NOT LISTED FOR SALE

301 E Madeira Ave Madeira Beach, FL 33708

Estimated Value: $500,000 - $696,000

2 Beds
1 Bath
1,198 Sq Ft
$506/Sq Ft Est. Value

Last Sold June 22, 2020

Last sale price $389,900 $325 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $3,961/month

6 Days on Market

Highlights

  • 90 Feet of Waterfront
  • White Water Ocean Views
  • Access to Bay or Harbor
  • Orange Grove Elementary School Rated A
  • Dock made with wood
  • Wood Flooring

About This Home

As of June 2020

A true Bayfront "Diamond in the Rough", here - priced really at LAND VALUE - it's like getting a FREE HOUSE! Priced below a recent appraisal; this home comes complete with some really COOL LOCAL HISTORY, at no additional charge (please read on)!! Mid-Century BLOCK (Bungalow Style) Bayfront home on a raised foundation...45' of water-frontage...pleasant Bay views...roof seems to be in good shape...Carpeting covers wood floors - elec panel is newer - GREAT LOCATION on Madeira Beach - a VERY "walkable" address, one block off of Gulf Blvd, and an EZ walk to the "Sugar Sands" of MADEIRA BEACH; also steps to Madeira's new Town Center redevelopment, US Post Office, City Hall, Grocery Store, Public Library, CVS Pharmacy and MUCH more! By BOAT it is on protected water and has very quick access to the Intra-Coastal Waterway... This home was built by John "Jack" Redington, a local builder and later fisheman who was one of Charles Redington's sons (Charles was one of the "Pioneers" of The Gulf Beaches and was the man who built the Tides Motel and for whom The Redington Towns are all named!) "Jack" Redington was an active builder locally in the 1950's and 1960's and built this home for his family in 1954 and lived there until he sadly passed in Dec of 2019 at the age of 93! a VERY nice "History-Bonus" for the lucky new owner who has the vision and will put in the central a/c system this home needs,"beef up" it's dock and give it some additional updating, to make it more of a Mid Century MODERN Bungalow, complete with some Local History! Heirs are offering it in it's "as is" condition.

Last Agent to Sell the Property

Don Taylor

SMITH & ASSOCIATES REAL ESTATE License #301755 Listed on: 05/30/2020

SMITH & ASSOCIATES REAL ESTATE

Last Buyer's Agent

David McCollum

REALTY EXPERTS License #3094254

REALTY EXPERTS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,652

Year Built

  • Built in 1954

Lot Details

  • 4,500 Sq Ft Lot
  • Lot Dimensions are 45x100
  • 90 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • Property fronts a saltwater canal
  • West Facing Home

Property Views

  • White Water Ocean
  • Canal

Home Design

  • Bungalow
  • Fixer Upper
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,198 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Crawl Space

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Access to Bay or Harbor
  • Access to Saltwater Canal
  • Seawall
  • Dock made with wood

Utilities

  • No Cooling
  • No Heating

Community Details

  • No Home Owners Association
  • North Madeira Shores Subdivision
  • Rental Restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,652

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: Yes
  • Living Area: 1198
  • Lot Size Acres: 0.1
  • New Construction: No
  • Year Built: 1954
  • Lot Size Sq Ft: 4500
  • Directions to Property: E Madeira Ave. is one block EAST of Gulf Blvd and interesects at the SOUTH side of 150th Ave...SO, turn LEFT if westbound on 150th Ave, 1- block before you hit Gulf Blvd, OR if "leaving the beach" (heading east bound), turn RIGHT just after getting onto 150th Ave....
  • Status: Sold
  • Street Direction: E
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8085998?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8085998?w=Customer
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 325.46
  • Close to Original List Price Ratio: 1
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Carpet, Hardwood
  • Full Bathrooms: 1
  • Interior Amenities: Other
  • Appliances Included: None
  • Foundation Details: Crawlspace
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: No
  • Stories: 1
  • Street Number Modifier: 301
  • Room Count: 4
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Exterior Features: Other
  • Roof: Other
  • Pool Private: No
  • Water Body Name: Boca Ciega Bay
  • Waterfront: Yes
  • Water View: Bay/Harbor - Full, Canal
  • Water Access: Bay/Harbor, Canal - Saltwater
  • Water Extras: Dock - Wood, Seawall - Concrete
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Waterfront Frontage: 90
  • Water Frontage Feet Bay Harbor: 45
  • Water Frontage Feet Canal Salt: 45

Garage/Parking

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

Utilities

  • Utilities: Electricity Available, Other
  • Cooling: None
  • Heating: None
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: No

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Lot Info

  • Parcel Number: 09-31-15-60858-000-0390
  • Additional Parcels: No
  • Lot Dimensions: 45x100
  • Flood Zone Code: AE
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Check with City of Mad Beach - this shows an R-2 zoning - this is NOT suitable for short-term, airbnd-type rentals

Tax Info

  • Tax Annual Amount: 1652.37
  • Tax Block: 000
  • Tax Book Number: 23-68
  • Tax Lot: 39

Multi Family

  • Waterfront Features: Bay/Harbor, Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2020
Closed on
Jun 22, 2020
Sold by
Redington Edward C
Bought by
Houser Jeff
Seller's Agent
Don Taylor
SMITH & ASSOCIATES REAL ESTATE
Buyer's Agent
David McCollum
REALTY EXPERTS
List Price
$389,900
Sold Price
$389,900
Current Estimated Value
$605,903

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,003
Avg. Annual Appreciation
9.39%
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
Houser Jeff -- Attorney
Redington John W $389,900 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2020 06/22/20 Sold $389,900 0.0% $325 / Sq Ft
06/04/2020 06/04/20 Pending -- -- --
05/29/2020 05/29/20 For Sale $389,900 -- $325 / 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 $7,915 $624,278 $505,648 $118,630
2023 $7,915 $516,641 $413,546 $103,095
2022 $7,459 $505,330 $435,668 $69,662
2021 $6,721 $392,644 $0 $0
2020 $6,083 $349,959 $0 $0
2019 $1,652 $134,763 $0 $0
2018 $1,580 $132,250 $0 $0
2017 $1,564 $129,530 $0 $0
2016 $1,549 $126,866 $0 $0
2015 $1,578 $125,984 $0 $0
2014 $1,553 $124,984 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: U8085998

Stellar MLS

APN: 09-31-15-60858-000-0390