NOT LISTED FOR SALE

410 Gulf Blvd Unit 7 Indian Rocks Beach, FL 33785

Estimated Value: $471,000 - $577,000

1 Bed
1 Bath
550 Sq Ft
$460/mo HOA Fee

Last Sold June 30, 2022

Last sale price $565,000 $1,027 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $3,754/month

1 Day on Market

Highlights

  • Waterfront Community
  • Water Access
  • Open Floorplan
  • Anona Elementary School Rated A-
  • Public Beach
  • 2-minute walk to Chief Chic-A-Si Park

About This Home

As of June 2022

Another great opportunity to own a beach vacation rental. This one bedroom, one bath condo is nicely remodeled and has the perfect setup for a vacation spot for yourself and the opportunity to bring in rental income. This unit has never been rented by the long-time owner, so there is no rental income sheet; however, the other units in the complex are bringing in a substantial rental income. A bonus to this condo is that it has not been used since the remodel. The beautiful terrazzo flooring is polished to perfection. The Aquasana water filter on the kitchen sink keeps you from having to lug jugs of drinking water. The bathroom was remodeled with a walk-in shower. It is almost turnkey ready with the owner providing a new bed, dining table and chairs, stackable washer/dryer, and portable dishwasher. Just need some living room furniture, and it is ready to go. There is not a direct beach view from this condo, but the beach is just steps away through the complex’s private gate. The complex is only eight units, and this one is in the front of the complex (more privacy). There is shared storage for your beach equipment. After a day at the beach, relax in the condo, play a few games, and then walk to the nearby restaurants. If the kids want to switch it up and go to a water park instead of the beach, you can walk to the Splash Harbour Water Park across the street. This is the ultimate opportunity to own a piece of beach life in a well-managed community. The membrane roof was placed in 2017 and Hardie Board siding in 2018. The monthly condo fee of $460 covers all utilities except electric and internet. Click on the virtual tour and video links and then schedule to see in person. These beach rentals sale very quickly. No smoking allowed anywhere on the complex.

Last Agent to Sell the Property

Julie Sartain

CHARLES RUTENBERG REALTY INC License #3356020 Listed on: 05/14/2022

CHARLES RUTENBERG REALTY INC

Last Buyer's Agent

Kimberly Poulin

REALTY EXPERTS License #3480320

REALTY EXPERTS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,608

Year Built

  • Built in 1957

Lot Details

  • Public Beach
  • End Unit
  • East Facing Home

HOA Fees

  • $460 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Membrane Roofing

Interior Spaces

  • 550 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Partially Furnished
  • Built-In Features
  • Crown Molding
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Terrazzo Flooring

Kitchen

  • Range
  • Dishwasher
  • Stone Countertops

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Dryer
  • Washer

Utilities

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

Additional Features

  • Water Access
  • Flood Zone Lot

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, common area taxes, insurance, maintenance structure, ground maintenance, manager, pest control, sewer, trash, water
  • Professional Condo Concepts / Nikki Mcconnell Association, Phone Number (727) 588-1384
  • Gulf Shores Condo Motel Subdivision
  • The community has rules related to building or community restrictions, deed restrictions
  • Rental Restrictions

Amenities

  • Community Storage Space

Recreation

  • Waterfront Community

Pet Policy

  • Pets up to 25 lbs

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,608

Year Built

Built in 1957

Lot Details

0

HOA Fees

$460 per month

Listing Details

  • HOA Fee Includes: Cable TV, Common Area Taxes, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Other, Wood Frame
  • Fireplace: No
  • Living Area: 550
  • Lot Size Acres: 0.23
  • New Construction: No
  • Year Built: 1957
  • Building Area Total: 550
  • Lot Size Sq Ft: 9813
  • Directions to Property: West on Walsingham Rd to Gulf Blvd. Turn left onto Gulf Blvd. Gulf Shores Condo Motel is the 2nd building on the right (beach side). Light green building that looks like a house. Please park in Space 7. It is the 2nd space from the street. PLEASE DO NOT PARK IN ANY OTHER SPACE. There is also public beach parking on 4th Ave N and 5th Ave N.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8162527?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8162527?w=Customer
  • Floor Number: 1
  • Homestead Y N: No
  • Unit Number Y N: No
  • Property Description: Corner Unit, End Unit
  • Ratio: Close Price\List Price: 1.07619
  • Price per Sq Ft: 1027.27
  • Close to Original List Price Ratio: 1.07619
  • Ratio: Current Price\Building Area Total: 1027.27
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Terrazzo
  • Full Bathrooms: 1
  • Interior Amenities: Built in Features, Ceiling Fans(s), Crown Molding, Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Stone Counters, Thermostat, Window Treatments
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Range, Refrigerator, Washer, Water Filtration System
  • Foundation Details: Slab
  • Total Bedrooms: 1
  • Levels: One
  • Spa Yn: No
  • Stories: 1
  • Window Features: Blinds
  • Street Number Modifier: 410
  • Room Count: 6

