NOT LISTED FOR SALE

7802 Palm Dr Unit A & B Holmes Beach, FL 34217

Estimated Value: $872,000 - $1,101,000

4 Beds
2 Baths
2,019 Sq Ft
$508/Sq Ft Est. Value

Last Sold July 20, 2020

Last sale price $520,000 $258 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $6,541/month

102 Days on Market

Highlights

  • Water access To Gulf or Ocean
  • Public Beach
  • No HOA
  • Anna Maria Elementary School Rated A-
  • Corner Lot
  • Rear Porch

About This Home

As of July 2020

With the beautiful beaches of Anna Maria Island a short two blocks away, build new on this prime corner lot, or use this duplex as your home or vacation rental. Although zoned for weekly rentals, you could also choose to live in one side, rent the other, or rent seasonally/annually. This well-maintained, unfurnished duplex includes 2 bedrooms/1 bathroom per side, each with updated kitchens with stainless steel appliances, and remodeled bathrooms. (A new roof was added in 2017.) A large porch runs the full length of the rear of the duplex, adding additional living space. With its terracotta flooring, the covered front porch is the perfect spot to kick back and relax. After returning from one of AMI’s world-famous sunsets, enjoy barbecuing in the back yard, taking advantage of the designated grilling area and paved patio. Centrally located in Holmes Beach to shops, restaurants and the free island trolley, you’re in a great location to enjoy all that island life has to offer!

Last Agent to Sell the Property

Laura Rulon

EXP REALTY LLC License #3368005 Listed on: 03/20/2020

EXP REALTY LLC

Last Buyer's Agent

Laura Rulon

EXP REALTY LLC License #3368005 Listed on: 03/20/2020

EXP REALTY LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,138

Year Built

  • Built in 1951

Lot Details

  • 6,000 Sq Ft Lot
  • Lot Dimensions are 80x75
  • Public Beach
  • Corner Lot

Parking

  • Driveway

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 2,019 Sq Ft Home
  • Ceiling Fan
  • Tile Flooring

Kitchen

  • Range
  • Microwave

Outdoor Features

  • Water access To Gulf or Ocean
  • Rear Porch

Schools

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

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 2,291 Sq Ft Building
  • Bay Palms Community
  • Bay Palms Resub Subdivision
  • Rental Restrictions

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,138

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Condition: Completed
  • Property Sub Type: Duplex
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 2019
  • Lot Size Acres: 0.14
  • New Construction: No
  • Year Built: 1951
  • Building Area Total: 2291
  • Lot Size Sq Ft: 6000
  • Directions to Property: Manatee Ave to Gulf Dr. Turn right on Gulf Dr. Follow to the main light in Holmes Beach turn right on Marina Dr. Marina Dr. turns into Palm Dr. Follow to 7802 Palm Dr. which is on the left on the corner of 78th St and Palm Dr.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4462950?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4462950?w=Customer
  • Unit Count: 2
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.94545
  • Price per Sq Ft: 257.55
  • Close to Original List Price Ratio: 0.832
  • Ratio: Current Price\Building Area Total: 226.98
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Spa Yn: No
  • Street Number Modifier: 7802
  • Number Of Buildings: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Porch, Rear Porch
  • Water Access: Beach - Public, Gulf/Ocean
  • Water View Y N: No
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Additional Water Information: Gulf of Mexico is one block away.
  • Disclosures: Lead Paint, Seller Property Disclosure

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Driveway
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Available, Sewer Connected
  • Cooling: Wall/Window Unit(s)
  • Heating: Wall Units / Window Unit
  • Laundry Features: None
  • 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: R2
  • Parcel Number: 7155200004
  • Additional Parcels: No
  • Lot Features: Corner Lot
  • Lot Dimensions: 80x75
  • Flood Zone Code: AE
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Minimum Lease: 1 Week
  • Approval Process: No Approval Process
  • Num Timesper Year: 52
  • Pet Restrictions: As Per Manatee County Ordinances
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: As per the City of Holmes Beach

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 7137.59
  • Tax Block: B
  • Tax Book Number: 7-36
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2020
Closed on
Jul 20, 2020
Sold by
Pollard Sandra Lee
Bought by
Burnham Holley R and Sree Kiran Reddy Irrevocable T
Seller's Agent
Laura Rulon
EXP REALTY LLC
Buyer's Agent
Laura Rulon
EXP REALTY LLC
List Price
$599,000
Sold Price
$520,000
Premium/Discount to List
-$79,000
-13.19%
Current Estimated Value
$1,025,984

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$505,984
Avg. Annual Appreciation
13.76%

Purchase Details

Closed on
Mar 19, 2012
Sold by
Pollard Sandra Lee
Bought by
Coville Kelly A and Towler Penny B
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
Burnham Holley R $520,000 Barnes Walker Title Inc
Coville Kelly A -- Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2020 07/20/20 Sold $520,000 -5.5% $258 / Sq Ft
06/30/2020 06/30/20 Pending -- -- --
06/26/2020 06/26/20 Price Changed $550,000 -8.2% $272 / Sq Ft
06/17/2020 06/17/20 For Sale $599,000 0.0% $297 / Sq Ft
06/03/2020 06/03/20 Pending -- -- --
05/15/2020 05/15/20 Price Changed $599,000 -4.2% $297 / Sq Ft
03/20/2020 03/20/20 For Sale $625,000 -- $310 / 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
2025 $14,052 $776,133 -- --
2024 $14,052 $1,058,023 $701,250 $356,773
2023 $13,539 $1,028,262 $654,500 $373,762
2022 $10,306 $698,666 $385,000 $313,666
2021 $8,737 $530,109 $330,000 $200,109
2020 $7,327 $456,366 $0 $0
2019 $7,138 $446,106 $286,000 $160,106
2018 $7,631 $434,867 $286,000 $148,867
2017 $6,956 $417,305 $0 $0
2016 $6,437 $372,502 $0 $0
2015 $5,831 $444,875 $0 $0
2014 $5,831 $335,324 $0 $0
2013 $5,504 $311,307 $191,850 $119,457
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4462950

Stellar MLS

APN: 71552-0000-4