NOT LISTED FOR SALE

1603 Gulf Dr N Unit 1 Bradenton Beach, FL 34217

Estimated Value: $300,000 - $363,000

1 Bed
1 Bath
540 Sq Ft
$879/mo HOA Fee

Last Sold December 14, 2018

Last sale price $210,000 $389 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $3,059/month

168 Days on Market

Highlights

  • 250 Feet of Waterfront
  • Private Beach
  • Fishing
  • Water access To Gulf or Ocean
  • Heated In Ground Pool
  • Open Floorplan

About This Home

As of December 2018

Perfectly set in one of the most sought after Resorts on the Island, this 1 bedroom 1 bathroom fully furnished cottage in Tradewinds is an adorable coastal retreat! This property is located in the premier spot of the resort as it is the closest to the beach. Literally only steps from your front door to the sandy beaches of beautiful Anna Maria Island! Wake up each morning with a sense of rejuvenation and tranquility as you sit outside and enjoy the sunrise on your large patio where you are graced by lush landscaping offering the perfect amount of privacy. Coastal flair is defined when you enter the open floor plan with a combined living and dining room. You’ll enjoy the cozy full kitchen while cooking the best kept recipes for your guests. Retreat to your Master bedroom featuring tile flooring, ceiling fan, and en suite with shower/bath combo. Designed with a vision of tropical living, the chic array of cottages at Tradewinds Beach Resort are lined along a private road leading to the gated community pool with plenty of space set inside a tropical oasis. This pet friendly resort in Paradise offers barbecue grills and picnic tables amidst picturesque grounds.There is never a shortage of beauty as you cast out your rod from the pier that extends into the Intracoastal Waterway. An easy walk to a variety of chic shops and dining options along the well-known Bridge Street area. Amazing rental income will that will also offer the discerning investor a great positive cash flow!

Last Agent to Sell the Property

Jay Travis

RE/MAX ALLIANCE GROUP License #0690059 Listed on: 04/13/2018

RE/MAX ALLIANCE GROUP

Last Buyer's Agent

Michaela Damm

MICHAELA DAMM & PARTNERS License #3322135

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,903

Year Built

  • Built in 1971

Lot Details

  • 250 Feet of Waterfront
  • Property fronts an intracoastal waterway
  • Private Beach
  • Mature Landscaping
  • Irrigation

HOA Fees

  • $879 Monthly HOA Fees

Parking

  • Open Parking

Home Design

  • Key West Architecture
  • Bungalow
  • Slab Foundation
  • Shingle Roof
  • Siding

Interior Spaces

  • 540 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Furnished
  • Crown Molding
  • Ceiling Fan
  • Combination Dining and Living Room
  • Ceramic Tile Flooring

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

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

Home Security

Pool

  • Heated In Ground Pool
  • Outside Bathroom Access

Outdoor Features

  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • Fishing Pier
  • Deeded access to the beach
  • Outdoor Grill
  • Front Porch

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, escrow reserves fund, insurance, internet, maintenance structure, ground maintenance, manager, pest control, sewer, trash, water
  • Tradewinds Condo Community
  • Tradewinds A Condo Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Community Pool
  • Fishing

