Address
2903 Avenue B #A & B, HOLMES BEACH, FL
Price
$ 1,185,000
Property Attributes
  • MLS#A4609567
  • TypeIncome
  • CountyMANATEE
  • CityHOLMES BEACH
  • AreaHolmes Beach-Bradenton Beach
  • NeighborhoodIlexhurst
  • Zip34217
  • StyleDuplex
  • Year Built1971
  • Taxes$ 6812
  • Price$ 1,185,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1464
  • Lot Size0.11 Acres
Data Source:
Stellar MLS
Property Description

ASSUMABLE 3.75% MORTAGE and NO HOA FEES! EXCELLENT INVESTMENT OPPORTUNITY ON ANNA MARIA ISLAND! The price includes both sides of this DUPLEX, featuring 2 Bedrooms and 2 Bathrooms each. The VA loan is assumable at a favorable rate of 3.75% and you DO NOT need to be a veteran. And did mention there are no monthly HOA fees to worry about. Noteworthy recent updates include new hurricane-resistant windows and doors installed in 2023, as well as ground-level block construction and beautifully restored Terrazzo flooring throughout both units, ensuring durability and longevity. The A/C units were installed in 2022 and 2018. The kitchens and baths have been tastefully updated, with granite counters added in 2023. Additionally, there is shared laundry with a new washer on the premises, installed in 2022. The property has been freshly painted inside and out. Maintenance free gravel areas and landscaping have been added, providing ample parking for guests. The shared backyard boasts a spacious 16'3" x 8'7" swim spa/pool, installed in 2022, offering a great place for you or your guests to relax in a hot tub, exercise against the river jets, or cool off with a quick dip – you decide the temperature. The potential of this property knows no bounds and presents numerous possibilities. The current owner has gone above and beyond to create an exceptional vacation rental property that consistently generates income. Alternatively, you have the option to live in one unit while earning income from the other. Both the front and back units are nearly identical, allowing for the possibility of combining them into a spacious single home. Another potential option is to legally separate the units individually through a condominium plat, keep one for yourself and sell the other. The large lot, approximately 5,000 square feet in size, also opens doors to future expansion opportunities. Located on a quiet cul-de-sac and just 7 houses away from the powder soft sand beaches and the vibrant turquoise waters of the Gulf of Mexico. Even during the vacation season, on-off island access remains convenient along with being close to shopping, dining, grocery and entertainment. With its unique design and sought-after location, this multi-family property offers an excellent opportunity for immediate income and/or living your island life dream. Don't miss out on this exceptional income-generating gem! This is a monthly rental.

Elementary School Middle School High School
Anna Maria Elementary Martha B. King Middle Manatee High
Price History
5/4/2024 Listed $1,250,000
6/3/2024 1% - $1,240,000
6/14/2024 5% - $1,185,000

General Features

Interior Features Ceiling Fan(s),Eating Space In Kitchen,Living Room/Dining Room Combo,Solid Surface Counters,Solid Wood Cabinets,Split Bedroom,Stone Counters
Sewer Public Sewer
Heating Electric
Cooling Central Air
Utilities Public
Possession Close of Escrow
Roof Shingle
Appliances Dishwasher,Disposal,Dryer,Electric Water Heater,Exhaust Fan,Microwave,Range,Refrigerator,Washer
Exterior Features Outdoor Shower,Storage
Zoning R1
Patio/Porch Features Deck,Patio
Pool Features Above Ground,Heated
Security Features Closed Circuit Camera(s),Security Lights
Construction Materials Block
Pets Allowed Yes
Year Built 1971
View Trees/Woods
Levels One
Unit Number A & B
Property SubType Duplex
Tax Year 2023
Percent Ownership Fee Simple
County Manatee
New Construction No
Property Type Residential Income
HOA / Comm Assn No
Subdivision Name ILEXHURST
Garage Y/N No
Other Structures Shed(s),Storage
Status Active
Directions Gulf Drive to 29th St.,left on Avenue B,home will be on your right.
ModificationTimestamp 2024-06-14T12:55:16.930Z
High School Manatee High
City HOLMES BEACH
Buyer Agent Compensation 3%
Disclosures Lead Paint,Other,Seller Property Disclosure
View Y/N Yes
Senior Community Y/N No
NumberOfUnitsTotal 2
MLS Area 34217 - Holmes Beach/Bradenton Beach
Lot Size Units Square Feet
Lot Size Square Feet 5001
Waterfront Y/N No
Carport Y/N No
Spa Features Swim Spa
Elementary School Anna Maria Elementary
Land Lease Y/N No
Tax Annual Amount 6812.16
Middle/Junior High School Martha B. King Middle
Additional Parcels Y/N No
Lease Considered Y/N Yes
Virtual Tour https://www.propertypanorama.com/instaview/stellar/A4609567
Days on Market 42
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Owner
Tax Lot 2
Legal Description LOT 2 BLK 43 ILEXHURST PI#74790.0000/7
Water Access Type Gulf/Ocean,Intracoastal Waterway
Minimum Lease 1 Month
Water Access Y/N Yes
Water View Y/N No
Flood Zone Code AE

Interior Features

Flooring Terrazzo
Furnished Y/N Negotiable
Air Conditioning Y/N Yes
Heating Y/N Yes
Window Features Blinds,Impact Glass/Storm Windows,Rods,Window Treatments
Fireplace Y/N No
Laundry Features Other
LivingAreaSource Public Records

Exterior Features

Lot Features Cul-De-Sac,Near Public Transit
Water Source Public
Lot Size Area 5001
Foundation Details Slab
Number of Buildings 1
Spa No
Building Area Total 1464
Lot Dimensions 50 x 100
Lot Size Acres 0.11
Road Surface Type Paved,Concrete
Road Frontage Type Street Paved
Road Responsibility Public Maintained Road

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 $2.01M
$1.19M
Taxes
AVG $15,997
$6,812
Visits
AVG 908
675
Data Provided by Inside Real Estate®
Year Built
AVG 1969
1971