NOT LISTED FOR SALE

Estimated Value: $592,000 - $881,000

2 Beds
2 Baths
1,110 Sq Ft
$594/mo HOA Fee

Last Sold April 05, 2023

Last sale price $815,000 $734 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $5,204/month

31 Days on Market

Highlights

  • Ocean or Gulf Waterfront
  • Water access To Gulf or Ocean
  • Heated In Ground Pool
  • Orange Grove Elementary School Rated A
  • Intracoastal View
  • 1-minute walk to John's Pass Park

About This Home

As of April 2023

BEAUTIFUL fully furnished 2 Bed / 2 Full Bath premium corner unit renovated with granite counter tops in the Kitchen and Bathrooms, recessed lighting, ceramic tile throughout, impact resistant sliding glass doors, new full size washer, dryer and dishwasher along with newer furnishings and much more. This is a Turnkey condo where all furniture, furnishings, fully stocked kitchen, and Smart TVs are included in the purchase. This stunning 3rd floor unit features a spacious balcony with beautiful views of the intercostal to enjoy gorgeous sunrises every morning as you start your day in paradise before you head off to whatever adventures the day leads to.



Madeira Norte is ideally situated along the white-sand beach and directly across from John's Pass Village and Boardwalk. John’s Pass Village and Boardwalk is Pinellas County’s #1 Tourist Destination offering over 100 merchants - retail shopping, restaurants, ice-cream shops, dolphin watching tours, boat rentals, parasailing and jet skiing. Everything your family and/or renters need is right outside the door, for there is seldom a time you would even need to get in your car. Madeira Norte offers 2 elevators and as you head downstairs you will find a perfect beach-side heated pool, a private pedestrian gate to the beach and a picnic/grilling area, beach-side, with gazebo and seating. Designated covered parking space along with ample guest parking, which is very convenient! On-site building maintenance and assistance always keeping the property clean and comfortable. Investors will love this property because it is a 7-day minimum rental period and demand for vacation rentals at Madeira Norte is robust. There is a property management company already in place that handles everything should you decide to keep them. HOA recently completed a year-long, professionally contracted, painting and refurbishment of the exterior walls, all balcony’s, rails and corridors. Next up is the elevator refresh and new roof with the current sellers paying that assessment in full so the new owner is ready to enjoy years of trouble-free ownership!

Last Agent to Sell the Property

Shane Harris

ERA ADVANTAGE REALTY, INC. License #3554544 Listed on: 01/09/2023

ERA ADVANTAGE REALTY, INC.

Last Buyer's Agent

Jessica Bex

COASTAL PROPERTIES GROUP License #3419504

COASTAL PROPERTIES GROUP

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,845

Year Built

  • Built in 1975

Lot Details

  • Ocean or Gulf Waterfront
  • End Unit
  • East Facing Home

HOA Fees

  • $594 Monthly HOA Fees

Property Views

  • Intracoastal
  • Partial Bay or Harbor

Home Design

  • Entry on the 3rd floor
  • Turnkey
  • Block Foundation
  • Membrane Roofing
  • Block Exterior

Interior Spaces

  • 1,110 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Shutters
  • Sliding Doors
  • Living Room
  • Ceramic Tile Flooring

Kitchen

  • Built-In Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer

Parking

  • 1 Carport Space
  • Ground Level Parking
  • Guest Parking

Pool

  • Heated In Ground Pool
  • Child Gate Fence

Outdoor Features

  • Water access To Gulf or Ocean
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, common area taxes, pool, escrow reserves fund, maintenance structure, ground maintenance, maintenance, pest control, sewer, trash, water
  • Leading Edge Cam Association
  • Madeira Norte Condos
  • Madeira Norte Condo Subdivision
  • 5-Story Property

Recreation

  • Community Pool

Pet Policy

  • Pets up to 35 lbs
  • Pet Size Limit
  • 2 Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,845

Year Built

Built in 1975

Lot Details

0

HOA Fees

$594 per month

Listing Details

  • HOA Fee Includes: Cable TV, Common Area Taxes, Pool, Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds, Maintenance, Pest Control, Pool, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1110
  • New Construction: No
  • Year Built: 1975
  • Building Area Total: 1110
  • Directions to Property: From Stewart Causeway, turn South (left) to address. Property is on the right. Madeira Norte.
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 3
  • List Office Head Office Key Nume: 1045750
  • Minimum Lease: 1 Week
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 734.23
  • Unit Number YN: 0
  • Water Access YN: 1
  • Planned Unit Development Yn: 0
  • Property Description: Corner Unit
  • AG Exemption YN: 0
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Open Floorplan
  • Appliances Included: Built-In Oven, Dishwasher, Disposal, Microwave, Refrigerator, Washer
  • Foundation Details: Block
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: No
  • Stories: 5
  • Window Features: Shutters
  • Street Number Modifier: 13000
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 103.12
  • Room Count: 6

