $1,018,000

4 Beds
4 Baths
2,192 Sq Ft
$321/Sq Ft Est. Value

Last Sold November 10, 2021

Last sale price $725,000 $331 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $4,878/month

28 Days on Market

Highlights

  • Water Access
  • Deck
  • No HOA
  • Open Floorplan
  • Stone Countertops
  • Front Porch

About This Home

As of November 2021

On the hunt for the ultimate investment property with the potential to generate incredible returns? This triplex building is nestled within a peaceful and friendly neighborhood on Manasota Key and offers three turn-key, furnished units just a gentle stroll from the beach.

Each unit is bright, contemporary and beautifully presented with generous and open-concept living spaces that invite you to kick back and relax with loved ones.

The first floor houses a one-bedroom, one-bathroom unit along with two single garages and a shared laundry room. Two additional residences are set on the second floor including a one-bedroom, one-bathroom unit and a larger two-bedroom, one and a half bathroom unit. All the homes have full kitchens and quality fixtures plus there’s an outdoor entertaining deck and the building is nestled amongst lush yet easy-care gardens.

You could live in one property and rent out the others or offer all three dwellings to the rental market and take full advantage of this prized investment opportunity, the choice is all yours. Property includes deeded beach access. New roof Nov. 2017. Air Conditioners 2020/2017/2013. Electrical panel 2010.

Last Agent to Sell the Property

Joe Millslagle

PREFERRED SHORE LLC License #3403228 Listed on: 07/09/2021

PREFERRED SHORE LLC

Last Buyer's Agent

Joe Millslagle

PREFERRED SHORE LLC License #3403228 Listed on: 07/09/2021

PREFERRED SHORE LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,828

Year Built

  • Built in 1979

Lot Details

  • 7,545 Sq Ft Lot

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Garage Door Opener
  • Driveway
  • Open Parking

Home Design

  • Triplex
  • Turnkey
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Vinyl Siding

Interior Spaces

  • 2,192 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Window Treatments
  • French Doors
  • Inside Utility

Kitchen

  • Eat-In Kitchen
  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Stone Countertops

Flooring

  • Carpet
  • Tile

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Water Access
  • Deeded access to the beach
  • Deck
  • Rain Gutters
  • Front Porch

Schools

  • L.A. Ainger Middle School
  • Lemon Bay High School

Utilities

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

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 3,041 Sq Ft Building
  • Englewood Shores Community
  • Englewood Shores Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,828

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Condition: Completed
  • Property Sub Type: Triplex
  • Construction Materials: Block, Vinyl Siding
  • Fireplace: No
  • Living Area: 2192
  • Lot Size Acres: 0.17
  • New Construction: No
  • Year Built: 1979
  • Building Area Total: 3041
  • Lot Size Sq Ft: 7545
  • Directions to Property: From 776 turn West on Beach Road. At traffic circle go south on Gulf Blvd. Take slight left onto Holiday Drive. House on right hand side.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/C7445890?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/C7445890?w=Customer
  • Unit Count: 3
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: Yes
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 330.75
  • Close to Original List Price Ratio: 0.96667
  • Ratio: Current Price\Building Area Total: 238.41
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, Open Floorplan, Solid Surface Counters, Stone Counters, Window Treatments
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Street Number Modifier: 1300
  • Additional Rooms: Inside Utility
  • Number Of Buildings: 1

Exterior Features

  • Exterior Features: French Doors, Rain Gutters
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Deck, Front Porch
  • Road Surface Type: Paved
  • Water Access: Beach - Access Deeded
  • Water View Y N: No
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12015C0186F
  • Additional Water Information: Deeded Beach Access with Property on Sand Dollar Lane Englewood.

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, Oversized
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Schools

  • High School: Lemon Bay High
  • Middle Or Junior School: L.A. Ainger Middle

Lot Info

  • Zoning: MMF7.5
  • Parcel Number: 412018102002
  • Additional Parcels: No
  • Property Attached Yn: No
  • Flood Zone Code: AE
  • Flood Zone Date: 2003-05-05

Rental Info

  • Furnished: Turnkey
  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No
  • Additional Lease Restrictions: No Rental Restrictions. Currently managed by A Property manager for the Owner.

