NOT LISTED FOR SALE

13312 1st St E Madeira Beach, FL 33708

Estimated Value: $2,252,718

-- Bed
7 Baths
3,492 Sq Ft
$645/Sq Ft Est. Value

Last Sold September 28, 2023

Last sale price $2,203,495 $631 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $14,620/month

145 Days on Market

Highlights

  • In Ground Pool
  • Solid Surface Countertops
  • Eat-In Kitchen
  • Orange Grove Elementary School Rated A
  • No HOA
  • Solid Wood Cabinet

About This Home

As of September 2023

Under contract-accepting backup offers. Welcome to The Cottages of Madeira Beach! This is the opportunity you've been waiting for - 7 amazing beach cottages on 3 lots Hotel/Motel, arranged in a quaint well maintained courtyard, a resort-style pool (heated in the winter) with spa jets, a privacy fence and comfortable lounge chairs as well as a nice BBQ area and Tiki Huts on site, a separate laundry room. This little slice of paradise is only steps from beach access to the sugar sandy beaches of the marvelous Madeira Beach and just 1 block north of Famous John’s Pass Village with Restaurants, Shopping, Live Entertainment, Water Sports, Sightseeing Boat trips, Fishing, and Dolphin Sightings from the Boardwalk. All beach cottages have been meticulously updated and come fully furnished. Brand new roofs too! These cottages are on track to do OVER $300k this year and are booking up quickly. This property is truly turn key and ready to help make your dreams come true!

Last Agent to Sell the Property

Stephen Friese

KELLER WILLIAMS ST PETE REALTY Brokerage Phone: 727-894-1600 License #3331488 Listed on: 01/06/2023

KELLER WILLIAMS ST PETE REALTY

Last Buyer's Agent

Stellar Non-Member Agent

Stellar Non-Member Office

Stellar Non-Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,518

Year Built

  • Built in 1942

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 120x104
  • Street paved with bricks

Home Design

  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,492 Sq Ft Home
  • Ceiling Fan
  • Window Treatments
  • Combination Dining and Living Room

Kitchen

  • Eat-In Kitchen
  • Solid Surface Countertops
  • Solid Wood Cabinet

Outdoor Features

  • In Ground Pool
  • Exterior Lighting

Utilities

  • Mini Split Air Conditioners
  • Heating Available
  • Thermostat
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 18 / 11
  • Assessor Parcel Number 15-31-15-58320-011-0180

Community Details

Overview

  • No Home Owners Association
  • 7 Buildings
  • 7 Units
  • Mitchells Beach Rev Subdivision

Building Details

  • Gross Income $261,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,518

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • Construction Materials: Vinyl Siding
  • Fireplace: No
  • Living Area: 3492
  • Lot Size Acres: 0.28
  • New Construction: No
  • Year Built: 1942
  • Lot Size Sq Ft: 12175
  • Directions to Property: 1st Ave N - Left onto Pasadena Ave N - Right onto Central Ave - Continue onto Treasure Island Causeway - Stay right onto 108th Ave - Right onto Gulf Blvd - Right on 133rd Ave E - Left onto 1st St E
  • Status: Sold
  • Street Post Direction: E
  • Ownership: Fee Simple
  • Escrow City: Clearwater
  • Escrow Postal Code: 33756
  • Escrow State: FL
  • Escrow Street Name: Court Street
  • Escrow Street Number: 1267
  • List Office Head Office Key Nume: 203884503
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 631.01
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 0
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, Living Room/Dining Room Combo, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Window Treatments
  • Foundation Details: Slab
  • Street Number Modifier: 13312
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 324.42

Exterior Features

  • Pool Features: In Ground
  • Exterior Features: Lighting
  • Roof: Shingle
  • Pool Private: Yes
  • Waterfront: No
  • Road Surface Type: Brick
  • Disclosures: Lead Paint
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
  • Cooling: Mini-Split Unit(s)
  • Heating: Electric
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Parcel Number: 15-31-15-58320-011-0180
  • Additional Parcels: No
  • Lot Dimensions: 120x104
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 1131

Green Features

  • Green Verification Count: 0

Rental Info

  • Terms Of Lease: Gross Lease

Multi Family

  • Gross Income: 261000
  • Number Of Units Total: 7
  • Total Num Buildings: 7
  • Unit Count: 0
  • Est Annual Market Income: 305000.00

Tax Info

  • Tax Annual Amount: 16517.54
  • Tax Block: 11
  • Tax Book Number: 3-54
  • Tax Lot: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2023
Closed on
Sep 29, 2023
Sold by
Nash Cottages Llc
Bought by
13302 Maderia Beach Llc
Seller's Agent
Stephen Friese
KELLER WILLIAMS ST PETE REALTY
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$2,749,000
Sold Price
$2,203,495
Premium/Discount to List
-$545,505
-19.84%
Views
323
Current Estimated Value
$2,252,718

