$450,000
SOLD JUL 31, 2019
3 Beds
2.5 Baths
1,811 Sq Ft
$1,121/mo HOA Fee

Recently Sold

$248 Per Sq Ft

22% Below List Price

96 Days on Market

Highlights

  • Water access To Gulf or Ocean
  • Heated In Ground Pool
  • Open Floorplan
  • Private Beach
  • Partial Gulf or Ocean Views
  • Great Room

About This Home

As of April 2021

Bank Approved....Nestled among the oaks, and the Gulf of Mexico, this 3 Bedroom/2½ Bathroom unit at “The Palms” Condominiums, a 12-unit waterfront complex is directly on the shores of Manasota Key, one of our Enchanted Barrier Islands, and is being sold turnkey furnished. With over 1800 square feet of luxurious living space, this 2nd floor unit provides plenty of room to entertain guests while taking in the views of the beach & Gulf of Mexico from your generous-sized tiled and covered balcony which is ideal for watching the sunsets. Inside, the open concept, great room, dining area and kitchen flow together with tile on a diagonal. Granite counter-tops adorn the kitchen and breakfast bar. The large master suite includes a sitting area overlooking the Gulf and the attached master bath has a double-sink vanity, separate tub/shower and walk-in closet. On the opposite side of the unit are the spacious guest bedrooms, guest bathrooms and a full-size washer & dryer. The exterior storage room, offers ample space for bikes, beach chairs and more. Located very close to island restaurants, nightlife and shopping. Come see what one of Manasota Key’s finest beach front communities has to offer. Condo amenities include a heated pool, elevators, under building parking, BBQ grills, trash shute, and a common deck area at the edge of the wide, sandy beach.

Last Agent to Sell the Property

Ellen Baker

License #3102420 Listed on: 11/21/2018

Co-Listed By

Michael Hollenbeck

License #3101472

Last Buyer's Agent

Scott Cope

CHARLES RUTENBERG REALTY INC License #3231070

CHARLES RUTENBERG REALTY INC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,375

Year Built

  • Built in 2007

Lot Details

  • Private Beach
  • East Facing Home

HOA Fees

  • $1,121 Monthly HOA Fees

Home Design

  • Turnkey
  • Slab Foundation
  • Membrane Roofing
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,811 Sq Ft Home
  • 4-Story Property
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Blinds
  • Great Room
  • Combination Dining and Living Room
  • Storage Room
  • Inside Utility
  • Ceramic Tile Flooring
  • Partial Bay or Harbor Views

Kitchen

  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Heated In Ground Pool
  • Water access To Gulf or Ocean
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool, insurance, maintenance structure, ground maintenance, sewer, trash
  • Palms Of Manasota Key Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Community Pool

Pet Policy

  • 2 Pets Allowed
  • Extra large pets allowed

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,375

Year Built

Built in 2007

Lot Details

0

HOA Fees

$1,121 per month

Listing Details

  • HOA Fee Includes: Community Pool, Insurance, Maintenance Structure, Maintenance Grounds, Sewer, Trash
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1811
  • New Construction: No
  • Year Built: 2007
  • Building Area Total: 1811
  • Directions to Property: From SR776, head SW onto Beach Rd. Go approx. 1.5 miles, go left thru the round-about, go approx. 1/3 mile. Complex on Right at corner of Gulf Blvd and Meredith. Park under bldg in non-assigned, or "Owner Guest" # 8 spot.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=D6103644&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=D6103644&cview=true&show_results=true&customer_portal=true
  • Floor Number: 2
  • Homestead Y N: No
  • Number Of Pets: 2
  • Unit Number Y N: No
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.84922
  • Price per Sq Ft: 248.48
  • Close to Original List Price Ratio: 0.78261
  • Ratio: Current Price\Building Area Total: 248.48
  • View: No
  • Co List Office Mls Id: 256010051
  • Co List Office Phone: 941-473-7750
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: 4108

