NOT LISTED FOR SALE

Beach Palms 18450 Gulf Blvd Unit 508 Indian Shores, FL 33785

Estimated Value: $940,316 - $1,061,000

3 Beds
2 Baths
1,300 Sq Ft
$618/mo HOA Fee

Last Sold December 21, 2020

Last sale price $724,000 $557 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $6,952/month

11 Days on Market

Highlights

  • 800 Feet of Waterfront
  • Public Beach
  • 1.9 Acre Lot
  • Bauder Elementary School Rated A-
  • Intracoastal View
  • Furnished

About This Home

As of December 2020

Spectacular Gulf and Intercoastal water views from this corner 3 bedroom furnished unit in the well desired Beach Palms Condominium complex. Corner units rarely come on the market. 7 DAY WEEKLY RENTAL INVESTMENT PROPERTY with a HIGH DOLLAR RENTAL RETURN. Condo has a rental history and future bookings that can transfer to new owner. The unit has open kitchen/dining/living space and a split bedroom floor plan. The updated kitchen features granite countertops, stainless steel appliances, and breakfast bar. No carpet here, only tile that allow for easy maintenance at the beach. The Master features convenient en-suite bathroom. It also has a beautiful Gulf view and direct access to the balcony. Full sized W/D included in the large utility closet. Large owner’s closet adds a convenient storage option. Community extras include heated saltwater pool with large paver deck overlooking the beach, gas grills, shower, and restroom facilities. This units includes a storage room on the 4th floor and a covered parking spot right in front of the elevator. There is a call button inside unit for elevator. Easy access to restaurants, shopping, Clearwater, St. Petersburg, I-275 and the airports. Do not just vacation in Florida, invest in your own piece of paradise! Be sure to check out the drone & interior video. Get a virtual tour here: https://www.zillow.com/view-3d-home/1cb59f65-faa9-4690-b964-032ef839a9a9?setAttribution=mls&wl=true

Last Agent to Sell the Property

Heather Stotts

RE/MAX COLLECTIVE License #3343513 Listed on: 11/13/2020

RE/MAX COLLECTIVE

Last Buyer's Agent

Greg Mallare

KELLER WILLIAMS REALTY PORTFOLIO COLLECTION License #3393461

KELLER WILLIAMS REALTY PORTFOLIO COLLECTION

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,207

Year Built

  • Built in 1991

Lot Details

  • 800 Feet of Waterfront
  • Public Beach
  • South Facing Home

HOA Fees

  • $618 Monthly HOA Fees

Parking

  • Assigned Parking

Property Views

  • Pool

Home Design

  • Slab Foundation
  • Built-Up Roof
  • Concrete Siding

Interior Spaces

  • 1,300 Sq Ft Home
  • Furnished
  • L-Shaped Dining Room
  • Tile Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Water Access
  • Balcony
  • Patio

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required

Schools

  • Bauder Elementary School
  • Seminole Middle School
  • Seminole High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, escrow reserves fund, ground maintenance, pest control, pool maintenance, sewer, trash, water
  • Deb Gammon Ass. Treasurer Association
  • Beach Palms Condo Subdivision
  • Rental Restrictions
  • Community features wheelchair access
  • 5-Story Property

Amenities

  • Elevator

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,207

Year Built

Built in 1991

Lot Details

0

HOA Fees

$618 per month

Listing Details

  • HOA Fee Includes: Cable TV, Escrow Reserves Fund, Maintenance Grounds, Pest Control, Pool Maintenance, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Concrete
  • Fireplace: No
  • Living Area: 1300
  • Lot Size Acres: 1.9
  • New Construction: No
  • Year Built: 1991
  • Lot Size Sq Ft: 82667
  • Directions to Property: Head North on Gulf Blvd., Home is on the left past Sunset Blvd.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8104630?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8104630?w=Customer
  • Floor Number: 5
  • Homestead Y N: No
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.9797
  • Price per Sq Ft: 556.92
  • Close to Original List Price Ratio: 0.9797
  • View: Yes
  • Ownership: Condominium
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 2
  • Interior Amenities: L Dining, Other
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 5
  • Street Number Modifier: 18450
  • Room Count: 6

