$660,000
SOLD DEC 3, 2024
2 Beds
1.5 Baths
940 Sq Ft
$649/mo HOA Fee

Recently Sold

$702 Per Sq Ft

15% Below List Price

517 Days on Market

Highlights

  • Beach Front
  • White Water Ocean Views
  • Heated In Ground Pool
  • Orange Grove Elementary School Rated A
  • Water access To Gulf or Ocean
  • 1-minute walk to John's Pass Park

About This Home

As of December 2024

This unit is high and dry! NO STORM DAMAGE!! HUGE PRICE REDUCTION!! GREAT RENTAL! 1 WEEK MINIMUM RENTAL. Investors, 1031 Exchange Investors!  1 Week Minimum Rental Condo with Fantastic Water Views of Boca Ciega Bay, and stunning sunrises, from this 4th floor oversized balcony!  Sold fully furnished, Unit 402 is a 2 bed 1-1/2 bath, turn-key property ready for your family to own, enjoy, rent out, and build lasting memories in the heart of John’s Pass Village, sitting right on Madeira Beach!  Vacationers return year-after-year to enjoy all this “Old Florida Village” has to offer and it’s vast array of family fun, food, pubs, shops, activities, fishing, water sports or just hanging out on the soft sandy beach in the beautiful Florida sun.  John’s Pass is fun, beautiful and convenient!  Unit 402 has a Caribbean decor, high quality porcelain flooring and tremendous views!  Photo’s simply don’t show the beautiful water view you get from this 4th floor unit, you can see for miles.   The HVAC, Fridge and dishwasher are only 18 months old!  Madeira Norte is a WELL-RUN condominium with Low HOA fees.  August of 2022 HOA completed a year-long, professionally contracted, painting and refurbishment of the exterior walls, porches, rails and corridors of the entire building….It’s beautiful!  They are currently replacing the roof, as scheduled, and will be replacing the elevators at the end of 2023 or early 2024.  Both projects have been fully funded.  This complex is well run and includes an on site Superintendent that keeps the place clean and comfortable for owners and guests.  Unit 402 is currently being rented.  They are filling up with ease and have renters on the books well into 2024.  Rentals in this complex are highly desirable and the cash flow is excellent!  Each unit gets one reserved parking spot and there are over 30 guest parking spots, which is a unique luxury on the beach!  There is a heated pool and a gated entrance to the beach for your convenience.  Grilling area, owner’s storage also available.

Last Agent to Sell the Property

Jeff Salisbury

DALTON WADE INC Brokerage Phone: 888-668-8283 License #3467596 Listed on: 06/08/2023

DALTON WADE INC

Last Buyer's Agent

Sherri Otoski

KELLER WILLIAMS REALTY- PALM H License #3429609

KELLER WILLIAMS REALTY- PALM H

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,232

Year Built

  • Built in 1975

Lot Details

  • Beach Front
  • Property fronts gulf or ocean
  • Northwest Facing Home

HOA Fees

  • $649 Monthly HOA Fees

Property Views

  • White Water Ocean
  • Intracoastal

Home Design

  • Shingle Roof
  • Block Exterior
  • Pile Dwellings
  • Stucco

Interior Spaces

  • 940 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • 1 Carport Space
  • Off-Street Parking
  • Assigned Parking

Pool

  • Heated In Ground Pool
  • Gunite Pool

Outdoor Features

  • Water access To Gulf or Ocean
  • Balcony

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, common area taxes, pool, internet, maintenance structure, ground maintenance, pest control, sewer, trash, water
  • Ben Commons Association
  • Madeira Norte Condo Subdivision

Recreation

  • Community Pool

Pet Policy

  • Pets up to 25 lbs
  • 1 Pet Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,232

Year Built

Built in 1975

Lot Details

0

HOA Fees

$649 per month

Listing Details

  • HOA Fee Includes: Cable TV, Common Area Taxes, Pool, Internet, Maintenance Structure, Maintenance Grounds, Pest Control, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 940
  • Lot Size Acres: 1
  • New Construction: No
  • Year Built: 1975
  • Building Area Total: 940
  • Lot Size Sq Ft: 44256
  • Directions to Property: From Stewart Causeway, turn South (left) to address. Property is on the right.
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow City: Seminole
  • Escrow Postal Code: 33772
  • Escrow State: FL
  • Escrow Street Name: Seminole Blvd
  • Escrow Street Number: 8640
  • Floor Number: 4
  • List Office Head Office Key Nume: 163917242
  • Minimum Lease: 1 Week
  • Number Of Pets: 1
  • RATIO Current Price By Calculate: 702.13
  • Unit Number YN: 0
  • Water Access YN: 1
  • MFR_BedroomClosetType: Walk-in Closet
  • Attribution Contact: 888-668-8283
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Split Bedroom, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 13000
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 87.33
  • Room Count: 3

