Amazing opportunity to purchase this hurricane damaged Waterfront Villa in Admiralty Villas which is a Gulf to Bay property located on Beautiful Manasota Key. This condo was sold in May 2022 for $775,000. The HOA is responsible for fixing up the entire exterior of the unit and the buyers will have the option to either allow the HOA to fix up the inside as well or fix up the inside themselves and will be reimbursed up to $87,000 towards qualified repairs. We have a contractor all lined up who will completely finish the entire inside for under $80,000. The buyers will be "All In" completely repaired at the purchase price, and will have a ton of instant equity.
If you have a boat, there are 14 first come slips you can have moored right outside your patio door. Just about every type of bird the Gulf Coast of Florida has to offer passes by your windows each day. At night, you can watch the moon rise casting a brilliant light over the sparkling waters of the Bay. This rare waterfront property sits directly on the Bay offering you a peaceful piece of paradise in an Old Florida setting that is hard to find. The Villa is ground floor with no steps and your private carport just outside the front door. The carport is large, sufficient for storing a car over the summer, with extra storage above for Kayaks or bicycles. A short walk up the private drive leads you to a beautiful freshwater pool and clubhouse, and just across the road is the community’s private access to a wide, sandy beach on the Gulf of Mexico.
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Listing Snapshot
Price
$599,900
Days On Site
3 Days
Bedrooms
3
Inside Area (SqFt)
1,250 sqft
Total Baths
2
Full Baths
2
Partial Baths
N/A
Lot Size
0.2 Acres
Year Built
1972
MLS® Number
N6136573
Status
Active
Property Tax
$5,405
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Public Records
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Listing courtesy of PRESTIGE HOME REALTY 9416158000
Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2025, Stellar MLS.
Data last updated at: 2024-10-29 08:00 PM EDT
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