NOT LISTED FOR SALE

337 Rex Place Unit A Madeira Beach, FL 33708

Estimated Value: $442,000 - $517,000

2 Beds
2 Baths
1,090 Sq Ft
$552/mo HOA Fee

Last Sold September 21, 2020

Last sale price $365,000 $335 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $3,749/month

9 Days on Market

Highlights

  • 800 Feet of Waterfront
  • Boat Dock
  • Fitness Center
  • Orange Grove Elementary School Rated A
  • Access To Intracoastal Waterway
  • Gated Community

About This Home

As of September 2020

Don't miss the opportunity to own this rarely available spacious two bedroom two bath ground floor condo.This condo lives large with two enclosed patios for expanded beach living. Make this completely turn key property your own or use for investment purposes. Its proximity to the beach, grocery stores, restaurants, and more make this a desirable place to live or vacation. The gated community has two heated pools, fitness room, hot tub, and recreation room. Enjoy morning walks along the waterfront of the community and sunset walks on the beach. The city park provides more opportunities to enjoy the outdoors with tennis courts, basketball courts, splash pad and more.

Last Agent to Sell the Property

Amanda Baldwin

COMPASS FLORIDA LLC License #3278652 Listed on: 08/03/2020

COMPASS FLORIDA LLC

Last Buyer's Agent

Jared Lippelgoos

COLDWELL BANKER RESIDENTIAL RE License #3381753

COLDWELL BANKER RESIDENTIAL RE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,443

Year Built

  • Built in 1973

Lot Details

  • 800 Feet of Waterfront
  • Property fronts an intracoastal waterway
  • Property fronts a saltwater canal
  • End Unit
  • Northwest Facing Home
  • Irrigation
  • Condo Land Included

HOA Fees

  • $552 Monthly HOA Fees

Parking

  • Open Parking

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,090 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Furnished
  • Window Treatments
  • Sliding Doors
  • Porcelain Tile
  • Park or Greenbelt Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Access To Intracoastal Waterway
  • Fishing Pier
  • Access to Saltwater Canal
  • Seawall
  • Dock made with concrete
  • Enclosed patio or porch
  • Exterior Lighting
  • Outdoor Grill

Location

  • Flood Insurance May Be Required
  • Property is near public transit
  • City Lot

Utilities

  • Central Air
  • Heat Pump System
  • High Speed Internet

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, pest control, pool maintenance, sewer, trash, water
  • Madeira Beach Yacht Club Association, Phone Number (727) 393-0778
  • Mbycc Condos
  • Madeira Beach Yacht Club Condo Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Boat Dock
  • Fitness Center
  • Community Pool

Pet Policy

  • Pets up to 25 lbs
  • 1 Pet Allowed

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,443

Year Built

Built in 1973

Lot Details

0

HOA Fees

$552 per month

Listing Details

  • HOA Fee Includes: Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Pest Control, Pool Maintenance, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1090
  • Lot Size Acres: 9.66
  • New Construction: No
  • Year Built: 1973
  • Lot Size Sq Ft: 420873
  • Directions to Property: West on Tom Stuart Causeway to Madeira Way. North on Madeira Way to Municipal Drive. East on Municipal Dr to Rex Place. Property will be on the right.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8093025?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8093025?w=Customer
  • Floor Number: 1
  • Homestead Y N: No
  • Number Of Pets: 1
  • Total Acreage: 5 to less than 10
  • Unit Number Y N: No
  • Property Description: Corner Unit, End Unit
  • Ratio: Close Price\List Price: 0.97333
  • Price per Sq Ft: 334.86
  • Close to Original List Price Ratio: 0.97333
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Porcelain Tile
  • Full Bathrooms: 2
  • Interior Amenities: Open Floorplan, Split Bedroom, Stone Counters, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Window Features: Window Treatments
  • Street Number Modifier: 337
  • Room Count: 5

Exterior Features

  • Direction Faces: Northwest
  • Exterior Features: Irrigation System, Lighting, Outdoor Grill, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • View: Park
  • Waterfront: Yes
  • Patio and Porch Features: Enclosed
  • Road Surface Type: Asphalt
  • Water Access: Canal - Saltwater, Intracoastal Waterway
  • Water Extras: Dock - Concrete, Fishing Pier, Seawall - Concrete
  • Water View Y N: No
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Waterfront Frontage: 800
  • Water Frontage Feet I C W: 400
  • Water Frontage Feet Canal Salt: 400

