NOT LISTED FOR SALE

506 S Bay Blvd Anna Maria, FL 34216

Estimated Value: $3,456,000 - $3,871,000

3 Beds
3 Baths
1,295 Sq Ft
$2,851/Sq Ft Est. Value

Last Sold November 29, 2018

Last sale price $1,325,000 $1,023 Per Sq Ft

Est. 179% increase in value since last sale

Current estimated payment $24,460/month

148 Days on Market

Highlights

  • 62 Feet of Waterfront
  • White Water Ocean Views
  • Furnished
  • Anna Maria Elementary School Rated A-
  • Access to Bay or Harbor
  • 3-minute walk to Bayfront Park

About This Home

As of November 2018

Panoramic Views of the vibrant, bluish green waters of Tampa Bay greet you as you open the front door. Awaken to the sunrise over the Bay, abundant bird and marine life, cruise ships in the distance and at day's end - the twinkling lights of the Sunshine Skyway Bridge. This beach front home has been a popular rental for several years...cheery, open floor plan, 3 bedrooms/3 baths, a private white sand beach, tile throughout, coastal decor, a spacious waterside patio, a garage for your vehicle and beach necessities, and easy walking distance to the sights and sounds of Pine Avenue. Remodeled in 2001, the metal roof was added in 2014, new garage door in 2017 and all was re-plumbed into the attic. Offered turn-key furnished with rentals in place for 2018 and 2019. Sangria Sunrise is the perfect beach getaway.

Last Agent to Sell the Property

Adele Holland

ISLAND REAL ESTATE-ANNA MARIA License #3129696 Listed on: 06/03/2018

Co-Listed By

Josh Bernet, Iii

ISLAND REAL ESTATE-ANNA MARIA License #3102913

Last Buyer's Agent

Josh Bernet, Iii

ISLAND REAL ESTATE-ANNA MARIA License #3102913

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,642

Year Built

  • Built in 1964

Lot Details

  • 5,270 Sq Ft Lot
  • 62 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • West Facing Home
  • Mature Landscaping
  • Property is zoned R1 E1

Parking

  • 1 Car Attached Garage

Home Design

  • Slab Foundation
  • Metal Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,295 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • French Doors
  • Sliding Doors
  • Combination Dining and Living Room
  • Tile Flooring
  • White Water Ocean Views

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Access to Bay or Harbor
  • Seawall
  • Patio

Location

  • Flood Zone Lot
  • City Lot

Schools

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

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Wells Bay Harbor Community
  • Wells Bay Harbor Sec A Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,642

Year Built

Built in 1964

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1295
  • Lot Size Acres: 0.12
  • New Construction: No
  • Year Built: 1964
  • Building Area Total: 1691
  • Lot Size Sq Ft: 5270
  • Directions to Property: Gulf Drive North to East on Pine Avenue to South on South Bay Blvd. Home is on the water side.
  • Status: Sold
  • Street Direction: S
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4404592&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4404592&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.94711
  • Price per Sq Ft: 1023.17
  • Close to Original List Price Ratio: 0.91442
  • Ratio: Current Price\Building Area Total: 783.56
  • View: Yes
  • Co List Office Mls Id: 266500093
  • Co List Office Phone: 941-778-6066
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, Living Room/Dining Room Combo, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Window Features: Window Treatments
  • Street Number Modifier: 506
  • Room Count: 9
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Exterior Features: French Doors, Sliding Doors
  • Roof: Metal
  • Pool Private: No
  • View: Water
  • Water Body Name: Tampa Bay
  • Waterfront: Yes
  • Patio and Porch Features: Patio
  • Road Surface Type: Paved
  • Water View: Bay/Harbor - Full
  • Water Access: Bay/Harbor
  • Water Extras: Seawall - Concrete
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12081C0138E
  • Waterfront Frontage: 62
  • Water Frontage Feet Bay Harbor: 62
  • Disclosures: Lead Paint, Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Public, Sewer Connected, Water Available
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: In Garage
  • 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

Schools

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

Lot Info

  • Zoning: R1 E1
  • Parcel Number: 6927000007
  • Additional Parcels: No
  • Lot Features: FloodZone, City Lot
  • Flood Zone Code: VE
  • Flood Zone Date: 2014-03-17
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes
  • Minimum Lease: 1 Week
  • Num Timesper Year: 52
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 13642
  • Tax Book Number: 7-78
  • Tax Lot: 14

Multi Family

  • Waterfront Features: Bay/Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2018
Closed on
Nov 29, 2018
Sold by
Johnson Gary R and Johnson Debra J
Bought by
Rice John and Rice Patricia
Seller's Agent
Adele Holland
ISLAND REAL ESTATE-ANNA MARIA
Buyer's Agent
Josh Bernet, Iii
ISLAND REAL ESTATE-ANNA MARIA
List Price
$1,449,000
Sold Price
$1,325,000
Premium/Discount to List
-$124,000
-8.56%
Current Estimated Value
$3,691,948

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,366,948
Avg. Annual Appreciation
16.29%

Purchase Details

Closed on
May 28, 2014
Sold by
Tradewinds Of Anna Maria Lc
Bought by
Johnson Gary R and Johnson Debra J

Purchase Details

Closed on
Jul 15, 2004
Sold by
Carlson Sue A
Bought by
Tradewinds Of Anna Maria Lc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Interest Rate
6.19%
Mortgage Type
Unknown

Purchase Details

Closed on
May 2, 2001
Sold by
A M I L L C
Bought by
Carlson Sue A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.95%

Purchase Details

Closed on
Jul 31, 2000
Sold by
Christie Robert E
Bought by
A M I L L C

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
8.12%
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
Rice John $1,325,000 Barnes Walker Title Inc
Johnson Gary R $810,000 Attorney
Tradewinds Of Anna Maria Lc $1,100,000 Barnes Walker Title Inc
Carlson Sue A $330,000 --
A M I L L C $330,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rice John D $1,071,000
Previous Owner Tradewinds Of Anna Maria Lc $825,000
Previous Owner Carlson Sue A $220,000
Previous Owner A M I L L C $264,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2018 11/29/18 Sold $1,325,000 -5.3% $1,023 / Sq Ft
10/29/2018 10/29/18 Pending -- -- --
07/30/2018 07/30/18 Price Changed $1,399,000 -3.5% $1,080 / Sq Ft
06/03/2018 06/03/18 For Sale $1,449,000 -- $1,119 / 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 $48,137 $3,597,512 $1,466,080 $2,131,432
2023 $45,630 $3,231,842 $1,099,560 $2,132,282
2022 $39,120 $2,514,349 $905,520 $1,608,829
2021 $12,874 $822,480 $819,280 $3,200
2020 $14,608 $889,629 $711,480 $178,149
2019 $14,641 $889,629 $711,480 $178,149
2018 $14,676 $880,476 $711,480 $168,996
2017 $13,642 $856,141 $0 $0
2016 $13,538 $831,708 $0 $0
2015 $10,591 $818,636 $0 $0
2014 $10,591 $643,289 $0 $0
2013 $9,585 $559,382 $417,900 $141,482
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4404592

Stellar MLS

APN: 69270-0000-7