1801 Gulf Drive North #192 Bradenton Beach, FL 34217

$535,000
2
Beds
2
Baths
10.79
Acres
1,080
SQFT
495
$/SQFT
$535,000
2
Beds
2
Baths
1,080   sf
$495 / sf
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This ground floor two bedroom two bath is on the Bay of Sarasota, The condo received flood waters during Hurricane Helene with approximately 3 feet of water.The condo is currently undergoing moisture mitigation by Wrightway which is provided thru the assocations flood insurance. The insurance will cover replacing the walls/ insullation and doors once it is completely dried out, Addtionally the insurance wiill cover replacing the appliances and all cabinets that were impacted by the flood waters. The insurance will pay for restoring the unit with the exception of the washer and dryer and furniture. Additionally work is being done on the clubhouse, pool, fitness center, tennis and the pickelball facitiies which were damaged during the hurricanes.The unit has a new water tank and the air conditioning was replaced in 2018. All windows and doors were replaced in 2013 with hurricane proof windows and doors.Addtionally the board had approved to replace the roof prior to the hurricanes and the seller will pay in full the special assessment in the amount of $13,986.This is an opportunity to redecorate this unit to your particular style and taste.This unit has an excellent rental history and is a favorite for return guests. In 2023 this unit had rentals exceeding $60k.THE INTERIOR PICTURES WERE TAKEN DAYS BEFORE THE FLOODING.

This ground floor two bedroom two bath is on the Bay of Sarasota, The condo received flood waters during Hurricane Helene with approximately 3 feet of water.The condo is currently undergoing moisture mitigation by Wrightway which is provided thru the assocations flood insurance. The insurance will cover replacing the walls/ insullation and doors once it is completely dried out, Addtionally the insurance wiill cover replacing the appliances and all cabinets that were impacted by the flood waters. The insurance will pay for restoring the unit with the exception of the washer and dryer and furniture. Additionally work is being done on the clubhouse, pool, fitness center, tennis and the pickelball facitiies which were damaged during the hurricanes.The unit has a new water tank and the air conditioning was replaced in 2018. All windows and doors were replaced in 2013 with hurricane proof windows and doors.Addtionally the board had approved to replace the roof prior to the hurricanes and the seller will pay in full the special assessment in the amount of $13,986.This is an opportunity to redecorate this unit to your particular style and taste.This unit has an excellent rental history and is a favorite for return guests. In 2023 this unit had rentals exceeding $60k.THE INTERIOR PICTURES WERE TAKEN DAYS BEFORE THE FLOODING.

  • Neighborhood
  • Type
  • Total Baths
  • County
    Manatee
  • Area
    34217 - Holmes Beach/Bradenton Beach
  • Tax Amount
    $7,672
  • Status
    Active
  • Listing #
    A4626619
  • Built
    1978
  • Lot Size
    10.79
  • Listed on site
    29 days

Listed by:
Anna Maria Island Beaches Re

Source:
StellarMLS

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Property details

Community Features

  • Community Pool
  • Community Fitness Room
  • Golf Community
  • No HOA
  • Rental Restrictions - 1 Week

Property Features

  • Sewer
  • Pets Allowed
  • Has Virtual Tour

Exterior features

  • Balcony
  • No Pool
  • Storage Buildings
  • Tennis Court
  • Stucco

Interior Features

  • Central Air Conditioning
  • Walk-In Closet
  • Laundry Hookup
  • Tile - Floors

Style

  • 1st Floor Unit

Financing

  • None

Property History

DateDays AgoEventNew Price
Nov 5, 202417 days agoPrice decreased34,000 (6%)$535,000
Oct 23, 202430 days agoNew on market$569,000
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