NOT LISTED FOR SALE

501 Gulf Dr N Unit 104 Bradenton Beach, FL 34217

Estimated Value: $486,604 - $555,000

2 Beds
2 Baths
1,000 Sq Ft
$803/mo HOA Fee

Last Sold November 17, 2023

Last sale price $568,000 $568 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $4,133/month

13 Days on Market

Highlights

  • Water access To Gulf or Ocean
  • Main Floor Primary Bedroom
  • Community Pool
  • Full Gulf or Ocean Views
  • Furnished
  • Elevator

About This Home

As of November 2023

DIRECT GULF FRONT UNIT in Bridgeport - a popular Gulf to Bay Community in Bradenton Beach located on the corner of Gulf Drive and Cortez Rd. Spectacular Full Gulf Views from your Deck, Living Room, Kitchen and Master Bedroom. Bridgeport is undergoing a huge renovation project. The complex currently boasts a New Roof and Re-surfaced Pool. Upcoming Building Upgrades include: concrete repairs, new exterior railings and walkways, lanai re-surfacing and a complete Exterior Paint Facelift. This unit offers 2 bedrooms and 2 baths, impact sliding doors from living area and master bedroom, plantation shutters and is offered turn-key furnished less personal exceptions. The Bridgeport Community provides deeded beach access directly across the street, designated covered parking, storage, elevator and a heated swimming pool. A perfect location with Gulf and Bay access, a leisurely stroll to the shops and dining that define Bridge Street and footpath access under the bridge to the quaint Cortez Fishing Village. The Sellers have paid the first quarterly special assessment of $15,000 leaving a balance of $33,000 to be paid over the course of the year. An opportunity to be a part of the new look with the added benefit of Full Gulf Views, Sounds and Access.

Last Agent to Sell the Property

Adele Holland

ISLAND REAL ESTATE-ANNA MARIA Brokerage Phone: 941-778-6066 License #3129696 Listed on: 10/04/2023

Co-Listed By

Josh Bernet, Iii

ISLAND REAL ESTATE-ANNA MARIA Brokerage Phone: 941-778-6066 License #3102913

Last Buyer's Agent

Marina Myers

FINE PROPERTIES License #3350606

FINE PROPERTIES

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,630

Year Built

  • Built in 1982

Lot Details

  • West Facing Home
  • Irrigation

HOA Fees

  • $803 Monthly HOA Fees

Parking

  • Parking Garage Space

Home Design

  • Entry on the 1st floor
  • Slab Foundation
  • Membrane Roofing
  • Built-Up Roof
  • Block Exterior

Interior Spaces

  • 1,000 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Sliding Doors
  • Full Gulf or Ocean Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Water access To Gulf or Ocean
  • Balcony
  • Exterior Lighting
  • Outdoor Storage

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • High Speed Internet

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, pool, escrow reserves fund, insurance, internet, maintenance structure, ground maintenance, maintenance, pest control, sewer, trash, water
  • Sunstate Management Group Michelle Tebo Association, Phone Number (941) 870-4920
  • Visit Association Website
  • Bridgeport Condominium Community
  • Bridgeport Subdivision
  • The community has rules related to deed restrictions, allowable golf cart usage in the community, no truck, recreational vehicles, or motorcycle parking

Amenities

  • Elevator
  • Community Storage Space

Recreation

  • Community Pool

Pet Policy

  • Pets up to 30 lbs
  • 1 Pet Allowed

Security

  • High Impact Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,630

Year Built

Built in 1982

Lot Details

0

HOA Fees

$803 per month

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Maintenance, Pest Control, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1000
  • New Construction: No
  • Year Built: 1982
  • Building Area Total: 1075
  • Status: Sold
  • Street Post Direction: N
  • Co List Office Mls Id: MFR266500093
  • Co List Office Phone: 941-778-6066
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 99.87
  • Escrow State: FL
  • Floor Number: 1
  • Minimum Lease: 1 Month
  • Number Of Pets: 1
  • RATIO Current Price By Calculate: 568.00
  • Total Acreage: Non-Applicable
  • Water Access YN: 1
  • MFR_NumAssignedParkingSpaces: 1
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Master Bedroom Main Floor, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 2
  • Window Features: Impact Glass/Storm Windows
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 92.90

