NOT LISTED FOR SALE

13101 Gulf Blvd Unit 1505 Madeira Beach, FL 33708

Estimated Value: $574,491

2 Beds
2 Baths
762 Sq Ft
$495/mo HOA Fee

Last Sold March 15, 2023

Last sale price $650,000 $853 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $4,073/month

84 Days on Market

Highlights

  • 10 Feet of Waterfront
  • White Water Ocean Views
  • Fitness Center
  • Orange Grove Elementary School Rated A
  • Beach Access
  • 1-minute walk to John's Pass Park

About This Home

As of March 2023

Great Income Producing opportunity at the Pet & Short Term Rental friendly, Newly Constructed, Madeira Bay Resort I. Located directly across Gulf Boulevard is the sandy white beaches of Madeira Beach! This beautiful 2 bedroom/2 bath unit gives you Full Marina/Intracoastal Views, beautiful LVP flooring throughout the Living Area and Bedrooms, and comes completely furnished/turn key (Including in unit washer/dryer stack) with everything you and your guests need for vacation! The Master Bedroom has remarkable Marina views as well, with en suite bathroom to give you the R&R you are looking for. The Resort features 2 levels of under building parking, a beautiful heated swimming pool/spa, fitness room (located at Madeira Bay Resort II), and it is just a short walk to the world famous John’s Pass Village & Boardwalk with over 100 shops and restaurants, boating and fishing charters, dinner cruises, dolphin tours, jet ski rentals and parasailing. Condo is a very successful vacation rental unit with close to 20k already in future bookings.

Last Agent to Sell the Property

Chad Hatfield

RESORT REALTY License #3441437 Listed on: 11/11/2022

Co-Listed By

Corey Brown

RESORT REALTY License #3513677

Last Buyer's Agent

Kimberly Poulin

REALTY EXPERTS License #3480320

REALTY EXPERTS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,340

Year Built

  • Built in 2020

Lot Details

  • 10 Feet of Waterfront
  • Property fronts an intracoastal waterway
  • Southwest Facing Home

HOA Fees

  • $495 Monthly HOA Fees

Property Views

  • White Water Ocean
  • Marina
  • Intracoastal

Home Design

  • Condo Hotel
  • Slab Foundation
  • Built-Up Roof
  • Block Exterior
  • Pile Dwellings
  • Stucco

Interior Spaces

  • 762 Sq Ft Home
  • Ceiling Fan

Kitchen

  • Range
  • Dishwasher

Flooring

  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Beach Access
  • Access To Intracoastal Waterway
  • Access To Marina
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 15-31-15-54169-000-1505

Community Details

Overview

  • Association fees include cable TV, community pool, insurance, internet, maintenance structure, manager, pest control, pool maintenance, sewer, trash, water
  • Trs Susan Thomas Association, Phone Number (727) 393-2534
  • Madeira Bay Resort I Condo Subdivision
  • 7-Story Property

Amenities

  • Elevator

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • 2 Pets Allowed
  • Medium pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,340

Year Built

Built in 2020

Lot Details

0

HOA Fees

$495 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Insurance, Internet, Maintenance Structure, Manager, Pest Control, Pool Maintenance, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condo - Hotel
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 762
  • Lot Size Acres: 0.21
  • New Construction: No
  • Year Built: 2020
  • Lot Size Sq Ft: 9306
  • Directions to Property: From Stuart Causeway to South on Gulf Blvd to NE corner of 131st Ave and Gulf Blvd.
  • Status: Sold
  • Floor Number: 5
  • Homestead Y N: No
  • Number Of Pets: 2
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 853.02
  • Close to Original List Price Ratio: 1
  • View: No
  • Co List Office Mls Id: 283504651
  • Co List Office Phone: 727-329-8914
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Foundation Details: Slab, Stilt/On Piling
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 7
  • Street Number Modifier: 13101
  • Room Count: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Southwest
  • Exterior Features: Balcony
  • Roof: Built-Up
  • Pool Private: No
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Water View: Bay/Harbor - Full, Intracoastal Waterway, Marina
  • Water Access: Beach, Intracoastal Waterway, Marina
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12103C0191H
  • Waterfront Frontage: 10
  • Water Frontage Feet I C W: 10
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Fitness, Pool, Water Access, Waterfront
  • Association Name: TRS - Susan Thomas
  • Phone: 727-393-2534
  • Association: No
  • Senior Community: No
  • Condo Fees: 495
  • Condo Fees Term: Monthly
  • Association Email: susant@trsinc.com
  • Monthly Condo Fee Amount: 495
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 5940
  • Total Monthly Fees: 495

Lot Info

  • Parcel Number: 15-31-15-54169-000-1505
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Flood Zone Date: 2021-08-24
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Pet Size: Medium (36-60 Lbs.)
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 5340
  • Tax Block: 0
  • Tax Book Number: 164-1
  • Tax Lot: 0

Multi Family

  • Waterfront Features: Intracoastal Waterway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2022
Closed on
Mar 15, 2023
Sold by
1505 Madeira Bay Llc
Bought by
Bujouves Perry Angelo and Bujouves Maria Vergiris
Seller's Agent
Chad Hatfield
RESORT REALTY
Buyer's Agent
Kimberly Poulin
REALTY EXPERTS
List Price
$650,000
Sold Price
$650,000
Views
28
Current Estimated Value
$574,491

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$75,509
Avg. Annual Appreciation
-4.62%
Original Mortgage
$455,000
Outstanding Balance
$443,227
Interest Rate
7.38%
Mortgage Type
New Conventional
Estimated Equity
$131,264

Purchase Details

Closed on
Oct 12, 2020
Sold by
Koo Richard Paul and Koo Reema Al-Shaikh
Bought by
1505 Madeira Bay Llc

Purchase Details

Listed on
Jan 25, 2018
Closed on
Aug 3, 2020
Sold by
Madeira Bay Partners Iv Llc
Bought by
Koo Richard and Koo Reema
Seller's Agent
Jeff Beggins
CENTURY 21 BE3
Buyer's Agent
Sarah Strobel
FLORIDA DRIVEN REAL ESTATE
List Price
$334,900
Sold Price
$369,900
Premium/Discount to List
$35,000
10.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.82%
Source: Public Records

Range of Values:

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Average Value
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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
Bujouves Perry Angelo $650,000 --
1505 Maderia Bay Llc -- None Available
1505 Madeira Bay Llc -- Koo Richard
Koo Richard $369,900 Paramount Title Ii
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bujouves Perry Angelo $455,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/15/2023 03/15/23 Sold $650,000 0.0% $853 / Sq Ft
12/25/2022 12/25/22 Off Market $650,000 -- --
11/11/2022 11/11/22 For Sale $650,000 +75.7% $853 / Sq Ft
08/11/2020 08/11/20 Sold $369,900 0.0% $485 / Sq Ft View Prior Sale
06/28/2019 06/28/19 Pending -- -- --
04/06/2018 04/06/18 Price Changed $369,900 +10.5% $485 / Sq Ft
01/25/2018 01/25/18 For Sale $334,900 -- $440 / 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 $6,774 $493,062 -- $493,062
2023 $6,774 $492,090 $0 $492,090
2022 $6,010 $415,338 $0 $415,338
2021 $5,340 $312,000 $0 $0
2020 $692 $39,813 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: U8180729

Stellar MLS

APN: 15-31-15-54169-000-1505