Price Reduced 3.84%
Price History
$1,299,900
2/16/2024
$1,250,000
4/29/2024
2903 Avenue B, #A & B, Holmes Beach, FL, 34217
12 rooms
4 beds
4 Full baths
1971
Traditional
1,464 sqft
ASSUMABLE 3.75% MORTAGE and NO HOA FEES! EXCELLENT INVESTMENT OPPORTUNITY ON ANNA MARIA ISLAND! The price includes both sides of this DUPLEX, featuring 2 Bedrooms and 2 Bathrooms each. The VA loan is assumable at a favorable rate of 3.75% and you DO NOT need to be a veteran. And did mention there are no monthly HOA fees to worry about. Noteworthy recent updates include new hurricane-resistant windows and doors installed in 2023, as well as ground-level block construction and beautifully restored Terrazzo flooring throughout both units, ensuring durability and longevity. The A/C units were installed in 2022 and 2018. The kitchens and baths have been tastefully updated, with granite counters added in 2023. Additionally, there is shared laundry with a new washer on the premises, installed in 2022. The property has been freshly painted inside and out. Maintenance free gravel areas and landscaping have been added, providing ample parking for guests. The shared backyard boasts a spacious 16'3" x 8'7" swim spa/pool, installed in 2022, offering a great place for you or your guests to relax in a hot tub, exercise against the river jets, or cool off with a quick dip – you decide the temperature. The potential of this property knows no bounds and presents numerous possibilities. The current owner has gone above and beyond to create an exceptional vacation rental property that consistently generates income. Alternatively, you have the option to live in one unit while earning income from the other. Both the front and back units are nearly identical, allowing for the possibility of combining them into a spacious single home. Another potential option is to legally separate the units individually through a condominium plat, keep one for yourself and sell the other. The large lot, approximately 5,000 square feet in size, also opens doors to future expansion opportunities. Located on a quiet cul-de-sac and just 7 houses away from the powder soft sand beaches and the vibrant turquoise waters of the Gulf of Mexico. Even during the vacation season, on-off island access remains convenient along with being close to shopping, dining, grocery and entertainment. With its unique design and sought-after location, this multi-family property offers an excellent opportunity for immediate income and/or living your island life dream. Don't miss out on this exceptional income-generating gem!
Status:
Active
Type:
Single-family residential
Furnished Remarks:
Negotiable
Laundry Remarks:
Other
Subdivision:
ILEXHURST
Heating:
Electric
Cooling:
Central Air
Levels:
1
Lot Size:
50 x 100
Acreage:
0.11
Est. Taxes:
$6,812
Construction
Block
Utilities
Public
Lot Description:
Cul-De-Sac, Near Public Transit
View Description:
Trees/Woods
Elementary School:
Anna Maria Elementary
Middle School:
Martha B. King Middle
High School:
Manatee High
Days on Market:
74
Elevator:
N
Pet Policy:
Yes
Appliances:
Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
Pool:
Above Ground
Min Lease Term:
1 Month
MLS #:
A4599869
Community Info
School Info
Walk Score
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Listing courtesy of MICHAEL SAUNDERS & COMPANY Phone: 941-388-4447