NOT LISTED FOR SALE

209 Magnolia Ave Anna Maria, FL 34216

Estimated Value: $3,040,071 - $3,199,000

5 Beds
4 Baths
2,549 Sq Ft
$1,221/Sq Ft Est. Value

Last Sold December 11, 2020

Last sale price $1,900,000 $745 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $20,191/month

2 Days on Market

Highlights

  • Heated In Ground Pool
  • Open Floorplan
  • Key West Architecture
  • Anna Maria Elementary School Rated A-
  • Cathedral Ceiling
  • 5-minute walk to Palmetto Ave Beach

About This Home

As of December 2020

This exceptional Anna Maria 5 bedroom, 4 bath home is situated in an ideal location next to the iconic Ginny and Jane E’s and surrounded by everything Anna Maria offers…the quaint Pine Avenue shops, world-class dining, the historic Anna Maria City Pier and the fabulous Gulf of Mexico beaches. Best of all, it is a well-established, high-performance, turnkey vacation rental investment property with 12-person (Bert Harris) occupancy granted by the City of Anna Maria (averaging $167,000 annual rental income over the last two calendar years). Carefully designed to maximize outdoor relaxation, the home features 4 large balconies and a spectacular rooftop deck with views of the Gulf. The amazing outdoor relaxation space features a sparkling heated pool & spa, outdoor pool table, foosball, bar area equipped with flatscreen TV, large dining table and multiple seating areas...all surrounded by tropical landscaping. The well-equipped kitchen and great room overlook a large balcony with spiral staircase to the pool area. Bedrooms include two complete master suites with king beds and luxurious master baths, two additional bedrooms featuring king beds, plus a fifth bedroom equipped with two bunk sets adjacent to a gaming/relaxing loft perfect for enjoying the big game or some family pinball. Consider the peace of mind and insurance savings offered by a newer, elevated island home (home was completed in 2015) equipped with metal roof and hurricane-rated window & doors. This is a great opportunity to own your piece of paradise and won’t last long.

Last Agent to Sell the Property

Duane Finney

ALLIANCE GROUP LIMITED License #3063534 Listed on: 10/29/2020

ALLIANCE GROUP LIMITED

Last Buyer's Agent

Robyn Hawk

DUNCAN REAL ESTATE, INC. License #3456614

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,994

Year Built

  • Built in 2015

Lot Details

  • 5,742 Sq Ft Lot
  • Northwest Facing Home
  • Irrigation
  • Property is zoned C1/R2

Parking

  • 4 Car Attached Garage
  • Garage Door Opener
  • Open Parking

Home Design

  • Key West Architecture
  • Elevated Home
  • Tri-Level Property
  • Slab Foundation
  • Wood Frame Construction
  • Metal Roof
  • Block Exterior

Interior Spaces

  • 2,549 Sq Ft Home
  • Open Floorplan
  • Furnished
  • Crown Molding
  • Cathedral Ceiling
  • Ceiling Fan
  • Thermal Windows
  • Blinds
  • Sliding Doors
  • Great Room
  • Family Room Off Kitchen
  • Loft
  • Bonus Room
  • Inside Utility
  • Ceramic Tile Flooring
  • Storm Windows

Kitchen

  • Eat-In Kitchen
  • Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Heated Spa
  • Pool Lighting

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Anna Maria Beach Community
  • Anna Maria Beach Sub Subdivision
  • Rental Restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,994

Year Built

Built in 2015

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Key West
  • Construction Materials: Block, Wood Frame
  • Fireplace: No
  • Living Area: 2549
  • Lot Size Acres: 0.13
  • New Construction: No
  • Year Built: 2015
  • Building Area Total: 4453
  • Lot Size Sq Ft: 5742
  • Directions to Property: North on Gulf Dr to right-hand turn on Magnolia Ave. 209 Magnolia is on your right.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4481975?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4481975?w=Customer
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Property Description: Elevated
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 1.00053
  • Price per Sq Ft: 745.39
  • Close to Original List Price Ratio: 1.00053
  • Ratio: Current Price\Building Area Total: 426.68
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 4
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Crown Molding, Eating Space In Kitchen, High Ceiling(s), Kitchen/Family Room Combo, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Levels: Three Or More
  • Spa Features: Heated
  • Spa Yn: Yes
  • Window Features: Blinds, Thermal Windows, Window Treatments, Storm Window(s)
  • Street Number Modifier: 209
  • Room Count: 9
  • Additional Rooms: Bonus Room, Great Room, Inside Utility, Loft

Exterior Features

  • Direction Faces: Northwest
  • Pool Features: Heated, In Ground, Lighting
  • Exterior Features: Balcony, Irrigation System, Sliding Doors
  • Roof: Metal
  • Pool Private: Yes
  • Waterfront: No
  • Patio and Porch Features: Covered
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12081C0138E
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 4
  • Garage Yn: Yes
  • Parking Features: Covered, Garage Door Opener
  • Covered Parking Spaces: 4
  • Open Parking: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Fee Requirement: None
  • 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: C1/R2
  • Parcel Number: 7017900209
  • Additional Parcels: No
  • Lot Features: Flood Insurance Required, FloodZone, In County
  • Flood Zone Code: AE
  • Flood Zone Date: 2014-03-17
  • Zoning Compatible Y N: Yes

