NOT LISTED FOR SALE

503 Gulf Dr S Bradenton Beach, FL 34217

Estimated Value: $970,000 - $6,007,036

3 Beds
3 Baths
1,296 Sq Ft
$2,772/Sq Ft Est. Value

Last Sold March 22, 2021

Last sale price $1,100,000 $849 Per Sq Ft

Est. 227% increase in value since last sale

Current estimated payment $20,838/month

1 Day on Market

Highlights

  • Property fronts gulf or ocean
  • Anna Maria Elementary School Rated A-
  • 1-minute walk to Cortez Beach

About This Home

As of March 2021

For MLS purposes Only- Bradenton Beach Triplex with Unobstructed Direct Gulf Views. Each unit has 1BR/1BA and covered parking.

Last Agent to Sell the Property

Stephanie Bell

FRAN MAXON REAL ESTATE License #0603610 Listed on: 03/21/2021

Last Buyer's Agent

Stephanie Bell

FRAN MAXON REAL ESTATE License #0603610 Listed on: 03/21/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,532

Year Built

  • Built in 1978

Lot Details

  • 5,001 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Property fronts gulf or ocean

Parking

  • 6 Carport Spaces

Home Design

  • Triplex
  • Wood Frame Construction
  • Shingle Roof
  • Pile Dwellings

Interior Spaces

  • 1,296 Sq Ft Home
  • Water Views

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Legal Lot and Block 1 / 10
  • Assessor Parcel Number 7744900007

Community Details

Overview

  • 3 Units
  • Cortez Beach Community
  • Cortez Beach Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,532

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Water View: Yes
  • Construction Materials: Wood Frame
  • Living Area: 1296.00
  • Lot Size Acres: 0.11
  • Year Built: 1978
  • Lot Size Sq Ft: 5001
  • Directions to Property: West on Cortez Road to Anna Maria Island. South on Gulf Drive to Property.
  • Escrow State: FL
  • List Office Head Office Key Nume: 1044481
  • Status: Sold
  • Street Post Direction: S
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Foundation Details: Stilt/On Piling
  • Living Area Meters: 120.40
  • Street Number Modifier: 503

Exterior Features

  • Waterfront Feet Gulf Ocean: 100
  • Water Access: Gulf/Ocean
  • Roof: Shingle
  • Water View: Gulf/Ocean - Full
  • Flood Zone Code: AE
  • Water Access: Yes
  • Waterfront: Yes

Garage/Parking

  • Carport Spaces: 6
  • Carport Y N: Yes
  • Parking Features: Covered

Utilities

  • Utilities: Public
  • Cooling: Wall/Window Unit(s)
  • Heating: Wall Units / Window Unit
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • S W Subdiv Community Name: Cortez Beach

Fee Information

  • Waterfront Frontage: 100

Lot Info

  • Total Acreage: 0 to less than 1/4
  • Zoning: R2
  • Parcel Number: 7744900007
  • Lot Dimensions: 50x100
  • Lot Size Square Meters: 465

Rental Info

  • Additional Lease Restrictions: Refer to City of Bradenton Beach Ordinance
  • Lease Restrictions: Yes
  • Pets Allowed: Yes

Multi Family

  • Total Num Buildings: 1
  • Unit Count: 1
  • Number Of Units Total: 3
  • Waterfront Features: Gulf/Ocean

Tax Info

  • Tax Annual Amount: 9532.19
  • Tax Block: 10
  • Tax Book Number: 1-203
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2021
Closed on
Mar 22, 2021
Sold by
Caltagirone Michael A
Bought by
503 Gulf Dr Llc
Seller's Agent
Stephanie Bell
FRAN MAXON REAL ESTATE
Buyer's Agent
Stephanie Bell
FRAN MAXON REAL ESTATE
List Price
$1,100,000
Sold Price
$1,100,000
Current Estimated Value
$3,592,259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,492,259
Avg. Annual Appreciation
33.24%
Original Mortgage
$825,000
Outstanding Balance
$748,252
Interest Rate
2.73%
Mortgage Type
Commercial
Estimated Equity
$3,129,261

Purchase Details

Closed on
May 15, 2013
Sold by
Caltagirone Philip
Bought by
Caltagirone Philip P and Caltagirone Jennie D

Purchase Details

Closed on
Mar 26, 2008
Sold by
Caltagirone Michael A
Bought by
The Michael A Caltagirone Revocable Tr
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
503 Gulf Dr Llc $1,100,000 Attorney
Caltagirone Philip P -- Attorney
The Michael A Caltagirone Revocable Tr -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 503 Gulf Dr Llc $825,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2021 03/22/21 Sold $1,100,000 0.0% $849 / Sq Ft
03/22/2021 03/22/21 Pending -- -- --
03/21/2021 03/21/21 For Sale $1,100,000 -- $849 / 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 $14,040 $892,500 $892,500 --
2023 $12,003 $892,500 $892,500 $0
2022 $14,630 $885,722 $580,000 $305,722
2021 $9,870 $675,948 $510,000 $165,948
2020 $9,532 $623,547 $470,000 $153,547
2019 $9,247 $626,388 $470,000 $156,388
2018 $8,909 $613,431 $470,000 $143,431
2017 $7,703 $567,010 $0 $0
2016 $7,036 $504,676 $0 $0
2015 $4,991 $306,012 $0 $0
2014 $4,991 $267,704 $0 $0
2013 $4,814 $254,402 $142,300 $112,102
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4495138

Stellar MLS

APN: 77449-0000-7