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107 8TH STREET S

Multi-family Recently Sold
$5,450,000

BTC: 62.05104786

ETH: 2,725.00000000

Sold on: 2022-04-14
26 days
0 room(s)
5,734 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

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.

Location

Facts and features

Type:
Residential Income
Parking:
Assigned / Curb Parking
Year Built:
1940
Lot:
0.23 Acres
Heating:
Central / Electric
Price/sqft:
$940
Cooling:
Central Air
HOA:
$333
All facts and features
  • Flooring

    • Carpet

    • Laminate

    • Tile

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Other interior features

    • Ceiling Fan(s)

    • Crown Molding

    • Open Floorplan

    • Walk-In Closet(s)

    • Window Treatments

  • Parking

    • Assigned

    • Curb Parking

    Property

    • Levels: Multi/Split

    • Exterior Features: Balcony / Lighting / Outdoor Grill / Sidewalk / Storage

    Lot

    • Lot: 0.23 Acres

    Other Property Information

    • Parcel Number: 7749900109

    • Zoning: R2

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Multi Family

  • Utility

    • BB/HS Internet Available

    • Cable Available

    • Cable Connected

    • Electricity Available

    • Electricity Connected

    • Public

    • Water Available

    • Water Connected

  • Other financial information

    • HOA: $333

    • HOA Frequency: Quarterly

    • Annual tax amount: $22,900

  • Source details

    • MLS ID: A4521219

    Other facts

    • Construction Materials: Block / Stucco / Wood Siding

    • Foundation Details: Slab

    • Laundry Features: Laundry Room

    • Lot Features: Sidewalk

    • Patio And Porch Features: Front Porch / Patio / Porch / Screened

    • Other Structures: Other

    • Living Area: 5734

    • Water Source: Public

    • Subdivision Name: ISLAND GETAWAY

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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 ©2025-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: MICHAELA DAMM & PARTNERS