NOT LISTED FOR SALE

12901 Gulf Ln Unit 301 Madeira Beach, FL 33708

Estimated Value: $640,253 - $690,000

2 Beds
2 Baths
1,140 Sq Ft
43,560 Sq Ft Lot

Last Sold February 26, 2021

Last sale price $455,000 $399 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $4,244/month

70 Days on Market

Highlights

  • Property fronts a public beach
  • In Ground Pool
  • Deck
  • Orange Grove Elementary School Rated A
  • 1 Acre Lot
  • 3-minute walk to John's Pass Park

About This Home

As of February 2021

Don t miss your opportunity to own this income generating, oversized, corner condo located at the southern end of Madeira Beach, making this an ideal location for anyone wanting to have some fun in the sun or pad their portfolio. The community, Beach Place, sought after by vacationers and investors alike is located just across the street from the world-renowned Johns Pass Village with its impressive boardwalk, variety of shops, restaurants, and entertainment. No need to cross any roads or bridges to enjoy the beautiful powder sand and turquoise waters of the Gulf of Mexico. Likewise, you can easily be across the street via the under-bridge corridor watching the ships come in at Johns Pass Village carrying their catch of the day. This well-appointed 2-bedroom condo comes completely turnkey with everything you could need for a great beach stay. The current owner has painstakingly decorated in a gorgeous nautical theme. Large bedrooms add room to spread out and have plenty of space to stow all your things. The waterfront owner s suite has private access to the balcony, a large walk in closet; and a newly refreshed ensuite bath featuring a large vanity and tub/shower combination. The open floorplan allows for easy entertaining, meals, and relaxation. The large kitchen has newer white appliances, tons of counter space, and a breakfast bar. Incredibly convenient assigned parking space only a few steps from the elevator. This community is complete with a heated beach front pool, BBQ grills, Tiki Huts, and outdoor showers. Beach Place condos has an excellent on-site management company to take care of all your guests needs, you can choose your own company, or even self-manage. The current owners generated nearly $26,000 in 2019 even with over 2 months of personal use in high season. 2021 already has $16,000 in revenue booked. This community is NOT a condo hotel, an owner could live here full time, and homestead the property if they so wished.

Last Agent to Sell the Property

Annie Fleeting

NEXTHOME BEACH TIME REALTY License #3241532 Listed on: 11/03/2020

NEXTHOME BEACH TIME REALTY

Last Buyer's Agent

Thomas Buscemi

BHHS FLORIDA PROPERTIES GROUP License #3322029

BHHS FLORIDA PROPERTIES GROUP

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,267

Year Built

  • Built in 1981

Lot Details

  • Property fronts a public beach
  • South Facing Home

Parking

  • Assigned Parking

Home Design

  • Florida Architecture
  • Spanish Architecture
  • Slab Foundation
  • Block Exterior
  • Pile Dwellings

Interior Spaces

  • 1,140 Sq Ft Home
  • Furnished
  • Blinds
  • Sliding Doors
  • Great Room
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Water Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

Outdoor Features

  • In Ground Pool
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Outdoor Grill

Location

  • Flood Zone Lot
  • Property is near public transit
  • City Lot

Utilities

  • Central Air
  • Heating Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 15-31-15-05926-001-3010

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include cable TV, community pool, escrow reserves fund, insurance, maintenance exterior, ground maintenance, pest control, sewer, trash, water
  • Sunhost Resorts Association, Phone Number (800) 741-4678
  • Beach Place Condo Subdivision
  • 5-Story Property

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,267

Year Built

Built in 1981

Lot Details

1 Acres

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Exterior, Maintenance Grounds, Pest Control, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Florida, Spanish/Mediterranean
  • Property Description: Elevated
  • Disaster Mitigation: Fire/Smoke Detection Integration
  • Water View: Yes
  • Construction Materials: Block
  • Living Area: 1140.00
  • Lot Size Acres: 1.00
  • Year Built: 1981
  • Building Area Total: 1140.00
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8103503?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8103503?w=Customer
  • Lot Size Sq Ft: 65441
  • Building Search Sq Meters: 105.91
  • Down Payment Resource Assistance: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8103503?w=PubMLS
  • Escrow City: St Pete Beach
  • Escrow Postal Code: 33706
  • Escrow State: FL
  • Escrow Street Name: Blind Pass Rd.
  • Escrow Street Number: 8550
  • List Office Head Office Key Nume: 1039457
  • Status: Sold
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Room Count: 4
  • Living Area Units: Square Feet
  • Additional Rooms: Great Room
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Kitchen/Family Room Combo, Living Room/Dining Room Combo, Split Bedroom, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Foundation Details: Slab, Stilt/On Piling
  • Total Bedrooms: 2
  • Floor Number: 3
  • Levels: One
  • Stories: 5
  • Window Features: Blinds
  • Living Area Meters: 105.91

