NOT LISTED FOR SALE

3805 E Bay Dr Unit 307 Holmes Beach, FL 34217

Estimated Value: $425,000 - $509,000

2 Beds
2 Baths
1,146 Sq Ft
$832/ mo HOA Fee

Last Sold April 28, 2023

Last sale price $525,000 $458 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $3,855/month

54 Days on Market

Highlights

  • White Water Ocean Views
  • Fishing Pier
  • Fitness Center
  • Community Boat Dock
  • Property Fronts a Bay or Harbor
  • Heated In Ground Pool

About This Home

As of April 2023

This is a great value! One of the best views on the island! Awesome bay views from this top floor direct bay front unit! Sunbow Bay is one of the island's hidden gems. The back of the complex is a waterfront oasis with beautiful grounds, a long fishing pier on the bay with places to dock a boat for the day and 4 kayak launches. There are two community pools, tennis courts, pickle ball, under building parking and inside storage cages for each condo. 3805 is the only building with a fitness room, meeting/party room, room for inside storage of bikes, workshop with shelf for each resident to keep materials, a kayak rack under building. Beach is just a couple blocks away. Outside grill available. Close to Publix, shops, restaurants, etc.

Take the elevator to the top floor (2nd above parking garage). This condo is a spacious 2BR/2BA has an updated kitchen with beautiful maple cabinets, several pull out drawers (even under sink) & pantry, lazy Susan. The stove vents outside (maybe only one that does per seller). Granite counters and pass through window. Kitchen sink was moved in front of pass through so you can see the bay while using the sink. There is room in the kitchen for dinette set. Kitchen faucet just replaced. Several residents have added washer & dryer in the units. There is a community laundry room too. Great room has light wood (oak) floors and beamed ceiling (no popcorn anymore on ceilings). The porch opens to great room and master bedroom. Master bedroom has large walk in closet, master bath has walk in shower, bidet and pedestal sink (could easily be changed to larger vanity) and cedar ceiling. Master toilet was just refurbished plus has new seat. Guest bedroom at opposite end of condo (split design). Closet was removed but can be replaced. Guest bath has tub and shower plus a beautiful cedar ceiling & recessed lighting. This condo has all cement beneath the bathroom shower tiles per seller. Very well built. Windows have been replaced (non-impact) since original per seller and there are hurricane shutters. A/C recently serviced, but very old. See updates to disclosure. Water heater is 1996, guest toilet and dishwasher need replacing. This is a diamond in the rough. It does need TLC, but the value is in the view.

In my opinion, this unit should be worth at least $700K if updated with today's upgrades & colors. Seller has been unable to make repairs and changes he wanted to before putting on market so this is being sold at rock bottom price.It is a STEAL AS IS!

You can change anything else, but this view is one in a million! Don't miss this!

Last Agent to Sell the Property

Gail Tutewiler

ISLAND REAL ESTATE-ANNA MARIA License #0697913 Listed on: 02/10/2023

Last Buyer's Agent

Hannah Hillyard

MICHAEL SAUNDERS & COMPANY License #3387020

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,867

Year Built

  • Built in 1979

Lot Details

  • Property Fronts a Bay or Harbor
  • Property fronts a saltwater canal
  • East Facing Home
  • Mature Landscaping
  • Landscaped with Trees

HOA Fees

  • $832 Monthly HOA Fees

Home Design

  • Elevated Home
  • Entry on the 3rd floor
  • Stem Wall Foundation
  • Membrane Roofing
  • Built-Up Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,146 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Shutters
  • Sliding Doors
  • Great Room
  • Combination Dining and Living Room
  • Storage Room
  • White Water Ocean Views

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Granite Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

Parking

  • Ground Level Parking
  • Guest Parking
  • Parking Garage Space

Eco-Friendly Details

  • Reclaimed Water Irrigation System

Pool

  • Heated In Ground Pool
  • Outside Bathroom Access
  • Pool Lighting

Outdoor Features

  • Fishing Pier
  • Access to Bay or Harbor
  • Seawall
  • Enclosed Patio or Porch
  • Separate Outdoor Workshop
  • Outdoor Storage

Location

  • Flood Zone Lot
  • Property is near public transit

Schools

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

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, pool, escrow reserves fund, insurance, internet, maintenance structure, ground maintenance, maintenance, management, pest control, sewer, trash, water
  • Kaitlyn Morkus Association, Phone Number (941) 348-2912
  • Sunbow Bay Condos
  • Sunbow Bay Community
  • Sunbow Bay Ph II Subdivision
  • On-Site Maintenance
  • Association Owns Recreation Facilities

Amenities

  • Laundry Facilities
  • Elevator
  • Community Storage Space

Recreation

  • Community Boat Dock
  • Tennis Courts
  • Pickleball Courts
  • Fitness Center
  • Community Pool
  • Fishing

