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$500,000

Beds
2
Baths
2.0
sq ft
1,080

1801 Gulf Dr N Unit 216, Bradenton Beach, FL 34217

1801 Gulf Dr N Unit 216

BRADENTON BEACH, FL 34217

  • 488 days on market
    • Price drop $10,000↓
"Endless Memories" is successful 2B/2B vacation rental in POPULAR RUNAWAY BAY! CURRENT 2024/2025 Bookings at $100,907. GROSS INCOME 2023 $63,661! This one offers is ALL: *WEEKLY RENTALS* 100ft to the gorgeous sandy AMI BEACHES *Dog and Cats Allowed* TURN-KEY FURNISHED. This condo is located on the 2nd level with water views and is in the heart of it all. *Features include* Fully equipped kitchen* Brand new AC 2022, NEW luxury vinyl plank flooring. New appliances, new paint!* Washer and dryer in unit* One king, two twins and pull out couch to sleep 6* Beach chairs, and umbrellas* Straddling the width of Anna Maria Island, Runaway Bay boasts a relaxing fishing pier and a designated private beach access on the Gulf side leading to the immaculate six miles of sugar sand beaches. The Bradenton Herald's annual survey has seen Runaway Bay voted the Best Complex for the last two years. The location is in close proximity to the pool and beach access. Runaway Bay amenities include - swimming pool, sauna, bocce ball, tennis, pickle ball court, social clubhouse, and fishing pier. The free Anna Maria Island trolley stops out front! Come make this your island get away!

Details

Property type

Condominium

Est. home value

$568,211

Lot size

Unknown

Price per sq ft

$463

Year built

1978

Annual property taxes

$5,670

Monthly HOA fee

$1,297

Price History

08/07/2024
StellarMLS

StellarMLS #A4571167

Price change
$500,000
-1.96%
06/17/2024
StellarMLS

StellarMLS #A4571167

Pending
$510,000
05/23/2024
StellarMLS

StellarMLS #A4571167

Price change
$510,000
-2.86%

Schools & Community

Elementary school: 

Anna Maria Elementary

Middle school: 

Martha B. King Middle

High school: 

Manatee High

Community features: 

Clubhouse, Fitness Center, Pool, Sidewalks, Tennis Court(s)

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

$5,472
Asking price
$500,000
Closing costs (~8% of asking)
-$40,000
Est. remaining loan balance
-$454,528
Cash to seller
$5,472

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

Seller’s Loan History

Lender

Luxury Mortgage Corp

Loan start date

July 2022

Original loan amount

$468,750

Est. remaining balance

$454,528

Interest rate

5.23%

Loan type

New Conventional, 30 year

Seller

Siedem Llc

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: 09/18/2024 at 9:05 PM

Listing updated: 09/11/2024 at 11:26 AM

Listed by: Cindy Quinn, SATO REAL ESTATE INC. Phone #: (941) 778-7200

MLS: StellarMLS #A4571167

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