NOT LISTED FOR SALE

703 S Bay Blvd Anna Maria, FL 34216

Estimated Value: $1,995,000 - $2,452,000

4 Beds
3 Baths
2,593 Sq Ft
$893/Sq Ft Est. Value

Last Sold November 07, 2023

Last sale price $2,331,500 $899 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $15,724/month

194 Days on Market

Highlights

  • 45 Feet of Salt Water Canal Waterfront
  • Water access To Gulf or Ocean To Bay
  • Open Floorplan
  • Anna Maria Elementary School Rated A-
  • Cabana
  • 4-minute walk to Bean Point Beach

About This Home

As of November 2023

“Living the Dream” embraces all that is the beauty, joy, and adventure of Anna Maria Island: Low Rise, Low Key, Friendly Vibe, and a Water Wonderland. This beautifully renovated 4 bedroom and 3 bath pool home on a Bimini Bay canal offers you a full-time island home, second home, or investment rental opportunity. This is a successful vacation rental home on the quiet North End of Anna Maria Island that gives you easy access to the nearby neighborhood restaurants, shops, bars, marinas, and the Anna Maria City Pier. Plus the path to direct Tampa Bay water access is directly across the street. And the Gulf beaches are just a bike ride away. This canal gem is accented by an awe-inspiring view down the canal where memorable sunsets will inspire you throughout this home. The Open Plan embraces a spacious Great Room, Kitchen, and enclosed Lanai. The split bedroom plan accommodates multigenerational guests with two bedrooms and a full bath next to the Great Room and one twin bedroom and bathroom on the east side of the home plus a media room with direct access to the pool deck. Then up to the private Master Bedroom with en-suite master bath, walk-in shower and sitting area. And the private deck overlooks the beautiful canal and resort entertainment area which includes the Pool deck, Boat Deck, Outdoor Bar and Grill area. And you can control the temperature of your pool, warm or cool, with your cellphone. The new dock accommodates up to a 25 ft. boat. This is Island living at its best. Please Contact us today for your private tour.

Last Agent to Sell the Property

Ken Kavanaugh

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-896-9981 License #3231700 Listed on: 02/24/2023

MICHAEL SAUNDERS & COMPANY

Co-Listed By

Kathy Harman

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-896-9981 License #3367270

Last Buyer's Agent

Daniel Portera

MIHARA & ASSOCIATES INC. License #3356927

MIHARA & ASSOCIATES INC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,020

Year Built

  • Built in 1960

Lot Details

  • 8,999 Sq Ft Lot
  • Lot Dimensions are 90x100
  • 45 Feet of Salt Water Canal Waterfront
  • Property fronts a saltwater canal
  • North Facing Home
  • Vinyl Fence
  • Mature Landscaping
  • Level Lot
  • Irrigation
  • Property is zoned R1

Parking

  • 1 Car Attached Garage
  • Ground Level Parking
  • Driveway
  • Off-Street Parking

Property Views

  • Canal
  • Pool

Home Design

  • Midcentury Modern Architecture
  • Turnkey
  • Slab Foundation
  • Metal Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,593 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • French Doors
  • Great Room
  • Combination Dining and Living Room
  • Bonus Room
  • Sun or Florida Room
  • Ceramic Tile Flooring
  • High Impact Windows

Kitchen

  • Cooktop<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Upstairs
  • Split Bedroom Floorplan
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Cabana
  • Heated In Ground Pool
  • Gunite Pool
  • Pool Deck
  • Outside Bathroom Access
  • Pool Lighting

Outdoor Features

  • Water access To Gulf or Ocean To Bay
  • Access To Intracoastal Waterway
  • No Fixed Bridges
  • Property is near a marina
  • Access to Saltwater Canal
  • Dock has access to water
  • Seawall
  • Open Dock
  • Dock made with Composite Material
  • Balcony
  • Deck
  • Enclosed patio or porch
  • Exterior Lighting
  • Rain Gutters

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • 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

$19,020

Year Built

Built in 1960

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Mid-Century Modern
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2593
  • Lot Size Acres: 0.21
  • New Construction: No
  • Year Built: 1960
  • Building Area Total: 2991
  • Lot Size Sq Ft: 8999
  • Directions to Property: From Manatee Ave and Gulf Drive go north to the light at the intersection of Gulf Drive and Marina Drive, take a right on Marina Drive north a few miles to the City of Anna Maria and take a right turn at the stop sign at Magnolia Drive (Ginny's and Jane E's Cafe). Go north to S Bay Blvd at the City Pier and turn right. Go to 703 S Bay Blvd between Bayview Place and South Drive on the right.
  • Status: Sold
  • Street Direction: S
  • Co List Office Mls Id: MFR281526565
  • Co List Office Phone: 941-896-9981
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow City: Bradenton
  • Escrow Postal Code: 34209
  • Escrow State: FL
  • Escrow Street Name: Manatee Ave W
  • Escrow Street Number: 4400
  • List Office Head Office Key Nume: 1046728
  • Minimum Lease: 1-7 Days
  • RATIO Current Price By Calculate: 899.15
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 1
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Master Bedroom Upstairs, Open Floorplan, Split Bedroom, Stone Counters
  • Appliances Included: Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: Two
  • Spa Yn: No
  • Stories: 1
  • Window Features: Impact Glass/Storm Windows, Window Treatments
  • Street Number Modifier: 703
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Bonus Room,Florida Room,Great Room
  • Living Area Meters: 240.90
  • Room Count: 13

