NOT LISTED FOR SALE

Estimated Value: $1,211,200

3 Beds
2 Baths
1,136 Sq Ft
$1,206/mo HOA Fee

Last Sold March 09, 2023

Last sale price $1,275,000 $1,122 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $9,027/month

1 Day on Market

Highlights

  • 150 Feet of Waterfront
  • Beach Access
  • Heated Infinity Pool
  • Public Boat Ramp
  • Fitness Center
  • 2-minute walk to McKay Park

About This Home

As of March 2023

Unit 408 At the Avalon Beach Club resort is a fabulous upgraded 3 BR 2 full bath unit. (2 large dens function as BR #2 & #3) It lies in the Direct West facing Southern half of this recently built 34-unit 8 story tower. This balcony location is THE most coveted column in the building. The column is shared with the units ending in “08” & “03” (see picture from beach) This location allows awesome direct Beach & Gulf Sunset views 365 D/year from the huge balcony. Onsite management provides 24-hour concierge service & has exceeded all expectation in only the first full year (2022) Despite the owners using the unit for personal fun several weeks in 2022. Unit 408 by September had already topped $150,000 of gross Rental revenue and ~ $100,000 Net for this period (NET after subtracting ALL cleaning, supplies, Credit card %, & the industry low 20% in house commission rate) Best of all this CASH flow was EFFORTLESS for the owners) Unlike other resort hotels there is NO CAP on # of days per year or blackout period on Owner’s use. Garage space included. Upgraded extensively with Quartz, Italian porcelain flooring throughout, State of the art electronics (neo-Qled Samsung TVs up to a massive 85”) & much more. A great feature for owners is a massive PRIVATE Owner’s Storage closet so you never need to pack again for your personal vacation time. Hard to imagine a West facing modern BEACH 3 BR unit that can cover its own costs so well & still be a blast to use. Projected $$ flow estimates are well up for 2023 the Avalon’s sophomore year. Pet friendly. Room sizes are approximate, please verify.

Last Agent to Sell the Property

Becky Ormond

BALOW REALTY License #3190183 Listed on: 02/01/2023

Last Buyer's Agent

Kristin Vincelli

BEACHWISE REAL ESTATE License #3311032

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,785

Year Built

  • Built in 2021

Lot Details

  • 150 Feet of Waterfront
  • Property fronts gulf or ocean
  • West Facing Home
  • Mature Landscaping
  • Cleared Lot
  • Land Lease expires 3/1/23

HOA Fees

  • $1,206 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Side Facing Garage
  • Deeded Parking

Home Design

  • Condo Hotel
  • Contemporary Architecture
  • Slab Foundation
  • Membrane Roofing
  • Built-Up Roof
  • Concrete Siding
  • Cement Siding

Interior Spaces

  • 1,136 Sq Ft Home
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Drapes & Rods
  • Storage Room
  • Porcelain Tile
  • Full Gulf or Ocean Views
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated Infinity Pool
  • Gunite Pool
  • Outdoor Shower
  • Outside Bathroom Access
  • Child Gate Fence
  • Pool Lighting

Outdoor Features

  • Beach Access
  • Water access To Gulf or Ocean
  • Balcony
  • Deck
  • Exterior Lighting

Utilities

  • Central Air
  • Heating Available
  • Vented Exhaust Fan
  • Thermostat
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 408 / 006
  • Assessor Parcel Number 05-29-15-01790-000-0408

Community Details

Overview

  • Association fees include community pool, maintenance structure, ground maintenance, maintenance repairs, manager, pest control, pool maintenance, recreational facilities, sewer, trash, water
  • Ursula Jaramillo Association, Phone Number (800) 636-2080
  • Visit Association Website
  • Mid-Rise Condominium
  • Avalon Club Resort Condo Subdivision
  • On-Site Maintenance
  • Rental Restrictions
  • 8-Story Property

Amenities

  • Restaurant
  • Elevator

Recreation

  • Public Boat Ramp
  • Community Playground
  • Fitness Center
  • Community Pool
  • Park

Pet Policy

  • Pet Size Limit
  • 2 Pets Allowed
  • Breed Restrictions
  • Small pets allowed