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 10828
  • Tax Block: E
  • Tax Book Number: 2-88
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2021
Closed on
Nov 10, 2021
Sold by
Fottz Danamichele B
Bought by
Garvey Michael A
Seller's Agent
Joe Millslagle
PREFERRED SHORE LLC
Buyer's Agent
Joe Millslagle
PREFERRED SHORE LLC
List Price
$750,000
Sold Price
$725,000
Premium/Discount to List
-$25,000
-3.33%
Current Estimated Value
$702,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,442
Avg. Annual Appreciation
-1.02%
Original Mortgage
$560,000
Outstanding Balance
$518,628
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$179,488

Purchase Details

Listed on
Apr 14, 2020
Closed on
May 5, 2021
Sold by
Aesir Strategic Solutions Llc
Bought by
Foltz Danamichele B
Seller's Agent
Julie Starbuck
TALL PINES REALTY
Buyer's Agent
Joe Millslagle
PREFERRED SHORE LLC
List Price
$699,000
Sold Price
$615,000
Premium/Discount to List
-$84,000
-12.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.22%
Original Mortgage
$461,250
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2019
Sold by
Grappin Lee
Bought by
Aesir Strategic Solutions Llc

Purchase Details

Listed on
Nov 3, 2018
Closed on
Mar 18, 2019
Sold by
Sigpath Systems Corporation
Bought by
Grappin Lee
Seller's Agent
Ron McGuire
TALL PINES REALTY
Buyer's Agent
Chad McKinney
RE/MAX PALM REALTY
List Price
$589,900
Sold Price
$490,000
Premium/Discount to List
-$99,900
-16.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.75%
Original Mortgage
$367,500
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 3, 2010
Sold by
Cotter Angeline
Bought by
Sigpath Systems Corporation

Purchase Details

Closed on
Jul 30, 1999
Sold by
Enman Sandra
Bought by
Cotter James E and Cotter Angeline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,000
Interest Rate
7.66%
Source: Public Records

Range of Values:

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Average Value
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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
Garvey Michael A $725,000 Suncoast One Ttl & Closings
Foltz Danamichele B $615,000 Attorney
Aesir Strategic Solutions Llc $367,500 Attorney
Grappin Lee $490,000 Attorney
Sigpath Systems Corporation $260,000 Attorney
Cotter James E $147,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garvey Michael A $560,000
Previous Owner Foltz Danamichele B $461,250
Previous Owner Grappin Lee $367,500
Previous Owner Cottor Angeline $150,000
Previous Owner Cotter Angeline $150,000
Previous Owner Cotter James E $118,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2021 11/10/21 Sold $725,000 0.0% $331 / Sq Ft
08/06/2021 08/06/21 Pending -- -- --
07/28/2021 07/28/21 Price Changed $725,000 -3.3% $331 / Sq Ft
07/09/2021 07/09/21 For Sale $750,000 +22.0% $342 / Sq Ft
05/06/2021 05/06/21 Sold $615,000 -1.6% $281 / Sq Ft
02/04/2021 02/04/21 Pending -- -- --
12/01/2020 12/01/20 Price Changed $625,000 -3.7% $285 / Sq Ft
09/17/2020 09/17/20 Price Changed $649,000 -7.2% $296 / Sq Ft
04/14/2020 04/14/20 For Sale $699,000 +42.7% $319 / Sq Ft
03/23/2019 03/23/19 Sold $490,000 -16.8% $224 / Sq Ft
02/13/2019 02/13/19 Pending -- -- --
11/05/2018 11/05/18 Price Changed $589,000 -0.2% $269 / Sq Ft
11/03/2018 11/03/18 For Sale $589,900 -- $269 / 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
2023 $11,838 $594,252 $0 $0
2022 $11,668 $596,971 $247,350 $349,621
2021 $10,712 $524,465 $210,375 $314,090
2020 $10,828 $531,157 $210,375 $320,782
2019 $8,115 $481,168 $191,250 $289,918
2018 $6,808 $409,030 $191,250 $217,780
2017 $6,252 $364,706 $191,250 $173,456
2016 $5,831 $240,090 $0 $0
2015 $5,544 $218,264 $0 $0
2014 $5,228 $198,422 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: C7445890

Stellar MLS

APN: 412018102002