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$590,984Estimated home value

Beds
2
Baths
2.0
sq ft
1,146

3801 E Bay Dr Unit 209, Holmes Beach, FL 34217

3801 E Bay Dr Unit 209

HOLMES BEACH, FL 34217

  • Off market
    • Price drop $10,300↓
HUGE PRICE REDUCTION!!!! Welcome to Bay Bliss in Sunbow Bay. When you walk into the unit and into the living room you are greeted by one of the best water views in the building. The wall-to-wall patio doors open from the living room and open to your lanai. They overlook the secluded lagoon where you can launch paddle boards or kayaks from the community dock. This lagoon is home to manatees and dolphins throughout the year. Beyond that you look across the mangroves out to the intercoastal waterway. You will also be greeted with gorgeous sunrises most of the year. The condo is a two-bedroom, two-bathroom condo on the top floor. Bay Bliss has been completely updated from the original. The kitchen has new Shaker cabinets and new quartz countertops. All the appliances are less than three years old, including a new full-sized washer and dryer that have replaced the old compact stackable. The original enclosed galley kitchen has been opened to the living room with a breakfast bar. The entire condo has gorgeous tile floors for easy maintenance. The primary bedroom with a king-sized bed also has wall to wall patio doors leading out to Lanai with the same gorgeous view. The second bedroom at the front of the unit has two double beds. It is bright and airy due to the ceiling skylight. This skylight has a custom shade to darken the room should you need to. Both the primary and hallway bathrooms have been updated with newer vanities, toilets and tile work. The large front balcony has room for furniture. All the units have seats out front to enjoy the sunsets to the west. The unit has an assigned parking space, a lockable storage room and outside storage for kayaks and bicycles. The lagoon behind the home provides access for kayaks and paddleboards out to the Inter-coastal. The building has elevator access from the center of the ground floor parking area to each floor. There are also stairs at each end of the building, The community is right at the intersection of SR64 and E Bay Dr allowing easy access on and off the island. The present owners and family use it regularly. However, they do rent it seasonally: 2023-$37,101, 2024-$26,817 (so far) and 2025-$21,720 (so far). Do not let this gem get away!!!! Note: The units will have a new roof and skylight installed by 12/31/2024. The seller had already paid the assessment fee for the roof.

Details

Property type

Condominium

Est. home value

$590,984

Lot size

Unknown

Price per sq ft

$589

Year built

1981

Annual property taxes

$8,164

HOA fee

$917

Price History

09/09/2024
StellarMLS

StellarMLS #A4611892

Removed
$674,700
07/16/2024
StellarMLS

StellarMLS #A4611892

Price change
$674,700
-1.5%
06/10/2024
StellarMLS

StellarMLS #A4611892

Listed
$685,000
+17.09%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, 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

$227,336
Asking price
$674,700
Closing costs (~8% of asking)
-$53,976
Est. remaining loan balance
-$393,388
Cash to seller
$227,336

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

May 2022

Original loan amount

$409,494

Est. remaining balance

$393,388

Interest rate

4.42%

Loan type

New Conventional, 30 year

Seller

Anthony Iacovone and Ana Iacovone

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: Off Market

Tomo last checked: 09/16/2024 at 1:45 PM

Listing updated: 09/06/2024 at 11:38 AM

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

MLS: StellarMLS #A4611892

StellarMLS logo

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