NOT LISTED FOR SALE

1603 Gulf Dr N Unit 8 Bradenton Beach, FL 34217

Estimated Value: $300,000 - $527,000

1 Bed
1 Bath
540 Sq Ft
$951/mo HOA Fee

Last Sold May 13, 2022

Last sale price $540,000 $1,000 Per Sq Ft

Est. 26% decrease in value since last sale

Current estimated payment $3,597/month

3 Days on Market

Highlights

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

About This Home

As of May 2022

Ideally set in one of the most sought after Resorts on the Island, this 1 bedroom 1 bathroom fully furnished West Indie style bungalow in Tradewinds is an adorable island retreat! W/ a built in rental program already in place that generated 60K in Gross Revenues in 2021!! The unit has been meticulously maintained having new AC and Roof. Tradewinds is literally only steps from your front door to the sandy beaches of beautiful Anna Maria Island! Wake up each morning and have your coffee with a sense of tranquility as you sit outside and enjoy the sunrise on your patio where you are graced by lush landscaping. Numerous charcoal BBQ grills set beside arbors shaded w/ flowering vines, w/ picnic tables beneath for al fresco dining. An adorable bungalow which has been brought to modern design w/ granite countertops,tasteful cabinetry, fresh paint,wide plank flooring,new kitchen appliances & furniture is Turnkey. Located on Anna Maria Island in the Gulf of Mexico off Southwest Florida's Sun Coast.A charming resort has pastel cottages covered with tangles of jasmine and bougainvillea. Romantic bungalows line both sides of the resort that ends at a large heated pool set among palm trees & a fishing pier that juts into Sarasota Bay. A private beach is located just across the street, beside that glorious turquoise water you're coming for & sunset views that promise to break your heart with their beauty. Numerous charcoal BBQ grills set beside arbors shaded w/ flowering vines, w/ picnic tables beneath for al fresco dining. Pet friendly too! There is an AWESOME RENTAL program already in place as mentioned, nightly,weekly & long term rental policy is maximized with professional-site management. Repeat & referral guests provide proven positive cash flow a profitable small rental business on day 1.

Last Agent to Sell the Property

ed pandos

EXP REALTY LLC License #3301521 Listed on: 04/11/2022

EXP REALTY LLC

Last Buyer's Agent

ed pandos

EXP REALTY LLC License #3301521 Listed on: 04/11/2022

EXP REALTY LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,158

Year Built

  • Built in 1971

Lot Details

  • 500 Feet of Waterfront
  • Property fronts an intracoastal waterway
  • Property Fronts a Bay or Harbor
  • Private Beach
  • Public Beach
  • South Facing Home
  • Irrigation

HOA Fees

  • $951 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Shingle Roof
  • Metal Siding

Interior Spaces

  • 540 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Ceramic Tile Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • In Ground Pool
  • Water access To Gulf or Ocean
  • Fishing Pier
  • Deeded access to the beach
  • Exterior Lighting
  • Outdoor Grill

Utilities

  • Central Air
  • Heating Available
  • Thermostat
  • 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, pool maintenance, sewer, trash, water
  • Anna Maria Island Resorts Llc Association, Phone Number (941) 778-0156
  • Tradewinds Condo Community
  • Tradewinds Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Community Pool
  • Fishing

Pet Policy

  • Pets up to 75 lbs
  • 2 Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,158

Year Built

Built in 1971

Lot Details

0

HOA Fees

$951 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Metal Siding, Other
  • Fireplace: No
  • Living Area: 540
  • New Construction: No
  • Year Built: 1971
  • Status: Sold
  • Street Post Direction: N
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4531334?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4531334?w=Customer
  • Floor Number: 1
  • Homestead Y N: No
  • Number Of Pets: 2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1.00019
  • Price per Sq Ft: 1000
  • Close to Original List Price Ratio: 1.00019
  • View: No
  • Ownership: Condominium
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Open Floorplan, Thermostat
  • Appliances Included: Dishwasher, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 1
  • Levels: One
  • Stories: 1
  • Room Count: 3

