NOT LISTED FOR SALE

303 55th St Unit A Holmes Beach, FL 34217

Estimated Value: $1,097,652 - $1,864,000

3 Beds
2 Baths
1,760 Sq Ft
$796/Sq Ft Est. Value

Last Sold April 29, 2022

Last sale price $1,250,000 $710 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $8,032/month

61 Days on Market

Highlights

  • Parking available for a boat
  • No HOA
  • Central Air
  • Anna Maria Elementary School Rated A-
  • Shed
  • Heating Available

About This Home

As of April 2022

VALUE IS IN THE LAND! Own this unique piece property on the world renowned Anna Maria Island. This duplex features two units, a main unit with 2 bedrooms, 1 bathroom plus a sun room and a 1 bedroom 1 bathroom unit with a carport. Front unit completely updated in 2020. Endless possibilities for Investors. Develop the property to maximize the value in the land Current construction on adjacent property is 3 car garage, 3 floors, 3,000 sq'...) Buyer could rent on a weekly, monthly or seasonal basis with unlimited potential for income.

Last Agent to Sell the Property

Patrick Turner

WHITE SANDS REALTY GROUP FL License #3416292 Listed on: 02/09/2022

WHITE SANDS REALTY GROUP FL

Last Buyer's Agent

Sean Sabbia

RE/MAX ALLIANCE GROUP License #3370686

RE/MAX ALLIANCE GROUP

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,120

Year Built

  • Built in 1976

Lot Details

  • 8,499 Sq Ft Lot
  • Street terminates at a dead end

Home Design

  • 1,760 Sq Ft Home
  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Kitchen

  • Range
  • Dishwasher

Parking

  • 2 Carport Spaces
  • Parking available for a boat

Outdoor Features

  • Shed

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 2,015 Sq Ft Building
  • Holmes Beach Community
  • Holmes Beach 11Th Unit Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,120

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1760
  • Lot Size Acres: 0.2
  • New Construction: No
  • Year Built: 1976
  • Building Area Total: 2015
  • Lot Size Sq Ft: 8499
  • Directions to Property: Manatee Ave West (64) to Gulf Drive-Gulf Drive North to Right on Holmes Blvd North to 55th Street-Right on 55th Street and 303 is on the right.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4524012?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4524012?w=Customer
  • Unit Count: 2
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.83062
  • Price per Sq Ft: 710.23
  • Close to Original List Price Ratio: 0.96161
  • Ratio: Current Price\Building Area Total: 620.35
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Ninguno
  • Appliances Included: Dishwasher, Range, Refrigerator
  • Foundation Details: Slab
  • Street Number Modifier: 303
  • Number Of Buildings: 1

Exterior Features

  • Other Structures: Shed(s)
  • Exterior Features: Storage
  • Roof: Shingle
  • Pool Private: No
  • Road Frontage Type: Street Dead-End
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12081C0139F

Garage/Parking

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

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Zoning: R2
  • Parcel Number: 7213800001
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Flood Zone Date: 2021-08-10
  • Future Land Use: MULTI-FAM

Rental Info

  • Pets Allowed: Yes

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 7120
  • Tax Block: G
  • Tax Book Number: 1-181
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 26, 2007
Sold by
Billingsley Dolores R and Billingsley Steve E
Bought by
Tropical Isle Llc
Current Estimated Value
$1,400,663

Purchase Details

Closed on
Mar 31, 1999
Sold by
Fegan Henry and Fegan Lynn D Moery
Bought by
Billingsley Dolores R and Billingsley Steve E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
6.82%

Purchase Details

Closed on
Jan 23, 1998
Sold by
Fegan Lynn D Moery and Moery Lynn D
Bought by
Fegan Henry and Fegan Lynn D Moery

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,450
Interest Rate
7.07%
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
Tropical Isle Llc -- None Available
Billingsley Dolores R $142,500 --
Fegan Henry -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Billingsley Dolores R $114,000
Previous Owner Fegan Henry $76,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2022 04/29/22 Sold $1,250,000 -16.9% $710 / Sq Ft
04/05/2022 04/05/22 Pending -- -- --
04/01/2022 04/01/22 Price Changed $1,504,900 +20.4% $855 / Sq Ft
02/26/2022 02/26/22 For Sale -- -- --
02/12/2022 02/12/22 Off Market $1,250,000 -- --
02/03/2022 02/03/22 For Sale $1,299,900 -- $739 / 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 $8,237 $539,325 $539,325 --
2024 $8,237 $539,325 $539,325 --
2023 $14,585 $946,373 $539,325 $407,048
2022 $8,137 $592,983 $324,000 $268,983
2021 $7,120 $488,299 $324,000 $164,299
2020 $6,926 $456,608 $297,000 $159,608
2019 $6,556 $451,836 $297,000 $154,836
2018 $6,246 $441,479 $297,000 $144,479
2017 $5,569 $424,259 $0 $0
2016 $5,190 $381,223 $0 $0
2015 $3,484 $421,038 $0 $0
2014 $3,484 $191,221 $0 $0
2013 $3,409 $184,541 $123,300 $61,241
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4524012

Stellar MLS

APN: 72138-0000-1