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$399,000

Beds
1
Baths
1.0
sq ft
594

117 7th St N Unit 5, Bradenton Beach, FL 34217

117 7th St N Unit 5

BRADENTON BEACH, FL 34217

  • 412 days on market
    • Price drop $9,000↓
    • Open house Sep 21
Experience the ultimate beachside living with this stunning 1-bedroom, 1-bathroom Bradenton Beach condo, perfectly situated between the shimmering Gulf of Mexico and the calm bay waters. Embrace the serene surroundings, where the quiet charm of this area offers the ideal setting to unwind and enjoy those picture-perfect sunsets each evening. This first-floor gem is a rare find, completely furnished, and turn-key ready for its new owners. Recent upgrades include a brand-new A/C system with a transferable warranty, impact-resistant windows, and sliding glass doors in the living room and bedroom, ensuring peace of mind and comfort. The bathroom has been beautifully updated with a farmhouse sink, a new toilet, and a custom marble shower, adding a touch of elegance to your daily routine. Step inside to find a welcoming interior featuring cheerful paint, newer wainscotting, and easy-to-maintain tile flooring throughout. The open-concept living area is perfect for entertaining, with a fully equipped kitchen boasting stainless steel appliances, granite countertops, and a spacious breakfast bar. Bay View Terrace offers exceptional amenities, including a private 29x9 ft parking space, a sparkling community pool with views of the bay, and outdoor dining and relaxation areas. You'll also find convenient storage for bikes and kayaks, with condo fees covering water, trash, and maintenance. * **One of the unique benefits of this condo is its exemption from the Florida law requiring an engineering study due to its low-rise status, standing at just two stories tall. This exemption adds to the worry-free lifestyle you can enjoy in this beachside retreat.*** This condo is more than just a home; it’s an opportunity to live the beach dream without a care. Whether you're looking for a permanent residence, a vacation getaway, or a prime rental investment, this property is ready to fulfill your coastal desires. Close to popular shopping, dining, and marinas with easy access on and off the island, this gem won’t last long. Schedule your tour today and start living the beach life you've always wanted!

Details

Property type

Condominium

Est. home value

$443,153

Lot size

Unknown

Price per sq ft

$672

Year built

1973

Annual property taxes

$3,522

HOA

Yes

Price History

07/02/2024
StellarMLS

StellarMLS #A4577941

Price change
$399,000
-2.21%
04/27/2024
StellarMLS

StellarMLS #A4577941

Price change
$408,000
-1.09%
03/12/2024
StellarMLS

StellarMLS #A4577941

Price change
$412,500
-1.67%

Schools & Community

Elementary school: 

Anna Maria Elementary

Middle school: 

W.D. Sugg Middle

High school: 

Bayshore High

Community features: 

Gated, Park, 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

$13,653
Asking price
$399,000
Closing costs (~8% of asking)
-$31,920
Est. remaining loan balance
-$353,427
Cash to seller
$13,653

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

March 2023

Original loan amount

$360,000

Est. remaining balance

$353,427

Interest rate

6.13%

Loan type

New Conventional, 30 year

Seller

Michelle Sears

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?

Status: Active

Tomo last checked: 09/18/2024 at 8:05 PM

Listing updated: 09/17/2024 at 2:29 PM

Listed by: Patricia Baker, RE/MAX ALLIANCE GROUP Phone #: (941) 360-7777

MLS: StellarMLS #A4577941

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