NOT LISTED FOR SALE

279 104th Ave Treasure Island, FL 33706

Estimated Value: $3,024,595

-- Bed
2 Baths
4,732 Sq Ft
$639/Sq Ft Est. Value

Last Sold November 30, 2021

Last sale price $2,950,000 $623 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $18,951/month

122 Days on Market

Highlights

  • 75 Feet of Waterfront
  • Access To Intracoastal Waterway
  • Boat Slip Deeded
  • Boca Ciega High School Rated A-
  • Dock made with wood
  • 4-minute walk to Treasure Island Community Center Park

About This Home

As of November 2021

PROFORMA ESTIMATED 10 CAP RATE - WATERFRONT, LICENSED HOTEL ON TREASURE ISLAND. ENJOY THIS TROPICALLY LANDSCAPED OASIS ON THE INTRACOASTAL WATERWAYS WITH 9 SEPARATELY DEEDED UNITS OF ALL SIZES. GUESTS WILL ENJOY THE PROXIMITY TO THE BEACH, RESTAURANTS AND PUBLIX. THIS PROPERTY IS ZONED FOR DAILY RENTALS AND CAN ACCOMMODATE GROUPS OF ALL SIZES WITH A POOL HOME THAT CAN SLEEP 8 AND AN ADDITIONAL 8 UNITS THAT CAN SLEEP 3-5. ALL UNITS ARE FURNISHED AND OFFER KITCHENS, PRIVATE DOCK OFFERS 2 BOAT SLIPS AND ROOM FOR FISHING.

Last Agent to Sell the Property

Evan Pedone

ENGEL & VOLKERS MADEIRA BEACH License #3370730 Listed on: 05/06/2021

ENGEL & VOLKERS MADEIRA BEACH

Co-Listed By

Ashley Pedone

ENGEL & VOLKERS MADEIRA BEACH License #3462455

Last Buyer's Agent

Sue Sebeniecher

DALTON WADE INC License #3159766

DALTON WADE INC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,990

Year Built

  • Built in 1962

Lot Details

  • 0.3 Acre Lot
  • 75 Feet of Waterfront
  • Property fronts an intracoastal waterway
  • Additional Parcels

Parking

  • Assigned Parking

Property Views

  • Intracoastal
  • Garden
  • Pool

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 4,732 Sq Ft Home
  • Furnished
  • Sliding Doors
  • Inside Utility
  • Ceramic Tile Flooring

Kitchen

  • Range
  • Microwave

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Pool Deck

Outdoor Features

  • Access To Intracoastal Waterway
  • Sailboat Water Access
  • Seawall
  • No Wake Zone
  • Boat Slip Deeded
  • Dock made with wood
  • Deck
  • Rear Porch

Location

  • Flood Zone Lot
  • Property is near public transit

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 9 Units
  • 5,408 Sq Ft Building
  • Whispers Resort Condos
  • Treasure Island City Of Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Gross Income $400,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,990

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 4732
  • Lot Size Acres: 0.3
  • New Construction: No
  • Year Built: 1962
  • Building Area Total: 5408
  • Lot Size Sq Ft: 12819
  • Number Of Lots: 8
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8122344?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8122344?w=Customer
  • Unit Count: 4
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 623.42
  • Close to Original List Price Ratio: 1
  • Ratio: Current Price\Building Area Total: 545.49
  • View: Yes
  • Co List Office Mls Id: 283504628
  • Co List Office Phone: 727-394-7365
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Appliances Included: Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Additional Rooms: Inside Utility
  • Number Of Buildings: 3

Exterior Features

  • Pool Features: Deck, In Ground
  • Exterior Features: Sliding Doors
  • Roof: Shingle
  • Pool Private: Yes
  • View: Garden, Pool, Water
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Rear Porch
  • Road Surface Type: Paved, Asphalt
  • Water View: Intracoastal Waterway
  • Water Access: Intracoastal Waterway
  • Water Extras: Dock - Slip Deeded On-Site, Dock - Wood, Dock w/Electric, No Wake Zone, Sailboat Water, Seawall - Concrete
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Waterfront Frontage: 75
  • Water Frontage Feet I C W: 75

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Other
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Complex Community Name NCCB: WHISPERS RESORT
  • Association Approval Required YN: No

Lot Info

  • Parcel Number: 23-31-15-91818-001-0210
  • Additional Parcels: Yes
  • Lot Features: FloodZone, Near Public Transit
  • Flood Zone Code: AE

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Num Timesper Year: 365
  • Lease Restrictions Y N: No
  • Additional Lease Restrictions: Licensed Hotel, No Lease Restrictions

Multi Family

  • Gross Income: 400000
  • Number Of Units Total: 9
  • Waterfront Features: Intracoastal Waterway

Tax Info

  • Tax Annual Amount: 4990
  • Tax Block: 1
  • Tax Book Number: 31-19
  • Tax Lot: 21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2021
Closed on
Nov 30, 2021
Sold by
Rand & London Llc
Bought by
Ark-Ten Llc
Seller's Agent
Evan Pedone
ENGEL & VOLKERS MADEIRA BEACH
Buyer's Agent
Sue Sebeniecher
DALTON WADE INC
List Price
$2,950,000
Sold Price
$2,950,000
Current Estimated Value
$3,024,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,595
Avg. Annual Appreciation
0.64%
Original Mortgage
$1,537,000
Outstanding Balance
$1,296,960
Interest Rate
2.42%
Estimated Equity
$1,727,635

Purchase Details

Closed on
Apr 21, 2006
Sold by
Rand & London Llc
Bought by
Solomon Jeffrey M and Collard Julia N

Purchase Details

Closed on
Apr 17, 2006
Sold by
Rand & London Llc
Bought by
Solomon Jeffrey M and Collard Julia N

Purchase Details

Closed on
Sep 5, 2000
Sold by
Katzel Herman W and Katzel Gail L
Bought by
Rand

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
8.24%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 18, 1995
Sold by
Dyke Esther A Van
Bought by
Katzel Herman W and Katzel Gail L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.57%
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
Ark-Ten Llc $100 Title Agency
Ark Ten Llc $2,950,000 Title Agency Of Florida
Solomon Jeffrey M -- None Available
Solomon Jeffrey M -- None Available
Rand $775,000 --
Katzel Herman W $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ark Ten Llc $1,537,000
Closed Ark-Ten Llc $1,537,000
Previous Owner Katzel Herman W $490,000
Previous Owner Katzel Herman W $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2021 11/30/21 Sold $2,950,000 0.0% $623 / Sq Ft
09/04/2021 09/04/21 Pending -- -- --
06/09/2021 06/09/21 For Sale $2,950,000 0.0% $623 / Sq Ft
05/18/2021 05/18/21 Pending -- -- --
05/05/2021 05/05/21 For Sale $2,950,000 -- $623 / 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 $37,433 $2,400,000 $1,664,354 $735,646
2023 $37,433 $2,275,000 $1,603,133 $671,867
2022 $36,882 $2,225,823 $1,738,490 $487,333
2021 $5,838 $372,208 $0 $0
2020 $1,629 $285,220 $0 $0
2019 $4,801 $271,976 $142,787 $129,189
2018 $4,359 $246,999 $0 $0
2017 $5,942 $332,919 $0 $0
2016 $6,042 $332,829 $0 $0
2015 $6,139 $329,649 $0 $0
2014 $5,093 $311,709 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: U8122344

Stellar MLS

APN: 23-31-15-91818-001-0210