Exterior Features

  • Direction Faces: East
  • Exterior Features: Sidewalk
  • Roof: Membrane
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Gravel
  • Water Access: Beach - Public
  • Water View Y N: No
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12103C0113H
  • Additional Water Information: Complex sits directly facing Indian Rocks Beach and the Gulf of Mexico. Private, gated walkway to the beach.
  • Disclosures: Condominium Disclosure Available, Lead Paint, Seller Property Disclosure

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Sidewalk, Special Community Restrictions, Waterfront
  • Association Amenities: Storage
  • Association Fee: 460
  • Association Fee Frequency: Monthly
  • Association Name: Professional Condo Concepts / Nikki McConnell
  • Phone: 727-588-1384
  • Association: Yes
  • Senior Community: No
  • Association Email: office@professionalcondoconcepts.com
  • Condo Land Included Y N: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 5520
  • Monthly HOA Fee: 460
  • Total Monthly Fees: 460

Lot Info

  • Parcel Number: 12-30-14-34490-000-0070
  • Additional Parcels: No
  • Lot Features: FloodZone
  • Flood Zone Code: AE
  • Flood Zone Date: 2021-08-24

Rental Info

  • Furnished: Partially
  • Pets Allowed: Yes
  • Pet Size: Small (16-35 Lbs.)
  • Max Pet Weight: 25
  • Minimum Lease: 1 Week
  • Approval Process: N/A
  • Pet Restrictions: Only condo owners can bring their pets on premises. Renters are not allowed pets.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Short term vacation rental allowed. Each renter does not have to be approved by the association.

Tax Info

  • Tax Annual Amount: 2608
  • Tax Block: 000
  • Tax Book Number: 48-9
  • Tax Lot: 070

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2022
Sold by
Anderson Craig A and Anderson Vera
Bought by
410 Gulf Irb Llc
Current Estimated Value
$531,086

Purchase Details

Listed on
May 14, 2022
Closed on
Jun 30, 2022
Sold by
Todd Gould And Jennifer Barbaro Living T
Bought by
Anderson Craig A and Anderson Vera
Seller's Agent
Julie Sartain
CHARLES RUTENBERG REALTY INC
Buyer's Agent
Kimberly Poulin
REALTY EXPERTS
List Price
$525,000
Sold Price
$565,000
Premium/Discount to List
$40,000
7.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.44%
Original Mortgage
$378,268
Interest Rate
5.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2021
Sold by
Gould Todd
Bought by
Gould Todd and Barbaro Jennifer

Purchase Details

Closed on
Jul 23, 2002
Sold by
Cohen Melvin H Trust C
Bought by
Gould Todd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,125
Interest Rate
6.67%
Mortgage Type
Commercial
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
410 Gulf Irb Llc -- --
Anderson Craig A $565,000 Gulfside Title Services
Gould Todd -- Accommodation
Gould Todd $107,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Anderson Craig A $378,268
Previous Owner Gould Todd $120,350
Previous Owner Gould Todd $105,000
Previous Owner Gould Todd $102,125
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2022 06/30/22 Sold $565,000 +7.6% $1,027 / Sq Ft
05/16/2022 05/16/22 Pending -- -- --
05/14/2022 05/14/22 For Sale $525,000 -- $955 / 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 $4,805 $302,246 -- $302,246
2023 $4,805 $281,480 $0 $281,480
2022 $3,068 $211,357 $0 $211,357
2021 $2,634 $140,379 $0 $0
2020 $2,473 $128,341 $0 $0
2019 $2,337 $121,855 $0 $121,855
2018 $2,153 $122,327 $0 $0
2017 $2,040 $113,618 $0 $0
2016 $1,797 $87,848 $0 $0
2015 $1,750 $82,725 $0 $0
2014 $1,674 $79,270 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: U8162527

Stellar MLS

APN: 12-30-14-34490-000-0070