3718 Gulf Drive, HOLMES BEACH

$3,400,000

0 Beds
0 Baths
0 Sqft
.17 Acres
0 Garages

Sailfish Gulf Suites is a Gulf front, Old Florida style ground level accommodation. Sailfish Gulf Suites is comprised of 4 separate suites and was completely remodeled in 2020. Suites 1 and 2 have direct Gulf views and suites 3 and 4 have garden views. All suites feature 1 bedroom with a king size bed, a sleeper sofa with a queen bed, and 1 tub/shower. Each suite is approximately 700 square feet and accommodates up to 4 persons.
There is a large, shared patio area with tables, chairs, umbrellas, and a gas/charcoal grills. From there, you can enjoy wonderful island breezes, views of the dunes, and the beautiful turquoise water. Enjoy your morning coffee on the patio while the dolphins swim along the shoreline or enjoy a glass of wine while watching the most amazing sunsets. There are outdoor showers on either side of the complex for rinsing off your sandy feet and a shared laundry room on site.
A host of amenities are just a short walk away including shopping, restaurants, and a full service grocery store. The nearby Manatee Public beach offers a lifeguard tower, onsite concessions, showers, playground, and volleyball courts. Hop on the free Anna Maria Trolley to explore the island on your own.
Sailfish Gulf Suites has the perfect vintage feel of an Old Florida retreat with all the modern amenities!
Property and rentals are currently self managed by owners, with a first year gross revenue of $322,000 and a CAP rate of approximately 7%.

Essential Information
MLS® #A4490471
Price$3,400,000
Acres0.17
Year Built1967
TypeResidential Income
Sub-TypeQuadruplex
StatusActive
Price Per Sqft$1,178
Community Information
Address3718 Gulf Drive
AreaHolmes Beach/Bradenton Beach
SubdivisionCASANAS SUB
CityHOLMES BEACH
CountyManatee
StateFL
Zip Code34217
Community FeaturesSidewalks
Pet Restrictions YNN
Minimum Lease1 Week
Amenities
ParkingAssigned,None,Parking Pad
WaterfrontGulf/Ocean
Water ViewGulf/Ocean - Full
Exterior
FoundationSlab
Exterior Features

Fence,Outdoor Grill,Outdoor Shower,Rain Gutters,Sliding Doors

School Information
ElementaryAnna Maria Elementary
MiddleMartha B. King Middle
HighManatee High
Additional Information
Date ListedFebruary 8th, 2021
Days on Market166
ZoningR4
Costs
Taxes$23,459
Tax Year2020
Property History
Price Reduced from $3,500,000 to $3,400,000
Price Reduced from $3,650,000 to $3,500,000
Price Reduced from $3,770,000 to $3,650,000

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Listing data comes from My Florida Regional MLS DBA Stellar MLS.

Listing information last updated on July 24th, 2021 at 12:51pm EDT.