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,223
Avg. Annual Appreciation
0.74%
Original Mortgage
$1,500,000
Interest Rate
7.09%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Dec 3, 2021
Closed on
Dec 3, 2021
Sold by
Db & Gg Properties Llc
Bought by
Nash Cottages Llc
Seller's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
Buyer's Agent
Chad Hatfield
RESORT REALTY
List Price
$2,000,000
Sold Price
$2,000,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.47%

Purchase Details

Listed on
May 24, 2019
Closed on
Oct 11, 2019
Sold by
Seremty Estates Holiday Vacations Llc
Bought by
Db & Gg Properties Llc
Seller's Agent
Sarah Wheaton
COASTAL PROPERTIES GROUP
Buyer's Agent
Chad Hatfield
RESORT REALTY
List Price
$1,700,000
Sold Price
$1,450,000
Premium/Discount to List
-$250,000
-14.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.13%
Original Mortgage
$1,160,000
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 28, 2011
Sold by
Challenge Enterprise International Llc
Bought by
Serenity Estates Holiday Vacations Llc

Purchase Details

Closed on
Jun 3, 2004
Sold by
Brown Deborah S
Bought by
Challenge Enterprise International Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$730,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 2, 2002
Sold by
Holdeman John
Bought by
Brown Deborah S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 29, 2000
Sold by
Anani Sami Z
Bought by
Holdeman John

Purchase Details

Closed on
Apr 10, 2000
Sold by
Wynne Tom and Tang Linda
Bought by
Anani Sami Z

Purchase Details

Closed on
Apr 7, 1997
Sold by
Rose Beatrice K
Bought by
Wynne Tom and Tang Linda

Purchase Details

Closed on
Mar 31, 1997
Sold by
Rose Beatrice K
Bought by
Wynne Tom and Tang Linda
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
13302 Maderia Beach Llc $2,077,000 None Listed On Document
13302 Maderia Beach Llc $2,077,000 None Listed On Document
Nash Cottages Llc $2,000,000 Boss Law Pllc
Db & Gg Properties Llc $1,450,000 First Title Source Llc
Serenity Estates Holiday Vacations Llc $420,000 Legal Title Exchange Inc
Challenge Enterprise International Llc $815,000 --
Brown Deborah S $495,000 --
Brown Deborah S $405,000 --
Holdeman John $82,000 --
Holdeman John $188,000 --
Anani Sami Z $140,000 --
Anani Sami Z $75,000 --
Wynne Tom $69,500 --
Wynne Tom $124,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 13302 Madeira Beach Llc $289,500
Closed 13302 Maderia Beach Llc $1,500,000
Previous Owner Db & Gg Properties Llc $1,160,000
Previous Owner Challenge Enterprise International Llc $881,250
Previous Owner Challenge Enterprise International Llc $730,000
Previous Owner Wynne Tom $324,000
Previous Owner Wynne Tom $396,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2023 09/28/23 Sold $2,203,495 -11.8% $631 / Sq Ft
06/01/2023 06/01/23 Pending -- -- --
05/11/2023 05/11/23 Price Changed $2,497,000 -0.1% $715 / Sq Ft
05/01/2023 05/01/23 Price Changed $2,499,000 -3.9% $716 / Sq Ft
04/07/2023 04/07/23 Price Changed $2,599,900 -5.4% $745 / Sq Ft
04/06/2023 04/06/23 For Sale $2,749,000 0.0% $787 / Sq Ft
03/24/2023 03/24/23 Pending -- -- --
02/01/2023 02/01/23 Price Changed $2,749,000 0.0% $787 / Sq Ft
01/31/2023 01/31/23 Price Changed $2,749,100 0.0% $787 / Sq Ft
01/17/2023 01/17/23 Price Changed $2,749,000 0.0% $787 / Sq Ft
01/06/2023 01/06/23 For Sale $2,749,900 +37.5% $787 / Sq Ft
12/03/2021 12/03/21 Sold $2,000,000 0.0% $573 / Sq Ft
12/03/2021 12/03/21 For Sale $2,000,000 +37.9% $573 / Sq Ft
10/20/2021 10/20/21 Pending -- -- --
10/11/2019 10/11/19 Sold $1,450,000 -8.2% $415 / Sq Ft
09/12/2019 09/12/19 Pending -- -- --
06/03/2019 06/03/19 Price Changed $1,580,000 -7.1% $452 / Sq Ft
05/24/2019 05/24/19 For Sale $1,700,000 -- $487 / 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 $27,440 $1,750,000 $1,082,086 $667,914
2023 $27,440 $1,700,000 $1,092,938 $607,062
2022 $27,637 $1,700,000 $1,152,019 $547,981
2021 $16,518 $965,000 $0 $0
2020 $18,685 $1,075,000 $0 $0
2019 $10,394 $725,000 $375,324 $349,676
2018 $9,300 $660,000 $0 $0
2017 $8,631 $600,000 $0 $0
2016 $6,840 $385,000 $0 $0
2015 $6,649 $365,000 $0 $0
2014 $6,188 $342,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: U8186421

Stellar MLS

APN: 15-31-15-58320-011-0180