Exterior Features

  • Direction Faces: West
  • Exterior Features: Balcony, Irrigation System, Lighting, Sliding Doors, Storage
  • Roof: Built-Up, Membrane
  • Pool Private: No
  • View: Water
  • Waterfront: No
  • Road Surface Type: Paved
  • Disclosures: Seller Property Disclosure
  • Water Access: Gulf/Ocean
  • Water View: Gulf/Ocean - Full
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Under Building

Utilities

  • Utilities: BB/HS Internet Available, Public
  • Cooling: Central Air
  • Heating: Central, Heat Pump
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Golf Carts OK, No Truck/RV/Motorcycle Parking, Pool, Sidewalks, Water Access
  • Association Amenities: Elevator(s), Pool, Storage
  • Association Fee: 803.37
  • Association Fee Frequency: Monthly
  • Association Name: Sunstate Management Group Michelle Tebo
  • Phone: 941-870-4920
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Association Fee Requirement: Required
  • Condo Land Included YN: 1
  • Max Pet Weight: 30
  • Pet Size: Small (16-35 Lbs.)
  • Association URL: https://www.bridgeportcoa.com

Fee Information

  • Total Annual Fees: 9640.44
  • Total Monthly Fees: 803.37
  • Monthly HOA Amount: 803.37

Schools

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

Lot Info

  • Zoning: R3
  • Parcel Number: 7714900250
  • Additional Parcels: No
  • Flood Zone Code: VE

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Verify Condo Docs for lease restrictions

Tax Info

  • Tax Annual Amount: 6630.16
  • Tax Book Number: 1024-637
  • Tax Lot: 104

Multi Family

  • Approval Process: Please review all attached condo documents.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2023
Closed on
Nov 17, 2023
Sold by
Nikolaisen Steve G and Nikolaisen Jodie M
Bought by
Chub Grub Llc
Seller's Agent
Adele Holland
ISLAND REAL ESTATE-ANNA MARIA
Buyer's Agent
Marina Myers
FINE PROPERTIES
List Price
$599,000
Sold Price
$568,000
Premium/Discount to List
-$31,000
-5.18%
Views
42
Current Estimated Value
$514,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$53,599
Avg. Annual Appreciation
-4.61%

Purchase Details

Closed on
Dec 12, 2002
Sold by
Phillips Frank
Bought by
Nikolaisen Steve G and Nikolaisen Jodie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
6.07%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 20, 2001
Sold by
Cofer Charlene
Bought by
Phillips Frank

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
7.18%

Purchase Details

Closed on
May 21, 2001
Sold by
Adams Merrill and Adams Faye P
Bought by
Cofer Charlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
6.98%

Purchase Details

Closed on
Aug 24, 2000
Sold by
Adams D Merrill and Adams Betty J
Bought by
Adams D Merrill and Adams Faye P
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chub Grub Llc $568,000 Properties Title
Nikolaisen Steve G $330,000 --
Phillips Frank $300,000 --
Cofer Charlene $220,000 --
Adams D Merrill -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nikolaisen Steve G $264,000
Previous Owner Phillips Frank $240,000
Previous Owner Cofer Charlene $176,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/17/2023 11/17/23 Sold $568,000 -5.2% $568 / Sq Ft
10/18/2023 10/18/23 Pending -- -- --
10/04/2023 10/04/23 For Sale $599,000 -- $599 / 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 $7,518 $153,213 -- $153,213
2024 $7,518 $476,000 -- $476,000
2023 $7,161 $488,750 $0 $488,750
2022 $6,630 $451,500 $0 $451,500
2021 $5,537 $340,000 $0 $340,000
2020 $5,315 $310,000 $0 $310,000
2019 $4,955 $285,000 $0 $285,000
2018 $5,441 $345,000 $0 $0
2017 $4,616 $301,900 $0 $0
2016 $4,104 $251,600 $0 $0
2015 $3,739 $213,260 $0 $0
2014 $3,739 $213,261 $0 $0
2013 $3,711 $209,079 $1 $209,078
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4584734

Stellar MLS

APN: 77149-0025-0