NOT LISTED FOR SALE

17820 Lee Ave Redington Shores, FL 33708

Estimated Value: $1,402,000 - $4,236,123

8 Beds
6 Baths
3,162 Sq Ft
$989/Sq Ft Est. Value

Last Sold November 12, 2021

Last sale price $4,450,000 $1,407 Per Sq Ft

Est. 30% decrease in value since last sale

Current estimated payment $21,413/month

59 Days on Market

Highlights

  • 195 Feet of Waterfront
  • Beach View
  • Private Beach
  • Bauder Elementary School Rated A-
  • Water access To Gulf or Ocean
  • 1-minute walk to Del Bello Park

About This Home

As of November 2021

Nightly / Weekly rental property currently rents 83% of nights thus far in 2021 at an average of $2,600 per night. Net Operating Income currently pacing for more than $575,000 this year.

AUCTION SALE AUGUST 14 at 11AM. Sale will be held at the property with viewing available from 9am sale day. THIS IS LIVE, ON-SITE AUCTION SALE. PROPERTY MAY SELL FOR MORE OR LESS THAN LIST PRICE.

Amazing investment opportunity for an income producing nightly/weekly beachfront rental. Located in Redington Shores your guests will enjoy their own private beach path in this 8 bed, 6 bath Key-West style masterpiece. The house is located on the only secluded beachfront overnight rental street from Clearwater to Treasure Island.

TERMS & CONDITIONS: At the Auction, the winning bidder will place a $100,000.00 deposit with American Heritage Auctioneers, LLC, as escrow agent. Personal checks accepted. The balance is due at closing within 45 days. Seller will pay for the Title Insurance Policy, convey a Special Warranty Deed free and clear of all liens and debt. Seller will pay for the documentary stamps. All prorations will be as of the day before closing. A 10% Buyer premium will be added to the bid to create the purchase price.

Last Agent to Sell the Property

Alex Grandjacquet

REAL BROKER, LLC License #3501336 Listed on: 06/16/2021

REAL BROKER, LLC

Co-Listed By

Michael Peters

AMERICAN HERITAGE REALTY, INC. License #628000

Last Buyer's Agent

Alex Grandjacquet

REAL BROKER, LLC License #3501336 Listed on: 06/16/2021

REAL BROKER, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,026

Year Built

  • Built in 1980

Lot Details

  • 6,795 Sq Ft Lot
  • Lot Dimensions are 60x122
  • 195 Feet of Waterfront
  • Property fronts gulf or ocean
  • Property fronts a public beach
  • Private Beach
  • Public Beach
  • East Facing Home

Parking

  • 4 Car Garage

Property Views

  • Beach
  • Full Gulf or Ocean

Home Design

  • Key West Architecture
  • Slab Foundation
  • Wood Frame Certified By Forest Stewardship Council
  • Wood Frame Construction
  • Metal Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,162 Sq Ft Home
  • 3-Story Property
  • Crown Molding
  • High Ceiling
  • Sliding Doors
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Hurricane or Storm Shutters

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Travertine

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • In Ground Spa
  • Outdoor Shower
  • Outside Bathroom Access

Outdoor Features

  • Water access To Gulf or Ocean
  • Balcony
  • Outdoor Kitchen
  • Outdoor Storage
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Harbor Shores 3Rd Add Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,026

Year Built

Built in 1980

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Key West
  • Construction Materials: Block, Concrete, Stucco, Wood Frame, Wood Frame (FSC Certified)
  • Fireplace: Yes
  • Living Area: 3162
  • Lot Size Acres: 0.16
  • New Construction: No
  • Year Built: 1980
  • Lot Size Sq Ft: 6795
  • Directions to Property: From Gulf Blvd in Redington Shores turn West on to Lee Ave.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8127258?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8127258?w=Customer
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1.1125
  • Price per Sq Ft: 1407.34
  • Close to Original List Price Ratio: 1.1125
  • View: Yes
  • Co List Office Mls Id: 257005887
  • Co List Office Phone: 727-726-7272
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: 4160

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Travertine, Hardwood
  • Full Bathrooms: 6
  • Interior Amenities: Crown Molding, Eating Space In Kitchen, High Ceiling(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Dormitorio Principal Arriba
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Freezer, Ice Maker, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 8
  • Levels: Three Or More
  • Spa Features: In Ground
  • Spa Yn: Yes
  • Stories: 3
  • Street Number Modifier: 17820
  • Room Count: 4

