NOT LISTED FOR SALE

201 Palmetto Ave Anna Maria, FL 34216

Estimated Value: $3,963,000 - $4,564,474

5 Beds
5.5 Baths
3,410 Sq Ft
$1,240/Sq Ft Est. Value

Last Sold November 24, 2020

Last sale price $2,600,000 $762 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $27,011/month

9 Days on Market

Highlights

  • Property is near a marina
  • New Construction
  • Full Bay or Harbor Views
  • Anna Maria Elementary School Rated A-
  • Heated In Ground Pool
  • 2-minute walk to Palmetto Ave Beach

About This Home

As of November 2020

Look no more! Palmetto Pointe is a luxury home that really does offer it all. Exquisite coastal luxury 5 bedrooms, 5 and 1/2 baths, plus a bonus room, 2nd floor bar area and private pool located on the north end of Anna Maria Island. This coastal home is ideally located just one block to the beach and three short blocks the Pine Avenue. As you walk in the first living level you’ll find a large open concept dining, kitchen and living room. The upscale kitchen includes solid wood cabinets, quartz counter tops, stainless steel appliances, and large center island. Additionally, on this level you will find three bedrooms all with ensuites, plus an additional half bath. There are also multiple porches and decks to entertain family and friends and enjoy the outdoors. The top living level features two bedrooms both with ensuites. There’s an additional bonus entertainment area with an ice machine and beverage center. Just down the hall there’s adorable built-in bunks that offers additional sleeping. Each of the bedrooms is decorated with their own unique upscale design selections. The home offers three car garage offers plenty of storage and the elevator offers conveniences to all living levels. The backyard is a tropical oasis perfect for entertaining and relaxing next to the resort style heated pool with a ‘beach’ style walk in, plus a swim up bar and an eight person spa. The ground level entertainment area is incredible. There’s plenty of covered area for an outdoor living room set up to enjoy gatherings in comfort. It is truly entertaining at its best! But that’s not all, venture to the roof top deck where you’ll find spectacular views of the Gulf of Mexico, 360 degree views of island and peaks of the bay. Palmetto Pointe offers a wonderful opportunity to own in the City of Anna Maria, close to the beach and Pine Ave with all its wonderful shops and restaurants.

Last Agent to Sell the Property

Kimberly Roehl

ISLAND DESTINATIONS License #3088247 Listed on: 10/06/2020

Last Buyer's Agent

Hannah Hillyard

MICHAEL SAUNDERS & COMPANY License #3387020

MICHAEL SAUNDERS & COMPANY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,054

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 7,600 Sq Ft Lot
  • Lot Dimensions are 80x95
  • North Facing Home
  • Fenced
  • Mature Landscaping
  • Property is zoned R2

Parking

  • 2 Car Attached Garage

Home Design

  • Stem Wall Foundation
  • Wood Frame Construction
  • Metal Roof
  • Block Exterior

Interior Spaces

  • 3,410 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Built-In Features
  • Bar Fridge
  • High Ceiling
  • Tile Flooring
  • Full Bay or Harbor Views

Kitchen

  • Built-In Oven
  • Range
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Outdoor Shower
  • Pool Lighting

Outdoor Features

  • Property is near a marina
  • Balcony
  • Outdoor Grill
  • Rain Gutters

Location

  • Property is near a golf course

Schools

  • Anna Maria Elementary School
  • Martha B. King Middle School
  • Manatee High School

Utilities

  • Zoned Heating and Cooling
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • Arroyo The Community
  • Arroyo The Subdivision
  • Rental Restrictions

Amenities

  • Elevator

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,054

Year Built

Built in 2019 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Wood Frame
  • Fireplace: No
  • Living Area: 3410
  • Lot Size Acres: 0.17
  • New Construction: Yes
  • Year Built: 2019
  • Lot Size Sq Ft: 7600
  • Directions to Property: West on Manatee Ave, Right on Gulf Drive, Continue on to the corner of Palmetto Ave and Gulf Dr. The property will be on the right.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4480120?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4480120?w=Customer
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.96475
  • Price per Sq Ft: 762.46
  • Close to Original List Price Ratio: 0.96475
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: 4098

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Interior Amenities: Built in Features, Elevator, High Ceiling(s), Open Floorplan, Walk-In Closet(s)
  • Appliances Included: Bar Fridge, Built-In Oven, Dishwasher, Dryer, Electric Water Heater, Ice Maker, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Stem Wall
  • Total Bedrooms: 5
  • Levels: Three Or More
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 3
  • Street Number Modifier: 201
  • Room Count: 7

