$1,300,000
SOLD AUG 25, 2021
-- Bed
-- Bath
3,240 Sq Ft
0.44 Acres

Recently Sold

$401 Per Sq Ft

4% Below List Price

216 Days on Market

Highlights

  • On Golf Course
  • The property is located in a historic district
  • Corner Lot
  • St. Petersburg High School Rated A
  • Open Floorplan
  • L-Shaped Dining Room

About This Home

As of August 2021

Truly the finest lot on the most prestigious golf and social club in thriving St Petersburg, The Vinoy Club, is now available. At nearly ½ acre and featuring nearly 200 Feet of golf course frontage, planning your dream home is now possible. Watch the sun rise over the classic landmark club with its distinctive architecture just beyond the 9th Green or enjoy the sunset to the west towards the 9th Tee. Take a delightful walk to the club for lunch, dinner or cocktail, and enjoy the pool or driving range. Personal golf carts welcome, but club carts only on the course. The views from your dream home would include two lakes with fountain, 4 holes, the club and driving range: a long panoramic view! As an investment, there are 3 income units currently producing approximately $2000 per unit. The units are in very good condition and have well-established, long term tenants in residence. Higher rents are definitely in range for 2/2’s in this Snell Isle neighborhood. The Seller has consulted with a local/national architecture firm regarding the division of the property for 3 saleable residences. Initial indications provide this development track would be feasible. Further exploration of city codes and permits would be required, but current usage for the property is for 3 Units. The existing 3 residences, each have 2 Bed/2 Bath, living, dining, and carport with storage unit. Block construction, terrazzo floors, fenced backyard with views of the golf course. Update the units and increase your cash flow. Raze the rental units and build 3 amazing residences for sale. –OR— Build your personal Dream Home. This land is privately situated in a corner of Snell Isle, adjacent to the Vinoy Club golf course with almost no neighbors. It’s truly an amazing find!

Last Agent to Sell the Property

David Vann

RE/MAX METRO License #3208805 Listed on: 01/22/2021

RE/MAX METRO

Last Buyer's Agent

Philip Rizzo

RIZZO & ASSOCIATES INC License #520745

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,971

Year Built

  • Built in 1955

Lot Details

  • 0.44 Acre Lot
  • On Golf Course
  • Street terminates at a dead end
  • Fenced
  • Corner Lot
  • Irregular Lot

Home Design

  • Triplex
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • Walk-In Closet
  • 3,240 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Window Treatments
  • L-Shaped Dining Room
  • Storage Room
  • Terrazzo Flooring
  • Golf Course Views
  • Fire and Smoke Detector

Kitchen

  • Range
  • Recirculated Exhaust Fan
  • Dishwasher
  • Disposal

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 3 Carport Spaces
  • Driveway
  • On-Street Parking
  • Assigned Parking

Outdoor Features

  • Enclosed patio or porch
  • Exterior Lighting

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required
  • The property is located in a historic district
  • City Lot

Utilities

  • Central Air
  • Heating Available
  • Thermostat
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Accessible Approach with Ramp
  • Reclaimed Water Irrigation System

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • 3,518 Sq Ft Building
  • Snell Isle Shores Subdivision

Pet Policy

  • Pets up to 60 lbs
  • 2 Pets Allowed
  • Breed Restrictions

Building Details

  • Gross Income $66,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,971

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 3240
  • Lot Size Acres: 0.44
  • New Construction: No
  • Year Built: 1955
  • Accessibility Features: Accessible Approach with Ramp
  • Building Area Total: 3518
  • Lease Term: 12 Months
  • Lot Size Sq Ft: 19301
  • Tenant Pays: Electricity, Sewer, Water
  • Directions to Property: Take 22nd Ave to Coffee Pot Blvd NE and turn right. Take the next left and cross Snell Isle Bridge. In less than a mile, and in front of Snell Isle Park, turn left on Palmera Blvd NE. Property is straight ahead and on the right when you turn onto Mateo Way NE
  • Status: Sold
  • Street Post Direction: NE
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8110782?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8110782?w=Customer
  • Unit Count: 1
  • Number Of Pets: 2
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.96296
  • Price per Sq Ft: 401.23
  • Close to Original List Price Ratio: 0.96296
  • Ratio: Current Price\Building Area Total: 369.53
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Terrazzo
  • Interior Amenities: Ceiling Fans(s), L Dining, Living Room/Dining Room Combo, Open Floorplan, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Street Number Modifier: 302
  • Additional Rooms: Storage Rooms
  • Number Of Buildings: 2

