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$1,249,000

Beds
2
Baths
2.0
sq ft
896

2408 Avenue B, Bradenton Beach, FL 34217

2408 Avenue B

BRADENTON BEACH, FL 34217

  • <1 day on market
Welcome to “Bungalow B”, a fully updated reincarnation of an “Old Florida” cedar cottage on a quiet street Bradenton Beach. It is situated on the island midway between the two bridges to the mainland. The cottage, built in 1957. is a two-bedroom and two bath home with a pool, It is approximately 300 steps from soft sand beaches of Anna Maria Island and 100 steps to the bay. When you step into the home you are welcomed by a spacious living room, dining room and kitchen that occupy a bright airy space, The space looks bigger than it seems due to the brightly painted walls and soaring vaulted ceilings with exposed beams. The kitchen has a cozy breakfast bar with USB chargers and electric outlets installed in the countertop. The primary bedroom has a large primary bath with a walk-in shower added in 2021. A new metal roof along with a covered patio was installed in 2019. This patio roof spans the length of home, providing shade and protection from the weather. The heated pool was constructed in 2021, and the main electrical panel was replaced at this time. Hot water is supplied by an on demand electric water heater. The home was never rented, as it was homesteaded as the seller’s primary residence. The tight knit neighborhood is home to many full-time residents. However, city zoning allows for rental occupancy a minimum of 1-7 nights. This ground level home, like many on the island, was damaged by Helene’s surging water, but untouched by the winds of Milton. Once the sellers were able, they immediately started the substantial process of renovation to bring the home back to its previous glory. Unlike many homes on the island, all the work was properly permitted and inspected by the city of Bradenton Beach. The wood walls were opened, remediated, insulated, and replaced. Once the walls were opened the sellers decided to renew the floor pillars, install and insulate new joists and install new waterproof subfloors. These were then covered with new waterproof LVT flooring. The electrical system was completely serviced and made safe. All new appliances, toilets, bathtub, kitchen cabinets and bath vanities were installed. Finally, the home was painted inside and out. On the exterior, the pool was cleaned, serviced and ready for use with a new pool pump. Nothing was left undone in this renovation. The furniture is optional so you may use it immediately. Or you can start with a fresh canvas to make it your own. There is also a large storage building on the property for of all your beach toys. Schedule a showing of this home. If you dream of Anna Maria Island as “old Florida”, this is as good as it gets. The home would make a great second home, vacation rental or primary home to retire in paradise. Professional photos to follow. Schedule a showing soon!!!!

Details

Property type

Single Family Residence

Est. home value

$859,475

Lot size

5,001 sq ft

Price per sq ft

$1,394

Year built

1953

Annual property taxes

$9,467

HOA

No

Price History

02/21/2025
StellarMLS

StellarMLS #A4641533

Listed
$1,249,000
+208.4%
07/16/2018
StellarMLS

StellarMLS #A4191314

Sold
$405,000
+9.46%
03/18/2015
StellarMLS

StellarMLS #M5901199

Sold
$370,000

Schools & Community

Elementary school: 

Anna Maria Elementary

Middle school: 

Electa Arcotte Lee Magnet

High school: 

Manatee High

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

$855,477
Asking price
$1,249,000
Closing costs (~8% of asking)
-$99,920
Est. remaining loan balance
-$293,603
Cash to seller
$855,477

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

Seller’s Loan History

Lender

Whitney Bank

Loan start date

February 2020

Original loan amount

$326,000

Est. remaining balance

$293,603

Interest rate

3.74%

Loan type

New Conventional, 30 year

Seller

Edward Alan Ritzel Jr and Dierdre Moore

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: 02/22/2025 at 11:55 AM

Listing updated: 02/22/2025 at 6:55 AM

Listed by: John Damato, II, SATO REAL ESTATE INC. Phone #: (941) 778-7200

MLS: StellarMLS #A4641533

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