$290,000
SOLD APR 12, 2023

224 Rotonda Blvd W Unit A&B Rotonda West, FL 33947

-- Bed
-- Bath
2,032 Sq Ft
0.37 Acres

Recently Sold

$143 Per Sq Ft

3% Below List Price

287 Days on Market

Highlights

  • Stone Countertops
  • Outdoor Storage
  • Combination Dining and Living Room
  • Sliding Doors
  • Central Heating and Cooling System
  • Ceiling Fan

About This Home

As of April 2023

FIXER UPPER duplex with PROVEN INCOME RECORD on oversized lot in Rotonda West! Property has sustained substantial damage from Hurricane Ian. Seller does not warrant home or structure. In an abundance of caution, it is mandatory that all prospective buyers wear a mask before entering the property for your health and safety, it is unknown if there is mold present. Cash buyers only. Seller will make no credits or repairs for the buyer. -- Prior to Hurricane Ian the property was fully leased with an annual income of over $50,000, and this recently updated income-producing duplex provides the ideal investor opportunity in desirable Rotonda West. Each unit has its own carport with space for two vehicles and driveway space for guests. These identical units each have 2 bedrooms and 2 bathrooms, and each unit includes a private master suite. Featuring a full kitchen, generous combined living/dining space, tile floors and granite countertops throughout. Sliding glass doors lead from both the master bedrooms and the living spaces out to a back patio, which includes an enclosed laundry space housing a washer and dryer, and storage space. Rotonda West’s low annual HOA fee and minimal deed restrictions provides additional security to your investment while maintaining the quiet neighborhood. Close to beautiful gulf beaches, shopping, dining, and entertainment, these units can be rented annually or seasonally to maximize investor options. Multifamily properties are rarely available in this area so you do not want to miss out on this chance to own an established income-producing property in a highly sought after area! Call now to schedule a showing! -- Back on market after being taken temporarily off-market for due-diligence assessments following Hurricane Ian.

Last Agent to Sell the Property

Ryan Hesse

PARADISE EXCLUSIVE INC License #3387668 Listed on: 05/20/2022

PARADISE EXCLUSIVE INC

Co-Listed By

Scott Hesse

PARADISE EXCLUSIVE INC License #3318703

Last Buyer's Agent

Gabriele Extejt

PARADISE EXCLUSIVE INC License #3264634

PARADISE EXCLUSIVE INC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,339

Year Built

  • Built in 1990

HOA Fees

  • $16 Monthly HOA Fees

Parking

  • 4 Carport Spaces

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 2,032 Sq Ft Home
  • Ceiling Fan
  • Sliding Doors
  • Combination Dining and Living Room
  • Stone Countertops

Utilities

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

Additional Features

  • Outdoor Storage
  • 0.37 Acre Lot

Listing and Financial Details

Community Details

Overview

  • 3,222 Sq Ft Building
  • Derrick Hedges Association
  • Visit Association Website
  • Rotonda West Pebble Beach Community
  • Rotonda West Pebble Beach Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,339

Year Built

Built in 1990

Lot Details

0

HOA Fees

$16 per month

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 2032
  • Lot Size Acres: 0.37
  • New Construction: No
  • Year Built: 1990
  • Building Area Total: 3222
  • Lot Size Sq Ft: 15999
  • Directions to Property: Heading east on 776 turn right onto Placida Rd. Turn left onto Rotonda Blvd W. Pass Rotonda Cir and property will be on the left. Make a U-turn to access the driveway.
  • Status: Sold
  • Street Post Direction: W
  • Co List Office Mls Id: MFR256030010
  • Co List Office Phone: 941-698-0303
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow City: Venice
  • Escrow Postal Code: 34293
  • Escrow State: FL
  • Escrow Street Name: Woodmere Park Blvd #10
  • Escrow Street Number: 4130
  • List Office Head Office Key Nume: 1037924
  • RATIO Current Price By Calculate: 142.72
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 0
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Stone Counters, Thermostat
  • Foundation Details: Slab
  • Street Number Modifier: 224
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 188.78

Exterior Features

  • Exterior Features: Sidewalk, Sliding Doors, Storage
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2003-05-05
  • Flood Zone Panel: 12015C0193F

