tomo logo

$950,000

Beds
2
Baths
1.0
sq ft
847

701 N Bay Blvd, Anna Maria, FL 34216

701 N Bay Blvd

ANNA MARIA, FL 34216

  • 1 day on market
Create Your Dream Beach Retreat – Prime North End Anna Maria Island Opportunity! Welcome to an incredible opportunity on the highly sought-after north end of Anna Maria Island! This 2-bedroom, 1-bath beach cottage is perfectly situated just 2 blocks from the stunning beaches of Bean Point and 1 block from the beautiful bay. While the existing home was damaged in recent storms, it carries over 10 years of successful rental history, offering fantastic income potential for future owners. The buildable 50' x 102' lot includes a private pool, providing a blank canvas to create your ideal beach retreat or construct a new, income-producing property. With endless design possibilities, you can craft the perfect island escape for personal use or rental opportunities. Conveniently located just a quick golf cart ride to Pine Avenue, you’ll have easy access to boutique shops, delicious local restaurants, and the vibrant island atmosphere that makes Anna Maria Island so special. This home is being sold for land value

Details

Property type

Single Family Residence

Est. home value

$1,169,512

Lot size

5,001 sq ft

Price per sq ft

$1,122

Year built

1947

Annual property taxes

$12,525.84

HOA

No

Price History

02/21/2025
StellarMLS

StellarMLS #A4641468

Listed
$950,000
+90.38%
06/12/2015
StellarMLS

StellarMLS #M5902281

Sold
$499,000
+18.81%
06/30/2008
StellarMLS

StellarMLS #M566580

Sold
$420,000

Schools & Community

Elementary school: 

Anna Maria Elementary

Middle school: 

Martha B. King Middle

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

$559,925
Asking price
$950,000
Closing costs (~8% of asking)
-$76,000
Est. remaining loan balance
-$314,075
Cash to seller
$559,925

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

Seller’s Loan History

Lender

Branch Banking And Trust Co

Loan start date

June 2015

Original loan amount

$399,000

Est. remaining balance

$314,075

Interest rate

3.65%

Loan type

New Conventional, 30 year

Seller

Matthew S Weiss and Susan P Weiss

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: 02/23/2025 at 4:20 AM

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

Listed by: April Green, DUNCAN REAL ESTATE, INC. Phone #: (941) 779-0304

MLS: StellarMLS #A4641468

StellarMLS logo

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