NOT LISTED FOR SALE

1325 Gulf Dr N Unit 117 Bradenton Beach, FL 34217

Estimated Value: $318,000 - $351,000

1 Bed
1 Bath
518 Sq Ft
1.52 Acres

Last Sold May 13, 2021

Last sale price $255,000 $492 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,262/month

1 Day on Market

Highlights

  • Waterfront Community
  • Water Access
  • Community Pool
  • Water Views
  • 1.52 Acre Lot
  • Ceramic Tile Flooring

About This Home

As of May 2021

This is a Great Investment Property! Currently leased out and in 5 years of a 10 year lease, with 10 year renew. The Tenant is currently responsible for any fees. All the owner has to do is collect a monthly check for the next 15 years! This is an excellent opportunity for some lucky investor to capitalize on the growth of Anna Maria Island and the popularity of Tortuga. Please verify the authenticity of any information for yourself. This is truly an ideal investment residential Condo with long-term tenant that pays monthly Condo Assessment, Insurance, Maintenance, Utilities and Taxes on the property.

Last Agent to Sell the Property

Joanna Petriccione

KELLER WILLIAMS ON THE WATER S License #3356345 Listed on: 04/13/2021

KELLER WILLIAMS ON THE WATER S

Co-Listed By

Rex Glasson

DOUGLAS ELLIMAN License #3067512

Last Buyer's Agent

Jerome Dorsey

COLDWELL BANKER REALTY License #3388199

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,875

Year Built

  • Built in 1976

Lot Details

  • 1.52

Home Design

  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 518 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Sliding Doors
  • Ceramic Tile Flooring
  • Water Views
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Water Access
  • West Facing Home
  • Flood Zone Lot

Listing and Financial Details

  • Tax Lot 117
  • Assessor Parcel Number 7701700409

Community Details

Overview

  • Association fees include community pool, electricity, escrow reserves fund, insurance, pool maintenance, sewer, trash
  • Tortuga Condo Community
  • Tortuga Ph I Subdivision
  • Association Approval Required
  • The community has rules related to deed restrictions

Recreation

  • Waterfront Community
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,875

Year Built

Built in 1976

Lot Details

0

Listing Details

  • HOA Fee Includes: Community Pool, Electricity, Escrow Reserves Fund, Insurance, Pool Maintenance, Sewer, Trash
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Water View: Yes
  • Construction Materials: Block, Stucco
  • Living Area: 518.00
  • Lot Size Acres: 1.52
  • Year Built: 1976
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4497581?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4497581?w=Customer
  • Lot Size Sq Ft: 66131
  • Down Payment Resource Assistance: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4497581?w=PubMLS
  • Escrow State: FL
  • List Office Head Office Key Nume: 1044707
  • Status: Sold
  • Street Post Direction: N
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Room Count: 3
  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 1
  • Interior Amenities: Window Treatments
  • Appliances Included: Microwave
  • Foundation Details: Slab
  • Total Bedrooms: 1
  • Floor Number: 1
  • Levels: One
  • Stories: 1
  • Living Area Meters: 48.12

Exterior Features

  • Direction Faces: West
  • Exterior Features: Sliding Doors
  • Roof: Tile
  • Water View: Gulf/Ocean - Partial
  • Flood Zone Code: AE,VE
  • View: Water

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • S W Subdiv Community Name: Tortuga Condo
  • Community Features: Deed Restrictions, Pool, Water Access, Waterfront
  • Building Name Number: 117
  • Condo Land Included: Yes
  • Association Approval Required: Yes

Lot Info

  • Total Acreage: 1 to less than 2
  • Zoning: R3
  • Parcel Number: 7701700409
  • Lot Features: FloodZone
  • Lot Size Square Meters: 6144

Rental Info

  • Minimum Lease: 1-7 Days
  • Exist Lse Tenant: Yes
  • Additional Lease Restrictions: See Docs
  • Lease Restrictions: Yes
  • Month To Month Or Weekly: Yes

Multi Family

  • Approval Process: See Docs
  • Currency Monthly Rent Amt: 1036.83

Tax Info

  • Tax Annual Amount: 3874.77
  • Tax Book Number: 31-111
  • Tax Lot: 117

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2023
Sold by
Caputo Josesph and Caputo Annita
Bought by
Joseph Caputo Iii Living Trust
Current Estimated Value
$333,211

Purchase Details

Listed on
Apr 13, 2021
Closed on
May 13, 2021
Sold by
Teitelbaum Investors Llc
Bought by
Caputo Joseph and Caputo Annita
Seller's Agent
Joanna Petriccione
KELLER WILLIAMS ON THE WATER S
Buyer's Agent
Jerome Dorsey
COLDWELL BANKER REALTY
List Price
$269,900
Sold Price
$255,000
Premium/Discount to List
-$14,900
-5.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.97%

Purchase Details

Closed on
Nov 21, 2016
Sold by
Nds Ventures Llc
Bought by
Teitehaom Investors Llc

Purchase Details

Closed on
Jun 2, 2004
Sold by
Tortuga Partners Llc
Bought by
Nds Ventures Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Joseph Caputo Iii Living Trust $100 --
Caputo Joseph $255,000 Sunbelt Title Agency
Teitehaom Investors Llc $200,000 None Available
Nds Ventures Llc $225,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/13/2021 05/13/21 Sold $255,000 -5.5% $492 / Sq Ft
04/14/2021 04/14/21 Pending -- -- --
04/13/2021 04/13/21 For Sale $269,900 -- $521 / 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 $6,127 $129,413 -- $129,413
2024 $6,127 $382,500 -- $382,500
2023 $6,227 $429,250 $0 $429,250
2022 $4,735 $283,500 $0 $283,500
2021 $3,702 $220,000 $0 $220,000
2020 $3,875 $220,000 $0 $220,000
2019 $3,888 $220,000 $0 $220,000
2018 $3,587 $198,000 $0 $0
2017 $3,245 $189,500 $0 $0
2016 $3,249 $189,500 $0 $0
2015 $3,197 $189,500 $0 $0
2014 $3,197 $189,631 $0 $0
2013 $2,863 $160,094 $1 $160,093
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4497581

Stellar MLS

APN: 77017-0040-9