NOT LISTED FOR SALE

703 Gulf Dr S Unit 2 Bradenton Beach, FL 34217

Estimated Value: $669,583 - $717,000

2 Beds
2.5 Baths
1,050 Sq Ft
$660/Sq Ft Est. Value

Last Sold November 12, 2020

Last sale price $470,000 $448 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $4,750/month

26 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Parking available for a boat
  • Public Beach
  • Beach View
  • Water access To Gulf or Ocean
  • 1-minute walk to Cortez Beach

About This Home

As of November 2020

Paradise found! Take up residence at this unique enclave of five gulf-front townhomes located on the beautiful powder sand beaches of the Gulf of Mexico in Bradenton Beach at the heart of Anna Maria Island! Enjoy the best that waterfront living has to offer - including directbeach access, a spectacular floor plan, and views at every turn with elements of casual luxury everywhere! Light, bright and airy...a personal luxury retreat from the mundane worries of the world! Experience true Florida - the beach, the sun and the sparkling blue waters of the Gulf of Mexico! This well established affluent barrier island is only minutes to world famous shops, boutiques, restaurants and clubs of Anna Maria, Longboat Key, Lido, St. Armands Circle, Siesta Key and downtown Sarasota - popular destinations for year-round and seasonal residents alike! Upscale town home with large master bedroom and bath suite, walk-in closets, additional guest bedroom, kitchen, dining/living room, and much more. Currently leased through 2022 as luxury rental investment income property! Buy this one quickly before it disappears! Complete with roll-down hurricane shutter system! Appliances and window treatments convey! Grab this one now...beachfront at this price...it's going fast!

Last Agent to Sell the Property

Andrew Grant

FLORIDA DREAM TEAM REALTY SERVICES LLC License #3457634 Listed on: 08/07/2020

Last Buyer's Agent

Ron DeVittori

HORIZON REALTY INTERNATIONAL License #0659713

HORIZON REALTY INTERNATIONAL

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,625

Year Built

  • Built in 1984

Lot Details

  • 9,996 Sq Ft Lot
  • 100 Feet of Waterfront
  • Property fronts gulf or ocean
  • Property fronts a public beach
  • Public Beach
  • East Facing Home

HOA Fees

  • $400 Monthly HOA Fees

Property Views

  • Beach
  • Full Gulf or Ocean

Home Design

  • Florida Architecture
  • Bi-Level Home
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Pile Dwellings

Interior Spaces

  • 1,050 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Sliding Doors
  • Combination Dining and Living Room
  • Inside Utility

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Parking

  • 1 Carport Space
  • Parking available for a boat

Outdoor Features

  • Outdoor Shower
  • Water access To Gulf or Ocean
  • Balcony
  • Exterior Lighting
  • Outdoor Storage
  • Rear Porch

Schools

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

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, insurance, maintenance structure, ground maintenance, sewer, trash
  • Frances Mangino Association, Phone Number (407) 772-3681
  • Sunset Landings Community
  • Sunset Landings Condo Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Pet Policy

  • Pet Size Limit
  • 1 Pet Allowed
  • Small pets allowed

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,625

Year Built

Built in 1984

Lot Details

9,996 Sq Ft Lot

HOA Fees

$400 per month

Listing Details

  • HOA Fee Includes: Cable TV, Insurance, Maintenance Structure, Maintenance Grounds, Sewer, Trash
  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Architectural Style: Florida
  • Construction Materials: Wood Frame, Wood Siding
  • Fireplace: No
  • Living Area: 1050
  • Lot Size Acres: 0.23
  • New Construction: No
  • Year Built: 1984
  • Lot Size Sq Ft: 9996
  • Status: Sold
  • Street Post Direction: S
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4474666?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4474666?w=Customer
  • Homestead Y N: No
  • Number Of Pets: 1
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.98121
  • Price per Sq Ft: 447.62
  • Close to Original List Price Ratio: 0.98121
  • View: Yes
  • Ownership: Condominium
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Living Room/Dining Room Combo, Skylight(s), Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab, Stilt/On Piling
  • Total Bedrooms: 2
  • Levels: Two
  • Room Count: 5
  • Additional Rooms: Inside Utility

Exterior Features

  • Direction Faces: East
  • Exterior Features: Balcony, Lighting, Outdoor Shower, Sliding Doors, Storage
  • Roof: Shingle
  • Pool Private: No
  • View: Water
  • Water Body Name: Gulf Of Mexico
  • Waterfront: Yes
  • Patio and Porch Features: Porch, Rear Porch
  • Road Surface Type: Paved, Asphalt
  • Water View: Beach, Gulf/Ocean - Full
  • Water Access: Beach - Public, Gulf/Ocean
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12081C0279E
  • Waterfront Frontage: 100
  • Water Frontage Feet Gulf Ocean: 100

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Assigned, Boat, Covered, Under Building
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Connected, Phone Available, Sewer Connected, Street Lights, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Waterfront
  • Association Fee: 1200
  • Association Fee Frequency: Quarterly
  • Association Name: Frances Mangino
  • Phone: 407-772-3681
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 4800
  • Monthly HOA Fee: 400
  • Total Monthly Fees: 400

