NOT LISTED FOR SALE

253 Rex Place Unit F Madeira Beach, FL 33708

Estimated Value: $291,208 - $376,000

1 Bed
1.5 Baths
755 Sq Ft
$390/mo HOA Fee

Last Sold March 20, 2019

Last sale price $195,000 $258 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $2,444/month

161 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Access To Intracoastal Waterway
  • Full Bay or Harbor Views
  • Orange Grove Elementary School Rated A
  • Heated In Ground Pool
  • Gated Community

About This Home

As of March 2019

Nicely appointed two story townhome style condo with peek-a-view of the water and large one bedroom and 1.5 baths in a gated community one block from the beach. Fully furnished with washer and dryer conveniently located inside the condo. Easy access from parking just outside the gate, and directly across the street from the ROC Park which includes tennis courts, basketball courts, baseball fields, and walkable waterfront paths. The complex allows weekly rentals, as well as year-round living, and has four fishing piers, two pools, clubhouse, workout facility, bike storage, and indoor hot tub. Excellent income potential with great proximity to grocery stores, dollar store, pharmacy, and beach bars/restaurants. Living room has a wood burning fireplace for those cool winter evenings. Bedroom sleeps 4 with huge walk-in closet as a bonus. Separate dining room between kitchen and living room also has a storage closet. With its affordable pricing, you can now live where others vacation!

Last Agent to Sell the Property

Jan Adams

LUXURY & BEACH REALTY INC License #3038750 Listed on: 09/16/2018

LUXURY & BEACH REALTY INC

Last Buyer's Agent

Andrea Straub

REAL ESTATE FIRM OF FLORIDA, LLC License #3073847

REAL ESTATE FIRM OF FLORIDA, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,894

Year Built

  • Built in 1973

Lot Details

  • 100 Feet of Waterfront
  • Property fronts an intracoastal waterway
  • Northwest Facing Home

HOA Fees

  • $390 Monthly HOA Fees

Property Views

  • Full Bay or Harbor
  • Park or Greenbelt
  • Tennis Court

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 755 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Wood Burning Fireplace
  • Drapes & Rods
  • Blinds

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • Guest Parking
  • Open Parking

Pool

  • Heated In Ground Pool
  • Heated Spa
  • Gunite Pool

Outdoor Features

  • Access To Intracoastal Waterway
  • Fishing Pier
  • Seawall
  • Balcony
  • Exterior Lighting

Location

  • Flood Zone Lot

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, manager, pool maintenance, recreational facilities, sewer, trash, water
  • Mid-Rise Condominium
  • Madeira Beach Yacht Club Condo Subdivision
  • Rental Restrictions

Pet Policy

  • Pets up to 15 lbs
  • 1 Pet Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,894

Year Built

Built in 1973

Lot Details

0

HOA Fees

$390 per month

Listing Details

  • HOA Fee Includes: Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pool Maintenance, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Fireplace: Yes
  • Living Area: 755
  • Lot Size Acres: 9.66
  • New Construction: No
  • Year Built: 1973
  • Building Area Total: 755
  • Lot Size Sq Ft: 420873
  • Directions to Property: Tom Stuart Causeway or Gulf Blvd. to Madeira Way. North on Municipal Drive then east to building 253 on Rex Place. Unit F is on the second floor.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=U8017613&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=U8017613&cview=true&show_results=true&customer_portal=true
  • Floor Number: 2
  • Homestead Y N: No
  • Number Of Pets: 1
  • Unit Number Y N: No
  • Property Description: Mid Rise
  • Ratio: Close Price\List Price: 0.975
  • Price per Sq Ft: 258.28
  • Close to Original List Price Ratio: 0.93795
  • Ratio: Current Price\Building Area Total: 258.28
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Walk-In Closet(s)
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 1
  • Levels: Two
  • Spa Features: Heated
  • Spa Yn: Yes
  • Stories: 2
  • Window Features: Blinds, Drapes
  • Street Number Modifier: 253
  • Room Count: 5
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Northwest
  • Pool Features: Gunite, Heated, In Ground
  • Exterior Features: Balcony, Lighting
  • Roof: Shingle
  • Pool Private: Yes
  • View: Park, Tennis Court
  • Water Body Name: Boca Ciega Bay
  • Waterfront: Yes
  • Patio and Porch Features: Other
  • Water View: Bay/Harbor - Partial
  • Water Access: Intracoastal Waterway
  • Water Extras: Fishing Pier, Seawall - Concrete
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12103C0191G
  • Waterfront Frontage: 100
  • Water Frontage Feet I C W: 100
  • Disclosures: Lead Paint, Seller Property Disclosure