Exterior Features

  • Direction Faces: South
  • Exterior Features: Balcony
  • Roof: Built-Up, Other
  • Pool Private: No
  • View: Pool, Water
  • Water Body Name: Gulf Of Mexico - Intercoastal
  • Waterfront: No
  • Patio and Porch Features: Patio
  • Water View: Gulf/Ocean - Full, Intracoastal Waterway
  • Water Access: Beach - Public
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Waterfront Frontage: 800
  • Water Frontage Feet I C W: 400
  • Water Frontage Feet Gulf Ocean: 400
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Pool, Water Access, Wheelchair Access
  • Association Amenities: Elevator(s)
  • Association Fee Frequency: Monthly
  • Association Name: DEB GAMMON ASS. TREASURER
  • Association: Yes
  • Senior Community: No
  • Condo Fees: 618
  • Condo Fees Term: Monthly
  • Association Email: MMSE13@COMCAST.NET
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 618
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 7416
  • Total Monthly Fees: 618

Schools

  • Elementary School: Bauder Elementary-PN
  • High School: Seminole High-PN
  • Middle Or Junior School: Seminole Middle-PN

Lot Info

  • Parcel Number: 30-30-15-05885-000-5080
  • Additional Parcels: No
  • Lot Features: Flood Insurance Required, FloodZone, Sidewalk
  • Flood Zone Code: VE

Rental Info

  • Furnished: Furnished
  • Pets Allowed: No
  • Minimum Lease: 1 Week
  • Approval Process: BUYER TO VERIFY APPROVAL PROCESS WITH THE ASSOCIATION - APPLICATION ATTACHED.
  • Num Timesper Year: 52
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: BUYER TO VERIFY RESTRICTIONS WITH THE ASSOCIATION.

Tax Info

  • Tax Annual Amount: 8206.79
  • Tax Block: 000
  • Tax Book Number: 107-74
  • Tax Lot: 5080

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2020
Closed on
Dec 22, 2020
Sold by
Flip Flops 508 Llc
Bought by
Cozzi Michael A and Cozzi Colleen A
Seller's Agent
Heather Stotts
RE/MAX COLLECTIVE
Buyer's Agent
Greg Mallare
KELLER WILLIAMS REALTY PORTFOLIO COLLECTION
List Price
$739,000
Sold Price
$724,000
Premium/Discount to List
-$15,000
-2.03%
Current Estimated Value
$1,004,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$280,829
Avg. Annual Appreciation
7.24%
Original Mortgage
$506,800
Outstanding Balance
$453,277
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$551,552

Purchase Details

Closed on
Oct 25, 2013
Sold by
Marcum Gina Kay and Marcum Daniel Anthony
Bought by
Flip Flops 508 Llc

Purchase Details

Closed on
Mar 18, 2013
Sold by
Flip Flops 508 Llc
Bought by
Marcum Gina Kay and Marcum Daniel Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,100
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 2012
Sold by
Marcum Daniel A and Marcum Gina K
Bought by
Flip Flops 508 Llc

Purchase Details

Closed on
Dec 22, 2011
Sold by
Madden Michael and Madden Mary
Bought by
Marcum Daniel A and Marcum Gina K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,500
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 1998
Sold by
Bingenheimer Harry C
Bought by
Madden Michael and Madden Mary
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
Cozzi Michael A $724,000 Milestone Title Services Llc
Flip Flops 508 Llc -- None Available
Marcum Gina Kay -- Genesis Title Company
Flip Flops 508 Llc -- None Available
Marcum Daniel A $365,000 Seminole Title Company
Madden Michael $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cozzi Michael A $506,800
Previous Owner Marcum Gina Kay $260,100
Previous Owner Marcum Daniel A $255,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2020 12/21/20 Sold $724,000 -2.0% $557 / Sq Ft
11/24/2020 11/24/20 Pending -- -- --
11/24/2020 11/24/20 For Sale $739,000 0.0% $568 / Sq Ft
11/14/2020 11/14/20 Pending -- -- --
11/13/2020 11/13/20 For Sale $739,000 -- $568 / 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 $10,812 $752,801 -- $752,801
2023 $10,812 $675,982 $0 $675,982
2022 $10,118 $709,426 $0 $709,426
2021 $8,973 $524,591 $0 $0
2020 $7,511 $427,589 $0 $0
2019 $8,207 $464,959 $0 $0
2018 $7,742 $438,884 $0 $0
2017 $7,408 $419,054 $0 $0
2016 $6,970 $392,858 $0 $0
2015 $6,366 $336,060 $0 $0
2014 $6,083 $318,670 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: U8104630

Stellar MLS

APN: 30-30-15-05885-000-5080