Exterior Features

  • Other Structures: Other
  • Exterior Features: Fenced, Irrigation System, Lighting, Sidewalk
  • Roof: Shingle
  • Pool Private: No
  • Road Frontage Type: Street Dead-End
  • View: Golf Course
  • Waterfront: No
  • Patio and Porch Features: Covered, Enclosed, Rear Porch, Screened
  • Road Surface Type: Paved, Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12103C0236G
  • Disclosures: Lead Paint

Garage/Parking

  • Carport Spaces: 3
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Assigned, Covered, Curb Parking, Driveway, On Street
  • Covered Parking Spaces: 3
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Sprinkler Recycled, Water Connected
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Inside, Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association Approval Required YN: No

Lot Info

  • Zoning: NS-1
  • Parcel Number: 08-31-17-83664-001-0100
  • Additional Parcels: No
  • Lot Features: Corner Lot, Flood Insurance Required, FloodZone, Historic District, City Lot, In County, Irregular Lot, On Golf Course
  • Flood Zone Code: AE
  • Flood Zone Date: 2003-09-03

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Breed Restrictions, Number Limit, Yes
  • Total Actual Rent: 5500
  • Pet Size: Medium (36-60 Lbs.)
  • Max Pet Weight: 60
  • Minimum Lease: 1-2 Years
  • Pet Restrictions: Pet Restrictions have been set by the seller/owner

Multi Family

  • Gross Income: 66000
  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 12970.74
  • Tax Block: 1
  • Tax Book Number: 25-31
  • Tax Lot: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2021
Closed on
Aug 25, 2021
Sold by
Kenrick James C and Kenrick Jody L
Bought by
Simon Dana H and Simon Teresa A
Seller's Agent
David Vann
RE/MAX METRO
Buyer's Agent
Philip Rizzo
RIZZO & ASSOCIATES INC
List Price
$1,350,000
Sold Price
$1,300,000
Premium/Discount to List
-$50,000
-3.7%
Total Days on Market
216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.67%

Purchase Details

Closed on
Nov 14, 2000
Sold by
Comer Donald E and Comer June S
Bought by
Kenrick James C and Kenrick Judy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,600
Interest Rate
7.93%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 25, 2000
Sold by
Pr Diane G Crocker
Bought by
Comer Donald E and Comer June S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,600
Interest Rate
7.93%
Mortgage Type
Commercial
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,300,000 Fidelity Natl Ttl Of Fl Inc
Warranty Deed $227,500 --
Deed $50,000 --
Deed $50,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $330,000 Commercial
Previous Owner $234,500 Commercial
Previous Owner $170,600 Commercial
Previous Owner $50,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2025 05/12/25 Price Changed $1,050,000 -16.0% --
12/30/2024 12/30/24 Price Changed $1,250,000 -10.7% --
11/15/2024 11/15/24 For Sale $1,399,999 +7.7% --
08/25/2021 08/25/21 Sold $1,300,000 -3.7% $401 / Sq Ft
07/20/2021 07/20/21 Pending -- -- --
07/01/2021 07/01/21 For Sale $1,350,000 0.0% $417 / Sq Ft
06/02/2021 06/02/21 Pending -- -- --
01/31/2021 01/31/21 For Sale $1,350,000 0.0% $417 / Sq Ft
01/28/2021 01/28/21 Pending -- -- --
12/16/2020 12/16/20 For Sale $1,350,000 -- $417 / 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 $18,552 $1,045,535 $1,045,535 --
2023 $18,552 $934,183 $934,183 $0
2022 $22,035 $1,100,000 $926,867 $173,133
2021 $13,945 $939,000 $0 $0
2020 $12,971 $865,436 $0 $0
2019 $11,004 $647,508 $494,503 $153,005
2018 $10,007 $575,687 $0 $0
2017 $9,075 $498,207 $0 $0
2016 $8,218 $429,483 $0 $0
2015 $7,626 $387,208 $0 $0
2014 $7,042 $362,164 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: U8110782

Stellar MLS

APN: 08-31-17-83664-001-0100