Pet Policy

  • Pets up to 75 lbs
  • 2 Pets Allowed

Additional Features

  • Laundry Facilities
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,903

Year Built

Built in 1971

Lot Details

0

HOA Fees

$879 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Bungalow, Key West
  • Construction Materials: Siding
  • Fireplace: No
  • Living Area: 540
  • New Construction: No
  • Year Built: 1971
  • Building Area Total: 540
  • Status: Sold
  • Street Post Direction: N
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4215405&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4215405&cview=true&show_results=true&customer_portal=true
  • Floor Number: 1
  • Homestead Y N: No
  • Number Of Pets: 2
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 0.95498
  • Price per Sq Ft: 388.89
  • Close to Original List Price Ratio: 0.94595
  • Ratio: Current Price\Building Area Total: 388.89
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Living Room/Dining Room Combo, Open Floorplan, Walk-In Closet(s)
  • Appliances Included: Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 1
  • Levels: One
  • Spa Yn: No
  • Stories: 1
  • Room Count: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Pool Features: Heated, In Ground, Outside Bath Access
  • Exterior Features: Irrigation System, Outdoor Grill
  • Roof: Shingle
  • Pool Private: No
  • Water Body Name: Intercoastal Waterway
  • Waterfront: Yes
  • Patio and Porch Features: Front Porch
  • Water Access: Bay/Harbor, Beach - Access Deeded, Beach - Private, Gulf/Ocean, Gulf/Ocean to Bay, Intracoastal Waterway
  • Water Extras: Fishing Pier
  • Water View Y N: No
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12081C0277E
  • Waterfront Frontage: 250
  • Water Frontage Feet I C W: 250

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: None, Open
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Public
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Fishing, Pool, Water Access
  • Association Amenities: Laundry, Pool
  • Association: No
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 879
  • Condo Fees Term: Monthly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 879
  • Association Fee Requirement: None
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 10548
  • Total Monthly Fees: 879

Lot Info

  • Zoning: R3
  • Parcel Number: 7700010059
  • Additional Parcels: No
  • Flood Zone Code: VE
  • Flood Zone Date: 2014-03-17
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes
  • Pet Size: Large (61-100 Lbs.)
  • Max Pet Weight: 75
  • Minimum Lease: No Minimum
  • Pet Restrictions: Pets are allowed as they don't become a nuisance.
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 2903
  • Tax Book Number: 32-36
  • Tax Lot: 1

Multi Family

  • Waterfront Features: Intracoastal Waterway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2018
Closed on
Dec 14, 2018
Sold by
Moss Cynthia J
Bought by
Lb Key Llc
Seller's Agent
Jay Travis
RE/MAX ALLIANCE GROUP
Buyer's Agent
Michaela Damm
MICHAELA DAMM & PARTNERS
List Price
$222,000
Sold Price
$210,000
Premium/Discount to List
-$12,000
-5.41%
Current Estimated Value
$330,322

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,322
Avg. Annual Appreciation
6.66%

Purchase Details

Closed on
Sep 15, 2004
Sold by
Teitelbaum Developers Inc
Bought by
Moss Cynthia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
5.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 4, 2004
Sold by
Teitelbaum Developers Inc
Bought by
Atkinson Begay B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 14, 2004
Sold by
Tradewinds Of Anna Maria Lc
Bought by
Teitelbaum Developers Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 13, 2001
Sold by
Baldwin John D
Bought by
Greer Cecilia
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lb Key Llc $210,000 Alliance Group Title Llc
Moss Cynthia J $295,000 --
Atkinson Begay B $295,000 --
Teitelbaum Developers Inc $4,750,000 --
Greer Cecilia -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moss Cynthia J $236,000
Previous Owner Atkinson Begay B $236,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2018 12/14/18 Sold $210,000 -4.5% $389 / Sq Ft
09/28/2018 09/28/18 Pending -- -- --
07/20/2018 07/20/18 Price Changed $219,900 -0.9% $407 / Sq Ft
04/13/2018 04/13/18 For Sale $222,000 -- $411 / 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 $5,326 $125,962 -- $125,962
2024 $5,326 $391,000 -- $391,000
2023 $5,403 $425,000 $0 $425,000
2022 $3,735 $241,500 $0 $241,500
2021 $3,158 $185,000 $0 $185,000
2020 $3,255 $182,000 $0 $182,000
2019 $3,184 $176,000 $0 $176,000
2018 $3,389 $190,000 $0 $0
2017 $2,903 $170,000 $0 $0
2016 $2,633 $151,500 $0 $0
2015 $2,367 $139,000 $0 $0
2014 $2,367 $134,901 $0 $0
2013 $2,148 $117,001 $1 $117,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4215405

Stellar MLS

APN: 77000-1005-9