107 8th Street South

Bradenton Beach, FL 34217

$5,450,000
Last Sold Price
—
Beds
5,734 Sq. Ft.
$950 / Sq. Ft.
5,734
Sq. Ft.
$950
per Sq. Ft.

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...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.
  1. Listed by Miska Damm • MICHAELA DAMM & PARTNERS
  2. Listed by Ferdy Redelijk • MICHAELA DAMM & PARTNERS

Property Details for 107 8th Street South

Subdivision Name
ISLAND GETAWAY
Township
35
View
Garden
Waterfront
No
Furnished
Furnished

Location

Listing Courtesy of MICHAELA DAMM & PARTNERS, Miska Damm; MICHAELA DAMM & PARTNERS, Ferdy Redelijk

Sold By MICHAELA DAMM & PARTNERS, Miska Damm

Add your commute
LISTING UPDATED: 04/15/2022 07:43 AM

Property Details for 107 8th Street South

StatusSold
MLS #A4521219
Days on Market26
Taxes$22,900 / year
HOA Fees$333 / quarter
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi-Family
Year Built1940
Lot Size0.23 AC / 10,032 SF
CountyManatee County

Location

Listing Courtesy of MICHAELA DAMM & PARTNERS, Miska Damm; MICHAELA DAMM & PARTNERS, Ferdy Redelijk

Sold By MICHAELA DAMM & PARTNERS, Miska Damm

Add your commute

Building Information for 107 8th Street South

Stories-Residences9Year Built1940Building Size-Lot Size0.23 AC / 10,032 SF

Payment Calculator

$31,762 per month

30 year fixed, 7.25% Interest

Principal and Interest

$29,743

Property Taxes

$1,908

HOA Dues

$111

The Payment Calculator is for illustrative purposes only.

Property Information for 107 8th Street South

Summary
Location and General Information
  • Building Area Source: Owner
  • Building Area Total: 6659.0
  • Building Area Units: Square Feet
  • Community Features: Association Recreation - Owned, Sidewalk
  • Directions: From Cortez turn onto Gulf Dr. South. Take a left onto 8th st s and the property is on the right.
  • Elementary School: Anna Maria Elementary
  • Middle Or Junior School: Martha B. King Middle
  • High School: Manatee High
  • Mls Major Change Type: Sold
  • Major Change Type: Closed
  • Listing Service: Full Service
  • Senior Community: No
  • SW Subdiv Community Name: Island Homes
  • SW Subdiv Condo Num: 100
  • Unit Number: No
  • Street Number: 107
  • Street Name: 8TH
  • Street Suffix: STREET
  • Street Direction Suffix: S
  • State: FL
  • City: BRADENTON BEACH
Parking
  • Carport: No
  • Garage: No
  • Parking Features: Assigned, Curb Parking
Taxes and HOA Information
  • Association Fee Requirement: Optional
  • Association: Yes
  • CDD: No
  • Pet Restrictions: Buyer can set his own rules
  • Tax Legal Description: ISLAND GETAWAY CONDOMINIUM PER DECL OF CONDO REC IN OR 2030/1026 AND PER CB 33 PG 181-182 7749900509,7749900159,7749900209,7749900259,7749900559,7749900359,7749900459,7749900409,7749900309
  • Tax Lot: 1
  • Tax Year: 2021
Property
Lot Information
  • Additional Parcels Description: 7749900509,7749900159,7749900209,7749900259,7749900559,7749900359,7749900459,7749900409,7749900309
  • Additional Parcels: No
  • Lot Features: Sidewalk, Street Paved
  • Parcel Number: 7749900109
  • Total Acreage: 0 to less than 1/4
  • Total Num Buildings: 4
  • Water Access: No
  • Water Extras: No
  • Zoning: R2
  • Living Area: 5734
Property and Assessments
  • Year Built Numeric: 1940
  • Association Amenities: Laundry
  • Flood Zone Code: AE
  • Flood Zone Date: 08-10-2021
  • Flood Zone Panel: 12081C0279F
  • New Construction: No
  • Property Attached: No
  • Property Condition: Completed
  • Public Survey Range: 16
  • Public Survey Section: 09
Utilities
  • Green Water Conservation: Whole House Water Purification
  • Sewer: Public Sewer
  • Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected, Public, Water Available, Water Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block, Stucco, Wood Siding
  • Exterior Features: Balcony, Lighting, Outdoor Grill, Sidewalk, Storage
  • Foundation Details: Slab
  • Levels: Multi/Split
  • Other Structures: Other
  • Patio And Porch Features: Front Porch, Patio, Porch, Screened
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Metal
  • Security Features: Fire Alarm
  • Waterfront Feet Total: 0
Interior Features
  • Cooling: Central Air
  • Fireplace: No
  • Flooring: Carpet, Laminate, Tile
  • Heating: Central, Electric
  • Interior Features: Ceiling Fans(s), Crown Molding, Open Floorplan, Walk-In Closet(s), Window Treatments
  • Laundry Features: Laundry Room
  • Living Area Source: Owner
  • Living Area Units: Square Feet
  • Water View: No
Multi Family
Multi-Family Information
  • Annual Net Income: $540,000.00
  • Unit Count: 3
Unit 1
  • Unit Type Pro Forma 1: 295000
  • Unit Type Type 1: 1 Bed/1 Bath
  • Unit Type Units Total 1: 5
Unit 2
  • Unit Type Pro Forma 2: 210000
  • Unit Type Type 2: 2 Bed/1 Bath
  • Unit Type Units Total 2: 3
Unit 3
  • Unit Type Pro Forma 3: 96000
  • Unit Type Type 3: 3 Bed/2 Bath
  • Unit Type Units Total 3: 1
Rental
Rental Information
  • Pets Allowed: Yes

Property History for 107 8th Street South

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 107 8th Street South

Taxable ValueLand-Additions-Total-
Tax Record2022$440 ($37 / month)
Home Facts
Beds0Lot Size10,032 SqFtStyleMiscellaneous ResidentialZoningBB_R-2CountyMANATEEAPN77499.0010-9

Schools near 107 8th Street South

This home is within Manatee.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - 6 to 8
Rating
School
Distance
Anna Maria Elementary School
PublicPK to 5

Martha B. King Middle School
Public6 to 8

Bayshore High School
Public9 to 12

Oasis Middle School
Charter6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of MICHAELA DAMM & PARTNERS, Miska Damm; MICHAELA DAMM & PARTNERS, Ferdy Redelijk

The information is being provided in part by Southwest Florida Multiple Listing Service, Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2, and MarcoMls. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 Southwest Florida Multiple Listing Service and MarcoMls. All Rights Reserved. The data relating to real estate for sale displayed on this website comes in part from the Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2 and MarcoMls. Properties listed with brokerage firms other than Compass are marked with the "BR House" logo. Detailed information about such properties includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties listed with brokerage firms participating in the Naples MLS BR Program, or contained in the database compilation of Naples MLS.