NOT LISTED FOR SALE

Estimated Value: $412,000 - $875,000

4 Beds
4 Baths
1,764 Sq Ft
$372/Sq Ft Est. Value

Last Sold June 28, 2023

Last sale price $914,000 $518 Per Sq Ft

Est. 28% decrease in value since last sale

Current estimated payment $4,668/month

63 Days on Market

Highlights

  • Deeded access to the beach
  • No HOA
  • Porch
  • Deck
  • Balcony
  • Screened Patio

About This Home

As of June 2023

This charming, two-story 4-plex on the bayside with private beach-deeded access to the Gulf. The top floor units offer limited bay views and two open decks, while the bottom two units come with screened lanais. Beautifully updated with granite and upgraded appliances in all four kitchens.
There are no HOA or rental restrictions, and the units can be rented by the day, week, or month. Perfect Beach Vacation rental for your portfolio.
Just steps away from beautiful Manasota Beach with miles of sandy beaches and aquamarine waters of the Gulf of Mexico, this property also offers a walking easement to Lemon Bay, for launching kayaks. Beach nourishment was completed in the summer of 2020.
All four units come with central heat and air conditioning, appliances, and full-size Samsung washer and dryer on site. Additionally, all units have updated electrical boxes, and all AC units were replaced in 2012. Three of the unit’s blower motors were replaced in 2022.
Don't miss out on this amazing opportunity to own a piece of paradise on Manasota Key on one of those unique properties that are hard to find. Very few permitted Quadraplexes to come available on the Key. Past rental history is available for financing options.

Last Agent to Sell the Property

Tayna Vy Lilly

SPECIALIZED REAL ESTATE LLC License #3278629 Listed on: 02/15/2023

Last Buyer's Agent

Robert Dinan

BETTER HOMES AND GARDENS REAL ESTATE ATCHLEY PROPE License #3278929

BETTER HOMES AND GARDENS REAL ESTATE ATCHLEY PROPE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,825

Year Built

  • Built in 1969

Lot Details

  • 7,815 Sq Ft Lot
  • Dirt Road
  • Street terminates at a dead end

Parking

  • Assigned Parking

Home Design

  • Quadruplex
  • Bi-Level Home
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Block Exterior
  • Vinyl Siding
  • Stucco

Interior Spaces

  • 1,764 Sq Ft Home
  • Ceiling Fan
  • Window Treatments
  • Ceramic Tile Flooring
  • Fire and Smoke Detector
  • Laundry Located Outside

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Deeded access to the beach
  • Access to Bay or Harbor
  • Balcony
  • Deck
  • Screened Patio
  • Rain Gutters
  • Porch

Location

  • Flood Zone Lot

Utilities

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

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 2,530 Sq Ft Building
  • Scotts Junglewood Beach Community
  • Scotts Junglewood Bch Club Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $37,785
  • Gross Income $116,111

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,825

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Construction Materials: Block, Stucco, Vinyl Siding, Wood Frame
  • Fireplace: No
  • Living Area: 1764
  • Lot Size Acres: 0.18
  • New Construction: No
  • Year Built: 1969
  • Building Area Total: 2530
  • Lot Size Sq Ft: 7815
  • Directions to Property: US Rt 776 (McCall Rd) to Beach Rd. Take a right at the circle to 5043 N Beach Rd. 5043 N Beach rd will be at the end of the private driveway on the left.
  • Status: Sold
  • Street Direction: N
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 171707784
  • Minimum Lease: 1-7 Days
  • RATIO Current Price By Calculate: 518.14
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 1
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Interior Amenities: Ceiling Fans(s), Thermostat, Window Treatments
  • Appliances Included: Dishwasher, Electric Water Heater, Microwave, Range
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: Two
  • Street Number Modifier: 5043
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 163.88

Exterior Features

  • Exterior Features: Balcony, Rain Gutters
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Deck, Porch, Screened
  • Road Surface Type: Dirt, Gravel
  • Disclosures: Lead Paint, Seller Property Disclosure
  • Water Access: Bay/Harbor,Beach - Access Deeded
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2003-05-02

