NOT LISTED FOR SALE

253 Rex Place Unit C Madeira Beach, FL 33708

Estimated Value: $270,000 - $411,000

1 Bed
1 Bath
430 Sq Ft
$330/mo HOA Fee

Last Sold March 02, 2022

Last sale price $395,000 $919 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $2,358/month

5 Days on Market

Highlights

  • Waterfront Community
  • Access to Bay or Harbor
  • Gated Community
  • Orange Grove Elementary School Rated A
  • Fitness Center
  • 2-minute walk to R.O.C. Park

About This Home

As of March 2022

Adorable short term rental unit is being sold completely furnished with a calendar full of future bookings. This one bedroom, one bath condo is a terrific income maker or could be a super fun beach getaway located in the coveted Madeira Beach Yacht Club. 7 Day rental minimum, great vacation location. Newer Kitchen with porcelain tile flooring, raised panel cabinets, Corian counters and stainless steel appliances. Newly updated bathroom with full size stackable washer/dryer. Beachy, fun furnishing throughout with engineered wood flooring in the living room and bedroom. Spacious Florida Room with outdoor private grilling area. Madeira Beach Yacht Club boasts two heated pools, sauna, hot tub, fitness center, game room, and 4 fishing piers with sweeping views of the Intracoastal Waterway. Recent updates include AC in 2021, Water Heater in 2016 Call today to learn more about this great property.

Last Agent to Sell the Property

Tricia Priest

COLDWELL BANKER REALTY License #3216341 Listed on: 01/12/2022

COLDWELL BANKER REALTY

Last Buyer's Agent

Lindsey Wight

COASTAL PROPERTIES GROUP INTER License #3419355

COASTAL PROPERTIES GROUP INTER

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,374

Year Built

  • Built in 1973

Lot Details

  • North Facing Home

HOA Fees

  • $330 Monthly HOA Fees

Parking

  • Electric Vehicle Home Charger

Home Design

  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 430 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Blinds
  • Drapes & Rods
  • Inside Utility

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Engineered Wood
  • Carpet
  • Porcelain Tile

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Access to Bay or Harbor
  • Seawall
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Underground Utilities
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, escrow reserves fund, maintenance structure, ground maintenance, manager, pool maintenance, recreational facilities, security, sewer, trash, water
  • Cindy Association, Phone Number (727) 393-0778
  • Visit Association Website
  • Madeira Beach Yacht Club Condo Subdivision
  • The community has rules related to building or community restrictions
  • Rental Restrictions

Recreation

  • Waterfront Community
  • Recreation Facilities
  • Fitness Center
  • Community Pool

Pet Policy

  • Pets up to 15 lbs
  • 1 Pet Allowed

Additional Features

  • Sauna
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,374

Year Built

Built in 1973

Lot Details

0

HOA Fees

$330 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds, Manager, Pool Maintenance, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 430
  • Lot Size Acres: 9.66
  • New Construction: No
  • Year Built: 1973
  • Building Area Total: 598
  • Lot Size Sq Ft: 420873
  • Directions to Property: From Gulf Blvd, (North of Tom Stuart Causeway) right on Madeira Way, left on Municipal Drive, Right on Rex place.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8148435?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8148435?w=Customer
  • Floor Number: 1
  • Homestead Y N: No
  • Number Of Pets: 1
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1.01542
  • Price per Sq Ft: 918.6
  • Close to Original List Price Ratio: 1.01542
  • Ratio: Current Price\Building Area Total: 660.54
  • View: No
  • Ownership: Condominium
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Engineered Hardwood, Porcelain Tile
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Master Bedroom Main Floor, Open Floorplan, Thermostat, Window Treatments
  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 1
  • Levels: One
  • Stories: 1
  • Window Features: Blinds, Drapes
  • Street Number Modifier: 253
  • Room Count: 4
  • Additional Rooms: Inside Utility

Exterior Features

  • Direction Faces: North
  • Exterior Features: Lighting
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water Access: Bay/Harbor
  • Water Extras: Seawall - Other
  • Water View Y N: No
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12103C0191H
  • Disclosures: Condominium Disclosure Available, Lead Paint

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Electric Vehicle Charging Station(s)
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Public, Sewer Connected, Street Lights, Underground Utilities, Water Connected
  • 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: Fitness, Gated Community, Pool, Special Community Restrictions, Water Access, Waterfront
  • Association Amenities: Fitness Center, Recreation Facilities, Sauna
  • Association Fee: 330
  • Association Fee Frequency: Monthly
  • Association Name: Cindy
  • Phone: 727-393-0778
  • Association: Yes
  • Senior Community: No
  • Association Website: http://www.mbycc.com
  • Association Email: mbycc@outlook.com
  • Condo Land Included Y N: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 3960
  • Monthly HOA Fee: 330
  • Total Monthly Fees: 330

Lot Info

  • Parcel Number: 09-31-15-54190-253-0030
  • Additional Parcels: No
  • Fencing: Other
  • Flood Zone Code: AE
  • Flood Zone Date: 2021-08-24
  • Zoning Compatible Y N: Yes

