NOT LISTED FOR SALE

302 Palm Ave Unit A & B Anna Maria, FL 34216

Estimated Value: $1,074,000 - $1,262,000

4 Beds
2 Baths
1,560 Sq Ft
$736/Sq Ft Est. Value

Last Sold July 01, 2024

Last sale price $1,200,000 $769 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $7,401/month

35 Days on Market

Highlights

  • No HOA
  • 1 Car Attached Garage
  • Ceiling Fan
  • Anna Maria Elementary School Rated A-
  • Central Heating and Cooling System
  • Fenced

About This Home

As of July 2024

~~~~~~ PRICE DROP & READY TO GO!! ~~~~~~~~
Ready to put claim your spot in paradise and live the Anna Maria Life? 302 Palm is just your spot! The location of this property is excellent! Close to all that makes up the vibe of Anna Maria. You are only a quick walk of 2 blocks to the oh so beautiful and inviting beaches of Anna Maria Island, 2 quick blocks to all the happenings on Pine Avenue. Enjoy the restaurants, the shopping and head to the City Pier for dinner or to throw a fishing pole in the water to catch some dinner. You are also only 2 blocks away from a Trolly stop to take you anywhere on the island you might want to wander. This property is the perfect size so you can build a great home to put into the very popular vacation rental world or a home to call your own. Come play in the sunshine whenever you have the urge or live the Anna Maria Life all year round.

Last Agent to Sell the Property

Billi Gartman

ANNA MARIA LIFE REAL ESTATE Brokerage Phone: 941-405-7657 License #3258158 Listed on: 04/04/2024

Last Buyer's Agent

Stephanie Bell

FRAN MAXON REAL ESTATE License #0603610

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,496

Year Built

  • Built in 1973

Lot Details

  • 6,380 Sq Ft Lot
  • Fenced

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,560 Sq Ft Home
  • Ceiling Fan

Kitchen

  • Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 1,876 Sq Ft Building
  • Bimini Bay Colony Club Sub Community
  • Bimini Bay Colony Club Subdivision

Listing and Financial Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,496

Year Built

Built in 1973

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1560
  • Lot Size Acres: 0.15
  • New Construction: No
  • Year Built: 1973
  • Building Area Total: 1876
  • Lot Size Sq Ft: 6380
  • Number Of Lots: 1
  • Directions to Property: West on Manatee Ave to Gulf Drive, go Right on Gulf Drive up into Anna Maria. Go right on Palm Ave and the home will be on your Left.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 556843911
  • RATIO Current Price By Calculate: 769.23
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_DockYN: 0
  • Attribution Contact: 941-405-7657
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Laminate
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Levels: One
  • Street Number Modifier: 302
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 144.93

Exterior Features

  • Exterior Features: Fence
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Disclosures: Seller Property Disclosure
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2021-08-10
  • Flood Zone Panel: 12081C0138F

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Driveway

Utilities

  • Utilities: Cable Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

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

Lot Info

  • Zoning: R1
  • Parcel Number: 7058900007
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 593

Green Features

  • Green Verification Count: 0

Rental Info

  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Please refer to the city of ANNA MARIA for any and all rules and regulations on renting in the city.

Multi Family

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

Tax Info

  • Tax Annual Amount: 15496
  • Tax Book Number: 10-14
  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2024
Closed on
Jun 19, 2024
Sold by
Foy Edward P and Foy Jennifer Silano
Bought by
302 Anna Maria Llc
Seller's Agent
Billi Gartman
ANNA MARIA LIFE REAL ESTATE
Buyer's Agent
Stephanie Bell
FRAN MAXON REAL ESTATE
List Price
$1,449,000
Sold Price
$1,200,000
Premium/Discount to List
-$249,000
-17.18%
Views
86
Current Estimated Value
$1,147,417

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$52,583
Avg. Annual Appreciation
-3.87%
Original Mortgage
$900,000
Outstanding Balance
$889,312
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$255,113

Purchase Details

Closed on
Aug 12, 2021
Sold by
Sikes W S
Bought by
Foy Edward P and Foy Jennifer Silano

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$649,600
Interest Rate
2.9%
Mortgage Type
Seller Take Back
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
302 Anna Maria Llc $1,200,000 None Listed On Document
Foy Edward P $719,600 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 302 Anna Maria Llc $900,000
Previous Owner Foy Edward P $649,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2024 07/01/24 Sold $1,200,000 -11.0% $769 / Sq Ft
05/10/2024 05/10/24 Pending -- -- --
05/01/2024 05/01/24 Price Changed $1,349,000 -6.9% $865 / Sq Ft
04/04/2024 04/04/24 For Sale $1,449,000 -- $929 / 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 $15,439 $1,165,743 $798,609 $367,134
2024 $15,439 $1,165,802 $798,609 $367,193
2023 $15,496 $1,183,182 $798,609 $384,573
2022 $9,893 $763,752 $484,340 $279,412
2021 $9,497 $609,988 $437,440 $172,548
2020 $9,122 $567,928 $398,300 $169,628
2019 $8,640 $547,878 $375,540 $172,338
2018 $8,230 $530,416 $375,540 $154,876
2017 $7,320 $506,330 $0 $0
2016 $6,855 $462,659 $0 $0
2015 $5,538 $450,650 $0 $0
2014 $5,538 $336,536 $0 $0
2013 $4,843 $268,179 $213,150 $55,029
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4605779

Stellar MLS

APN: 70589-0000-7