tomo logo

$2,995,000

Beds
3
Baths
3.0
sq ft
990

404 S Bay Blvd, Anna Maria, FL 34216

404 S Bay Blvd

ANNA MARIA, FL 34216

  • 18 days on market
RARE BAYFRONT 3 BEDROOM 3 BATH HOME WITH PERFECT ANNA MARIA LOCATION. Located with panoramic open-water views of the Skyway Bridge, Egmont Key, and City Pier. South Bay is one of the most desirable streets on Anna Maria Island and these opportunities don't come up often! This location has the “South Bay” benefit but yet is still walking distance to City Pier and Pine Avenue restaurants and shops. This is a great investment property and personal beach house. Needs rebuild or remodel as it was damaged by both hurricanes. Pick out all new finishes to your desired taste! Enjoy breath taking sunrise views every morning! This property has endless possibilities for you to own your own piece of paradise!

Details

Property type

Single Family Residence

Est. home value

$2,800,537

Lot size

5,101 sq ft

Price per sq ft

$3,026

Year built

1980

Annual property taxes

$29,978

HOA

No

Price History

12/04/2024
StellarMLS

StellarMLS #A4630955

Listed
$2,995,000
+49.08%
02/16/2021
StellarMLS

StellarMLS #A4476971

Sold
$2,009,000
+159.23%
02/14/2014
StellarMLS

StellarMLS #M5843432

Sold
$775,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$1,843,217
Asking price
$2,995,000
Closing costs (~8% of asking)
-$239,600
Est. remaining loan balance
-$912,183
Cash to seller
$1,843,217

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

Seller’s Loan History

Lender

South State Bank Na

Loan start date

February 2021

Original loan amount

$1,000,000

Est. remaining balance

$912,183

Interest rate

2.67%

Loan type

New Conventional, 30 year

Seller

Charlene J Neal and The Charlene J Neal Revocable Trust

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: 12/22/2024 at 4:15 AM

Listing updated: 12/13/2024 at 4:15 PM

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

MLS: StellarMLS #A4630955

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