NOT LISTED FOR SALE

Beach Palms 18450 Gulf Blvd Unit 402 Indian Shores, FL 33785

Estimated Value: $937,415 - $1,044,000

3 Beds
2 Baths
1,375 Sq Ft
$582/mo HOA Fee

Last Sold September 16, 2021

Last sale price $860,000 $625 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $6,919/month

11 Days on Market

Highlights

  • 600 Feet of Waterfront
  • Water access To Gulf or Ocean
  • Open Floorplan
  • Bauder Elementary School Rated A-
  • Partial Gulf or Ocean Views
  • Community Pool

About This Home

As of September 2021

Beautifully updated 3 BEDROOM and 2 BATH condo with 7 DAY minimum rentals. This is the PERFECT SECOND HOME or INCOME PRODUCING PROPERTY – Furnishings Convey - TURN KEY – HURRICANE SHUTTERS – property manager on site! The unit has an OPEN FLOOR PLAN kitchen/dining/living area and a SPLIT BEDROOM FLOOR PLAN. Lovely WATER VIEWS in your living area and master suite! Stunning Porcelain tile is laid throughout the living areas and new carpets, 2021 Anderson Tuftex loop by Shaw – nylon, 10 year loop warranty, in the bedrooms. UPDATED KITCHEN with dimmer LED recessed and pendant lighting, soft close maple cabinets and granite countertops. The Master Bedroom features an updated en suite bathroom, walk in closet, beautiful view of the Gulf along with a door that leads out to the balcony. The 2nd bathroom has been updated with a walk in shower to accompany the other 2 large bedrooms. Bathrooms updated with custom solid maple cabinets with granite countertops, Kohler low-flow toilets, new faucets and multi-function showerheads and glass shower enclosures. Laundry room with a full-size HE washer and dryer. AC replaced 2017. Hurricane shutters on southern master bedroom window and balcony with remote and wall controls. Beach Palms is located in the gorgeous Indian Shores Beach. It’s conveniently located by Park Blvd bridge with easy access to groceries, shops, pubs, and boutiques. Across the street is a launch ramp to the Intracoastal waterway. There is 1 assigned parking space under the building. The complex offers a heated saltwater pool overlooking the beach. There are gas grills and showers/restrooms available as well. HOA $581.78 includes: Common Area Taxes, Escrow Reserves Fund, Insurance, Maintenance Exterior, Landscaping, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Sprinkler system (inside condo) maintained by condo association, garbage/waste, and water provided. Owner is responsible for utilities: electric and cable/phone. Rental history available upon request. Two international airports 30-40 minutes away. Comes with American Home Shield COMPLETE 1 Year Buyer’s Warranty.

Last Agent to Sell the Property

Debbie Kleinman

COLDWELL BANKER REALTY License #3424728 Listed on: 07/22/2021

COLDWELL BANKER REALTY

Last Buyer's Agent

Diane Chisholm

SMITH & ASSOCIATES REAL ESTATE License #3148372

SMITH & ASSOCIATES REAL ESTATE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,992

Year Built

  • Built in 1991

Lot Details

  • 600 Feet of Waterfront
  • Property fronts gulf or ocean
  • East Facing Home

HOA Fees

  • $582 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 1,375 Sq Ft Home
  • Open Floorplan
  • Family Room Off Kitchen

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Water access To Gulf or Ocean
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

Community Details

Overview

  • Association fees include common area taxes, community pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, manager, pest control, pool maintenance, sewer, trash, water
  • Beach Palms Condo Assoc./Deb Gammon Association
  • Beach Palms Condo Subdivision
  • The community has rules related to building or community restrictions
  • Rental Restrictions
  • 5-Story Property

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Additional Features

  • Elevator
  • Hurricane or Storm Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,992

Year Built

Built in 1991

Lot Details

0

HOA Fees

$582 per month

Listing Details

  • HOA Fee Includes: Common Area Taxes, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 1375
  • New Construction: No
  • Year Built: 1991
  • Directions to Property: From Park Blvd, South on Gulf Blvd. to address.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8130586?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8130586?w=Customer
  • Floor Number: 4
  • Homestead Y N: No
  • Unit Number Y N: No
  • Home Warranty Y N: Yes
  • Ratio: Close Price\List Price: 0.96629
  • Price per Sq Ft: 625.45
  • Close to Original List Price Ratio: 0.96629
  • View: Yes
  • Ownership: Condominium
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Kitchen/Family Room Combo, Open Floorplan, Solid Wood Cabinets, Split Bedroom
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 5
  • Street Number Modifier: 18450
  • Room Count: 6