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Guest, Open
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, 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: Buyer Approval Required, Gated Community, Water Access, Waterfront
  • Association Fee: 390
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Senior Community: No
  • Condo Land Included Y N: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 4680
  • Monthly HOA Fee: 390
  • Total Monthly Fees: 390

Lot Info

  • Zoning: RES
  • Parcel Number: 09-31-15-54190-253-0060
  • Additional Parcels: No
  • Lot Features: FloodZone
  • Flood Zone Code: AE
  • Flood Zone Date: 2003-09-03
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes
  • Pet Size: Very Small (Under 15 Lbs.)
  • Max Pet Weight: 15
  • Minimum Lease: 1 Week
  • Approval Process: Check with Association
  • Num Timesper Year: 52
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: One pet allowed for owners

Tax Info

  • Tax Annual Amount: 1894
  • Tax Block: 54190
  • Tax Book Number: 51-26
  • Tax Lot: 253

Multi Family

  • Waterfront Features: Intracoastal Waterway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2018
Closed on
Mar 20, 2019
Sold by
Gordana Jarnek Brian and Gordana Jarnek
Bought by
Arboleda Erik P and Sarmiento Monica A
Seller's Agent
Jan Adams
LUXURY & BEACH REALTY INC
Buyer's Agent
Andrea Straub
REAL ESTATE FIRM OF FLORIDA, LLC
List Price
$207,900
Sold Price
$195,000
Premium/Discount to List
-$12,900
-6.2%
Current Estimated Value
$334,302

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,302
Avg. Annual Appreciation
8.50%
Original Mortgage
$156,000
Outstanding Balance
$137,151
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$197,151

Purchase Details

Closed on
Jun 17, 2004
Sold by
Schorr John A and Schorr Patricia
Bought by
Jarmek Brian and Jarmek Gordana

Purchase Details

Closed on
Nov 5, 2002
Sold by
Lamb Lloyd and Lamb Sharon
Bought by
Schorr John A and Schorr C

Purchase Details

Closed on
Aug 7, 2002
Sold by
Lamb Lloyd and Lamb Sharon
Bought by
Schorr John C and Schorr C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
6.53%
Mortgage Type
New Conventional
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
Arboleda Erik P $195,000 Title Agency Of Florida
Jarmek Brian $182,500 Eagle Title & Abstract Corp
Schorr John A $93,500 --
Schorr John C $93,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arboleda Erik P $156,000
Previous Owner Schorr John C $65,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2019 03/20/19 Sold $195,000 -2.5% $258 / Sq Ft
02/24/2019 02/24/19 Pending -- -- --
01/24/2019 01/24/19 Price Changed $199,999 -2.4% $265 / Sq Ft
11/28/2018 11/28/18 Price Changed $205,000 -1.4% $272 / Sq Ft
09/16/2018 09/16/18 For Sale $207,900 -- $275 / 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 $3,617 $269,468 -- $269,468
2023 $3,617 $263,272 $0 $263,272
2022 $3,261 $231,038 $0 $231,038
2021 $2,954 $183,332 $0 $0
2020 $2,628 $151,201 $0 $0
2019 $2,120 $149,998 $0 $149,998
2018 $1,894 $135,935 $0 $0
2017 $1,743 $121,337 $0 $0
2016 $1,570 $103,809 $0 $0
2015 $1,554 $105,154 $0 $0
2014 $1,218 $71,491 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jan Adams

    Seller's Agent in 2019

    Jan Adams

    LUXURY & BEACH REALTY INC

    (727) 418-1861

    2 in this area

    23 Total Sales

    Jan Adams
    Section Image
  • Andrea Straub

    Buyer's Agent in 2019

    Andrea Straub

    RE/MAX

    (727) 215-6690

    33 Total Sales

    Andrea Straub
    Section Image
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Map

Source: Stellar MLS

MLS Number: U8017613

Stellar MLS

APN: 09-31-15-54190-253-0060

Florida Pinellas County Madeira Beach 33708

253 Rex Place Unit F, Madeira Beach, FL

This home is located at 253 Rex Place Unit F, Madeira Beach, FL 33708 since 16 September 2018 and is currently estimated at $334,302, approximately $442 per square foot. This property was built in 1973. 253 Rex Place Unit F is a home located in Pinellas County with nearby schools including Orange Grove Elementary School, Seminole Middle School, and Seminole 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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