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes
  • Minimum Lease: 1-7 Days
  • Num Timesper Year: 52
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Refer to the City of Anna Maria for vacation rental property rules

Tax Info

  • Tax Annual Amount: 20994
  • Tax Block: 21
  • Tax Lot: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 7, 2021
Sold by
Reohr Wesley and Reohr Sara
Bought by
Reohr Wesley D and Reohr Sara E
Current Estimated Value
$3,112,024

Purchase Details

Listed on
Oct 29, 2020
Closed on
Dec 11, 2020
Sold by
Shore To Please Magnolia Llc
Bought by
Reohr Wesley and Reohr Sara
Seller's Agent
Duane Finney
ALLIANCE GROUP LIMITED
Buyer's Agent
Robyn Hawk
DUNCAN REAL ESTATE, INC.
List Price
$1,899,000
Sold Price
$1,900,000
Premium/Discount to List
$1,000
0.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.04%
Original Mortgage
$1,520,000
Outstanding Balance
$1,358,742
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,753,282

Purchase Details

Listed on
Jun 9, 2017
Closed on
Aug 15, 2017
Sold by
Dsb Re Holdings Llc
Bought by
Shore To Please Magnolia
Seller's Agent
Cindy Quinn
SATO REAL ESTATE INC.
Buyer's Agent
Duane Finney
ALLIANCE GROUP LIMITED
List Price
$1,399,000
Sold Price
$1,380,000
Premium/Discount to List
-$19,000
-1.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.08%
Original Mortgage
$103,500
Interest Rate
3.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 20, 2013
Sold by
Anna Maria Village Llc
Bought by
Dsb Re Holdings Llc
Source: Public Records

Range of Values:

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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
Reohr Wesley D -- Accommodation
Reohr Wesley $19,000 Attorney
Shore To Please Magnolia $1,380,000 Attorney
Dsb Re Holdings Llc $500,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reohr Wesley $1,520,000
Previous Owner Shore To Please Magnolia $103,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2020 12/11/20 Sold $1,900,000 +0.1% $745 / Sq Ft
10/31/2020 10/31/20 Pending -- -- --
10/29/2020 10/29/20 For Sale $1,899,000 +37.6% $745 / Sq Ft
08/17/2018 08/17/18 Off Market $1,380,000 -- --
08/15/2017 08/15/17 Sold $1,380,000 -1.4% $541 / Sq Ft
06/23/2017 06/23/17 Pending -- -- --
06/08/2017 06/08/17 For Sale $1,399,000 -- $549 / 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 $38,824 $2,329,000 -- --
2024 $38,824 $3,186,402 $752,046 $2,434,356
2023 $38,744 $3,188,009 $752,046 $2,435,963
2022 $25,867 $2,289,888 $455,960 $1,833,928
2021 $24,833 $1,590,739 $412,360 $1,178,379
2020 $21,128 $1,286,161 $375,200 $910,961
2019 $20,994 $1,264,721 $353,760 $910,961
2018 $21,611 $1,286,699 $353,760 $932,939
2017 $18,490 $1,153,891 $0 $0
2016 $17,143 $1,039,564 $0 $0
2015 $5,324 $324,480 $0 $0
2014 $5,324 $298,410 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Duane Finney

    Seller's Agent in 2020

    Duane Finney

    ALLIANCE GROUP LIMITED

    (941) 224-5015

    4 in this area

    54 Total Sales

    Duane Finney
    Section Image
  • Robyn Hawk

    Buyer's Agent in 2020

    Robyn Hawk

    DUNCAN REAL ESTATE, INC.

    (574) 303-9385

    4 in this area

    26 Total Sales

    Robyn Hawk
    Section Image
  • Cindy Quinn

    Seller's Agent in 2017

    Cindy Quinn

    SATO REAL ESTATE INC.

    (941) 780-8000

    7 in this area

    170 Total Sales

    Cindy Quinn
    Section Image
  • Greg Bayer

    Seller Co-Listing Agent in 2017

    Greg Bayer

    ANNA MARIA ISLAND BEACHES RE

    (941) 799-9096

    19 in this area

    109 Total Sales

    Greg Bayer
    Section Image
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Map

Source: Stellar MLS

MLS Number: A4481975

Stellar MLS

APN: 70179-0020-9

Florida Manatee County Anna Maria

209 Magnolia Ave, Anna Maria, FL

This home is located at 209 Magnolia Ave, Anna Maria, FL 34216 since 29 October 2020 and is currently estimated at $3,112,024, approximately $1,220 per square foot. This property was built in 2015. 209 Magnolia Ave is a home located in Manatee County with nearby schools including Anna Maria Elementary School, Martha B. King Middle School, and Manatee High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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