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes
  • Pet Size: Very Small (Under 15 Lbs.)
  • Max Pet Weight: 15
  • Minimum Lease: 1 Week
  • Num Timesper Year: 52
  • Lease Restrictions Y N: Yes
  • Month To Month Or Weekly Y N: Yes
  • Additional Lease Restrictions: Confirm with the HOA

Tax Info

  • Tax Annual Amount: 2374
  • Tax Block: 253
  • Tax Book Number: 51-26
  • Tax Lot: 0030

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2022
Closed on
Mar 1, 2022
Sold by
Yount Wenckebach Lee
Bought by
King Michelle
Seller's Agent
Tricia Priest
COLDWELL BANKER REALTY
Buyer's Agent
Lindsey Wight
COASTAL PROPERTIES GROUP INTER
List Price
$389,000
Sold Price
$395,000
Premium/Discount to List
$6,000
1.54%
Current Estimated Value
$333,018

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$61,982
Avg. Annual Appreciation
-4.56%
Original Mortgage
$267,750
Outstanding Balance
$251,233
Interest Rate
1.8%
Mortgage Type
New Conventional
Estimated Equity
$81,785

Purchase Details

Listed on
Oct 4, 2021
Closed on
Nov 8, 2021
Sold by
Buzza David Arthur and Buzza Candi
Bought by
Wenckebach Lee Yount
Seller's Agent
Karin Zimmerman
CENTURY 21 RE CHAMPIONS
Buyer's Agent
Tricia Priest
COLDWELL BANKER REALTY
List Price
$375,000
Sold Price
$357,000
Premium/Discount to List
-$18,000
-4.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.58%

Purchase Details

Closed on
Oct 11, 2019
Sold by
Small Amber D and Small Amber
Bought by
Buzza David Arthur and Buzza Candi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,700
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 7, 2013
Closed on
Dec 17, 2013
Sold by
Taylor Gregory A and Taylor Angela
Bought by
Small Amber
Seller's Agent
Jan Adams
LUXURY & BEACH REALTY INC
Buyer's Agent
Carl Gresen
LPT REALTY, LLC
List Price
$114,900
Sold Price
$97,000
Premium/Discount to List
-$17,900
-15.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.98%

Purchase Details

Closed on
Sep 24, 2009
Sold by
Welch Martin K and Cready Sharon W
Bought by
Taylor Gregory A and Taylor Angela L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.11%
Mortgage Type
Commercial

Purchase Details

Closed on
May 9, 2007
Sold by
Welch John E
Bought by
Welch Martin K and Cready Sharon W

Purchase Details

Closed on
Apr 28, 1995
Sold by
Canner William H and Canner Dorothy
Bought by
Welch John E

Purchase Details

Closed on
Jun 1, 1993
Sold by
Troch Mersil and Troch Shirley
Bought by
Canner William H and Canner Dorothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
7.39%
Mortgage Type
Commercial
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
King Michelle $395,000 Title Agency
Wenckebach Lee Yount $357,000 Title Agency Of Florida
Buzza David Arthur $211,000 Fidelity Natl Ttl Of Fl Inc
Small Amber $97,000 Title Exchange
Taylor Gregory A $100,000 Title Consulting Services
Welch Martin K -- Attorney
Welch John E $55,000 --
Canner William H $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open King Michelle $267,750
Previous Owner Buzza David Arthur $147,700
Previous Owner Taylor Gregory A $80,000
Previous Owner Canner William H $44,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/02/2022 03/02/22 Sold $395,000 +1.5% $919 / Sq Ft
01/16/2022 01/16/22 Pending -- -- --
01/11/2022 01/11/22 For Sale $389,000 +9.0% $905 / Sq Ft
11/08/2021 11/08/21 Sold $357,000 +2.0% $830 / Sq Ft View Prior Sale
10/23/2021 10/23/21 Pending -- -- --
10/20/2021 10/20/21 Price Changed $349,900 -6.7% $814 / Sq Ft
10/04/2021 10/04/21 For Sale $375,000 +286.6% $872 / Sq Ft
06/16/2014 06/16/14 Off Market $97,000 -- --
12/27/2013 12/27/13 Sold $97,000 -2.9% $226 / Sq Ft View Prior Sale
10/30/2013 10/30/13 Pending -- -- --
10/21/2013 10/21/13 Price Changed $99,900 -4.8% $232 / Sq Ft
07/22/2013 07/22/13 Price Changed $104,900 -8.7% $244 / Sq Ft
05/07/2013 05/07/13 For Sale $114,900 -- $267 / 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 $3,373 $281,387 -- $281,387
2023 $3,373 $208,990 $0 $208,990
2022 $2,984 $183,534 $0 $183,534
2021 $2,441 $150,311 $0 $0
2020 $2,181 $125,502 $0 $0
2019 $1,815 $109,615 $0 $109,615
2018 $1,634 $102,409 $0 $0
2017 $1,489 $89,538 $0 $0
2016 $1,331 $74,894 $0 $0
2015 $1,289 $71,670 $0 $0
2014 $1,153 $63,725 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: U8148435

Stellar MLS

APN: 09-31-15-54190-253-0030