Garage/Parking

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

Utilities

  • Utilities: BB/HS Internet Available, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Heat Pump
  • 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, Deed Restrictions, Fitness, Gated Community, Pool, Water Access, Waterfront
  • Association Amenities: Clubhouse, Boat Dock
  • Association Fee: 552
  • Association Fee Frequency: Monthly
  • Association Name: Madeira Beach Yacht Club
  • Phone: 727.393.0778
  • Association: Yes
  • Security: Gated Community
  • Senior Community: No
  • Association Email: mbyccmbycc@tampabay.rr.com
  • Condo Land Included Y N: Yes
  • Complex Community Name NCCB: MBYCC
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 6624
  • Monthly HOA Fee: 552
  • Total Monthly Fees: 552

Lot Info

  • Parcel Number: 09-31-15-54190-337-0010
  • Additional Parcels: No
  • Lot Features: Flood Insurance Required, City Lot, Near Public Transit
  • Property Attached Yn: Yes
  • Flood Zone Code: AE

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes
  • Pet Size: Small (16-35 Lbs.)
  • Max Pet Weight: 25
  • Minimum Lease: 1 Week
  • Approval Process: Application process to HOA for approval. See Condo Docs for more information.
  • Pet Restrictions: Owners only can have a pet. See condo docs for more details.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: See Condo Docs

Tax Info

  • Tax Annual Amount: 4442.89
  • Tax Block: 000
  • Tax Book Number: 51-26
  • Tax Lot: 0000

Multi Family

  • Waterfront Features: Canal - Saltwater, Intracoastal Waterway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2020
Closed on
Sep 21, 2020
Sold by
Wilson Laurie A
Bought by
Freel Paul E and Freel Cynthial I
Seller's Agent
Amanda Baldwin
COMPASS FLORIDA LLC
Buyer's Agent
Jared Lippelgoos
COLDWELL BANKER RESIDENTIAL RE
List Price
$375,000
Sold Price
$365,000
Premium/Discount to List
-$10,000
-2.67%
Current Estimated Value
$478,002

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,002
Avg. Annual Appreciation
6.28%
Original Mortgage
$265,000
Outstanding Balance
$238,351
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$248,716

Purchase Details

Listed on
Sep 12, 2018
Closed on
Nov 2, 2018
Sold by
Vance Eddie J and Vance Marguerite J
Bought by
Wilson Laurie A
Seller's Agent
Deborah Campbell
SUN BEACH PROPERTIES
Buyer's Agent
Amanda Baldwin
COMPASS FLORIDA LLC
List Price
$304,900
Sold Price
$290,000
Premium/Discount to List
-$14,900
-4.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.94%
Original Mortgage
$210,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 1994
Sold by
Boni Ovid A and Boni Elizabeth N
Bought by
Vance Eddie J and Vance Marguerite J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,900
Interest Rate
8.62%
Mortgage Type
Commercial
Source: Public Records

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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
Freel Paul E $365,000 Fidelity Natl Ttl Of Fl Inc
Wilson Laurie A $290,000 Fidelity National Title Of F
Vance Eddie J $91,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Freel Paul E $265,000
Previous Owner Wilson Laurie A $210,000
Previous Owner Vance Eddie J $81,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2020 09/21/20 Sold $365,000 -2.7% $335 / Sq Ft
08/12/2020 08/12/20 Pending -- -- --
08/03/2020 08/03/20 For Sale $375,000 +29.3% $344 / Sq Ft
11/02/2018 11/02/18 Sold $290,000 -3.0% $266 / Sq Ft
10/05/2018 10/05/18 Pending -- -- --
10/04/2018 10/04/18 Price Changed $299,000 -1.9% $274 / Sq Ft
09/12/2018 09/12/18 For Sale $304,900 -- $280 / 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 $6,406 $413,822 -- $413,822
2023 $6,406 $432,454 $0 $432,454
2022 $5,782 $379,286 $0 $379,286
2021 $5,321 $310,852 $0 $0
2020 $4,463 $256,739 $0 $0
2019 $4,443 $253,127 $0 $253,127
2018 $2,981 $197,684 $0 $0
2017 $2,717 $173,069 $0 $0
2016 $2,542 $160,670 $0 $0
2015 $2,535 $166,354 $0 $0
2014 $1,978 $110,940 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: U8093025

Stellar MLS

APN: 09-31-15-54190-337-0010