1603 Gulf Dr N, #3, Bradenton Beach, FL, 34217 | $399,500

Under contract-accepting backup offers. Live the Island life for under $400K. Best priced investment option on Anna Maria Island! Sellers are ready for their next adventure. All reasonable offers considered. Vacation rental grossing over $35K annually. Step inside this remodeled beach getaway with tropical soft colors and modern kitchen & bath with granite counters, new appliances and cabinetry. A/C 2021 This stylishly decorated cottage is offered turnkey furnished with 2 flat screen TVs, king size bed, queen sleeper sofa in the living room. Shaded private front patio comes with new paver brick walkway. (not pictured) Convenient private parking right outside your door. Tradewinds Beach Resort is located on quaint Anna Maria Island on the Gulf of Mexico. This charming resort has pastel cottages covered with tangles of jasmine and bougainvillea. Romantic cottages line both sides of a private street that ends at a large heated pool set among palm trees & a fishing pier that juts into Sarasota Bay. A private white-sand beach is located just across the street, beside that glorious turquoise water you're coming for & sunset views that promise to break your heart with their beauty. Numerous charcoal BBQ grills set beside arbors shaded with flowering vines and picnic tables beneath for al fresco dining. Laundry facilities 24/7 on premises. Pet friendly too! If desired on site management offers maid service, towels, beach loungers & umbrellas. Enjoy blocking out time to stay on the island in your Condo and when your not there gain income from nightly, weekly or monthly stays. Just a short stroll away lies Historic Bridge Street w/numerous boutique shops and restaurants. Catch the free island wide trolley right outside the driveway & explore the individual styles of Holmes Beach & Anna Maria.

Features

  • Heating: Central, Electric
  • Cooling: Central Air
  • Levels: 1
  • Amenities: Cable TV, Laundry, Pool
  • Rooms: 3
  • Bedrooms: 1
  • Baths: 1 full
  • Laundry: Common Area
  • Complex: TRADEWINDS
  • Year Built: 1971
  • Approx Sq. Feet: 540
  • Est. Taxes: $5,779
  • Condo Fee: $1,075 Monthly
  • Lot Desc: FloodZone, City Lot, In County, Landscaped, Level, Near Public Transit, Sidewalk
  • Pet Policy: Yes
  • Appliances: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
  • MLS#: A4594653
  • Days on Market: 131 days
  • Website: https://www.raveis.com
    /prop/A4594653/1603gulfdrn_bradentonbeach_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 6/10/2024 5:33:35 AM)
Listing courtesy of ISLAND REAL ESTATE-ANNA MARIA   Phone: 941-778-6066

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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1603 Gulf Dr N, #3, Bradenton Beach, FL, 34217

$399,500

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $319,600 $319,600 $319,600
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.984% 7.146% 6.256%
Monthly Tax Payment $482 $482 $482
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,126 $2,124 $2,695
Total Monthly Payment $2,683 $2,681 $3,252

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.