Exterior Features

  • Direction Faces: North
  • Pool Features: Gunite, Heated, In Ground, Lighting
  • Exterior Features: Balcony, Fenced, Outdoor Grill, Outdoor Shower, Rain Gutters
  • Roof: Metal
  • Pool Private: Yes
  • View: Water
  • Waterfront: No
  • Water View: Bay/Harbor - Partial, Gulf/Ocean - Partial
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Public
  • Cooling: Central Air, Zoned
  • Heating: Central, Electric
  • 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

  • Elementary School: Anna Maria Elementary
  • High School: Manatee High
  • Middle Or Junior School: Martha B. King Middle

Lot Info

  • Zoning: R2
  • Parcel Number: 7043700009
  • Additional Parcels: No
  • Lot Features: Near Golf Course, Near Marina
  • Lot Dimensions: 80x95
  • Flood Zone Code: AE

Rental Info

  • Minimum Lease: 1-7 Days
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: NA

Tax Info

  • Tax Annual Amount: 8053.52
  • Tax Book Number: 11-13
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2020
Closed on
Dec 1, 2020
Sold by
Duggan Brian M and Duggan Judith M
Bought by
Palmetto Blue Llc
Seller's Agent
Kimberly Roehl
ISLAND DESTINATIONS
Buyer's Agent
Hannah Hillyard
MICHAEL SAUNDERS & COMPANY
List Price
$2,695,000
Sold Price
$2,600,000
Premium/Discount to List
-$95,000
-3.53%
Current Estimated Value
$4,227,825

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,627,825
Avg. Annual Appreciation
10.68%
Original Mortgage
$510,400
Outstanding Balance
$455,614
Interest Rate
2.72%
Mortgage Type
New Conventional
Estimated Equity
$3,772,211

Purchase Details

Listed on
Oct 6, 2020
Closed on
Nov 24, 2020
Sold by
Palmetto 201 Llc
Bought by
Duggan Brian M and Duggan Judith M
Seller's Agent
Kimberly Roehl
ISLAND DESTINATIONS
Buyer's Agent
Hannah Hillyard
MICHAEL SAUNDERS & COMPANY
List Price
$2,695,000
Sold Price
$2,600,000
Premium/Discount to List
-$95,000
-3.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,400
Outstanding Balance
$455,614
Interest Rate
2.72%
Mortgage Type
New Conventional
Estimated Equity
$3,772,211

Purchase Details

Listed on
Oct 16, 2017
Closed on
Dec 22, 2017
Sold by
Antonio Velazquez Family Trust
Bought by
Palmetto 201 Llc
Seller's Agent
Darcie Duncan
DUNCAN REAL ESTATE, INC.
Buyer's Agent
Darcie Duncan
DUNCAN REAL ESTATE, INC.
List Price
$499,900
Sold Price
$490,000
Premium/Discount to List
-$9,900
-1.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
76.75%
Original Mortgage
$650,000
Interest Rate
3.92%
Mortgage Type
Balloon

Purchase Details

Closed on
Oct 10, 2006
Sold by
Velazquez Dolores Prida
Bought by
Velazquez Anthony E

Purchase Details

Closed on
Apr 25, 2005
Sold by
Velazquez Antonio and Velazquez Dolores
Bought by
Velazquez Antonio
Source: Public Records

Range of Values:

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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
Palmetto Blue Llc -- Attorney
Duggan Brian M $2,600,000 Attorney
Palmetto 201 Llc $490,000 Attorney
Velazquez Anthony E -- Attorney
Velazquez Antonio -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duggan Brian M $510,400
Open Duggan Brian M $1,569,600
Closed Duggan Brian $510,400
Previous Owner Palmetto 201 Llc $1,500,000
Previous Owner Palmetto 201 Llc $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2020 11/24/20 Sold $2,600,000 -3.5% $762 / Sq Ft
10/15/2020 10/15/20 Pending -- -- --
10/06/2020 10/06/20 For Sale $2,695,000 +450.0% $790 / Sq Ft
03/23/2018 03/23/18 Off Market $490,000 -- --
12/22/2017 12/22/17 Sold $490,000 -2.0% --
10/23/2017 10/23/17 Pending -- -- --
10/16/2017 10/16/17 For Sale $499,900 -- --
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 $49,836 $2,912,685 -- --
2024 $49,836 $4,149,511 $884,680 $3,264,831
2023 $49,736 $4,150,863 $884,680 $3,266,183
2022 $39,806 $3,001,089 $536,800 $2,464,289
2021 $31,190 $1,989,403 $483,800 $1,505,603
2020 $26,392 $1,598,441 $441,000 $1,157,441
2019 $8,054 $415,800 $415,800 $1,157,441
2018 $6,882 $415,800 $415,800 $0
2017 $5,682 $415,800 $0 $0
2016 $5,561 $415,800 $0 $0
2015 $4,404 $470,400 $0 $0
2014 $4,404 $302,400 $0 $0
2013 $3,619 $216,000 $216,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4480120

Stellar MLS

APN: 70437-0000-9