NOT LISTED FOR SALE

Estimated Value: $5,326,239 - $5,692,000

4 Beds
3.5 Baths
4,065 Sq Ft
$2,163/mo HOA Fee

Last Sold May 09, 2013

Last sale price $1,700,000 $418 Per Sq Ft

Est. 226% increase in value since last sale

Current estimated payment $35,252/month

12 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Heated Indoor Pool
  • Gated Community
  • Intracoastal View
  • Penthouse
  • 5-minute walk to Pier 60 Park

About This Home

As of May 2013

Enjoy the Luxurious Florida Lifestyle from your 14th Floor Penthouse at Clearwater's Mandalay Beach Club. Space and waterviews abound in this 4 bedroom 3 1/2 bath condo on the sugar white sands of Clearwater Beach. Your new home in the sky is well appointed with gleaming marble flooring, new neutral carpeting, floor to ceiling windows, granite countertops, crown and base molding. Entertain your family and friends in the Great Room overlooking the vistas of Clearwater Bay. This penthouse features "His" office adjacent to the Great Room with built-in cabinets, and "Her" office overlooking the Beach which can also be used as a Guest Room. A desireable split floor plan provides privacy for you and your guests. Each bedroom has access to the wrap around verandah with views of Clearwater Beach, Clearwater Bay, all the way north to Dunedin down to Belleair Beach! The Mandalay Beach Club offers it's residents Resort Style Amenties with a 24 hour gated security, a handsome billards room with enviting social room, first-class clubhouse with kitchen, a Fitness Center with state of the art equipment, a beachfront heated pool, spa and new outdoor kitchen and grilling station. Upon purchase of Penthouse 1404, the unit conveys a large beachfront cabana, two assignedparking spaces, and an oversized storage locker. Welcome Home to Penthouse 1404 at the Mandalay Beach Club!

Last Agent to Sell the Property

Lou Santiago

VENIE BRINSON REAL ESTATE INC License #3218909 Listed on: 02/25/2013

Co-Listed By

Cynthia Brinson

VENIE BRINSON REAL ESTATE INC License #174033

Last Buyer's Agent

Dimitri Karides

SAND KEY REALTY License #3204179

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $21,887

Year Built

  • Built in 2002

Lot Details

  • Property fronts gulf or ocean
  • East Facing Home

HOA Fees

  • $2,163 Monthly HOA Fees

Parking

  • 2 Car Garage
  • On-Street Parking

Property Views

  • Pool

Home Design

  • Penthouse
  • Slab Foundation
  • Built-Up Roof
  • Block Exterior

Interior Spaces

  • 4,065 Sq Ft Home
  • Dry Bar
  • Crown Molding
  • Ceiling Fan
  • Blinds
  • Great Room
  • Family Room Off Kitchen
  • Breakfast Room
  • Inside Utility
  • Security System Owned

Kitchen

  • Built-In Oven
  • Range with Range Hood
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Pool

  • Heated Indoor Pool
  • Spa

Outdoor Features

  • Water access To Gulf or Ocean

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • 1-Month Minimum Lease Term
  • Legal Lot and Block 1404 / 002
  • Assessor Parcel Number 08-29-15-54658-002-1404

Community Details

Overview

  • Association fees include cable TV, escrow reserves fund, insurance, maintenance structure, ground maintenance, pest control, security, sewer, trash, water
  • Mandalay Beach Club Condo Subdivision
  • Association Owns Recreation Facilities
  • 16-Story Property

Amenities

  • Elevator
  • Community Storage Space

Recreation

  • Recreation Facilities
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed
  • Pets up to 20 lbs
  • 2 Pets Allowed

Security

  • Security Service
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$21,887

Year Built

Built in 2002

Lot Details

0

HOA Fees

$2,163 per month

Parking

2

Listing Details

  • HOA Fee Includes: Cable TV, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Pest Control, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 4065
  • New Construction: No
  • Year Built: 2002
  • Building Area Total: 4065
  • Directions to Property: Head West on Hwy 60 (Gulf to Bay)and over the Clearwater Memorial Causeway. While approaching the roundabout, head North on Mandalay Ave. and turn Left on Papaya Street. You must register with the Gate Guard and he will direct you to guest parking.
  • Status: Sold
  • Co List Office Mls Id: MFR260000470
  • Co List Office Phone: 727-461-1551
  • Ownership: Condominium,Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Floor Number: 14
  • List Office Head Office Key Nume: 1038151
  • Minimum Lease: 1 Month
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 418.20
  • Water Access YN: 1
  • Property Description: Penthouse
  • Tax Year: 2012
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Marble
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Dry Bar, Kitchen/Family Room Combo, Split Bedroom, Stone Counters, Walk-In Closet(s)
  • Appliances Included: Built-In Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave Hood, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Spa Yn: Yes
  • Stories: 16
  • Window Features: Blinds
  • Street Number Modifier: 10
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Breakfast Room Separate,Great Room,Inside Utility
  • Room Count: 7

