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2903 AVENUE B UNIT A & B

Multi-family For Sale
$1,185,000

BTC: 17.83771115

ETH: 324.96914850

-$65K (2024/06/14)
44 days
0 room(s)
1,464 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

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! This is a monthly rental.

Location

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
1971
Lot:
0.11 Acres
Heating:
Electric
Price/sqft:
$809
Cooling:
Central Air
HOA:
No Data
All facts and features
  • Flooring

    • Terrazzo

    Heating

    • Electric

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Electric Water Heater

    • Exhaust Fan

    • Microwave

    • Range

    • Refrigerator

    • Washer

    Other interior features

    • Ceiling Fan(s)

    • Eating Space In Kitchen

    • Living Room/Dining Room Combo

    • Solid Surface Counters

    • Solid Wood Cabinets

    • Split Bedroom

    • Stone Counters

  • Property

    • Levels: One

    • Pool Private: Yes

    • Exterior Features: Outdoor Shower / Storage

    Lot

    • Lot: 0.11 Acres

    Other Property Information

    • Parcel Number: 7479000007

    • Zoning: R1

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Utility

    • Public

  • Other financial information

    • Annual tax amount: $6,812

  • Source details

    • MLS ID: A4609567

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Laundry Features: Other

    • Lot Features: Cul-De-Sac / Near Public Transit

    • Patio And Porch Features: Deck / Patio

    • Pool Features: Above Ground / Heated

    • Window Features: Blinds / Impact Glass/Storm Windows / Rods / Window Treatments

    • Other Structures: Shed(s) / Storage

    • Living Area: 1464

    • Water Source: Public

    • Lot Size Dimensions: 50 x 100

    • Subdivision Name: ILEXHURST

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: MICHAEL SAUNDERS & COMPANY