Exterior Features

  • Direction Faces: South
  • Waterfront Feet Public Beach: 191
  • Water Access: Beach - Private, Beach - Public, Gulf/Ocean to Bay
  • Pool Features: In Ground
  • Exterior Features: Balcony, Outdoor Grill, Sliding Doors
  • Water View: Bay/Harbor - Partial
  • Flood Zone Code: AE
  • Flood Zone Date: 09/03/2003
  • Flood Zone Panel: 12103C0191G
  • Water Access: Yes
  • View: Water
  • Water Body Name: GULF OF MEXICO
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch

Garage/Parking

  • Parking Features: Assigned

Utilities

  • Utilities: Cable Available, Cable Connected, Public, Street Lights
  • Cooling: Central Air
  • Heating: Electric
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Pool
  • Pet Restrictions: Only Owners may have pets, no renters can have a pet on premises.
  • Building Name Number: 1
  • Condo Fees: 490
  • Condo Fees Term: Monthly
  • Monthly Condo Fee Amount: 490
  • Association Fee Frequency: Monthly
  • Association Fee Requirement: Required
  • Association Name: Sunhost Resorts
  • Phone: 800-741-4678
  • Association: Yes
  • Security: Smoke Detector(s)

Fee Information

  • Waterfront Frontage: 191
  • Total Annual Fees: 5880.00
  • Total Monthly Fees: 490.00

Lot Info

  • Total Acreage: 1 to less than 2
  • Parcel Number: 15-31-15-05926-001-3010
  • Lot Features: FloodZone, In City Limits, Level/Flat, Near Public Transit, Sidewalk, Street Paved
  • Lot Size Square Meters: 6080

Rental Info

  • Minimum Lease: 1 Week
  • Furnished: Furnished
  • Month To Month Or Weekly: Yes
  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 5267.00
  • Tax Book Number: 42-47

Multi Family

  • Waterfront Features: Beach - Public

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2020
Closed on
Feb 17, 2021
Sold by
Peart Thom Charles
Bought by
Dean Jeffery M and Demers Dean Crista
Seller's Agent
Annie Fleeting
NEXTHOME BEACH TIME REALTY
Buyer's Agent
Thomas Buscemi
BHHS FLORIDA PROPERTIES GROUP
List Price
$467,900
Sold Price
$455,000
Premium/Discount to List
-$12,900
-2.76%
Current Estimated Value
$669,813

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,813
Avg. Annual Appreciation
7.91%

Purchase Details

Closed on
Apr 14, 2011
Sold by
R B G Llc
Bought by
Peart Thom and Stapley Pat

Purchase Details

Closed on
Aug 3, 2000
Sold by
List Candis M and Gorrill Robert B
Bought by
R B G Llc
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dean Jeffery M $455,000 Coastline Title Of Pinellas
Peart Thom $237,000 Stewart Title Company
R B G Llc $127,100 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2021 02/26/21 Sold $455,000 -2.8% $399 / Sq Ft
01/12/2021 01/12/21 Pending -- -- --
11/03/2020 11/03/20 For Sale $467,900 -- $410 / Sq Ft
Source: Stellar MLS

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
2025 $8,646 $533,584 -- $533,584
2024 $8,646 $546,775 -- $546,775
2023 $8,646 $567,379 $0 $567,379
2022 $7,644 $470,176 $0 $470,176
2021 $6,061 $365,734 $0 $0
2020 $5,487 $315,684 $0 $0
2019 $5,329 $303,610 $0 $303,610
2018 $4,767 $277,794 $0 $0
2017 $5,049 $310,169 $0 $0
2016 $4,809 $300,025 $0 $0
2015 $4,264 $243,079 $0 $0
2014 $4,094 $251,845 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: U8103503

Stellar MLS

APN: 15-31-15-05926-001-3010

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