Security

  • Card or Code Access
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,785

Year Built

Built in 2021

Lot Details

0

HOA Fees

$1,206 per month

Parking

1

Listing Details

  • HOA Fee Includes: Community Pool, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Pool Maintenance, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condo - Hotel
  • Architectural Style: Contemporary
  • Construction Materials: Cement Siding, Concrete
  • Fireplace: No
  • Living Area: 1136
  • Lot Size Acres: 0.35
  • New Construction: No
  • Year Built: 2021
  • Building Area Total: 1310
  • Lot Size Sq Ft: 15070
  • Directions to Property: From SR 60 through downtown Clearwater, west on Clearwater Causeway to roundabout, north on Mandalay Ave, Left on to Avalon Street. Garage entrace in on the right.
  • Status: Sold
  • Floor Number: 4
  • Homestead Y N: No
  • Number Of Pets: 2
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Property Description: Mid Rise
  • Ratio: Close Price\List Price: 0.98837
  • Price per Sq Ft: 1122.36
  • Close to Original List Price Ratio: 0.98837
  • Ratio: Current Price\Building Area Total: 973.28
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: Owner
  • Tax Year: 2022
  • Special Features: NewHome

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Porcelain Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, Elevator, Master Bedroom Main Floor, Open Floorplan, Split Bedroom, Stone Counters, Thermostat
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 8
  • Window Features: Drapes
  • Street Number Modifier: 24
  • Room Count: 5
  • Additional Rooms: Storage Rooms
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Pool Features: Child Safety Fence, Gunite, Heated, In Ground, Infinity, Lighting, Outside Bath Access
  • Exterior Features: Balcony, Lighting, Outdoor Shower
  • Roof: Built-Up, Membrane
  • Pool Private: Yes
  • View: Water
  • Water Body Name: Gulf Of Mexico
  • Waterfront: Yes
  • Patio and Porch Features: Deck
  • Road Surface Type: Paved
  • Water View: Gulf/Ocean - Full
  • Water Access: Beach, Gulf/Ocean
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12103C0102H
  • Waterfront Frontage: 150
  • Additional Water Information: No street to cross for beach access, only a small 2 row parking lot between condo and the beach.
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Covered, Deeded, Garage Faces Side, Guest
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Sewer Connected, Street Lights, Water Connected
  • Cooling: Central Air
  • Heating: Electric, Exhaust Fans
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Fitness, Park, Playground, Pool, Public Boat Ramp, Restaurant, Sidewalk
  • Association Amenities: Cable TV, Elevator(s), Fitness Center, Maintenance, Pool
  • Association Name: Ursula Jaramillo
  • Phone: 800-636-2080
  • Association: Yes
  • Security: Fire Alarm, Fire Sprinkler System, Key Card Entry, Security System, Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 1206
  • Management: Full Time
  • Condo Fees Term: Monthly
  • Association Website: www.theavalonclubhotel.com
  • Association Email: ursula@theavalonclubhotel.com
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 1206
  • Association Fee Requirement: None
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 14472
  • Total Monthly Fees: 1206

Lot Info

  • Parcel Number: 05-29-15-01790-000-0408
  • Additional Parcels: No
  • Lot Features: Cleared, Level, Sidewalk
  • Property Attached Yn: No
  • Flood Zone Code: AE
  • Flood Zone Date: 2021-08-24
  • Land Lease Expiration Date: 2023-03-01
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Breed Restrictions, Number Limit, Size Limit
  • Pet Size: Small (16-35 Lbs.)
  • Minimum Lease: No Minimum
  • Pet Restrictions: 2 pets with max weight 30lbs
  • Lease Restrictions Y N: Yes
  • Month To Month Or Weekly Y N: Yes
  • Additional Lease Restrictions: see attached condo docs

Tax Info

  • Tax Annual Amount: 11785.05
  • Tax Block: 006
  • Tax Book Number: 164-90
  • Tax Lot: 408

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 14, 2023
Sold by
Hammers Ronald L and Hammers Michelle K
Bought by
24-408 Llc
Current Estimated Value
$1,211,200

Purchase Details

Listed on
Feb 1, 2023
Closed on
Mar 8, 2023
Sold by
Ormond Brian E
Bought by
Hammers Ronald L and Hammers Michelle K
Seller's Agent
Becky Ormond
BALOW REALTY
Buyer's Agent
Kristin Vincelli
BEACHWISE REAL ESTATE
List Price
$1,290,000
Sold Price
$1,275,000
Premium/Discount to List
-$15,000
-1.16%
Views
16

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.86%
Original Mortgage
$956,250
Interest Rate
6.13%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
24-408 Llc -- None Listed On Document
Hammers Ronald L $1,275,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hammers Ronald L $956,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2023 03/09/23 Sold $1,275,000 -1.2% $1,122 / Sq Ft
02/03/2023 02/03/23 Pending -- -- --
02/01/2023 02/01/23 For Sale $1,290,000 -- $1,136 / 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 $13,582 $877,489 -- $877,489
2023 $13,582 $785,757 $0 $785,757
2022 $11,785 $607,724 $0 $607,724
2021 $1,679 $84,563 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: U8189197

Stellar MLS

APN: 05-29-15-01790-000-0408