Address
3707 Gulf DRIVE, HOLMES BEACH, FL
Price
$ 3,950,000
Property Attributes
  • MLS#T3507986
  • TypeIncome
  • CountyMANATEE
  • CityHOLMES BEACH
  • AreaHolmes Beach-Bradenton Beach
  • NeighborhoodCasanas
  • Zip34217
  • StyleQuadruplex
  • Year Built1973
  • Taxes$ 35665
  • Price$ 3,950,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage6002
  • Lot Size0.23 Acres
Data Source:
Stellar MLS
Property Description

Welcome to Family Tides on Anna Maria Island. This resort style 4 plex is located just 300ft from the beach on a corner lot. This spectacular fully updated property is very unique to the market. Its major selling points include a 6-month-old 8-person spa, large heated pool with a waterfall feature, rooftop deck with views of the gulf, and its (5) suite (4) unit layout. Each suite has its own kitchen and living room with all new furniture and finishes making the house ideal for multiple groups traveling together. Each unit comes equipped with zoned central A/C and smart thermostats. All appliances, electronics and furnishings are included in the sale. This property is completely turnkey and has performed very well as a vacation rental for the past three years, averaging 25 booked weeks and $345,000 in gross rents annually. There is upside to take advantage of by filling more vacant weeks. One of the major advantages of this property is its zoning as a full (4) unit. Each unit can be marketed to accommodate up to (6) occupants which means the property as a whole can legally advertise as accommodating up to (24) people. There is onsite parking available for up to (12) cars. There are very few single properties on the island able to host that many people. In late 2021 the roof was re-done with a brand-new hidden fastener standing seam metal roof. The section at the roof top deck is 3-ply built up roofing and was re-done in 2021 as well. Most of the exterior sliding doors and windows were replaced. All the units received new HVAC units in 2021. Outside features a large wrap around block paver patio space with multiple tables, chaise lounges, and sitting areas. Relax after a day at the beach at your own tiki bar with TV. The pool, quite large for an island property, is heated and has a beautiful rock waterfall feature and blue LED lights for evening swimming. Decks go around much of the property; some have ocean views. There also is a rooftop patio with tropical ocean views. The beach access across the street takes you to a beautiful section of open sand and is mainly used just by the locals due to limited public access. This home is centrally located for enjoying everything on the island. A 5-minute walk brings you to Publix (grocery), Dunkin Donuts, great beach shops, and restaurants. The AMI trolley stops are located across from Publix. This free trolley travels the length of the island and is an excellent way to get around, especially if you don't have a car. This is a great investment opportunity.

Price History
2/28/2024 Listed $3,950,000

General Features

Interior Features Ceiling Fan(s),Kitchen/Family Room Combo,Living Room/Dining Room Combo,Solid Surface Counters,Solid Wood Cabinets,Thermostat,Window Treatments
Sewer Public Sewer
Heating Central,Electric
Cooling Central Air
Utilities Cable Connected,Electricity Connected,Fire Hydrant,Public,Sewer Connected,Underground Utilities,Water Connected
Roof Built-Up,Metal
Appliances Dishwasher,Disposal,Dryer,Electric Water Heater,Ice Maker,Microwave,Range,Refrigerator,Washer
Exterior Features Balcony,Fenced,Irrigation System,Lighting,Outdoor Grill,Outdoor Shower,Sliding Doors
Zoning R4
Garage Spaces 4
Patio/Porch Features Covered,Deck,Patio
Pool Features Gunite,Heated,In Ground,Lighting
Construction Materials Block,Stucco,Wood Frame
Pets Allowed Yes
Year Built 1973
View Garden,Pool,Water
Property SubType Quadruplex
Tax Year 2023
Percent Ownership Fee Simple
County Manatee
New Construction No
Property Type Residential Income
HOA / Comm Assn No
Attached Garage Yes
Subdivision Name CASANAS
Garage Y/N Yes
Status Active
Directions Heading West on FL-64 turn left (South) on Gulf Dr. Proceed 0.2mi,destination is on the left.
City HOLMES BEACH
Buyer Agent Compensation 1.5%-$299
Senior Community Y/N No
Total Units 4
MLS Area 34217 - Holmes Beach/Bradenton Beach
Lot Size Square Feet 10001
Private Pool Yes
Waterfront Y/N No
Carport Y/N No
Street Name Gulf
Listing Terms Cash,Conventional
Spa Features In Ground
Tax Annual Amount 35665
Public Remarks Welcome to Family Tides on Anna Maria Island. This resort style 4 plex is located just 300ft from the beach on a corner lot. This spectacular fully updated property is very unique to the market. Its
Lease Considered Y/N Yes
Virtual Tour https://www.propertypanorama.com/instaview/stellar/T3507986
Days on Market 15
Standard Status Active
Tax Lot 3
Legal Description LOT 3 BLK 22 CASANAS SUB PI#73901.1010/9
Water View Gulf/Ocean - Partial
Water Access Type Gulf/Ocean
Minimum Lease 1 Week
Water Access Y/N Yes
Additional Rooms Bonus Room,Inside Utility
Water View Y/N Yes

Interior Features

Flooring Tile,Vinyl
Furnished Y/N Turnkey
Common Walls Corner Unit
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Street Suffix DRIVE
Laundry Features Laundry Room
LivingAreaSource Public Records
Living Area Units Square Feet

Exterior Features

Parking Features Garage Door Opener,Golf Cart Parking,Ground Level,Guest,Under Building
Lot Features Corner Lot,Flood Insurance Required,FloodZone,Landscaped,Level,Near Public Transit,Private
Water Source Private
Lot Size Area 10001
Foundation Details Slab
Number of Buildings 1
Spa Yes
Building Area Total 9350
Lot Dimensions 100 x 100
Lot Size Acres 0.23
Road Surface Type Paved,Asphalt
Lot Size Units Square Feet
Covered Spaces 4
Road Frontage Type Street Paved

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 34217

Price
AVG $2.24M
$3.95M
Taxes
AVG $16,407
$35,665
Visits
AVG 628
1130
Data Provided by Inside Real Estate®
Year Built
AVG 1969
1973