Schools

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

Lot Info

  • Zoning: R3
  • Parcel Number: 7747700156
  • Additional Parcels: No
  • Lot Features: Level
  • Flood Zone Code: AE
  • Flood Zone Date: 2014-03-17

Rental Info

  • Pets Allowed: Number Limit, Size Limit, Yes
  • Pet Size: Small (16-35 Lbs.)
  • Minimum Lease: No Minimum
  • Approval Process: see condo docs
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: see condo docs

Tax Info

  • Tax Annual Amount: 4625
  • Tax Book Number: 1098-2944
  • Tax Lot: 2

Multi Family

  • Waterfront Features: Beach - Public, Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2020
Closed on
Nov 9, 2020
Sold by
Coral Shores Investments Llc
Bought by
Devittori Ryan L
Seller's Agent
Andrew Grant
FLORIDA DREAM TEAM REALTY SERVICES LLC
Buyer's Agent
Ron DeVittori
HORIZON REALTY INTERNATIONAL
List Price
$479,000
Sold Price
$470,000
Premium/Discount to List
-$9,000
-1.88%
Current Estimated Value
$693,292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,292
Avg. Annual Appreciation
7.54%
Original Mortgage
$329,000
Outstanding Balance
$292,763
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$400,529

Purchase Details

Listed on
Nov 1, 2012
Closed on
Apr 15, 2013
Sold by
Scherer Craig A and The Craig A Scherer Revocable
Bought by
Coral Shores Investments Llc and Sunset Landings Llc
Seller's Agent
Michael Grant
DREAMIFY REAL ESTATE LLC
Buyer's Agent
Michael Grant
DREAMIFY REAL ESTATE LLC
List Price
$269,500
Sold Price
$228,000
Premium/Discount to List
-$41,500
-15.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.97%

Purchase Details

Closed on
Dec 29, 2011
Sold by
Scherer Craig A
Bought by
Scherer Craig A and Craig A Scherer Revocable Trus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
4.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2011
Sold by
Holland Karen Louise and Scherer Karen L Holland
Bought by
Scherer Craig A and Craig A Scherer Revocable Trus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
4.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2005
Sold by
Schultz Thomas G and Schultz Jane G
Bought by
Scherer Craig A and Scherer Karen L Holland

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 1, 2003
Sold by
Hines Eileen and Priest Stephen L
Bought by
Schultz Thomas G and Schultz Jane G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
5.3%

Purchase Details

Closed on
Oct 28, 1999
Sold by
Rouswell Karen L
Bought by
Hines Eileen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,200
Interest Rate
7.81%

Purchase Details

Closed on
May 30, 1997
Sold by
Lutz Edward H and Lutz Joan E
Bought by
Rouswell Karen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
8.18%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Devittori Ryan L $470,000 Attorney
Coral Shores Investments Llc $228,000 Attorney
Scherer Craig A -- Alliance Group Llc
Scherer Craig A $141,800 Alliance Group Title Llc
Scherer Craig A $141,800 Alliance Group Title Llc
Scherer Craig A $600,000 Barnes Walker Title Inc
Schultz Thomas G $345,000 --
Hines Eileen -- --
Rouswell Karen L $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Devittori Ryan L $329,000
Previous Owner Scherer Craig A $203,000
Previous Owner Scherer Craig A $480,000
Previous Owner Schultz Thomas G $276,000
Previous Owner Hines Eileen $121,200
Previous Owner Rouswell Karen L $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/12/2020 11/12/20 Sold $470,000 -1.9% $448 / Sq Ft
09/02/2020 09/02/20 Pending -- -- --
08/07/2020 08/07/20 For Sale $479,000 +110.1% $456 / Sq Ft
04/05/2013 04/05/13 Sold $228,000 -15.4% $217 / Sq Ft View Prior Sale
03/01/2013 03/01/13 Pending -- -- --
02/21/2013 02/21/13 For Sale $269,500 0.0% $257 / Sq Ft
01/23/2013 01/23/13 Pending -- -- --
12/07/2012 12/07/12 Price Changed $269,500 -0.2% $257 / Sq Ft
11/19/2012 11/19/12 Price Changed $270,000 -1.8% $257 / Sq Ft
11/12/2012 11/12/12 Price Changed $275,000 -6.8% $262 / Sq Ft
11/01/2012 11/01/12 For Sale $295,000 -- $281 / Sq Ft
Source: Stellar MLS

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
2025 $7,744 $144,942 -- $144,942
2023 $7,573 $467,500 $0 $467,500
2022 $6,724 $435,750 $0 $435,750
2021 $5,845 $360,000 $0 $360,000
2020 $4,730 $274,000 $0 $274,000
2019 $4,625 $265,000 $0 $265,000
2018 $4,429 $250,000 $0 $0
2017 $4,449 $245,370 $0 $0
2016 $3,835 $225,370 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4474666

Stellar MLS

APN: 77477-0015-6

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