Exterior Features

  • Direction Faces: North
  • Other Structures: Cabana
  • Pool Features: Deck, Gunite, Heated, In Ground, Lighting, Outside Bath Access
  • Exterior Features: Balcony, French Doors, Irrigation System, Lighting, Rain Gutters
  • Roof: Metal
  • Pool Private: Yes
  • View: Pool, Water
  • Water Body Name: BIMINI BAY TO TAMPA BAY
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Enclosed, Rear Porch
  • Road Surface Type: Asphalt
  • Water Access: Bay/Harbor,Canal - Saltwater,Gulf/Ocean to Bay,Intracoastal Waterway
  • Water Extras: Bridges - No Fixed Bridges,Dock - Composite,Dock - Open,Dock w/Electric,Dock w/Water Supply,Seawall - Concrete,Seawall - Other
  • Water Extras YN: 1
  • Water Frontage Feet Canal Salt: 45
  • Water View: Canal
  • Water View YN: 1
  • Waterfront Feet Total: 45
  • Additional Water Information: Tampa Bay water access across street for Kayak/Swim

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Driveway, Ground Level, Guest, Off Street

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Water Connected
  • Cooling: Central Air
  • Heating: Heat Pump
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Pet Restrictions: Per the City of Anna Maria and Manatee County Ordinances

Fee Information

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

Schools

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

Lot Info

  • Zoning: R1
  • Parcel Number: 6931100009
  • Additional Parcels: No
  • Fencing: Fenced, Vinyl
  • Lot Features: Flood Insurance Required, FloodZone, City Limits, Level, Near Marina, Paved
  • Lot Dimensions: 90x100
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 836

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Turnkey
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Per Anna Maria Vacation Rental Ordinances.

Tax Info

  • Tax Annual Amount: 19019.88
  • Tax Book Number: 7-78
  • Tax Lot: 51

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2023
Closed on
Nov 6, 2023
Sold by
Massaro James J and Massaro Sandra A
Bought by
703 S Bay Blvd Llc
Seller's Agent
Ken Kavanaugh
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Daniel Portera
MIHARA & ASSOCIATES INC.
List Price
$3,450,000
Sold Price
$2,331,500
Premium/Discount to List
-$1,118,500
-32.42%
Views
314
Current Estimated Value
$2,314,324

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,176
Avg. Annual Appreciation
-0.78%
Original Mortgage
$1,748,625
Outstanding Balance
$1,724,559
Interest Rate
7.31%
Mortgage Type
New Conventional
Estimated Equity
$576,122

Purchase Details

Closed on
Jun 8, 2001
Sold by
Bortell Robert F
Bought by
Massaro James J and Massaro Sandra A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,200
Interest Rate
7.05%

Purchase Details

Closed on
Feb 1, 1997
Sold by
Bortell Robert F
Bought by
Bortell Robert F
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
703 S Bay Blvd Llc $2,331,500 Titlemark Llc
Massaro James J $339,000 --
Bortell Robert F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 703 S Bay Blvd Llc $17,493
Open 703 S Bay Blvd Llc $1,748,625
Previous Owner Massaro James J $271,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2023 11/07/23 Sold $2,331,500 0.0% $899 / Sq Ft
09/07/2023 09/07/23 Pending -- -- --
09/01/2023 09/01/23 Off Market $2,331,500 -- --
07/10/2023 07/10/23 Price Changed $2,675,000 -5.3% $1,032 / Sq Ft
06/13/2023 06/13/23 Price Changed $2,825,000 -5.0% $1,089 / Sq Ft
04/21/2023 04/21/23 Price Changed $2,975,000 -8.5% $1,147 / Sq Ft
03/29/2023 03/29/23 Price Changed $3,250,000 -5.8% $1,253 / Sq Ft
02/24/2023 02/24/23 For Sale $3,450,000 -- $1,331 / 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 $34,860 $2,330,750 $998,750 $1,332,000
2023 $26,080 $2,347,205 $998,750 $1,348,455
2022 $16,304 $1,568,831 $550,000 $1,018,831
2021 $15,652 $1,074,597 $500,000 $574,597
2020 $14,654 $943,702 $480,000 $463,702
2019 $14,120 $943,702 $480,000 $463,702
2018 $12,848 $829,870 $440,000 $389,870
2017 $11,367 $785,362 $0 $0
2016 $10,666 $728,059 $0 $0
2015 $8,244 $680,890 $0 $0
2014 $8,244 $473,055 $0 $0
2013 $7,909 $459,277 $245,700 $213,577
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4561515

Stellar MLS

APN: 69311-0000-9