Exterior Features

  • Direction Faces: East
  • Exterior Features: Balcony, Hurricane Shutters
  • Roof: Built-Up
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Road Surface Type: Asphalt
  • Water View: Gulf/Ocean - Partial
  • Water Access: Gulf/Ocean
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Waterfront Frontage: 600
  • Water Frontage Feet Gulf Ocean: 600
  • Disclosures: Condominium Disclosure Available, HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Assigned, Guest, Under Building
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Electricity Available, Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Pool, Special Community Restrictions, Waterfront
  • Association Fee: 581.78
  • Association Fee Frequency: Monthly
  • Association Name: Beach Palms Condo Assoc./Deb Gammon
  • Association: Yes
  • Senior Community: No
  • Association Email: mmse13@comcast.net
  • Condo Land Included Y N: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 6981.36
  • Monthly HOA Fee: 581.78
  • Total Monthly Fees: 581.78

Lot Info

  • Parcel Number: 30-30-15-05885-000-4020
  • Additional Parcels: No
  • Flood Zone Code: VE

Rental Info

  • Pets Allowed: No
  • Minimum Lease: 1 Week
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: See Rules & Regulations - max 8 people in 3 bedroom unit. Min rental 7 days ( family member usage for less than 7 days is allowed.)

Tax Info

  • Tax Annual Amount: 6991.59
  • Tax Block: 0
  • Tax Book Number: 107-74
  • Tax Lot: 4020

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2021
Closed on
Nov 11, 2021
Sold by
Johnson Michael K and Johnson Susan C
Bought by
Msjohnson Llc
Seller's Agent
Debbie Kleinman
COLDWELL BANKER REALTY
Buyer's Agent
Diane Chisholm
SMITH & ASSOCIATES REAL ESTATE
List Price
$890,000
Sold Price
$860,000
Premium/Discount to List
-$30,000
-3.37%
Current Estimated Value
$995,604

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,604
Avg. Annual Appreciation
3.38%
Original Mortgage
$559,000
Outstanding Balance
$510,131
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$471,213

Purchase Details

Listed on
Jul 22, 2021
Closed on
Sep 16, 2021
Sold by
Fat Kitty Llc
Bought by
Johnson Michael K and Johnson Susan C
Seller's Agent
Debbie Kleinman
COLDWELL BANKER REALTY
Buyer's Agent
Diane Chisholm
SMITH & ASSOCIATES REAL ESTATE
List Price
$890,000
Sold Price
$860,000
Premium/Discount to List
-$30,000
-3.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$559,000
Outstanding Balance
$510,131
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$471,213

Purchase Details

Closed on
Dec 18, 2013
Sold by
Fearon Dennis James and Tyner Grace Nell
Bought by
Fat Kitty Llc

Purchase Details

Closed on
Sep 6, 2013
Sold by
Keegan Robert L and Keegan Kathryn A
Bought by
Fearon Dennis James and Tyner Grace Nell

Purchase Details

Closed on
Dec 21, 2004
Sold by
Swords Dirk
Bought by
Keegan Robert L

Purchase Details

Closed on
Mar 1, 2004
Sold by
Trukowski Stanley S and Trukowski Joan
Bought by
Swords Dirk and Keegan Robert L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 19, 2001
Sold by
Odonoghue Sean A and Odonoghue Niamh
Bought by
Whitt Malgum and Whitt Sheila

Purchase Details

Closed on
Dec 4, 1998
Sold by
Rosati Patrick and Rosati Franca
Bought by
O'Donoghue Sean A and O'Donoghue Niamh
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
Msjohnson Llc -- Accommodation
Johnson Michael K $860,000 Fidelity Natl Ttl Of Fl Inc
Fat Kitty Llc -- Attorney
Fearon Dennis James $460,000 Acr Title Group Lllp
Keegan Robert L $145,000 --
Swords Dirk $390,000 American National Title Serv
Whitt Malgum $315,000 --
O'Donoghue Sean A $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Michael K $559,000
Previous Owner Swords Dirk $290,000
Previous Owner Trukowski Stanley S $296,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2021 09/16/21 Sold $860,000 -3.4% $625 / Sq Ft
08/02/2021 08/02/21 Pending -- -- --
07/22/2021 07/22/21 For Sale $890,000 -- $647 / 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 $11,072 $747,838 -- $747,838
2023 $11,072 $672,400 $0 $672,400
2022 $11,195 $704,638 $0 $704,638
2021 $7,732 $472,805 $0 $0
2020 $6,992 $401,871 $0 $0
2019 $7,572 $432,608 $0 $432,608
2018 $7,255 $417,217 $0 $0
2017 $6,716 $376,901 $0 $0
2016 $6,640 $367,877 $0 $0
2015 $6,187 $331,365 $0 $0
2014 $6,250 $333,226 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: U8130586

Stellar MLS

APN: 30-30-15-05885-000-4020