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Built in Features, Ceiling Fans(s), Elevator, Living Room/Dining Room Combo, Open Floorplan, Split Bedroom, Stone Counters
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 4
  • Window Features: Blinds
  • Street Number Modifier: 50
  • Room Count: 6
  • Additional Rooms: Great Room, Inside Utility, Storage Rooms
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Pool Features: Heated, In Ground
  • Exterior Features: Balcony
  • Roof: Membrane
  • Pool Private: No
  • Water Body Name: Gulf Of Mexico
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View: Gulf/Ocean - Partial
  • Water Access: Beach - Private, Gulf/Ocean
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12015C0186F

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Assigned, Underground
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Public Remarks Required: Short Sale.
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Pool, Water Access
  • Association: No
  • Security: Fire Sprinkler System, Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 3364
  • Condo Fees Term: Quarterly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 1121
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 13456
  • Total Monthly Fees: 1121.33

Lot Info

  • Zoning: MMF12
  • Parcel Number: 411912810008
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Flood Zone Date: 2003-05-05
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Turnkey
  • Pets Allowed: Number Limit, Yes
  • Pet Size: Extra Large (101+ Lbs.)
  • Minimum Lease: 1 Week
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: See Condo Docs

Tax Info

  • Tax Annual Amount: 6375
  • Tax Lot: 50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2020
Closed on
Apr 19, 2021
Sold by
Soper Steven A and Soper Dana W
Bought by
Bianconi David and Bianconi Michele R
Seller's Agent
Scott Cope
CHARLES RUTENBERG REALTY INC
Buyer's Agent
Traci Creighton
KELLER WILLIAMS ISLAND LIFE REAL ESTATE
List Price
$769,000
Sold Price
$690,000
Premium/Discount to List
-$79,000
-10.27%
Current Estimated Value
$867,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,980
Avg. Annual Appreciation
6.63%

Purchase Details

Listed on
Nov 21, 2018
Closed on
Jul 30, 2019
Sold by
Factor Lewis H
Bought by
Soper Steven A and Soper Dana W
Seller's Agent
Ellen Baker
Buyer's Agent
Scott Cope
CHARLES RUTENBERG REALTY INC
List Price
$575,000
Sold Price
$450,000
Premium/Discount to List
-$125,000
-21.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.21%
Original Mortgage
$460,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 30, 2007
Sold by
Page Iv Llc
Bought by
Factor Lewis H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$451,999
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Warranty Deed $690,000 Hometown Ttl & Closing Svcs
Warranty Deed $450,000 Msc Title Inc
Warranty Deed $650,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $460,000 Adjustable Rate Mortgage/ARM
Previous Owner $451,999 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2021 04/19/21 Sold $690,000 -6.6% $381 / Sq Ft
03/18/2021 03/18/21 Pending -- -- --
12/14/2020 12/14/20 Price Changed $739,000 -3.9% $408 / Sq Ft
09/04/2020 09/04/20 For Sale $769,000 +70.9% $425 / Sq Ft
07/31/2019 07/31/19 Sold $450,000 -15.1% $248 / Sq Ft
02/25/2019 02/25/19 Pending -- -- --
02/13/2019 02/13/19 Price Changed $529,900 -7.8% $293 / Sq Ft
11/21/2018 11/21/18 For Sale $575,000 -- $318 / 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
2023 $11,836 $644,786 $0 $0
2022 $10,430 $586,169 $0 $586,169
2021 $8,054 $446,412 $0 $446,412
2020 $7,226 $381,759 $0 $381,759
2019 $6,330 $330,960 $0 $330,960
2018 $6,376 $327,882 $0 $327,882
2017 $6,075 $330,960 $0 $0
2016 $6,219 $320,378 $0 $0
2015 $5,692 $291,253 $0 $0
2014 $5,079 $264,775 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: D6103644

Stellar MLS

APN: 411912810008