tomo logo

$2,795,000

Beds
5
Baths
4.0
sq ft
2,988

871 N Shore Dr, Anna Maria, FL 34216

871 N Shore Dr

ANNA MARIA, FL 34216

  • 4 days on market
Mid-Century bayfront landmark property! This location does not get better than this, don’t miss this great opportunity to own a unique style property on the sought out North End of Anna Maria Island! With two structures on one lot- the possibilities are endless! With damages from both hurricanes, this property has been remediated and ready for restore. The Beachside house has two bedrooms and two baths, a gorgeous kitchen that looks out over the majestic waters of Tampa Bay. Manatee and Dolphins are seen here daily, so imagine relaxing in one of the beautiful living areas gazing out and behold nature's sites. The second home is similar to a Carriage House with three bedrooms and two baths. The main living area, dining, kitchen, master bedroom and bath are located upstairs and the second and third bedroom with a luxurious bathroom are downstairs. Each home has their own garage and completely gated for peace and privacy. Before the hurricanes, it was being run as a vacation rental with income of around $300K for 2024. Ready for you to create your own piece of paradise with your personalized style and decor!

Details

Property type

Single Family Residence

Est. home value

$3,506,160

Lot size

8,198 sq ft

Price per sq ft

$936

Year built

1960

Annual property taxes

$40,090

HOA

No

Price History

12/18/2024
StellarMLS

StellarMLS #A4630950

Listed
$2,795,000
+45.19%
08/29/2019
StellarMLS

StellarMLS #A4427272

Sold
$1,925,000
+63.83%
04/01/2016
StellarMLS

StellarMLS #M5839129

Sold
$1,175,000
+54.61%

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

$1,228,439
Asking price
$2,795,000
Closing costs (~8% of asking)
-$223,600
Est. remaining loan balance
-$1,342,961
Cash to seller
$1,228,439

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

Seller’s Loan History

Lender

First Financial Bank

Loan start date

August 2019

Original loan amount

$1,500,000

Est. remaining balance

$1,342,961

Interest rate

3.75%

Loan type

New Conventional, 30 year

Seller

Jennifer L Serra and Ryan J Serra

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 3:45 AM

Listing updated: 12/19/2024 at 6:52 AM

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

MLS: StellarMLS #A4630950

StellarMLS logo

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