NOT LISTED FOR SALE

24 Avalon St Unit 701 Clearwater Beach, FL 33767

Clearwater Beach Neighborhood

Estimated Value: $916,994

2 Beds
2 Baths
999 Sq Ft
$1,067/mo HOA Fee

Last Sold May 20, 2023

Last sale price $975,000 $976 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $7,193/month

12 Days on Market

Highlights

  • Boat Ramp
  • Fitness Center
  • Heated Infinity Pool
  • Beach Access
  • Intracoastal View
  • 2-minute walk to McKay Park

About This Home

As of May 2023

Is it EVEN POSSIBLE that a condo in a popular brand-new Beach building could be located on one of the top floors with 2 BR, 2 FULL bathrooms, a huge private owner’s closet (so big bunk beds were discussed as a possibility for that space) and yet still be PRICED UNDER ONE MILLION dollars?
What if we now told you that the condo has a garage space & even more impressively has two deeded balconies (nearly 300 total SF between them). These two provide phenomenal views of the Gulf of Mexico, the Beach, as well as the Bay, the heated swimming pool, & even the islands beautiful Park “McKay Playfield”. If only you could imagine owning this along with benefiting from a “zero effort” CASH STREAM rental program located in house with a “best in resort” commission rate of only 20% despite providing 24-hour service!
The owners took a very safe guaranteed program with a “leaseback” earning them $50,000 positive cash flow above all bills (even HOA & property tax) but realized they would have done even better with the more typical 80/20 split due to the 2022 Gross rental income that exceeded expectation by reaching OVER $130,000.
Now imagine those numbers that were produced in 2022 happened during the “rookie inaugural season” for this building! No one can give guarantees, but a reasonable person might project that most resorts receiving rave reviews like the Avalon Club improve after the first full year because they will have a repeat following.
As great an investment as this can be, “best of all” is that your family can use this fabulous condo with no blackout periods & no strict total day limits for your own enjoyment when it is not earning money for you. (Room sizes approximate to be verified by buyer/ condo DOCS attached)
NOTE we learned the "leaseback" constant cash payment each month was an offer only for Pre-construction buyers. Future owners will have the traditional 80/20 split offered for choosing in house management. Luckily this has provided higher revenue for those owners who elected it in the past anyway.

Last Agent to Sell the Property

Becky Ormond

BALOW REALTY License #3190183 Listed on: 03/14/2023

Last Buyer's Agent

Robert Dinan

BETTER HOMES AND GARDENS REAL ESTATE ATCHLEY PROPE License #3278929

BETTER HOMES AND GARDENS REAL ESTATE ATCHLEY PROPE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,733

Year Built

  • Built in 2021

Lot Details

  • East Facing Home
  • Mature Landscaping
  • Level Lot
  • Cleared Lot
  • Landscaped with Trees

HOA Fees

  • $1,067 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Deeded Parking

Property Views

  • Intracoastal
  • Partial Bay or Harbor
  • Park or Greenbelt
  • Pool

Home Design

  • Condo Hotel
  • Contemporary Architecture
  • Elevated Home
  • Slab Foundation
  • Membrane Roofing
  • Concrete Siding
  • Cement Siding

Interior Spaces

  • 999 Sq Ft Home
  • Open Floorplan
  • Furnished
  • High Ceiling
  • Ceiling Fan
  • Drapes & Rods
  • Sliding Doors
  • Family Room Off Kitchen
  • Living Room
  • Storage Room
  • Tile Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Security Lights

Pool

Outdoor Features

  • Beach Access
  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • Property is near a marina
  • Balcony
  • Deck
  • Exterior Lighting
  • Side Porch

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required
  • Property is near public transit

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 701 / 006
  • Assessor Parcel Number 05-29-15-01790-000-0701

Community Details

Overview

  • Association fees include pool, maintenance structure, ground maintenance, 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
  • 8-Story Property

Amenities

  • Restaurant
  • Elevator

Recreation

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

Pet Policy

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

Security

  • High Impact Windows
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,733

Year Built

Built in 2021

Lot Details

0

HOA Fees

$1,067 per month

Parking

1

Listing Details

  • HOA Fee Includes: Pool, Maintenance Structure, Maintenance Grounds, Maintenance, Pool, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condo - Hotel
  • Architectural Style: Contemporary, Elevated
  • Construction Materials: Cement Siding, Concrete
  • Fireplace: No
  • Living Area: 999
  • Lot Size Acres: 0.35
  • New Construction: No
  • Year Built: 2021
  • Building Area Total: 1300
  • Lot Size Sq Ft: 15070
  • Directions to Property: From SR through downtown Clearwater, west on Clearwater Causeway to the roundabout, north on Mandalay Ave, west on Avalon St, garage entrance on right.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow City: Indian Shores
  • Escrow State: FL
  • Escrow Street Name: Gulf Blvd St C
  • Escrow Street Number: 19535
  • Floor Number: 7
  • List Office Head Office Key Nume: 1038159
  • Minimum Lease: No Minimum
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 975.98
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 1
  • Condo Fees Term: Monthly
  • Property Description: Mid Rise
  • Tax Year: 2022
  • Special Features: NewHome

