NOT LISTED FOR SALE

6351 Gateway Ave Sarasota, FL 34231

Estimated Value: $601,000 - $845,373

8 Beds
4 Baths
3,184 Sq Ft
$242/Sq Ft Est. Value

Last Sold December 03, 2021

Last sale price $790,000 $248 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $4,839/month

11 Days on Market

Highlights

  • No HOA
  • Guest Parking
  • Heating Available
  • Riverview High School Rated A
  • Central Air

About This Home

As of December 2021

Four-unit investment opportunity, less than two miles to Siesta Key Beach and walking distance to Gulf Gate’s restaurants and shopping. Cement-block construction with a newer roof and central air conditioning, all two-bedroom, one-bath apartments on the ground level with plenty of parking space (three spaces are covered). Two units were remodeled in 2020, and the other two were remodeled in 2005-2006. Always rented. Great upside potential.

Last Agent to Sell the Property

Maureen Morris

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #0376476 Listed on: 09/17/2021

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Marlin Yoder

HARRY ROBBINS ASSOC INC License #3393617

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,809

Year Built

  • Built in 1966

Lot Details

  • 9,726 Sq Ft Lot

Home Design

  • 3,184 Sq Ft Home
  • Quadruplex
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Parking

  • 3 Carport Spaces
  • Guest Parking
  • Assigned Parking

Utilities

  • Central Air
  • Heating Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 3,840 Sq Ft Building
  • Gulf Gate Manor Community
  • Gulf Gate Manor Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Gross Income $49,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,809

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 3184
  • Lot Size Acres: 0.22
  • New Construction: No
  • Year Built: 1966
  • Building Area Total: 3840
  • Lease Term: 12 Months
  • Lot Size Sq Ft: 9726
  • Tenant Pays: Electricity
  • Directions to Property: Stickney Point Rd to Gateway Ave.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4512542?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4512542?w=Customer
  • Unit Count: 1
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.98874
  • Price per Sq Ft: 248.12
  • Close to Original List Price Ratio: 0.98874
  • Ratio: Current Price\Building Area Total: 205.73
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Other
  • Foundation Details: Slab
  • Levels: One
  • Street Number Modifier: 6351-6357
  • Number Of Buildings: 1

Exterior Features

  • Exterior Features: Sidewalk
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Carport Spaces: 3
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Assigned, Guest
  • Covered Parking Spaces: 3
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Water Connected
  • Cooling: Central Air
  • Heating: Electric
  • 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

Lot Info

  • Zoning: RMF2
  • Parcel Number: 0103160040
  • Additional Parcels: No
  • Flood Zone Code: X

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Minimum Lease: 1 Month
  • Lease Restrictions Y N: No
  • Additional Lease Restrictions: Check Sarasota County

Multi Family

  • Gross Income: 49200
  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 5809.06
  • Tax Block: 4
  • Tax Book Number: 16-33
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2021
Closed on
Dec 1, 2021
Sold by
Lewis Scott J and Lewis Scott J
Bought by
917 Capital Sarasota 2 Llc
Seller's Agent
Maureen Morris
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Marlin Yoder
HARRY ROBBINS ASSOC INC
List Price
$799,000
Sold Price
$790,000
Premium/Discount to List
-$9,000
-1.13%
Current Estimated Value
$770,343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,657
Avg. Annual Appreciation
-0.65%
Original Mortgage
$592,500
Outstanding Balance
$545,163
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$225,180

Purchase Details

Closed on
Jan 11, 2021
Sold by
Llv Working Trust and Lewis Trent R
Bought by
Scott J Lewis Family Revocable Trust and Lewis

Purchase Details

Closed on
Feb 3, 2020
Sold by
Lewis Kurt F and Llv Working Trust
Bought by
Lewis Scott J and The Scott J Lewis Family Revoc

Purchase Details

Closed on
Dec 16, 2016
Sold by
Lewis Scott J
Bought by
Lewis Kurt F and Llv Working Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,400
Interest Rate
3.54%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 1, 2001
Sold by
Madonna Michael A
Bought by
Lewis Scott J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
7.1%

Purchase Details

Closed on
Oct 5, 2000
Sold by
Madonna Barbara
Bought by
Madonna Michael A

Purchase Details

Closed on
Nov 13, 1996
Sold by
Weber Grace
Bought by
Weber Grace
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
917 Capital Sarasota 2 Llc $790,000 Attorney
Scott J Lewis Family Revocable Trust $100 None Listed On Document
Lewis Scott J -- None Available
Lewis Kurt F $389,000 Attorney
Lewis Scott J $220,000 --
Madonna Michael A -- --
Weber Grace -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 917 Capital Sarasota 2 Llc $592,500
Previous Owner Lewis Kurt F $233,400
Previous Owner Lewis Scott J $198,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2021 12/03/21 Sold $790,000 -1.1% $248 / Sq Ft
09/21/2021 09/21/21 Pending -- -- --
09/10/2021 09/10/21 For Sale $799,000 -- $251 / 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 $9,051 $679,500 $157,200 $522,300
2023 $9,051 $632,400 $142,600 $489,800
2022 $8,875 $620,200 $132,100 $488,100
2021 $5,908 $352,800 $82,500 $270,300
2020 $5,809 $342,700 $77,900 $264,800
2019 $5,573 $335,900 $91,900 $244,000
2018 $5,397 $330,000 $72,400 $257,600
2017 $5,142 $304,000 $72,600 $231,400
2016 $3,828 $212,300 $63,000 $149,300
2015 $3,761 $204,300 $60,000 $144,300
2014 $3,551 $163,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Maureen Morris

    Seller's Agent in 2021

    Maureen Morris

    PREMIER SOTHEBY'S INTERNATIONAL REALTY

    (941) 350-0807

    4 in this area

    69 Total Sales

    Maureen Morris
    Section Image
  • Marlin Yoder

    Buyer's Agent in 2021

    Marlin Yoder

    HARRY ROBBINS ASSOC INC

    (941) 893-7406

    4 in this area

    134 Total Sales

    Marlin Yoder
    Section Image
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Map

Source: Stellar MLS

MLS Number: A4512542

Stellar MLS

APN: 0103-16-0040

Florida Sarasota County Sarasota 34231

6351 Gateway Ave, Sarasota, FL

This home is located at 6351 Gateway Ave, Sarasota, FL 34231 since 17 September 2021 and is currently estimated at $770,343, approximately $241 per square foot. This property was built in 1966. 6351 Gateway Ave is a home located in Sarasota County with nearby schools including Gulf Gate Elementary School, Riverview High School, and Brookside Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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