NOT LISTED FOR SALE

12240 Gulf Blvd Unit 1 Treasure Island, FL 33706

Estimated Value: $494,154

2 Beds
1 Bath
630 Sq Ft
$625/mo HOA Fee

Last Sold September 05, 2023

Last sale price $535,000 $849 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $3,631/month

45 Days on Market

Highlights

  • Wood Flooring
  • Living Room
  • Central Heating and Cooling System
  • Boca Ciega High School Rated A-
  • Outdoor Storage
  • Ceiling Fan

About This Home

As of September 2023

Under contract-accepting backup offers. Location, location, location. Step inside this light, bright quintessential cash cow cottage just a frisbee toss away from the sugar sand beaches of Treasure Island, FL - one of the top beaches in the USA. There have been several significant upgrades completed such as a newer roof, new kitchen, new kitchen appliances, refinished tile floors, plantation shutters, newer water heater & the list goes on and on. The original sugar pine hardwood floors are easy on the eyes and a favorite of all of the guests! The current owners have taken impeccable care of their "Pride and Joy" cottage and they have rented this home out via VRBO. Gross revenues last year were about 40k with an average nightly rent of about $169/ night in off-season (which is below market rates) and $179/ night in season (which is below market rates) with NO minimum stay. VRBO #210601 for reference. Property is nearly 80% + rented out until June 2024 $$$!The community features a laundry room (included in HOA fee's) sun deck, covered patio area for lounging or meals, beach, extra storage, 1 designated parking spot, 3 guest parking spaces and is a 1-minute walk to the beach! The HOA fee includes cable, water, trash, sewer, and exterior maintenance. This unit has been smoke-free and pet free! 10-minute walk to John's pass, 15-minute drive to DTSP, 30-minute drive to TPA & DT Tampa! We have the keys...!

Last Agent to Sell the Property

Jac Smith

KELLER WILLIAMS ST PETE REALTY Brokerage Phone: 727-894-1600 License #3346201 Listed on: 06/09/2023

KELLER WILLIAMS ST PETE REALTY

Last Buyer's Agent

Stellar Non-Member Agent

Stellar Non-Member Office

Stellar Non-Member Office

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,528

Year Built

  • Built in 1950

Lot Details

  • 7,841

HOA Fees

  • $625 Monthly HOA Fees

Home Design

  • Condo Hotel
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 630 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Window Treatments
  • Living Room
  • Crawl Space

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Exterior Lighting
  • Outdoor Storage

Additional Features

  • Northeast Facing Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 0030
  • Assessor Parcel Number 22-31-15-34513-000-0010

Community Details

Overview

  • Association fees include cable TV, insurance, sewer, trash, water
  • Gulf Sounds Association
  • Gulf Sounds On Treasure Island Condo Hotel Subdivision
  • The community has rules related to allowable golf cart usage in the community

Pet Policy

  • Pets up to 25 lbs
  • Pet Size Limit
  • 1 Pet Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,528

Year Built

Built in 1950

Lot Details

0

HOA Fees

$625 per month

Listing Details

  • HOA Fee Includes: Cable TV, Insurance, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condo - Hotel
  • Construction Materials: Vinyl Siding
  • Fireplace: No
  • Living Area: 630
  • Lot Size Acres: 0.18
  • New Construction: No
  • Year Built: 1950
  • Building Area Total: 630
  • Lot Size Sq Ft: 7850
  • Directions to Property: Driving north on Gulf Blvd from St. Pete Beach drive until you reach 122nd and 123rd ave and make a left to Gulf Sounds until you reach the subject property. If you went to Johns Pass, you went too far.
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow City: St. Petersburg
  • Escrow Postal Code: 33701
  • Escrow State: FL
  • Escrow Street Name: Central Ave 4th Floor
  • Escrow Street Number: 360
  • Floor Number: 1
  • List Office Head Office Key Nume: 203884503
  • Minimum Lease: 6 Months
  • Number Of Pets: 1
  • RATIO Current Price By Calculate: 849.21
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • Condo Fees Term: Monthly
  • Amenities Additional Fees: The HOA fee is $625.00 Monthly as of July 1st 2023. Minimum of of 1 Day Rental. One assigned parking space with 3 guests spots shared with other owners. Insurance HO6 Policy. Large communal covered porch/Sun deck. 2022 taxes $3400.
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile, Wood
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Window Treatments
  • Appliances Included: Dishwasher, Microwave, Range, Refrigerator
  • Foundation Details: Crawlspace
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 12240
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 58.53
  • Room Count: 4

