$5,450,000
$5,390,000
1.1%For more information regarding the value of a property, please contact us for a free consultation.
107 8TH ST S Bradenton Beach, FL 34217
5,734 SqFt
Key Details
Sold Price $5,450,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,734 sqft
Price per Sqft $950
Subdivision Island Getaway
MLS Listing ID A4521219
Sold Date 04/14/22
Construction Status Inspections
HOA Fees $111/qua
HOA Y/N Yes
Year Built 1940
Annual Tax Amount $22,900
Lot Size 10,018 Sqft
Acres 0.23
Property Description
We are proudly Introducing a truly unique opportunity to own this special 9 unit property on Anna Maria Island, very close to the expanding Sarasota and Longboat Key area.
The Island Getaway Cottages are located within a minute’s walk from the world’s most beautiful sand beaches on the Gulf side and our dock on the Bay side. You can enjoy the serenity of the Island’s sunrises, watch the dolphins jump through the blue Gulf waters and see the breath-taking sunsets daily. Historic Bridge street, and City Pier provide plenty of restaurants and bars and several marinas around for boat rental, water sports and day or night fishing are a short walking distance away. All locations also can be accessed by free trolly. No through traffic ensures a private location to enjoy the very special quiet and serene atmosphere of the Island Getaway Cottages, unlike any other accommodations in the area.
The property comes completely turn-key. The one, two and three bedroom units are all upgraded and have the UV/HEPA air, and a water purification system for the guest’s enjoyment. Most units have private lanais as well. The lighted courtyard is in the center of all 9 units and provides private seatings for the guests to enjoy a coffee, read a book or play games in a tropical outdoor setting. There is space left for two additional units, a pool or/and a lookout/sundeck.
This is a rare opportunity to own prime real estate and a high income-producing, five star rated business that gives you an easy return on your investment. The HOA is structured that the Cottages can be later sold as separate units by the buyer. Marketing and rental programs are all in place and a record number of returning guests with future reservation exists in the pipeline. This listing will not last long so schedule a showing today. Proof of funds for showings are required.
Location
State FL
County Manatee
Community Island Getaway
Zoning R2
Direction S
Interior
Interior Features Ceiling Fans(s), Crown Molding, Open Floorplan, Walk-In Closet(s), Window Treatments
Heating Central, Electric
Cooling Central Air
Flooring Carpet, Laminate, Tile
Furnishings Furnished
Fireplace false
Laundry Laundry Room
Exterior
Exterior Feature Balcony, Lighting, Outdoor Grill, Sidewalk, Storage
Garage Assigned, Curb Parking
Community Features Association Recreation - Owned, Sidewalks
Utilities Available BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected, Public, Water Available, Water Connected
Amenities Available Laundry
Waterfront false
View Garden
Roof Type Metal
Porch Front Porch, Patio, Porch, Screened
Garage false
Private Pool No
Building
Lot Description Sidewalk, Paved
Entry Level Multi/Split
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block, Stucco, Wood Siding
New Construction false
Construction Status Inspections
Schools
Elementary Schools Anna Maria Elementary
Middle Schools Martha B. King Middle
High Schools Manatee High
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Monthly Total Fees $111
Acceptable Financing Cash, Conventional, Private Financing Available
Membership Fee Required Optional
Listing Terms Cash, Conventional, Private Financing Available
Special Listing Condition None
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Bought with MICHAELA DAMM & PARTNERS
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