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Holmes Beach 34217 Holmes Beach
531 70th STREET
$739,000
● House - Off Market

531 70th STREET

Holmes Beach, FL 34217
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,080 Ft²
$1,264,653
RealtyHop Estimate
71.13%
Since Jun 1, 2007
National-US
Primary Model

About This Property

Renovated in 99' 3b/2ba home on a 11,000 sq. ft. canal lot. Bimini Bay view from large caged pool  Dock with lift. Meticulous landscaping. Well maintained, move in condition. Great waterfront value. Check it out!!!!!!
Unit Size
2,080 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$355
Property Type
House
Property Taxes
$351
HOA Dues
-
Year Built
1964

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (Stellar MLS #M553274)

Price History

Date / Event Date Event Price
Jul 2, 2018 Sold
Premium
Sold
Jun 6, 2007 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1991
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: 7
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 221
  • Parking Space Count: 1
  • Patio Type: 59
  • Porch Type: 111
  • Pool Type: 8
  • Location Influence Type: 75

    Dimensions

  • Lot Size Square Feet: 11,238
  • Total Building Area: 1,961
  • Gross Building Area: 1,961
  • Building Area: 1,478
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,478
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BAY PALMS ADDITION UNIT 10
  • Land Acres: 0000000258
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: LOT 22 BAY PALMS UNIT 10 PI#71400.0000/6

Neighborhood

  • School District Name: Manatee County School District
  • School Tax School District: MCPA&MCPS
  • Census Tract: 001801

Zoning

  • Zoning: HB_R-1

Geography

  • Assessors Map Reference: 12B
  • Subdivision Tract Number: 07137200
  • Parcel: 71400-0000-6
  • Lot: 22
  • Meridian: SEC 20 TWN 34S RNG 16E
  • Municipality: HOLMES BEACH
  • Latitude: 27.5198
  • Longitude: -82.7165

    Address

  • Full Address: 531 70th St
  • Legal Unit: 10
  • Address - House Number: 531
  • Address - Street Name: 70th
  • Address - Suffix Type: St
  • State: FL
  • City Name: Holmes Beach
  • Carrier Code: C002
  • 4-Digit Zip Code: 1207
  • Zip Code: 34217

Valuation

    Tax

  • Total Area: 1,478
  • Tax Year: 2022
  • Tax Amount: $1,306,872
  • Tax Rate Code Area: 24

    Appraisal Valuation

  • Standard Deviation: 0.1806
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 76
  • Final Value: 1,469,179
  • High Value: 1,734,564
  • Low Value: 1,203,794

    Market Valuation

  • Market Total Value: $1,134,126
  • Market Land Value: $680,000
  • Market Improvement Value: $454,126

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,134,126
  • Assessed Land Value: $680,000
  • Assessed Improvements Value: $454,126

    Sales

  • Current Sale Contract Date: Jun 29, 2018
  • Current Sale Recording Date: Jul 02, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 201841067544
  • Previous Sale Recording Date: Jun 06, 2007
  • Previous Sale Contract Date: May 22, 2007
  • Previous Sale Amount: $739,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Holmes Beach

Stats & Trends

Median Asking:

$1,297,000

Sale Price/ft²

$856

Below Asking

0.04%

Average Days on Market

122

Average Home Size

2070 ft²

Average Home Age

41.3 years

Currently For Sale

142 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 406 71st St, HOLMES BEACH, FL, 34217

$2,600 /mo

  • 2 Beds
  • 2 Baths
  • 2,061 ft²
406 71st St #A, HOLMES BEACH, FL, 34217 Listing by Rochelle Bowers
Unit for rent at 4001 Gulf Drive, HOLMES BEACH, FL, 34217

$2,400 /mo

  • 2 Beds
  • 2 Baths
  • 1,106 ft²
4001 Gulf Drive #110, HOLMES BEACH, FL, 34217 Listing by Rochelle Bowers

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: MARK KIMBALL
MORGAN - LEWIS REALTY
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# M553274
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. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 531 70th Street built and last sold?
The property at 531 70th Street was built in 1964 and last sold on Jun 29, 2018 for $780,000.
How much is this home worth?
The estimated value of the home located at 531 70th Street is $0.
What are some comparable homes to 531 70th Street?
There are currently no comparable homes to 531 70th Street.
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