Exterior Features

  • Direction Faces: Northeast
  • Exterior Features: Lighting, Sidewalk, Storage
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Disclosures: Condominium Disclosure Available, Lead Paint, Seller Property Disclosure
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Golf Carts OK, Sidewalks
  • Association Fee Frequency: Monthly
  • Association Name: Gulf Sounds
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Pet Restrictions: Owners may have one pet no larger than 25lbs. Renters are allowed to have pets as well. Buyer must verify ALL INFO
  • Association Fee Requirement: Required
  • Building Name Number: #1
  • Condo Fees: 625
  • Condo Land Included YN: 0
  • Max Pet Weight: 25
  • Montly Maint Amt Addition To HOA: 0
  • Monthly Condo Fee Amount: 625
  • Pet Size: Small (16-35 Lbs.)

Fee Information

  • Total Annual Fees: 7500.00
  • Total Monthly Fees: 625.00
  • Monthly HOA Amount: 0.00

Lot Info

  • Parcel Number: 22-31-15-34513-000-0010
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 729

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Size Limit, Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Buyer must verify ALL INFO. Rentals are allowed from 1-179 days

Tax Info

  • Tax Annual Amount: 3528.5
  • Tax Block: 000
  • Tax Book Number: 135-45
  • Tax Lot: 0030

Multi Family

  • Approval Process: Buyer must verify ALL INFO

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2023
Closed on
Aug 28, 2023
Sold by
Tybelle Holdings Llc
Bought by
Sanchez James Michael and Aldana Alina Perez
Seller's Agent
Jac Smith
KELLER WILLIAMS ST PETE REALTY
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$599,000
Sold Price
$535,000
Premium/Discount to List
-$64,000
-10.68%
Views
165
Current Estimated Value
$494,154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$40,846
Avg. Annual Appreciation
-2.72%
Original Mortgage
$401,250
Outstanding Balance
$394,421
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$112,030

Purchase Details

Closed on
Mar 3, 2016
Sold by
Liddell Kenneth and Liddell Angela
Bought by
Tybelle Holdings Llc

Purchase Details

Closed on
May 11, 2012
Sold by
Mackarian Investments Llc
Bought by
Liddell Kenneth and Liddell Angela
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
Sanchez James Michael $535,000 City Center Title Agency
Tybelle Holdings Llc -- Attorney
Liddell Kenneth $130,000 Seminole Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanchez James Michael $401,250
Previous Owner Mackarain Investments Llc $64,943
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2023 09/05/23 Sold $535,000 0.0% $849 / Sq Ft
07/25/2023 07/25/23 Pending -- -- --
07/14/2023 07/14/23 Price Changed $535,000 -4.4% $849 / Sq Ft
07/07/2023 07/07/23 Price Changed $559,888 -2.6% $889 / Sq Ft
06/19/2023 06/19/23 Price Changed $575,000 -4.0% $913 / Sq Ft
06/09/2023 06/09/23 For Sale $599,000 -- $951 / 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 $3,833 $400,286 -- $400,286
2023 $3,833 $232,942 $0 $232,942
2022 $3,780 $237,858 $0 $237,858
2021 $3,529 $202,444 $0 $0
2020 $3,361 $192,142 $0 $0
2019 $3,349 $189,594 $0 $189,594
2018 $3,173 $179,818 $0 $0
2017 $3,106 $174,035 $0 $0
2016 $2,914 $160,496 $0 $0
2015 $2,794 $155,235 $0 $0
2014 $2,507 $135,313 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: U8202910

Stellar MLS

APN: 22-31-15-34513-000-0010