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$1,296,000

Beds
2
Baths
2.0
sq ft
1,548

109 5th St S Unit B, Bradenton Beach, FL 34217

109 5th St S Unit B

BRADENTON BEACH, FL 34217

  • 97 days on market
Looking for a one-of-a-kind residence on Anna Maria Island with a great location? Then look no further than this 2bed 2bath condo at Hibiscus. Natural light greets you in this great open floor plan top floor condo featuring a spacious kitchen, stainless steel appliances, granite counter tops, large bedrooms, peeks of the bay, a large balcony, and an elevator accessing the 2-car garage with additional storage. Steps to historic Bridge Street, the bay and the world-famous beaches of Anna Maria Island. The pool is located on the bay with perfect views of the ICW. Day use of the dock gives you everything you need to enjoy island life at it's best. This property is being offered furnished so all you need to bring is your bathing suit! Already a successful vacation rental in which you can walk right into future income. Make you appointment today. Pets are allowed!

Details

Property type

Condominium

Est. home value

$897,386

Lot size

Unknown

Price per sq ft

$838

Year built

2005

Annual property taxes

$11,337.17

HOA fee

$3,125

Price History

06/11/2024
StellarMLS

StellarMLS #A4613651

Listed
$1,296,000
+247.88%
04/26/2011
StellarMLS

StellarMLS #M5806757

Sold
$372,541
+24.18%
03/27/2008
StellarMLS

StellarMLS #A379627

Sold
$300,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$570,181
Asking price
$1,296,000
Closing costs (~8% of asking)
-$103,680
Est. remaining loan balance
-$622,139
Cash to seller
$570,181

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Truist Bank

Loan start date

August 2022

Original loan amount

$640,000

Est. remaining balance

$622,139

Interest rate

5.7%

Loan type

New Conventional, 30 year

Seller

Paul Fae Patterson and Tammy Renae Patterson

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 09/16/2024 at 1:55 PM

Listing updated: 06/25/2024 at 1:54 PM

Listed by: Jesse Brisson, KELLER WILLIAMS ON THE WATER Phone #: (941) 729-7400

MLS: StellarMLS #A4613651

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