The Anna Maria Island Sun Newspaper

Vol. 13 No. 44 - August 28, 2013

REAL ESTATE

North Point Harbour revisited

LOUISE BOLGER | SUN
The entrance to North Point Harbour is at the end of Key Royale Drive.

It’s no secret that Anna Maria real estate has taken a sharp turn north during the last year. In view of that, I decided to take a look at some of the communities on the island that I profiled early on in the life of this column. The very first community profile I wrote was in December 2000, so what better place to start.

Everyone knows Key Royale is a separate island on the other side of the humpback bridge in Holmes Beach, but not everyone knows that within Key Royale is a separate community known as North Point Harbour. At the north end of Key Royale is a small enclave of a little over 40 homes on either Key Royale Drive or North Point Drive, which makes up this homeowner’s association, including membership to the North Point Harbour Club with both a heated pool and tennis courts. In addition, the Key Royale Club, a private golf club with an executive course is on Key Royale Drive right before North Point Harbour starts.

Surrounded on three sides by water – Tampa Bay, Key Royale Pass and Bimini Bay – the views from most of the homes are exceptional. Homes bordering Tampa Bay look north and east with open views to the Skyway Bridge and those on Bimini Bay enjoy a tranquil bay view populated with sea birds, dolphins and manatees. There are even a couple of canals providing more protection for boaters. Boating access to Tampa Bay and the Gulf of Mexico is easy and unobstructed by any bridges.

Most of the homes were built in the late 1980s, so at this point many have had extensive renovations, which naturally have an influence on pricing. In December 2000, homes in North Point Harbour started at about $400,000, which was before the real estate run up. As of this writing, I found three for sale within the association – $1,724,999, $950,000 and $799,000. In addition, on the north end of Key Royale Drive before the North Point Harbour Association officially begins, there are four homes listed between $3,699,000 and $1,050,000, attesting to the value of homes on the north end of Key Royale. The last two sales in the North Point Harbour Association were in September 2012 closing at $1,100,000 and one this month closing at $916,000.

North Point Harbour is an upscale community with, privacy, elegance and endless water views, but still within easy reach of the old Florida feel and lifestyle of Anna Maria. Golf, tennis, pool and boating access all within walking distance make North Point Harbour one of Anna Maria Island’s premium locations.

A lot has changed in the real estate market since 2000 and will undoubtedly be changing even more in the year ahead. From time to time, I’ll be doing more of these comparisons, which should prove to be an eye opener for all of us.

Real Estate Transactions
Real estate transfers as of May 2013
Sponsored by Alan Galletto Island Real Estate

Sold Date | List Price | Sold Price | Address | Provision | Property Style

Anna Maria

06/03/2013 549,000 530,000 614 N Bay Blvd 1120 72x81 2 Br/2 Ba SFR
06/04/2013 779,000 767,000 109 Palm Ave 1290 50x110 2 Br/2 Ba SFR
06/14/2013 825,000 780,000 107 Willow Ave 2880 50x110 5 Br/3 Ba SFR
06/10/2013 399,000 380,000 710 Rose St 1564 50x79 3 Br/2 Ba SFR
06/14/2013 473,500 415,000 252 Gladiolus St 1428 85x101 2 Br/1 Ba SFR
06/21/2013 412,000 455,000 524 South Dr 1212 60x110 2 Br/1.5 Ba SFR, Reo/Bank Owned
06/27/2013 1,900,000 1,875,000 799 N Shore Dr 2340 50x125 2 Br/3 Ba SFR
06/06/2013 229,000 210,000 522 Pine Ave # 1b 822 2 Br/1 Ba Condo
06/13/2013 230,000 215,000 522 Pine Ave # 5a 822 2 Br/1 Ba Condo
06/14/2013 825,000 780,000 107 Willow Ave 2880 25x110 Inc
06/04/2013 399,000 350,000 505 South Bay Blvd 73/x100 Vac