Exterior Features

  • Direction Faces: East
  • Pool Features: Heated, Indoor
  • Roof: Built-Up
  • Home Warranty: No
  • Pool Private: No
  • View: Pool, Water
  • Water Body Name: GULF OF MEXICO
  • Waterfront: Yes
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure
  • Water Access: Gulf/Ocean
  • Water Extras YN: 0
  • Water View: Gulf/Ocean to Bay,Intracoastal Waterway
  • Water View YN: 1

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Assigned, Guest, On Street, Underground

Utilities

  • Utilities: Cable Connected
  • Cooling: Central Air, Zoned
  • Heating: Central, Zoned
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Gated, Pool, Water Access, Waterfront Complex
  • Association Amenities: Elevator(s), Gated, Recreation Facilities, Security, Spa/Hot Tub, Storage
  • Association Fee: 2163.16
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Security: Gated Community, Security System Owned
  • Association Fee Requirement: Required
  • Building Name Number: PAPAYA
  • Max Pet Weight: 20

Fee Information

  • Total Annual Fees: 25957.92
  • Total Monthly Fees: 2163.16

Lot Info

  • Parcel Number: 08-29-15-54658-002-1404
  • Additional Parcels: No
  • Lot Features: Corner Lot, Paved
  • Homestead YN: 0

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Expected Lease Date: 2013-05-09T00:00:00.000

Tax Info

  • Tax Annual Amount: 21887
  • Tax Block: 002
  • Tax Book Number: 0125/0037
  • Tax Lot: 1404

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 3, 2015
Sold by
Karamountzos Konstandinos
Bought by
Lt Condo Management Llc and Beach Condo Land Trust Of 2015
Current Estimated Value
$5,545,080

Purchase Details

Listed on
Feb 25, 2013
Closed on
May 7, 2013
Sold by
Bank Of America
Bought by
Karamountzos Konstandinos
Seller's Agent
Lou Santiago
VENIE BRINSON REAL ESTATE INC
Buyer's Agent
Dimitri Karides
SAND KEY REALTY
List Price
$1,950,000
Sold Price
$1,700,000
Premium/Discount to List
-$250,000
-12.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.06%
Original Mortgage
$1,000,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 2006
Sold by
Engebretsen Eleanore A
Bought by
Engebretsen Eleanore A and Eleanore A Engebretsen Living Trust

Purchase Details

Closed on
Dec 10, 2002
Sold by
Mandalay Beach Club Ltd
Bought by
Engebretsen Arden B and Engebretsen Eleanore A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,450,000
Interest Rate
5.95%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lt Condo Management Llc $2,699,900 Title Agency Of Florida Inc
Karamountzos Konstandinos $1,700,000 Total Title Solutions Clw
Engebretsen Eleanore A -- Total Title Solutions Clw
Engebretsen Eleanore A -- Attorney
Engebretsen Arden B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Karamountzos Konstandinos $1,000,000
Previous Owner Engebretsen Eleanorea $990,000
Previous Owner Engebretsen Arden B $1,450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2014 07/07/14 Off Market $1,700,000 -- --
05/09/2013 05/09/13 Sold $1,700,000 -12.8% $418 / Sq Ft
03/10/2013 03/10/13 Pending -- -- --
02/25/2013 02/25/13 For Sale $1,950,000 -- $480 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $37,303 $2,036,798 -- --
2023 $37,303 $1,977,474 $0 $0
2022 $36,410 $1,919,878 $0 $0
2021 $37,021 $1,863,959 $0 $0
2020 $39,340 $1,953,147 $0 $0
2019 $43,649 $2,144,925 $0 $2,144,925
2018 $40,747 $1,948,199 $0 $0
2017 $46,618 $2,283,499 $0 $0
2016 $47,837 $2,308,594 $0 $0
2015 $34,244 $1,705,771 $0 $0
2014 $30,270 $1,423,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: U7573934

Stellar MLS

APN: 08-29-15-54658-002-1404