NOT LISTED FOR SALE

12305 3rd St E Treasure Island, FL 33706

Estimated Value: $1,003,000

12 Beds
9 Baths
12,000 Sq Ft
$84/Sq Ft Est. Value

Last Sold December 19, 2022

Last sale price $1,550,000 $129 Per Sq Ft

Est. 35% decrease in value since last sale

Current estimated payment $5,601/month

129 Days on Market

Highlights

  • 210 Feet of Waterfront
  • White Water Ocean Views
  • Under Construction
  • Boca Ciega High School Rated A-
  • Access To Intracoastal Waterway
  • No HOA

About This Home

As of December 2022

Under Construction. Incredible opportunity! "Change Of Contractor" to your own GC or the seller's GC, standing by, to continue the work without delay. Waterfront lot, walking distance to Treasure Island beach, located on the highly desirable ISLE of CAPRI tucked in a quiet location away from the Gulf Blvd traffic and near Isle of Capri luxury single family homes. Individually subdivided lots require low HOA fees with less common area and add value and privacy to each unit by owning the land/yard under & around your unit. Deeded dock space off of deep water canal around the corner from John's Pass, access to the Gulf of Mexico, John's Pass Sandbar & Eleanor Island. Zoned RM15 Medium Residential, Public water & sewer, 4060 total sqft per unit, approx 3000sf per unit under air, NEW seawall, cap and tiebacks, Underground utilities completed to the driveway area, Deep-foundation piling, Concrete foundation & Slabs and 1st floor masonry walls completed. Inspections passed for all completed work so far, Ready to begin 2nd floor framing work, Complete plan and permit package for each unit....All signed & sealed plans, engineering, soil and storm water reports, etc INCLUDED, Permit fees for all the work already paid for. INCLUDED in this sale is a total of 3 townhomes with individual addresses #1, #2 & #3. EACH TOWNHOME WILL BE APPROX 3000SF, 4BR, 3BA, WITH oversized 2CG & additional covered carport space. Large covered patio & fenced in yard, Large balconies with water views on 2nd & 3rd, Spacious open floor plan w/ large Master Suite. Estimated 3 to 4 months of work remains.

Last Agent to Sell the Property

David Lockhart

KELLER WILLIAMS GULF BEACHES License #3199808 Listed on: 06/13/2022

KELLER WILLIAMS GULF BEACHES

Last Buyer's Agent

David Lockhart

KELLER WILLIAMS GULF BEACHES License #3199808 Listed on: 06/13/2022

KELLER WILLIAMS GULF BEACHES

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,163

Year Built

  • Built in 2022 | Under Construction

Lot Details

  • 9,801 Sq Ft Lot
  • Lot Dimensions are 70x140
  • 210 Feet of Waterfront
  • Property fronts an intracoastal waterway
  • Property Fronts a Bay or Harbor
  • Property fronts a saltwater canal
  • West Facing Home

Parking

  • 6 Car Attached Garage
  • Ground Level Parking
  • Tandem Parking

Property Views

  • White Water Ocean
  • Intracoastal

Home Design

  • Tri-Level Property
  • Slab Foundation
  • Block Exterior

Interior Spaces

  • 12,000 Sq Ft Home
  • Concrete Flooring

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 9 Full Bathrooms

Outdoor Features

  • Access To Intracoastal Waterway
  • Access to Bay or Harbor
  • Access to Saltwater Canal
  • Seawall
  • Balcony

Location

  • Flood Zone Lot

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Built by R C I DESIGN & CONSTRUCTION INC
  • Capri Isle Twnhms Subdivision, Capri Isle Townhomes Floorplan