Exterior Features

  • Direction Faces: East
  • Pool Features: Heated, In Ground, Outside Bath Access
  • Exterior Features: Balcony, Hurricane Shutters, Outdoor Grill, Outdoor Kitchen, Outdoor Shower, Sliding Doors, Storage
  • Roof: Metal
  • Pool Private: Yes
  • View: Water
  • Waterfront: Yes
  • Road Surface Type: Asphalt
  • Water View: Beach, Gulf/Ocean - Full
  • Water Access: Beach - Private, Beach - Public, Gulf/Ocean
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Waterfront Frontage: 195
  • Water Frontage Feet Beach Pub: 65
  • Water Frontage Feet Beach Prvt: 65
  • Water Frontage Feet Gulf Ocean: 65

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Spaces: 4
  • Garage Yn: Yes
  • Covered Parking Spaces: 4
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Street Lights, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Public Remarks Required: Auction Property.
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Lot Info

  • Parcel Number: 31-30-15-36342-000-0100
  • Additional Parcels: No
  • Lot Dimensions: 60x122
  • Flood Zone Code: AE

Rental Info

  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No
  • Month To Month Or Weekly Y N: Yes

Tax Info

  • Tax Annual Amount: 39026.04
  • Tax Block: 1
  • Tax Book Number: 25-65
  • Tax Lot: 10

Multi Family

  • Waterfront Features: Beach - Private, Beach - Public, Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2021
Closed on
Oct 27, 2021
Sold by
Big Blue House Llc
Bought by
Cooper Street Lp
Seller's Agent
Alex Grandjacquet
REAL BROKER, LLC
Buyer's Agent
Alex Grandjacquet
REAL BROKER, LLC
List Price
$4,000,000
Sold Price
$4,450,000
Premium/Discount to List
$450,000
11.25%
Current Estimated Value
$3,126,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,323,959
Avg. Annual Appreciation
-8.13%
Original Mortgage
$2,905,000
Outstanding Balance
$2,690,383
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$522,591

Purchase Details

Closed on
Dec 14, 2020
Sold by
Muszik Jerard D and Muszik Carol G
Bought by
Big Blue House Llc

Purchase Details

Closed on
Jul 3, 2018
Sold by
Muszik Carol G and Muszik Jerard D
Bought by
Muszik Carol G and Muszik Jerard D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 8, 2017
Sold by
Thanx Ms Lee Llc
Bought by
Muszik Carol

Purchase Details

Closed on
Sep 4, 2015
Sold by
Savino Michael K
Bought by
Thanx M S Lee Llc

Purchase Details

Closed on
Dec 7, 2012
Sold by
Savino Michael K
Bought by
Thanx M S Lee Llc

Purchase Details

Closed on
Sep 30, 2011
Sold by
Redington I Investments Llc
Bought by
Savino Michael K and Savino Dana A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
4.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 2, 2005
Sold by
Chmielewski Mark
Bought by
Redington Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,610,000
Interest Rate
6.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 23, 2005
Sold by
Orr Robert G
Bought by
Chmielewski Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,350,000
Interest Rate
5.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 28, 2001
Sold by
Loewen Lorraine M
Bought by
Orr Earl A
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
Cooper Street Lp $4,455,000 Legal Title Exchange Inc
Big Blue House Llc -- Accommodation
Muszik Carol G -- Attorney
Muszik Carol $1,994,000 Fidelity National Title Of F
Thanx M S Lee Llc -- Attorney
Thanx M S Lee Llc -- Attorney
Savino Michael K -- Attorney
Savino Michael K $1,700,000 Attorney
Redington Investments Llc $2,300,000 --
Chmielewski Mark $1,800,000 --
Chmielewski Mark -- --
Orr Earl A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cooper Street Lp $500,000
Open Cooper Street Lp $2,905,000
Previous Owner Muszik Carol G $1,500,000
Previous Owner Savino Michael K $800,000
Previous Owner Redington Investments Llc $1,610,000
Previous Owner Chmielewski Mark $1,350,000
Previous Owner Orr Earl A $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2021 11/12/21 Sold $4,450,000 +11.3% $1,407 / Sq Ft
08/14/2021 08/14/21 Pending -- -- --
06/16/2021 06/16/21 For Sale $4,000,000 -- $1,265 / 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 $57,094 $4,256,420 $3,511,903 $744,517
2023 $57,094 $3,785,845 $3,125,235 $660,610
2022 $55,053 $3,622,721 $3,131,782 $490,939
2021 $47,628 $2,966,337 $0 $0
2020 $39,026 $2,479,850 $0 $0
2019 $35,710 $2,195,996 $1,777,025 $418,971
2018 $32,322 $1,928,467 $0 $0
2017 $21,540 $1,289,283 $0 $0
2016 $19,768 $1,148,423 $0 $0
2015 $18,523 $1,028,065 $0 $0
2014 $18,389 $1,056,313 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: U8127258

Stellar MLS

APN: 31-30-15-36342-000-0100