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Assigned

Utilities

  • Utilities: Cable Connected, Electricity Connected, Phone Available, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Other, Outside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: MMF10
  • Parcel Number: 411902230004
  • Additional Parcels: No
  • Lot Features: FloodZone, Street Dead-End, Unpaved
  • Flood Zone Code: 11AE
  • Homestead YN: 0
  • Lot Size Square Meters: 726

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 0
  • Terms Of Lease: Other

Multi Family

  • Gross Income: 116111
  • Number Of Units Total: 4
  • Total Num Buildings: 1
  • Unit Count: 4

Tax Info

  • Tax Annual Amount: 9825.13
  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2021
Closed on
May 6, 2021
Sold by
Equity Trust Company
Bought by
Denco Properties Llc
Seller's Agent
Nicole Bass
BETTER HOMES AND GARDENS REAL ESTATE LIFESTYLES REALTY
Buyer's Agent
Tayna Vy Lilly
SPECIALIZED REAL ESTATE LLC
List Price
$525,000
Sold Price
$526,000
Premium/Discount to List
$1,000
0.19%
Current Estimated Value
$655,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,583
Avg. Annual Appreciation
5.28%
Original Mortgage
$375,000
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 29, 2012
Sold by
Federal National Mortgage Association
Bought by
Equity Trust Company

Purchase Details

Closed on
Oct 13, 2010
Sold by
Palmera Properties Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 26, 2007
Sold by
Kohs Stephen C and Kohs Donna A
Bought by
Palmera Properties Llc

Purchase Details

Closed on
Jul 31, 2000
Sold by
Smith Randy C and Smith Kathleen H
Bought by
Kohs Stephen C and Kohs Donna A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
8.23%

Purchase Details

Closed on
Jul 31, 1998
Sold by
Workman Carole
Bought by
Smith Randy C and Smith Kathleen H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.96%

Purchase Details

Closed on
Jul 30, 1998
Sold by
Chenault H Gene
Bought by
Smith Randy C and Smith Kathleen H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.96%

Purchase Details

Closed on
Jul 29, 1998
Sold by
Stuchlik Edwards Kenneth W and Stuchlik Edwards M Susan
Bought by
Smith Randy C and Smith Kathleen H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.96%

Purchase Details

Closed on
Jul 24, 1998
Sold by
Bloodsworth John F
Bought by
Smith Randy C and Smith Kathleen H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.96%
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
Denco Properties Llc $526,000 Suncoast One Ttl & Closings
Equity Trust Company $164,500 New House Title Llc
Federal National Mortgage Association -- None Available
Palmera Properties Llc -- Attorney
Kohs Stephen C $195,000 --
Smith Randy C $11,000 --
Smith Randy C $20,000 --
Smith Randy C $11,000 --
Smith Randy C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bolles Deborah Catherine $639,800
Closed Denco Properties Llc $375,000
Previous Owner Kohs Stephen C $240,000
Previous Owner Kohs Stephen C $175,000
Previous Owner Smith Randy C $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2023 06/28/23 Sold $914,000 -1.2% $518 / Sq Ft
04/20/2023 04/20/23 Pending -- -- --
04/13/2023 04/13/23 Price Changed $925,000 -2.6% $524 / Sq Ft
04/11/2023 04/11/23 For Sale $950,000 0.0% $539 / Sq Ft
03/04/2023 03/04/23 Pending -- -- --
02/15/2023 02/15/23 For Sale $950,000 +80.6% $539 / Sq Ft
05/07/2021 05/07/21 Sold $526,000 +0.2% $299 / Sq Ft
03/26/2021 03/26/21 Pending -- -- --
03/21/2021 03/21/21 For Sale $525,000 -- $299 / 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 $13,146 $562,784 $0 $0
2022 $12,124 $511,622 $282,200 $229,422
2021 $10,764 $447,970 $239,700 $208,270
2020 $9,825 $374,003 $239,700 $134,303
2019 $8,988 $333,088 $217,600 $115,488
2018 $8,311 $329,504 $217,600 $111,904
2017 $6,838 $364,422 $217,600 $146,822
2016 $6,091 $261,344 $0 $0
2015 $5,768 $237,585 $0 $0
2014 $5,450 $215,986 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4560896

Stellar MLS

APN: 411902230004