NOT LISTED FOR SALE

6359 Gateway Ave Unit A-F Sarasota, FL 34231

Estimated Value: $136,552 - $268,000

2 Beds
1 Bath
4,511 Sq Ft
$44/Sq Ft Est. Value

Last Sold July 30, 2021

Last sale price $815,000 $181 Per Sq Ft

Current estimated payment $1,192/month

2 Days on Market

Highlights

  • No HOA
  • Central Air
  • Heat Pump System
  • Riverview High School Rated A

About This Home

As of July 2021

Excellent 6 plex with great month to month tenants in vibrant Gulf Gate. Well maintained units of solid construction with tile throughout most units. Quality cabinetry. One covered parking space for each unit with ample additional parking. Each unit is a condominium, so future separation and sale is an option. Washer dryer hook up available in common area, as a source of additional income. Includes 6369, 6359, 6367,6363, 6365, 6361 Gateway Avenue.

Last Agent to Sell the Property

Michael Hankin

MANGROVE REALTY ASSOCIATES License #3097108 Listed on: 05/27/2021

Last Buyer's Agent

Marcia Morse

SUNSET REALTY License #3111133

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,265

Year Built

  • Built in 1966

Lot Details

  • 7,900 Sq Ft Lot
  • Additional Parcels

Parking

  • 6 Carport Spaces

Home Design

  • 4,511 Sq Ft Home
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Air
  • Heat Pump System
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 6 Units
  • Gulfgate Palms Community
  • Gulfgate Palms Subdivision

Listing and Financial Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,265

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 4511
  • Lot Size Acres: 0.18
  • New Construction: No
  • Year Built: 1966
  • Lot Size Sq Ft: 7900
  • Number Of Lots: 6
  • Directions to Property: From 41 head east on Clark Road. Turn Right onto Gateway Avenue. Units are on the left.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4502100?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4502100?w=Customer
  • Unit Count: 5
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 180.67
  • Close to Original List Price Ratio: 1
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Foundation Details: Slab
  • Levels: One
  • Street Number Modifier: 6359
  • Number Of Buildings: 1

Exterior Features

  • Exterior Features: Lighting
  • 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
  • Disclosures: Lead Paint

Garage/Parking

  • Carport Spaces: 6
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Covered
  • Covered Parking Spaces: 6
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Connected, Phone Available, Sewer Available, Sewer Connected, Street Lights, Water Connected
  • Cooling: Central Air
  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Zoning: RMF2
  • Parcel Number: 0103161006;
  • Additional Parcels Description: 0103161005; 0103161004; 0103161003; 0103161002; 0103161001;
  • Additional Parcels: Yes
  • Flood Zone Code: x

Rental Info

  • Furnished: Unfurnished

Multi Family

  • Number Of Units Total: 6

Tax Info

  • Tax Annual Amount: 1264.87
  • Tax Block: 4
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2021
Closed on
Jul 30, 2021
Sold by
Gateway Villas Inc
Bought by
J Darrin Gross Llc and Anne K Gross Llc
Seller's Agent
Michael Hankin
MANGROVE REALTY ASSOCIATES
Buyer's Agent
Marcia Morse
SUNSET REALTY
List Price
$814,999
Sold Price
$815,000
Premium/Discount to List
$1
0.0%
Current Estimated Value
$200,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$614,362
Avg. Annual Appreciation
-28.38%

Purchase Details

Closed on
Feb 23, 2012
Sold by
Jones Securities Llc
Bought by
Gateway Villas Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
3.91%
Mortgage Type
Balloon

Purchase Details

Closed on
Jan 7, 2011
Sold by
Kozikoglu M Florida Llc
Bought by
Jones Securities Lc

Purchase Details

Closed on
Nov 23, 2010
Sold by
Bolgan Custom Homes Inc
Bought by
Kozikoglu M Florida Llc

Purchase Details

Closed on
Apr 22, 2005
Sold by
Blue Parrot Of Sarasota Llc
Bought by
Bolgan Custom Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 28, 2003
Sold by
Brown Christopher
Bought by
Blue Parrot Sarasota 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
$390,000
Interest Rate
5.95%

Purchase Details

Closed on
Jun 21, 2002
Sold by
Eppard Walter C and Eppard Renee W
Bought by
Brown Christopher

Purchase Details

Closed on
Nov 12, 1999
Sold by
Solti Gyula L and Solti Margit
Bought by
Eppard Walter C and Eppard Renee W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
7.7%
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
J Darrin Gross Llc $815,000 Desjarlais Law & Title
Gateway Villas Inc $354,000 Attorney
Jones Securities Lc $330,000 Attorney
Kozikoglu M Florida Llc $235,000 Attorney
Bolgan Custom Homes Inc $619,000 --
Blue Parrot Sarasota L L C $520,000 --
Brown Christopher $350,000 --
Eppard Walter C $310,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gateway Villas Inc $280,000
Previous Owner Bolgan Custom Homes Inc $495,000
Previous Owner Blue Parrot Sarasota L L C $390,000
Previous Owner Eppard Walter C $235,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2021 07/30/21 Sold $815,000 0.0% $181 / Sq Ft
05/28/2021 05/28/21 Pending -- -- --
05/26/2021 05/26/21 For Sale $814,999 -- $181 / 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 $1,530 $94,400 -- $94,400
2023 $1,530 $98,900 $0 $98,900
2022 $1,441 $89,800 $0 $89,800
2021 $1,280 $73,300 $0 $73,300
2020 $1,265 $71,700 $0 $71,700
2019 $1,211 $70,000 $0 $70,000
2018 $1,187 $69,800 $0 $69,800
2017 $1,152 $65,340 $0 $0
2016 $1,107 $60,900 $0 $60,900
2015 $1,045 $54,000 $0 $54,000
2014 $1,068 $49,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4502100

Stellar MLS

APN: 0103-16-1006