Exterior Features

  • Direction Faces: Northwest
  • Pool Features: Gunite, Heated, In Ground
  • Exterior Features: Balcony
  • Roof: Shingle
  • Pool Private: No
  • View: Water
  • Water Body Name: GULF OF MEXICO
  • Waterfront: Yes
  • Road Surface Type: Asphalt
  • Disclosures: Condominium Disclosure Available, HOA/PUD/Condo Disclosure, Lead Paint, Seller Property Disclosure
  • Water Access: Beach,Gulf/Ocean
  • Water Extras YN: 0
  • Water View: Bay/Harbor - Full,Intracoastal Waterway
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Assigned, Covered, Off Street

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Pool
  • Association Fee: 648.85
  • Association Fee Frequency: Monthly
  • Association Name: Ben Commons
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Pet Restrictions: Only owners can have a pet, no tenants are allowed to have a pet.
  • Association Fee Requirement: Required
  • Building Name Number: MADEIRA NORTE
  • Condo Fees: 0
  • Condo Land Included YN: 0
  • Max Pet Weight: 25
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: service@leadingedgecam.com
  • Pet Size: Small (16-35 Lbs.)

Fee Information

  • Total Annual Fees: 7786.20
  • Total Monthly Fees: 648.85
  • Monthly HOA Amount: 648.85

Lot Info

  • Parcel Number: 15-31-15-54297-000-4020
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 4112

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: See Rules and Regulations. 1 week min rental.
  • Month To Month Or Weekly YN: 1

Tax Info

  • Tax Annual Amount: 6232.37
  • Tax Block: 000
  • Tax Book Number: 24-87
  • Tax Lot: 4020

Multi Family

  • Waterfront Features: Beach Front, Gulf/Ocean
  • Approval Process: See attached Madeira Norte Application.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2023
Closed on
Dec 3, 2024
Sold by
Cole Stanley K and Cole Susan P
Bought by
Momentum Properties Llc
Seller's Agent
Jeff Salisbury
DALTON WADE INC
Buyer's Agent
Sherri Otoski
KELLER WILLIAMS REALTY- PALM H
List Price
$775,000
Sold Price
$660,000
Premium/Discount to List
-$115,000
-14.84%
Views
553
Current Estimated Value
$640,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,134
Avg. Annual Appreciation
-2.11%

Purchase Details

Closed on
Sep 10, 2012
Sold by
Kivlin Alfred B and Kivlin Irene F
Bought by
Cole Stanley K and Cole Susan P
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $660,000 Seminole Title
Warranty Deed $237,500 Seminole Title Company
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2024 12/03/24 Sold $660,000 -5.7% $702 / Sq Ft
11/07/2024 11/07/24 Pending -- -- --
06/22/2024 06/22/24 Price Changed $699,999 -2.1% $745 / Sq Ft
03/20/2024 03/20/24 Price Changed $714,999 -4.6% $761 / Sq Ft
02/05/2024 02/05/24 Price Changed $749,850 0.0% $798 / Sq Ft
01/16/2024 01/16/24 Price Changed $749,900 -3.2% $798 / Sq Ft
12/15/2023 12/15/23 For Sale $775,000 +17.4% $824 / Sq Ft
12/11/2023 12/11/23 Off Market $660,000 -- --
11/03/2023 11/03/23 For Sale $775,000 0.0% $824 / Sq Ft
10/02/2023 10/02/23 Pending -- -- --
09/19/2023 09/19/23 Price Changed $775,000 -3.1% $824 / Sq Ft
06/23/2023 06/23/23 Price Changed $799,997 -2.4% $851 / Sq Ft
06/08/2023 06/08/23 For Sale $819,500 -- $872 / 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 $7,591 $539,872 -- $539,872
2023 $7,591 $583,008 $0 $583,008
2022 $6,232 $410,084 $0 $410,084
2021 $5,724 $334,440 $0 $0
2020 $5,676 $346,947 $0 $0
2019 $5,058 $291,766 $0 $291,766
2018 $4,712 $297,266 $0 $0
2017 $4,539 $295,157 $0 $0
2016 $4,030 $243,980 $0 $0
2015 $3,685 $211,600 $0 $0
2014 $3,494 $213,373 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: U8202206

Stellar MLS

APN: 15-31-15-54297-000-4020