Garage/Parking

  • Carport Spaces: 4
  • Carport Y N: Yes
  • Garage Yn: No

Utilities

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

Condo/Co-op/Association

  • Association Fee: 190
  • Association Fee Frequency: Annually
  • Association Name: Derrick Hedges
  • Association: Yes
  • Senior Community: No
  • Association Fee Requirement: Required
  • Association Email: derrick@rotondawest.org
  • Association URL: www.rotondawest.org

Fee Information

  • Total Annual Fees: 190.00
  • Total Monthly Fees: 15.83
  • Monthly HOA Amount: 15.83

Lot Info

  • Zoning: RMF15
  • Parcel Number: 412023302005
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 1486

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Yes

Multi Family

  • Number Of Units Total: 2
  • Total Num Buildings: 1
  • Unit Count: 1

Tax Info

  • Tax Annual Amount: 4339
  • Tax Book Number: 8-13
  • Tax Lot: 39

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 2, 2023
Sold by
Spe #105 Llc
Bought by
Esb-Plus Management Corp
Current Estimated Value
$351,988

Purchase Details

Listed on
May 20, 2022
Closed on
Apr 12, 2023
Sold by
Rsp Capital Holdings Llc
Bought by
Spe #105 Llc
Seller's Agent
Ryan Hesse
PARADISE EXCLUSIVE INC
Buyer's Agent
Gabriele Extejt
PARADISE EXCLUSIVE INC
List Price
$300,000
Sold Price
$290,000
Premium/Discount to List
-$10,000
-3.33%
Views
33

Purchase Details

Closed on
Mar 30, 2022
Sold by
Stefano Ferrante
Bought by
223 Rotonda Inc

Purchase Details

Listed on
Aug 1, 2017
Closed on
Nov 14, 2017
Sold by
Hubbard Wendy R and Lucille M Pellett Revocable Li
Bought by
Capital Holdings Llc
Seller's Agent
Revis Flowers
REVIS G. FLOWERS
Buyer's Agent
Matthew Patterson
KW PEACE RIVER PARTNERS
List Price
$175,000
Sold Price
$137,500
Premium/Discount to List
-$37,500
-21.43%

Purchase Details

Closed on
Feb 2, 2009
Sold by
Pellett Lucille M and Pellett Charlotte M
Bought by
Pellett Lucille M and Pellett Charlotte M
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 Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed $290,000 None Listed On Document
Quit Claim Deed -- None Listed On Document
Warranty Deed $137,500 American Title Corp
Interfamily Deed Transfer -- Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2023 04/12/23 Sold $290,000 -3.3% $143 / Sq Ft
03/04/2023 03/04/23 Pending -- -- --
02/24/2023 02/24/23 Price Changed $300,000 0.0% $148 / Sq Ft
02/24/2023 02/24/23 For Sale $300,000 +3.4% $148 / Sq Ft
10/21/2022 10/21/22 Off Market $290,000 -- --
08/08/2022 08/08/22 Price Changed $595,000 -0.8% $293 / Sq Ft
05/20/2022 05/20/22 For Sale $600,000 +336.4% $295 / Sq Ft
02/14/2018 02/14/18 Off Market $137,500 -- --
11/16/2017 11/16/17 Sold $137,500 -21.4% $68 / Sq Ft
10/18/2017 10/18/17 Pending -- -- --
10/17/2017 10/17/17 For Sale $175,000 +27.3% $86 / Sq Ft
10/11/2017 10/11/17 Off Market $137,500 -- --
08/01/2017 08/01/17 For Sale $175,000 -- $86 / 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
2024 $2,825 $319,532 $59,500 $260,032
2023 $2,825 $49,084 $0 $0
2022 $5,058 $242,441 $44,625 $197,816
2021 $4,339 $146,991 $21,250 $125,741
2020 $3,913 $146,925 $17,000 $129,925
2019 $3,399 $143,904 $17,000 $126,904
2018 $3,158 $138,242 $14,875 $123,367
2017 $2,934 $152,250 $14,025 $138,225
2016 $2,675 $94,718 $0 $0
2015 $2,525 $86,107 $0 $0
2014 $2,280 $78,279 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: D6125621

Stellar MLS

APN: 412023302005