NOT LISTED FOR SALE

1603 Gulf Dr N Unit 2 Bradenton Beach, FL 34217

Estimated Value: $300,000 - $377,000

1 Bed
1 Bath
540 Sq Ft
$1,756/mo HOA Fee

Last Sold October 10, 2018

Last sale price $212,000 $393 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $3,981/month

619 Days on Market

Highlights

  • Waterfront Community
  • Private Beach
  • Fishing
  • Water access To Gulf or Ocean
  • Heated Spa
  • Deck

About This Home

As of October 2018

One bedroom (attached duplex style) condo, stylishly decorated with tropical furnishings and soft colors, has a full kitchen, bedroom and bath with tub/shower, a queen sleeper sofa in the living room, and a private front porch. Beautiful covered Veranda is just next door. This unit is one of the closest to the Gulf of Mexico just across the dunes on the other side of Gulf Drive on a private sugar sand beach beside that glorious turquoise water you come to the island for and sunset views that promise to break your heart with their beauty. A free community laundry is available on premises. Also, numerous charcoal BBQ grills are set beside arbors shaded with flowering vines, with picnic tables beneath for al-fresco dining. Tradewinds Beach Resort is located on quaint Anna Maria Island in the Gulf of Mexico. This charming, old-fashioned 33 one-bedroom condo resort has pastel cottages covered with tangles of jasmine and bougainvillea that look like something seen on a postcard a century ago. The romantic cottages line both sides of a private street that ends at a large heated pool set among palm trees, and a fishing pier that juts into Sarasota Bay. Pet Friendly! Flexible nightly, weekly and long term rental policy is maximized with an on-site manager. Above all operating costs, proven cash flow. See the attachment with estimate for updating the unit.

Last Agent to Sell the Property

The Galletto Team

ISLAND REAL ESTATE-ANNA MARIA License #0664016 Listed on: 01/12/2017

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

  • Private Beach
  • Public Beach
  • End Unit
  • Street terminates at a dead end
  • Mature Landscaping
  • Irrigation
  • Landscaped with Trees

HOA Fees

  • $1,756 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Florida Architecture
  • Bungalow
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Siding

Interior Spaces

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

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

Pool

  • Heated Spa
  • Heated Pool
  • Outdoor Shower

Outdoor Features

  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • Deeded access to the beach
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting
  • Outdoor Grill

Location

  • Flood Zone Lot
  • Property is near public transit

Schools

  • Anna Maria Elementary School
  • Bayshore High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, escrow reserves fund, fidelity bond, insurance, internet, maintenance structure, ground maintenance, maintenance repairs, manager, pest control, private road, recreational facilities, sewer, trash, water
  • Tradewinds Condo Community
  • Tradewinds A Condo Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions

Recreation

  • Waterfront Community
  • 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

$1,756 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Private Road, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Bungalow, Florida, Other
  • Construction Materials: Siding, Wood Frame
  • 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=A4174307&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4174307&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
  • Property Description: Corner Unit, End Unit
  • Ratio: Close Price\List Price: 0.92576
  • Price per Sq Ft: 392.59
  • Close to Original List Price Ratio: 0.88703
  • Ratio: Current Price\Building Area Total: 392.59
  • View: No
  • Ownership: Condominium
  • 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), Living Room/Dining Room Combo
  • Appliances Included: Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 1
  • Levels: One
  • Spa Features: Heated
  • Spa Yn: Yes
  • Stories: 1
  • Window Features: Blinds
  • Room Count: 4
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Pool Features: Heated
  • Exterior Features: Balcony, Irrigation System, Lighting, Outdoor Grill, Outdoor Shower
  • Roof: Shingle
  • Pool Private: No
  • Road Frontage Type: Street Dead-End
  • Water Body Name: Gulf Of Mexico
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Road Surface Type: Paved
  • Water Access: Bay/Harbor, Beach - Access Deeded, Beach - Private, Beach - Public, Gulf/Ocean, Gulf/Ocean to Bay, Intracoastal Waterway
  • Water View Y N: No
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12081C0277E
  • Disclosures: Lead Paint

Garage/Parking

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

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Public
  • Cooling: Wall/Window Unit(s)
  • Heating: Wall Units / Window Unit
  • 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, Waterfront Complex
  • Association Amenities: Laundry, Maintenance
  • Association: No
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 878
  • Condo Fees Term: Monthly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 878
  • Association Fee Requirement: None
  • Montly Maint Amt Addition To H O A: 878
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 21072
  • Total Monthly Fees: 1756

Schools

  • Elementary School: Anna Maria Elementary
  • High School: Bayshore High

Lot Info

  • Zoning: R3
  • Parcel Number: 7700010109
  • Additional Parcels: No
  • Lot Features: FloodZone, Level, Near Public Transit
  • Property Attached Yn: Yes
  • Millage Rate: 16.19
  • 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: 1-7 Days
  • Approval Process: Buyer approval required
  • Pet Restrictions: 75 lb Pets are allowed as long as they do not create a nuisance
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 2903
  • Tax Book Number: 32-36
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2017
Closed on
Oct 10, 2018
Sold by
May Proudhove Christopher and May Proudhove Lrene
Bought by
Lb Key Llc
Seller's Agent
The Galletto Team
ISLAND REAL ESTATE-ANNA MARIA
Buyer's Agent
Michaela Damm
MICHAELA DAMM & PARTNERS
List Price
$239,000
Sold Price
$212,000
Premium/Discount to List
-$27,000
-11.3%
Current Estimated Value
$338,864

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,864
Avg. Annual Appreciation
6.74%

Purchase Details

Listed on
Feb 14, 2011
Closed on
Jan 24, 2012
Sold by
Blue Water Condos Llc
Bought by
Proudlove Christopher and Proudlove Irene May
Buyer's Agent
The Galletto Team
ISLAND REAL ESTATE-ANNA MARIA
List Price
$150,000
Sold Price
$150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.28%

Purchase Details

Closed on
Sep 29, 2009
Sold by
Renteria Esteban
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Aug 10, 2007
Sold by
Eagle Nest Botel Inc
Bought by
Blue Water Condos Llc

Purchase Details

Closed on
Jul 20, 2005
Sold by
Taylor Thadd C and Taylor Heather E
Bought by
Eagle Nest Botel Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,450
Interest Rate
5.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 27, 2004
Sold by
Teitelbaum Developers Inc
Bought by
Taylor Thadd C and Taylor Heather E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lb Key Llc $212,000 Barnes Walker Title Inc
Proudlove Christopher $150,000 Barnes Walker Title Inc
Hsbc Bank Usa National Association $15,100 Attorney
Blue Water Condos Llc $375,000 Attorney
Eagle Nest Botel Inc $363,500 --
Taylor Thadd C $310,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Eagle Nest Botel Inc $254,450
Previous Owner Taylor Thadd C $248,000
Closed Taylor Thadd C $31,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/10/2018 10/10/18 Sold $212,000 -7.4% $393 / Sq Ft
09/24/2018 09/24/18 Pending -- -- --
08/31/2018 08/31/18 Price Changed $229,000 -4.2% $424 / Sq Ft
01/12/2017 01/12/17 For Sale $239,000 +59.3% $443 / Sq Ft
01/24/2012 01/24/12 Sold $150,000 0.0% $278 / Sq Ft View Prior Sale
12/27/2011 12/27/11 Pending -- -- --
02/14/2011 02/14/11 For Sale $150,000 -- $278 / 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: A4174307

Stellar MLS

APN: 77000-1010-9