Listing and Financial Details

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,163

Year Built

Built in 2022 | Under Construction

Lot Details

0

Parking

6

Listing Details

  • HOA Fee Includes: None
  • Property Type: Residential
  • Property Condition: Under Construction
  • Property Sub Type: Townhouse
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 12000
  • Lot Size Acres: 0.22
  • New Construction: Yes
  • Year Built: 2022
  • Building Area Total: 12180
  • Lot Size Sq Ft: 9801
  • Status: Sold
  • Street Post Direction: E
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8166053?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8166053?w=Customer
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Projected Completion Date: 2022-12-30T05:00:00.000Z
  • Ratio: Close Price\List Price: 0.78283
  • Price per Sq Ft: 129.17
  • Close to Original List Price Ratio: 0.51667
  • Ratio: Current Price\Building Area Total: 127.26
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Builder
  • Tax Year: 2021
  • Special Features: NewHome

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Concrete
  • Full Bathrooms: 9
  • Interior Amenities: Ninguno
  • Appliances Included: None
  • Foundation Details: Slab
  • Total Bedrooms: 12
  • Levels: Three Or More
  • Room Count: 4
  • ResoLivingAreaSource: Builder

Exterior Features

  • Direction Faces: West
  • Exterior Features: Balcony
  • Roof: Other
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Road Surface Type: Asphalt
  • Water View: Bay/Harbor - Full, Intracoastal Waterway
  • Water Access: Bay/Harbor, Canal - Saltwater, Intracoastal Waterway
  • Water Extras: Seawall - Concrete
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Waterfront Frontage: 210
  • Water Frontage Feet I C W: 70
  • Water Frontage Feet Bay Harbor: 70
  • Water Frontage Feet Canal Salt: 70
  • Disclosures: None

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 6
  • Garage Yn: Yes
  • Parking Features: Ground Level, Tandem
  • Covered Parking Spaces: 6
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Available, Water Available
  • Cooling: Central Air
  • Heating: Central
  • Sewer: None
  • Water Source: Public
  • Public Remarks Required: Under Construction.
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: None
  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Lot Info

  • Parcel Number: 14-31-15-13357-000-0020
  • Additional Parcels: No
  • Lot Features: FloodZone
  • Lot Dimensions: 70x140
  • Flood Zone Code: AE
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: R C I DESIGN & CONSTRUCTION INC

Rental Info

  • Minimum Lease: 1 Month
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 2162.66
  • Tax Block: B
  • Tax Book Number: 144-97
  • Tax Lot: 1

Multi Family

  • Waterfront Features: Bay/Harbor, Canal - Saltwater, Intracoastal Waterway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2022
Closed on
Dec 19, 2022
Sold by
Rci Design And Construction Incorporated
Bought by
Tampaston Llc
Seller's Agent
David Lockhart
KELLER WILLIAMS GULF BEACHES
Buyer's Agent
David Lockhart
KELLER WILLIAMS GULF BEACHES
List Price
$3,000,000
Sold Price
$1,550,000
Premium/Discount to List
-$1,450,000
-48.33%
Views
17
Current Estimated Value
$1,003,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$547,000
Avg. Annual Appreciation
-14.12%
Original Mortgage
$4,400,000
Outstanding Balance
$4,267,967
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
-$3,264,967
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Tampaston Llc $1,550,000 Veritas Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tampaston Llc $4,400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/19/2022 12/19/22 Sold $1,550,000 -21.7% $129 / Sq Ft
10/21/2022 10/21/22 Pending -- -- --
10/13/2022 10/13/22 Price Changed $1,980,000 -13.2% $165 / Sq Ft
08/18/2022 08/18/22 Price Changed $2,280,000 -14.9% $190 / Sq Ft
07/29/2022 07/29/22 Price Changed $2,680,000 -10.7% $223 / Sq Ft
06/13/2022 06/13/22 For Sale $3,000,000 +900.0% $250 / Sq Ft
01/17/2018 01/17/18 Off Market $300,000 -- --
10/19/2017 10/19/17 Sold $300,000 -25.0% -- View Prior Sale
09/21/2017 09/21/17 Pending -- -- --
02/23/2017 02/23/17 For Sale $399,900 -- --
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 $4,209 $274,503 $270,035 $4,468
2023 $4,209 $255,786 $251,524 $4,262
2022 $2,589 $191,324 $187,500 $3,824
2021 $2,163 $124,081 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: U8166053

Stellar MLS

APN: 14-31-15-13357-000-0020