1811 Palma Sola Blvd

Off Market

1811 Palma Sola Blvd

Bradenton FL 34209

2154 sq. ft.

21075 sq. ft.

Single-Family

Last sold for $640,000

Clay OSteen, last sold this property on 30 August 2019 after 647 days on market.

Overview

BELOW APPRAISAL *PRICE REDUCTION ON* Appraisal (attached): Cost Approach $992,300/Sales Approach $850,000. Spacious 2,150 sq.ft. 3BR/2BA Waterfront Old Florida Style residence on Palma Sola Bay. Includes Deep Water Dock & Lift with power & water connected. Residence offers Vacation Living 365 Days a Year. Inside features Front Florida Room with Fantastic Water Views, Spacious Open Floor Plan, Split-Bedroom design and 2nd Florida Room in the back adjacent to the Kitchen& Dining Area. The 2nd Florida Room opens onto the Expansive Fenced Back Yard offering ample space to add a Pool, Garage, Guest House or Storaging your Boat, RV or Trailer. A Waterfront Boating & Fishing Paradise just minutes from the Beautiful Gulf Beaches..."50% FEMA Rule" Appraisal of $570,000, The 50% FEMA Rule Appraisal gives property owners an understanding of how much money they are allowed to spend to Add Onto, Improve, or Repair a property Without Elevating or otherwise bringing the structure into compliance with current FEMA standards. A garage type structure doesn't go against the expansion allowance. This Properties FEMA Appraisal is $570,000 for the "50% FEMA Rule" and equates to $285,000 worth of expansion is Allowed To The Ground Floor. Example: At a construction cost of $250.00 per sq.ft., the additional living space allowed to existing ground floor would be 1,140 sq.ft. for a total of 3,329 sq.ft. Gross Living Area. A lower per Sq. Ft. cost applied would equate to more additional living area.

Features

3 bedrooms

2 bathrooms

2154 sq. ft. floor area

21075 sq. ft. lot size

Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Bradenton over the last 12 months, the estimated median property value of 1811 Palma Sola Blvd is $478.5k.

Median value

$478.5k

Estimated value range

$215k - $2.13m

Median days on market

Estimated value trend

-9%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Bradenton. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1811 Palma Sola Blvd

2019

Sold

$640,000

30 Aug 2019 by Clay OSteen, of O'STEEN GROUP INC

2005

Sold

$830,000

15 Aug 2005 by DAN DOUGLASS, of J. DANIEL DOUGLASS

Happy sellers in Bradenton

88%

88% of sellers in Bradenton reported that their sale price either exceeded or met their price expectations.

Bradenton stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 48 reviews in Bradenton over the last 12 months.

Local market activity for 3 bedroom single-family properties in Bradenton

In the last 12 months, 226 three-bedroom single-family properties similar to 1811 Palma Sola Blvd, have been sold.

This represents a 12% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Bradenton for a market analysis.

Sarah Zupa

at WAGNER REALTY

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(14 reviews)

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Jo Lee Mansfield

at REMAX Alliance Group | Sarasota

(94 reviews)

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Eileen Gillen and Brian Gillen - The Gillen Group

at COLDWELL BANKER REALTY

(96 reviews)

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Nearby agents

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Jo Lee Mansfield

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