Pet Policy

  • Pets up to 30 lbs

Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,867

Year Built

Built in 1979

Lot Details

0.54 Acres

HOA Fees

$832 per month

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Maintenance, Management, Pest Control, Pool, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Architectural Style: Elevated
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1146
  • Lot Size Acres: 0.54
  • New Construction: No
  • Year Built: 1979
  • Building Area Total: 1247
  • Lot Size Sq Ft: 23620
  • Status: Sold
  • Street Direction: E
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 115.85
  • Escrow State: FL
  • Floor Number: 3
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 458.12
  • Total Acreage: 1/2 to less than 1
  • Water Access YN: 1
  • Condo Fees Term: Monthly
  • Property Description: Elevated
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile, Vinyl, Wood
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, Living Room/Dining Room Combo, Master Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Ice Maker, Microwave, Range, Refrigerator
  • Foundation Details: Stem Wall
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: No
  • Stories: 1
  • Window Features: Shutters, Window Treatments
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Storage Rooms
  • Living Area Meters: 106.47

Exterior Features

  • Direction Faces: East
  • Other Structures: Storage, Tennis Court(s), Workshop
  • Pool Features: Heated, In Ground, Lighting, Outside Bath Access
  • Exterior Features: Hurricane Shutters, Irrigation System, Sliding Doors, Storage, Tennis Court(s)
  • Roof: Built-Up, Membrane
  • Home Warranty: No
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Enclosed, Rear Porch, Screened
  • Road Surface Type: Paved
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure
  • Water Access: Bay/Harbor
  • Water Extras: Fishing Pier,Seawall - Concrete
  • Water View: Bay/Harbor - Full
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Additional Water Information: Building sits on Bay (Anna Maria Sound), this unit has a direct bay view. There is a long dock/fishing pier/day dock plus other docks for kayaks in the complex.

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Covered, Ground Level, Guest, Under Building

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Fishing, Fitness Center, Irrigation-Reclaimed Water, Pool, Tennis Courts, Water Access, Waterfront
  • Association Amenities: Cable TV, Dock, Elevator(s), Fitness Center, Laundry, Maintenance, Pickleball Court(s), Pool, Storage
  • Association Name: Kaitlyn Morkus
  • Phone: (941) 348-2912
  • Association: No
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Complex Community Name Nccb: SUNBOW BAY
  • Pet Restrictions: City Rules: Pets on leash, pick up after. Sunbow Bay limits to 30 lbs. Must get board approval for more than one pet. Certified service animals are allowed as required by law.
  • Condo Fees: 832
  • Condo Land Included YN: 1
  • Max Pet Weight: 30
  • Association Email: kmorkus@resourcepropertymgmt.com
  • Monthly Condo Fee Amount: 832
  • Pet Size: Small (16-35 Lbs.)

Fee Information

  • Total Annual Fees: 9984.00
  • Total Monthly Fees: 832.00

Schools

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

Lot Info

  • Zoning: R3
  • Parcel Number: 7401412403
  • Additional Parcels: No
  • Lot Features: FloodZone, Near Public Transit, Paved
  • Property Attached Yn: Yes
  • Flood Zone Code: AE

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Min. 1 month rental.

Tax Info

  • Tax Annual Amount: 4867.25
  • Tax Book Number: 9-94
  • Tax Lot: 0

Multi Family

  • Waterfront Features: Bay/Harbor, Canal - Saltwater
  • Approval Process: Board approval and fee of $100 for a new renter. Approval form for each year, but no fee required for rentals in subsequent years.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2023
Closed on
Apr 28, 2023
Sold by
Harrington Michael S
Bought by
Davis Dennis L and Davis Holly A
Seller's Agent
Gail Tutewiler
ISLAND REAL ESTATE-ANNA MARIA
Buyer's Agent
Hannah Hillyard
MICHAEL SAUNDERS & COMPANY
List Price
$599,000
Sold Price
$525,000
Premium/Discount to List
-$74,000
-12.35%
Views
82
Current Estimated Value
$463,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$61,688
Avg. Annual Appreciation
-4.26%

Purchase Details

Closed on
Jan 31, 2017
Sold by
Stein Eleonore K and Stein Michael J
Bought by
Harrington Michael S
Source: Public Records
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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
Davis Dennis L $525,000 Barnes Walker Title
Harrington Michael S -- Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2023 04/28/23 Sold $525,000 -12.4% $458 / Sq Ft
04/06/2023 04/06/23 Pending -- -- --
04/04/2023 04/04/23 For Sale $599,000 0.0% $523 / Sq Ft
03/20/2023 03/20/23 Pending -- -- --
03/13/2023 03/13/23 Price Changed $599,000 -4.1% $523 / Sq Ft
02/25/2023 02/25/23 Price Changed $624,900 -3.8% $545 / Sq Ft
02/10/2023 02/10/23 For Sale $649,900 -- $567 / Sq Ft
Source: Stellar MLS

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 $7,667 $488,750 -- $488,750
2023 $4,984 $339,488 $0 $0
2022 $4,867 $329,600 $0 $0
2021 $4,716 $320,000 $0 $320,000
2020 $4,938 $320,000 $0 $320,000
2019 $4,892 $320,000 $0 $320,000
2018 $5,050 $290,000 $0 $0
2017 $1,662 $142,777 $0 $0
2016 $1,649 $139,840 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4560189

Stellar MLS

APN: 74014-1240-3

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