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, Elevator, High Ceilings, Kitchen/Family Room Combo, Open Floorplan, Split Bedroom, Stone Counters, Thermostat, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: No
  • Stories: 8
  • Window Features: Drapes, Impact Glass/Storm Windows
  • Street Number Modifier: 24
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Storage Rooms
  • Living Area Meters: 92.81
  • Room Count: 4

Exterior Features

  • Direction Faces: East
  • Pool Features: Child Safety Fence, Gunite, Heated, In Ground, Infinity, Lighting, Outside Bath Access
  • Exterior Features: Balcony, Lighting, Outdoor Shower, Sliding Doors
  • Roof: Membrane
  • Pool Private: Yes
  • View: Park/Greenbelt, Pool, Water
  • Water Body Name: GULF OF MEXICO
  • Waterfront: No
  • Patio and Porch Features: Deck, Side Porch
  • Road Surface Type: Asphalt
  • Water Access: Beach,Gulf/Ocean,Intracoastal Waterway
  • Water Extras YN: 0
  • Water View: Gulf/Ocean - Partial,Intracoastal Waterway
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2021-08-24
  • Flood Zone Panel: 12103C0102H
  • Additional Water Information: No street to cross for beach access, only a small 2 row parking lot between the condo building and the beach.

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Deeded

Utilities

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

Condo/Co-op/Association

  • Community Features: Fitness Center, Park, Playground, Pool, Boat Ramp, Restaurant, Sidewalks
  • 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, Security Lights, Security System, Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Pet Restrictions: 2 pets with max weight 30lbs
  • Association Fee Requirement: None
  • Building Name Number: THE AVALON CLUB
  • Condo Fees: 1067
  • Association Email: ursula@theavalonclubhotel.com
  • Monthly Condo Fee Amount: 1067
  • Pet Size: Small (16-35 Lbs.)
  • Association URL: www.theavalonclubhotel.com
  • Development: The Avalon Club
  • Management: Full Time

Fee Information

  • Total Annual Fees: 12804.00
  • Total Monthly Fees: 1067.00

Lot Info

  • Parcel Number: 05-29-15-01790-000-0701
  • Additional Parcels: No
  • Lot Features: Cleared, Corner Lot, Flood Insurance Required, FloodZone, Landscaped, Level, Near Marina, Near Public Transit, Sidewalk, Paved
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 1400

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Number Limit, Size Limit
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: see attached condo docs
  • Month To Month Or Weekly YN: 1

Tax Info

  • Tax Annual Amount: 11732.61
  • Tax Block: 006
  • Tax Book Number: 164-90
  • Tax Lot: 701

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2023
Closed on
May 18, 2023
Sold by
Avalon Cb Llc
Bought by
Copper Sound Llc
Seller's Agent
Becky Ormond
BALOW REALTY
Buyer's Agent
Robert Dinan
BETTER HOMES AND GARDENS REAL ESTATE ATCHLEY PROPE
List Price
$995,000
Sold Price
$975,000
Premium/Discount to List
-$20,000
-2.01%
Views
32
Current Estimated Value
$916,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$58,006
Avg. Annual Appreciation
-2.52%
Original Mortgage
$731,250
Outstanding Balance
$715,532
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$205,793
Source: Public Records

Range of Values:

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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
Copper Sound Llc $975,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Copper Sound Llc $731,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2023 05/20/23 Sold $975,000 -2.0% $976 / Sq Ft
03/27/2023 03/27/23 Pending -- -- --
03/14/2023 03/14/23 For Sale $995,000 -- $996 / 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 $13,254 $758,927 -- $758,927
2023 $13,254 $737,168 $0 $737,168
2022 $11,733 $605,020 $0 $605,020
2021 $1,679 $84,563 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Becky Ormond

    Seller's Agent in 2023

    Becky Ormond

    BALOW REALTY

    9 in this area

    10 Total Sales

    Section Image
  • Robert Dinan

    Buyer's Agent in 2023

    Robert Dinan

    BETTER HOMES AND GARDENS REAL ESTATE ATCHLEY PROPE

    (941) 993-7455

    2 in this area

    60 Total Sales

    Section Image
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Map

Source: Stellar MLS

MLS Number: U8193674

Stellar MLS

APN: 05-29-15-01790-000-0701

Florida Pinellas County Clearwater Beach 33767 Clearwater Beach

24 Avalon St Unit 701, Clearwater Beach, FL

This home is located at 24 Avalon St Unit 701, Clearwater Beach, FL 33767 since 14 March 2023 and is currently estimated at $916,994, approximately $917 per square foot. This property was built in 2021. 24 Avalon St Unit 701 is a home located in Pinellas County with nearby schools including Sandy Lane Elementary School, Dunedin Highland Middle School, and Clearwater High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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