Bradenton Beach

06/06/2013 495,000 463,000 601 Gulf S Dr # A & B 1656 50x100 4 Br/3 Ba SFR
06/03/2013 150,000 169,900 2312 Avenue C # 4 651 2 Br/1 Ba Condo
06/07/2013 489,000 472,500 1007 Gulf N Dr # 202 1259 2 Br/2 Ba Condo
06/07/2013 143,000 130,000 611 Gulf N Dr # A13 698 1 Br/1 Ba Condo
06/14/2013 279,000 230,000 703 Gulf S Dr # 3 1050 2 Br/2.5 Ba Condo
06/18/2013 149,000 132,000 1603 Gulf N Dr # 34 380 1 Br/1 Ba Condo
06/27/2013 299,000 250,000 703 S Gulf S Dr # 4 1050 2 Br/2.5 Ba Condo
06/27/2013 239,000 225,000 501 Gulf N Dr # 115 1128 2 Br/2 Ba Condo
06/28/2013 279,000 275,000 1325 Gulf N Dr # 136 675 2 Br/2 Ba Condo
06/28/2013 299,650 285,000 901 Gulf S Dr # 10 962 2 Br/2 Ba Condo
06/06/2013 495,000 463,000 601 Gulf S Dr # A 1656 50x100 Inc.

Cortez

06/05/2013 289,900 275,000 12607 Safe Harbour Dr. 105x117 Vac.

Holmes Beach

06/04/2013 699,000 650,000 515 67th St. 1891 80x111 3 Br/2 Ba SFR
06/04/2013 269,999 269,999 2911 Gulf Dr. 1650 50x100 3 Br/3 Ba SFR, Reo/Bank Owned
06/05/2013 675,000 600,000 602 Key Royale Dr. 1936 3 Br/2 Ba SFR
06/07/2013 315,000 295,000 311 59th St. 1000 2 Br/1.5 Ba SFR
06/10/2013 764,000 685,000 652 Key Royale Dr. 3400 3 Br/2.5 Ba SFR
06/14/2013 429,000 395,000 208 Haverkos Ct. 2181 65x98 3 Br/2.5 Ba SFR
06/17/2013 599,000 575,000 507 77th St. 2164 90x100 4 Br/3 Ba SFR
06/21/2013 734,999 685,000 612 Hampshire Ln. 2317 95x105 4 Br/3 Ba SFR
06/14/2013 399,000 425,000 129 52nd St. 2047 100x100 4Br/2 Ba SFR,Short Sale
06/27/2013 549,900 511,400 624 Foxworth Ln. 1823 3 Br/2.5 Ba SFR
06/24/2013 598,000 570,000 214 69th St. 1425 90x107 2 Br/2 Ba SFR
06/28/2013 399,900 370,000 622 Key Royale Dr. 1972 100x103 2 Br/2 Ba SFR
06/25/2013 995,000 965,000 307 66th St. # A 2800 6 Br/4.5 Ba SFR
06/27/2013 400,000 400,000 2809 Gulf Dr. 1420 50x100 2 Br/2 Ba SFR
06/17/2013 349,000 305,000 5806 Gulf Dr. # 104 1128 2 Br/2 Ba Condo
06/11/2013 319,900 319,000 5806 Gulf Dr. # 201 1164 2 Br/2 Ba Condo
06/25/2013 299,999 246,000 6200 Flotilla Dr. # 294 985 2 Br/2 Ba Condo, Reo/Bank Owned
06/28/2013 225,000 198,000 3000 Gulf Dr. # 3 756 2 Br/1 Ba Condo
06/28/2013 249,500 220,000 6300 Flotilla Dr. # 104 1212 3 Br/2 Ba Condo
06/14/2013 399,000 399,000 6250 Holmes Blvd. # 52 1536 2 Br/2.5 Ba Condo
06/20/2013 255,000 242,250 600 Manatee Ave. # 127 1222 2 Br/2 Ba Condo
06/11/2013 249,000 245,000 432 62nd St. 1080 2 Br/2 Ba Half Duplex

 

Source: Manatee County Property Appraiser’s Office


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