Bradenton Beach, FL 34217,107 8TH ST S
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Bradenton Beach, FL 34217,107 8TH ST S
Bradenton Beach, FL 34217,107 8TH ST S
Bradenton Beach, FL 34217,107 8TH ST S
Bradenton Beach, FL 34217,107 8TH ST S

$5,450,000

Est. payment /mo

$5,390,000

1.1%
Est.Price: ?

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

SOLD DATE : 04/14/2022

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

Parking Type Assigned, Curb Parking

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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Stellar MLS
Listed by MICHAELA DAMM & PARTNERS
Bought with MICHAELA DAMM & PARTNERS

Stephen Michalakos

Senior Real Estate Advisor | License ID: SL3408427

+1(727) 601-8676

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