$3,950,000

3707 Gulf Drive, Holmes Beach, FL 34217

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$3,950,000

3707 Gulf Drive Holmes Beach, FL 34217

For Sale MLS# T3507986

6,002 sq ftMulti-family

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Data current as of 21/05/2024 00:18:21

Details for 3707 Gulf Drive

MLS# T3507986

Description for 3707 Gulf Drive, Holmes Beach, FL, 34217


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.

Listing Information


Property Type: Residential

Status: Active

Lot Size: 0.23 Acres

Square Feet: 6,002 sq ft

Year Built: 1973

Garage: Yes

Construction: Block,Stucco,Wood Frame

Subdivision: Casanas

Foundation: Slab

Number Of Units Total: 4

County: Manatee

Additonal Room Information

Laundry: Laundry Room

Interior Features


Appliances: Ice Maker, Dishwasher, Disposal, Dryer, Electric Water Heater, Range, Refrigerator, Washer, Microwave

Flooring: Tile,Vinyl

Doors/Windows: Window Treatments

Additional Interior Features: Built-in Features, Window Treatments, Ceiling Fan(s), Solid Surface Counters, Wood Cabinets, Kitchen/Family Room Combo, Living/Dining Room

Utilities


Water: Private

Sewer: Public Sewer

Other Utilities: Cable Connected,Electricity Connected,Municipal Utilities,Sewer Connected,Underground Utilities,Water Connected

Cooling: Ceiling Fan(s), Central Air

Heating: Central, Electric

Exterior / Lot Features


Attached Garage: Attached Garage

Garage Spaces: 4

Parking Description: Garage, Golf Cart Garage, Guest, Garage Door Opener, Covered

Roof: Built-Up, Metal

Pool: Gunite, In Ground, Heated

Lot View: Garden,Ocean,Pool,Water

Lot Dimensions: 100x100

Additional Exterior/Lot Features: Outdoor Grill, Outdoor Shower, Sprinkler/Irrigation, Balcony, Lighting, Fence, Patio, Balcony, Covered, Deck, Corner Lot, Flat, Level, Landscaped, Near Public Transit, Flood Zone, Private

Waterfront Details


Water Front Features: Gulf Access

Community Features


Security Features: Fire Hydrant(s)

Driving Directions


Heading West on FL-64 turn left (South) on Gulf Dr. Proceed 0.2mi, destination is on the left.

Financial Considerations


Terms: Cash,Conventional

Gross Income: 355000

Tax/Property ID: 7390110109

Tax Amount: 35665

Tax Year: 2023

Price Changes


$3,950,000 Original Price
$3,950,000 Current Price
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Date Price Change
02/29/2024 12.19 PM $3,950,000
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The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

Sales History

Date Price Change
Currently not available.

Tax Summary

Tax Year Estimated Market Value Total Tax
Currently not available.

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Schools nearby 3707 Gulf Drive

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SchoolDigger® Rating

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