$550,000
$579,000
5.0%For more information regarding the value of a property, please contact us for a free consultation.
109 MANGROVE AVE #109 Anna Maria, FL 34216
2 Beds
2 Baths
880 SqFt
Key Details
Sold Price $550,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 880 sqft
Price per Sqft $625
Subdivision Anna Maria Beach Cottages Condo
MLS Listing ID A4212214
Sold Date 04/12/19
Bedrooms 2
Full Baths 2
Construction Status Inspections
HOA Y/N No
Year Built 1947
Annual Tax Amount $5,175
Property Description
INVESTOR ALERT!!! Fantastic income property in the city of Anna Maria and just 4 houses to the beach!! This darling 2/2 cottage is one of the eleven Anna Maria Beach Cottages, a small quiet community nestled between Oak and Mangrove Ave. Each cottage is individually owned and pays a portion of the total expenses based on the corresponding ownership rate. With over 72K in revenue, you can enjoy a seasonal stay of up to 6 weeks/year, and rent out the rest of the time with the onsite resort management, which provides positive cash flow above all operating costs. This Anna Maria City gem has newly refinished hardwood floors, a new king size bed and refrigerator in 2017, new A/C and walk-in shower tiling in 2016 along with a new tankless water in 2015. You will love the classic Florida accents like the shiplap ceilings, coastal décor and furnishings (sold turnkey furnished), private patio with outdoor shower right across from the community pool. Perfectly maintained and landscaped, it’s all done for you, just relax & enjoy the island lifestyle….
Location
State FL
County Manatee
Community Anna Maria Beach Cottages Condo
Zoning R2
Rooms
Other Rooms Florida Room
Interior
Interior Features Ceiling Fans(s), Kitchen/Family Room Combo
Heating Central
Cooling Central Air
Flooring Ceramic Tile, Wood
Furnishings Furnished
Fireplace false
Appliance Dishwasher, Disposal, Oven, Range, Refrigerator, Tankless Water Heater
Exterior
Exterior Feature Lighting, Sliding Doors
Garage Assigned, Driveway, Golf Cart Parking, Guest, None, On Street
Pool Gunite, In Ground
Community Features Deed Restrictions, Pool
Utilities Available Cable Connected, Public
Waterfront false
Water Access 1
Water Access Desc Beach - Public
View Garden
Roof Type Metal
Porch Covered, Deck, Patio, Porch
Garage false
Private Pool No
Building
Lot Description FloodZone, In County, Private
Story 1
Entry Level One
Foundation Crawlspace
Architectural Style Bungalow
Structure Type Siding,Wood Frame
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 No
HOA Fee Include Cable TV,Pool,Electricity,Escrow Reserves Fund,Fidelity Bond,Insurance,Internet,Maintenance Structure,Maintenance Grounds,Maintenance,Management,Pest Control,Sewer,Trash,Water
Senior Community No
Ownership Condominium
Acceptable Financing Cash, Other
Membership Fee Required None
Listing Terms Cash, Other
Special Listing Condition None
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Bought with ISLAND REAL ESTATE-ANNA MARIA