Exterior Features

  • Direction Faces: South
  • Pool Features: In Ground
  • Exterior Features: Irrigation System, Lighting, Outdoor Grill
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: Yes
  • Road Surface Type: Gravel, Other
  • Water Access: Bay/Harbor, Beach - Access Deeded, Beach - Private, Beach - Public, Gulf/Ocean
  • Water Extras: Fishing Pier
  • Water View Y N: No
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12081C0277F
  • Waterfront Frontage: 500
  • Water Frontage Feet I C W: 250
  • Water Frontage Feet Bay Harbor: 250
  • Disclosures: Condominium Disclosure Available, Lead Paint, Other, Seller Property Disclosure

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Street Lights
  • Cooling: Central Air
  • Heating: Electric
  • 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
  • Association Fee Frequency: Monthly
  • Association Name: Anna Maria Island Resorts LLC
  • Phone: 941-778-0156
  • Association: Yes
  • Senior Community: No
  • Condo Fees: 951
  • Condo Fees Term: Monthly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 951
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 11412
  • Total Monthly Fees: 951

Lot Info

  • Zoning: R3
  • Parcel Number: 7700010409
  • Additional Parcels: No
  • Flood Zone Code: VE
  • Flood Zone Date: 2021-08-10

Rental Info

  • Pets Allowed: Yes
  • Pet Size: Large (61-100 Lbs.)
  • Max Pet Weight: 75
  • Minimum Lease: No Minimum
  • Num Timesper Year: 365
  • Pet Restrictions: Two pets allowed up to 75Lbs each as long as they don't become a nuisance.
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 3158
  • Tax Book Number: 32-36
  • Tax Lot: 8

Multi Family

  • Waterfront Features: Bay/Harbor, Intracoastal Waterway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2022
Closed on
May 13, 2022
Sold by
Moulton Jeffrey B and Moulton Bonnie S
Bought by
Aufmann Family Trust
Seller's Agent
ed pandos
EXP REALTY LLC
Buyer's Agent
ed pandos
EXP REALTY LLC
List Price
$539,900
Sold Price
$540,000
Premium/Discount to List
$100
0.02%
Current Estimated Value
$398,819

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$141,181
Avg. Annual Appreciation
-8.07%

Purchase Details

Listed on
Oct 23, 2019
Closed on
Mar 13, 2020
Sold by
Grife Barry D and Grige Cindy
Bought by
Moulton Jeffery and Moulton Bonnie S
Seller's Agent
ed pandos
EXP REALTY LLC
Buyer's Agent
ed pandos
EXP REALTY LLC
List Price
$249,900
Sold Price
$225,000
Premium/Discount to List
-$24,900
-9.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
49.70%
Original Mortgage
$165,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 2011
Sold by
Schmidt Wanda S
Bought by
Grife Barry D and Grife Cindy A

Purchase Details

Closed on
Jul 2, 2004
Sold by
Teitelbaum Developers Inc
Bought by
Schmidt James H and Schmidt Wanda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 12, 2002
Sold by
Clerk Circuit Court
Bought by
Rent To Own Of Sarasota Inc

Purchase Details

Closed on
Feb 1, 2002
Sold by
Clerk Of The Circuit Court
Bought by
Rent To Own Of Sarasota Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Aufmann Family Trust $540,000 Berlin Patten Ebling Pllc
Moulton Jeffery $225,000 Attorney
Grife Barry D $160,000 Barnes Walker Title Inc
Schmidt James H $325,000 --
Rent To Own Of Sarasota Inc $40,000 --
Rent To Own Of Sarasota Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moulton Jeffery $165,000
Previous Owner Schmidt James H $260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/13/2022 05/13/22 Sold $540,000 0.0% $1,000 / Sq Ft
04/15/2022 04/15/22 Pending -- -- --
04/11/2022 04/11/22 For Sale $539,900 +140.0% $1,000 / Sq Ft
03/12/2020 03/12/20 Sold $225,000 -6.2% $417 / Sq Ft View Prior Sale
01/15/2020 01/15/20 Pending -- -- --
11/29/2019 11/29/19 Price Changed $239,900 -4.0% $444 / Sq Ft
10/23/2019 10/23/19 For Sale $249,900 -- $463 / 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 $6,599 $125,962 -- $125,962
2024 $6,599 $391,000 -- $391,000
2023 $7,215 $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

  • Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4531334

Stellar MLS

APN: 77000-1040-9