NOT LISTED FOR SALE
Studio
10 Baths
5,298 Sq Ft
5,807 Sq Ft Lot Lot

Sale Details

Date Sold: October 15, 2022

Last sale price $3,750,000 $708 Per Sq Ft

20 Days on Market

Highlights

  • Property is near a marina
  • Full Bay or Harbor Views
  • End Unit
  • Dunedin Highland Middle School Rated 9+
  • Property is near public transit
  • Stone Countertops

About This Home

As of October 2022

Don’t miss this rare turn-key vacation rental located in the heart of the nation’s #1 ranked Clearwater Beach. This 10 unit licensed hotel is located in the heart of Clearwater Beach nestled between the Intracoastal Waterway and the Gulf of Mexico. These one-bedroom suites are equipped with all the comforts of home. Each room features a full kitchenette including a full-size refrigerator/freezer with ice maker, 4-burner gas stove, conventional oven, microwave oven, granite countertops, coffee maker, toaster, blender, pots and pans, utensils and dinnerware. Eight suites comfortably sleep 4, one suite sleeps 5 and one sleeps 7. Guests love the 3 minute walk to the beach, Pier 60, marina and a multitude of restaurants and rooftop bars. A common roof deck offers glimpses of the water and an area to relax and enjoy the Gulf breezes. A dedicated office offers business center features and space for on site manager. There is also a downstairs patio features a BBQ grill area and a washer and dryer. Clearwater Beach draws visitors with its famed sugar white sand, Clearwater Marine Aquarium, and large events like the Super Boat National Championship, Sugar Sand Festival and more.

Last Agent to Sell the Property

Evan Pedone

ENGEL & VOLKERS MADEIRA BEACH License #3370730 Listed on: 04/29/2022

ENGEL & VOLKERS MADEIRA BEACH

Co-Listed By

Ashley Pedone

ENGEL & VOLKERS MADEIRA BEACH License #3462455

Last Buyer's Agent

Evan Pedone

ENGEL & VOLKERS MADEIRA BEACH License #3370730 Listed on: 04/29/2022

ENGEL & VOLKERS MADEIRA BEACH

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,193

Year Built

  • Built in 1950

Lot Details

  • 5,807 Sq Ft Lot
  • Lot Dimensions are 50x115
  • End Unit

Home Design

  • Turnkey
  • Slab Foundation
  • Built-Up Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 5,298 Sq Ft Home
  • Window Treatments
  • Den
  • Storage Room
  • Ceramic Tile Flooring
  • Full Bay or Harbor Views

Kitchen

  • Cooktop
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Stone Countertops

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Property is near a marina
  • Balcony
  • Covered Patio or Porch
  • Outdoor Storage
  • Outdoor Grill
  • Rain Gutters

Location

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

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 15 / B
  • Assessor Parcel Number 08-29-15-16434-002-0150

Community Details

Overview

  • No Home Owners Association
  • 6,614 Sq Ft Building
  • Clearwater Beach Park 1St Add Rep Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Gross Income $450,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,193

Year Built

Built in 1950

Lot Details

5,807 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 5298
  • Lot Size Acres: 0.13
  • New Construction: No
  • Year Built: 1950
  • Building Area Total: 6614
  • Lot Size Sq Ft: 5807
  • Status: Sold
  • Street Direction: E
  • Unit Count: 1
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Property Description: Corner Unit
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 707.81
  • Close to Original List Price Ratio: 1
  • Ratio: Current Price\Building Area Total: 566.98
  • View: Yes
  • Co List Office Mls Id: 283504628
  • Co List Office Phone: 727-394-7365
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Interior Amenities: Stone Counters, Window Treatments
  • Appliances Included: Cooktop, Dishwasher, Dryer, Freezer, Ice Maker, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Additional Rooms: Den/Library/Office, Storage Rooms
  • Number Of Buildings: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Balcony, Outdoor Grill, Outdoor Shower, Rain Gutters, Sidewalk, Storage
  • Roof: Built-Up
  • Pool Private: No
  • View: Water
  • Waterfront: No
  • Patio and Porch Features: Covered, Patio
  • Road Surface Type: Paved, Asphalt
  • Water View: Bay/Harbor - Partial
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Public, Sewer Connected, Street Lights, Water Connected
  • Cooling: Wall/Window Unit(s)
  • Heating: Electric, Wall Units / Window Unit
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

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

Lot Info

  • Zoning: 3913
  • Parcel Number: 08-29-15-16434-002-0150
  • Additional Parcels: No
  • Lot Features: Flood Insurance Required, FloodZone, City Lot, Near Marina, Near Public Transit, Sidewalk
  • Lot Dimensions: 50x115
  • Flood Zone Code: AE
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Turnkey
  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Num Timesper Year: 365
  • Lease Restrictions Y N: No
  • Additional Lease Restrictions: Licensed 10 unit motel. Zoned motel less than 49 units.

Multi Family

  • Gross Income: 450000
  • Number Of Units Total: 10

Tax Info

  • Tax Annual Amount: 12192.96
  • Tax Block: B
  • Tax Book Number: 21-21
  • Tax Lot: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2022
Closed on
Oct 13, 2022
Sold by
East Shore Land Development Llc
Bought by
Hillside 443 Llc
Seller's Agent
Evan Pedone
ENGEL & VOLKERS MADEIRA BEACH
Buyer's Agent
Evan Pedone
ENGEL & VOLKERS MADEIRA BEACH
List Price
$3,750,000
Sold Price
$3,750,000
Views
10

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,100,000
Outstanding Balance
$2,975,353
Interest Rate
6.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2016
Sold by
Parker John
Bought by
East Shore Land Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
3.66%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 20, 2005
Sold by
Pimenidis John H and Pimenidis Christina
Bought by
Director Susan and Evors Edward
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
Hillside 443 Llc $1,840,000 Fidelity National Title
East Shore Land Development Llc $232,800 None Available
Director Susan $1,360,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hillside 443 Llc $3,100,000
Previous Owner East Shore Land Development Llc $700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2022 10/15/22 Sold $3,750,000 0.0% $708 / Sq Ft
05/20/2022 05/20/22 Pending -- -- --
04/29/2022 04/29/22 For Sale $3,750,000 -- $708 / Sq Ft
Source: Stellar MLS

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
2025 $30,791 $1,365,000 $795,673 $569,327
2024 $29,685 $1,625,000 $1,036,160 $588,840
2023 $29,685 $1,540,000 $927,654 $612,346
2022 $12,799 $660,000 $408,738 $251,262
2021 $12,193 $600,000 $0 $0
2020 $13,136 $660,000 $0 $0
2019 $12,339 $645,000 $389,168 $255,832
2018 $11,704 $645,000 $0 $0
2017 $10,356 $575,000 $0 $0
2016 $9,058 $452,000 $0 $0
2015 $8,257 $390,000 $0 $0
2014 $7,645 $359,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: U8160593

Stellar MLS

APN: 08-29-15-16434-002-0150

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