Nikki Spirakis
BRG REAL ESTATE INC
(813) 212-7671
63 Total Sales
2 in Madeira Beach
$685K - $900K Price Range
505 129th Ave E Madeira Beach, FL 33708
Madeira Beach AreaEstimated Value: $1,503,996
Studio
4
Baths
4,314
Sq Ft
$349/Sq Ft
Est. Value
Highlights
- 50 Feet of Waterfront
- Access To Intracoastal Waterway
- No HOA
- Orange Grove Elementary School Rated A
- Intracoastal View
- 4-minute walk to John's Pass Park
About This Home
As of July 2020You can have it all, live in the updated owners unit and cash flow your 2nd home with the other three units! Live a waterfront lifestyle with dolphins playing in your own backyard, magnificent views while having unsurpassed gulf access for your boat. From here you walk to the beach without crossing the street. You have your own dock on the first canal returning from sea. Neighbors on this street walk to the restaurants and shops in John’s Pass Village. Excluding the owners unit, there is $56,000. annual income in place from the remaining -3- units. The present owners are snowbirds their private unit has never been rented. Whatever your motives, this one of a kind property has it all. The two first floor units have been renovated with high-end finishes, the upstairs units are well above average for rentals in this area. Roof has just been coated and has warranty until 2030!!!
Last Agent to Sell the Property
DICUS HARRISON REALTY License #3096641 Listed on: 11/20/2019
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,356
Year Built
- Built in 1970
Lot Details
- 6,573 Sq Ft Lot
- Lot Dimensions are 50x132
- 50 Feet of Waterfront
- Property fronts a saltwater canal
Property Views
- Intracoastal
- Canal
Home Design
- Quadruplex
- Slab Foundation
- Built-Up Roof
- Block Exterior
- Stucco
Interior Spaces
- 4,314 Sq Ft Home
- Sliding Doors
- Laundry in unit
Outdoor Features
- Access To Intracoastal Waterway
- Seawall
- Open Dock
- Balcony
- Rain Gutters
Location
- Flood Insurance May Be Required
Schools
- Orange Grove Elementary School
- Seminole Middle School
- Seminole High School
Utilities
- Cooling System Mounted To A Wall/Window
- Central Heating and Cooling System
- Heating System Mounted To A Wall or Window
- Phone Available
- Cable TV Available
Listing and Financial Details
- Visit Down Payment Resource Website
- Legal Lot and Block 8 / 2
- Assessor Parcel Number 15-31-15-97866-002-0080
Community Details
Overview
- No Home Owners Association
- 4,860 Sq Ft Building
- Williams Bill Madeira Harbor Sub 3Rd Add Subdivision
Pet Policy
- Pets Allowed
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 31, 2025
Sold by
Mad Beach 505 Llc
Bought by
Current Estimated Value
Purchase Details
Listed on
Nov 20, 2019
Closed on
Jul 2, 2020
Sold by
Reising Keith L and Reising Joyce C
Bought by
Mad Beach 505 Llc
Seller's Agent
Lambdin Freeman
DICUS HARRISON REALTY
Buyer's Agent
Lambdin Freeman
DICUS HARRISON REALTY
List Price
$1,200,000
Sold Price
$1,150,000
Premium/Discount to List
-$50,000
-4.17%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.39%
Original Mortgage
$750,000
Interest Rate
3.2%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Jun 2, 2014
Sold by
Velcheck Antoinette T
Bought by
The Primary Color Trust and Reising Joyce C
Purchase Details
Closed on
Mar 19, 2002
Sold by
Velcheck Antoinette T
Bought by
Velcheck Antoinette T Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Interest Rate
6.98%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 18, 2002
Sold by
Kelly Robert R and Ann S Trust C
Bought by
Kelly Robert R and Kelly Ann S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Interest Rate
6.98%
Mortgage Type
Commercial
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Madeira Beach, FL
-
Nikki Spirakis
-
Kay Shilling
Kay Shilling
COLDWELL BANKER REALTY
(321) 340-6439
34 Total Sales
1 in Madeira Beach
$510,000 Price
-
Dayna Bates
Dayna Bates
1 PALM REALTY
(727) 472-8013
29 Total Sales
1 in Madeira Beach
$616,153 Price
-
Roberto Diaz
Roberto Diaz
PEOPLE'S CHOICE REALTY SVC LLC
(813) 519-4988
54 Total Sales
1 in Madeira Beach
$655,000 Price
-
Bernie Lutz
Bernie Lutz
FUTURE HOME REALTY INC
(844) 437-0160
44 Total Sales
1 in Madeira Beach
$255,000 Price
-
Debbie Kleinman
Debbie Kleinman
SMITH & ASSOCIATES REAL ESTATE
(727) 732-6107
40 Total Sales
1 in Madeira Beach
$900,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $100 | None Listed On Document | ||
| Mad Beach 505 Llc | $1,150,000 | Attorney | |
| The Primary Color Trust | $550,000 | Coastline Title Pinellas Llc | |
| Velcheck Antoinette T Trust | -- | -- | |
| Kelly Robert R | -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $100,000 | ||
| Previous Owner | Mad Beach 505 Llc | $750,000 | |
| Previous Owner | Kelly Robert R | $825,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/02/2020 07/02/20 | Sold | $1,150,000 | -4.2% | $267 / Sq Ft |
| 05/22/2020 05/22/20 | Pending | -- | -- | -- |
| 02/07/2020 02/07/20 | For Sale | $1,200,000 | 0.0% | $278 / Sq Ft |
| 01/11/2020 01/11/20 | Pending | -- | -- | -- |
| 11/20/2019 11/20/19 | For Sale | $1,200,000 | -- | $278 / Sq Ft |
Source: Stellar MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $17,663 | $975,000 | $654,159 | $320,841 |
| 2024 | $16,293 | $1,250,000 | $798,748 | $451,252 |
| 2023 | $16,293 | $1,120,000 | $850,490 | $269,510 |
| 2022 | $14,807 | $1,000,000 | $665,381 | $334,619 |
| 2021 | $13,368 | $781,000 | $0 | $0 |
| 2020 | $11,774 | $725,679 | $0 | $0 |
| 2019 | $10,356 | $590,034 | $361,156 | $228,878 |
| 2018 | $9,360 | $545,467 | $0 | $0 |
| 2017 | $8,972 | $513,862 | $0 | $0 |
| 2016 | $9,001 | $506,661 | $0 | $0 |
| 2015 | $8,349 | $458,303 | $0 | $0 |
| 2014 | $5,111 | $342,128 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Lambdin Freeman
Seller's Agent in 2020
Lambdin Freeman
DICUS HARRISON REALTY
(727) 871-6286
86 Total Sales
-
Catherine Delorenzo
Seller Co-Listing Agent in 2020
Catherine Delorenzo
REALTY EXPERTS
(727) 686-5212
90 Total Sales
Map
Source: Stellar MLS
MLS Number: U8066323
APN: 15-31-15-97866-002-0080
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All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID
Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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