Active
3707 GULF DR
HOLMES BEACH FL, 34217
$3,950,000
$658.11 per sqft
Active
6,002 sqft
Multi-family
Built in 1973
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.
T3507986
MLSⓇ ID
February 28, 2024
Listed
March 22, 2024
Updated
Map
3707 GULF DR
HOLMES BEACH FL, 34217
Interior Features
Interior Features
Ceiling Fans(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Window Treatments
Appliances
Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Range, Refrigerator, Washer
Laundry Description
Laundry Room
Floor Description
Tile, Vinyl
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central, Electric
Exterior/Building Features
Lot Size
0.23 Acres
Exterior Features
Balcony, Fence, Irrigation System, Lighting, Outdoor Grill, Outdoor Shower, Sliding Doors
Lot Features
Corner Lot, Flood Insurance Required, Flood Zone, Landscaped, Level, Near Public Transit, Private, Paved
Roof
Built-Up, Metal
Sewer
Public Sewer
Other Property Details
Area Name
34217 - Holmes Beach/Bradenton Beach
Taxes
$35,665
Tax Frequency
Annually
Days on Market
17
Garage
Yes
Garage Spaces
4
Parking
Garage Door Opener, Golf Cart Parking, Ground Level, Guest, Under Building
View
Yes
View Description
Garden, Pool, Water
County
Manatee
Municipality
34
Water Source
Private
Pool
Yes
Pool Features
Gunite, Heated, In Ground, Lighting
Zoning
R4
Buyer Agency Compensation
1.5%-$299
Listed by GETMOREOFFERS
Listing Contact: 877-232-9695
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Data last updated 3/22/2024, 8:51 AM UTC