NOT LISTED FOR SALE

401 Gulf Dr N Unit A,B,C Bradenton Beach, FL 34217

Estimated Value: $752,000 - $1,411,000

3 Beds
3 Baths
2,214 Sq Ft
$528/Sq Ft Est. Value

Last Sold November 22, 2021

Last sale price $1,095,000 $495 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $7,626/month

108 Days on Market

Highlights

  • Full Gulf or Ocean Views
  • Deck
  • Balcony
  • Anna Maria Elementary School Rated A-
  • No HOA
  • Porch

About This Home

As of November 2021

Enjoy spectacular sunsets from these 3 adorable bungalows that are just steps from the sugar sand beach and crystal blue waters of the Gulf of Mexico. This triplex offers 2 ground level 1BD/1BA units and 1 elevated 1BD/1BA unit all offered turnkey furnished and meticulously maintained. This is an active vacation rental that has over 300 5 star reviews and a fantastic rental history. Just a short stroll to all the great shops and restaurants and there is a trolley stop right around the corner too. What are you waiting for? Don't let this perfect slice of island life pass you by on AMI!

Last Agent to Sell the Property

Darcie Duncan

DUNCAN REAL ESTATE, INC. License #0554987 Listed on: 05/28/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,962

Year Built

  • Built in 1950

Lot Details

  • 5,201 Sq Ft Lot
  • Lot Dimensions are 52x100

Home Design

  • Triplex
  • Turnkey
  • Slab Foundation
  • Wood Frame Construction
  • Metal Roof
  • Block Exterior

Interior Spaces

  • 2,214 Sq Ft Home
  • Ceramic Tile Flooring
  • Full Gulf or Ocean Views

Parking

  • 1 Carport Space
  • Open Parking

Outdoor Features

  • Outdoor Shower
  • Balcony
  • Deck
  • Exterior Lighting
  • Outdoor Grill
  • Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • High Speed Internet

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • 2,214 Sq Ft Building
  • Stones Resub Community
  • Stones Resubdivided Subdivision
  • Rental Restrictions

Building Details

  • Gross Income $120,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,962

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Construction Materials: Block, Wood Frame
  • Fireplace: No
  • Living Area: 2214
  • Lot Size Acres: 0.12
  • New Construction: No
  • Year Built: 1950
  • Building Area Total: 2214
  • Lot Size Sq Ft: 5201
  • Directions to Property: South of Cortez Road on Gulf Drive.
  • Status: Sold
  • Street Post Direction: N
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4502295?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4502295?w=Customer
  • Unit Count: 3
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 494.58
  • Close to Original List Price Ratio: 0.57784
  • Ratio: Current Price\Building Area Total: 494.58
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Foundation Details: Slab
  • Levels: One
  • Street Number Modifier: 401
  • Number Of Buildings: 2

Exterior Features

  • Exterior Features: Balcony, Lighting, Outdoor Grill, Outdoor Shower
  • Roof: Metal
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Deck, Porch
  • Road Surface Type: Paved
  • Water View: Gulf/Ocean - Full
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: None

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Open
  • Covered Parking Spaces: 1
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Public
  • Cooling: Wall/Window Unit(s)
  • Heating: Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

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

Lot Info

  • Zoning: R3
  • Parcel Number: 7718300002
  • Additional Parcels: No
  • Lot Dimensions: 52x100
  • Flood Zone Code: AE/VE

Rental Info

  • Furnished: Turnkey
  • Minimum Lease: 1-7 Days
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Please refer to the Bradenton Beach Rental Ordinance

Multi Family

  • Gross Income: 120000
  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 7962.5
  • Tax Book Number: 4-51
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 29, 2023
Sold by
Lawrence Perry and Lawrence Randy
Bought by
Lawrence Randy
Current Estimated Value
$1,124,686

Purchase Details

Listed on
May 28, 2021
Closed on
Nov 22, 2021
Sold by
Allen Randy L and Randy L Allen Revocable Living
Bought by
Lawrence Perry and Lawrence Randy
Seller's Agent
Darcie Duncan
DUNCAN REAL ESTATE, INC.
List Price
$1,895,000
Sold Price
$1,095,000
Premium/Discount to List
-$800,000
-42.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.72%
Original Mortgage
$821,250
Interest Rate
2.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 2015
Sold by
Allen Randy L
Bought by
Allen Randy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
3.92%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 4, 2009
Sold by
Bank Of America National Association
Bought by
Allen Randy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,714
Interest Rate
4.68%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 17, 2009
Sold by
Way Kenneth
Bought by
Lasalle Bank Na

Purchase Details

Closed on
Oct 17, 2006
Sold by
Lepzinski Mark and Hegarty Russ
Bought by
Way Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$637,000
Interest Rate
8.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 8, 2005
Sold by
Stahley Dennis F and Stahley Vicki J
Bought by
Hegarty Russ and Way Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 27, 2000
Sold by
Stahley Dennis F and Stahley Vickie J
Bought by
Stahley Dennis F and Stahley Vickie J

Purchase Details

Closed on
Dec 29, 1999
Sold by
Repaid Ruth C
Bought by
Callahan Richard Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.68%

Purchase Details

Closed on
Oct 28, 1998
Sold by
Stahley Dennis F
Bought by
Stahley Doris and Stahley Dennis F
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lawrence Randy $40,000 None Listed On Document
Lawrence Perry $1,095,000 Barnes Walker Title Inc
Allen Randy L -- None Available
Allen Randy L $181,000 Servicelink
Lasalle Bank Na -- Attorney
Way Kenneth $400,000 Fidelity National Title
Hegarty Russ $585,000 Hoy Title Services Inc
Stahley Dennis F -- --
Callahan Richard Michael $100,000 --
Stahley Doris -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lawrence Perry $821,250
Previous Owner Allen Randy L $240,000
Previous Owner Allen Randy L $150,000
Previous Owner Allen Randy $19,714
Previous Owner Allen Randy L $144,800
Previous Owner Way Kenneth $637,000
Previous Owner Hegarty Russ $600,000
Previous Owner Stahley Dennis F $95,300
Previous Owner Stahley Dennis F $55,000
Previous Owner Callahan Richard Michael $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2021 11/22/21 Sold $1,095,000 0.0% $495 / Sq Ft
09/12/2021 09/12/21 Pending -- -- --
09/06/2021 09/06/21 Price Changed $1,095,000 -26.8% $495 / Sq Ft
07/16/2021 07/16/21 Price Changed $1,495,000 -16.7% $675 / Sq Ft
06/03/2021 06/03/21 Price Changed $1,795,000 -5.3% $811 / Sq Ft
05/27/2021 05/27/21 For Sale $1,895,000 -- $856 / 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 $17,979 $1,059,385 $433,500 $625,885
2023 $17,660 $1,071,096 $433,500 $637,596
2022 $4,517 $899,518 $275,400 $624,118
2021 $4,517 $474,375 $244,800 $229,575
2020 $7,963 $439,760 $224,400 $215,360
2019 $7,645 $436,797 $224,400 $212,397
2018 $7,284 $420,664 $224,400 $196,264
2017 $6,362 $391,688 $0 $0
2016 $5,658 $325,139 $0 $0
2015 $3,918 $249,249 $0 $0
2014 $3,918 $242,897 $0 $0
2013 $3,743 $219,590 $100,200 $119,390
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4502295

Stellar MLS

APN: 77183-0000-2