Exterior Features

  • Direction Faces: East
  • Pool Features: Child Safety Fence, Heated, In Ground
  • Exterior Features: Balcony, Sliding Doors
  • Roof: Membrane
  • Home Warranty: No
  • Pool Private: No
  • View: Water
  • Water Body Name: GULF OF MEXICO/BOCA CIEGA BAY
  • Waterfront: Yes
  • Road Surface Type: Concrete
  • Disclosures: Condominium Disclosure Available, HOA/PUD/Condo Disclosure, Seller Property Disclosure
  • Water Access: Gulf/Ocean
  • Water Extras YN: 0
  • Water View: Gulf/Ocean - Partial,Intracoastal Waterway
  • Water View YN: 1
  • Waterfront Feet Total: 2
  • Flood Zone Date: 2021-08-24
  • Flood Zone Panel: 12103C0191H
  • Water Frontage Feet Gulf Ocean: 2

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Covered, Ground Level, Guest

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Pool, Waterfront
  • Association Amenities: Pool
  • Association Fee: 594.3
  • Association Fee Frequency: Monthly
  • Association Name: Leading Edge CAM
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Complex Community Name Nccb: MADEIRA NORTE
  • Association Fee Requirement: Required
  • Building Name Number: MADEIRA NORTE
  • Condo Fees: 0
  • Condo Land Included YN: 0
  • Max Pet Weight: 35
  • Montly Maint Amt Addition To HOA: 0
  • Pet Size: Small (16-35 Lbs.)

Fee Information

  • Total Annual Fees: 7131.60
  • Total Monthly Fees: 594.30
  • Monthly HOA Amount: 594.30

Lot Info

  • Parcel Number: 15-31-15-54297-000-3040
  • Additional Parcels: No
  • Property Attached Yn: No
  • Flood Zone Code: VE
  • Homestead YN: 0
  • Lot Size Square Meters: 0
  • Zoning Compatible YN: 0

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Turnkey
  • Pets Allowed: Size Limit
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: See rules and Regulations.

Tax Info

  • Tax Annual Amount: 6845
  • Tax Block: 304
  • Tax Book Number: 24-87
  • Tax Lot: 1030

Multi Family

  • Waterfront Features: Gulf/Ocean
  • Approval Process: See rules and Regulations

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2023
Closed on
Mar 24, 2023
Sold by
Harris Shane Douglas and Harris Kathleen Ann
Bought by
Madeira Norte Unit 304 Llc
Seller's Agent
Shane Harris
ERA ADVANTAGE REALTY, INC.
Buyer's Agent
Jessica Bex
COASTAL PROPERTIES GROUP
List Price
$825,000
Sold Price
$815,000
Premium/Discount to List
-$10,000
-1.21%
Views
154
Current Estimated Value
$723,292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$91,708
Avg. Annual Appreciation
-3.99%
Original Mortgage
$652,000
Outstanding Balance
$632,269
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$105,406

Purchase Details

Listed on
Dec 19, 2019
Closed on
Jan 24, 2020
Sold by
Selmi Thomas L and Selmi Thomas L
Bought by
Harris Shane Douglas and Harris Kathleen Ann Zipf
Seller's Agent
Chad Hatfield
RESORT REALTY
Buyer's Agent
Leah Herzwurm
COMPASS FLORIDA LLC
List Price
$450,000
Sold Price
$450,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.39%
Original Mortgage
$405,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 2011
Sold by
Hunter William and Hunter Cynthia A
Bought by
Selmi Thomas

Purchase Details

Closed on
Jun 25, 2002
Sold by
Rose Barbara
Bought by
Hunter William and Hunter Cynthia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.77%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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List Price
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
Madeira Norte Unit 304 Llc $815,000 Suncoast One Title
Harris Shane Douglas $450,000 Attorney
Selmi Thomas $250,000 Seminole Title Company
Hunter William $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Madeira Norte Unit 304 Llc $652,000
Previous Owner Harris Shane Douglas $405,000
Previous Owner Hunter William $75,000
Previous Owner Hunter William $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2023 04/05/23 Sold $815,000 -1.2% $734 / Sq Ft
02/10/2023 02/10/23 Pending -- -- --
01/09/2023 01/09/23 For Sale $825,000 +83.3% $743 / Sq Ft
01/24/2020 01/24/20 Sold $450,000 0.0% $405 / Sq Ft
12/21/2019 12/21/19 Pending -- -- --
12/18/2019 12/18/19 For Sale $450,000 -- $405 / 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 $9,083 $652,991 -- $652,991
2023 $9,083 $698,195 $0 $698,195
2022 $7,444 $488,950 $0 $488,950
2021 $6,845 $399,889 $0 $0
2020 $6,665 $402,843 $0 $0
2019 $6,001 $347,964 $0 $347,964
2018 $5,616 $357,918 $0 $0
2017 $5,352 $346,781 $0 $0
2016 $4,771 $289,201 $0 $0
2015 $4,326 $246,149 $0 $0
2014 $4,146 $254,107 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: C7469700

Stellar MLS

APN: 15-31-15-54297-000-3040