NOT LISTED FOR SALE

506 Gulf Blvd Unit 103 Indian Rocks Beach, FL 33785

Estimated Value: $831,564 - $1,008,000

2 Beds
2 Baths
1,050 Sq Ft
$660/mo HOA Fee

Last Sold May 11, 2023

Last sale price $960,000 $914 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $6,070/month

2 Days on Market

Highlights

  • Beach Front
  • Water access To Gulf or Ocean
  • Fishing
  • Anona Elementary School Rated A-
  • In Ground Pool
  • 4-minute walk to Chief Chic-A-Si Park

About This Home

As of May 2023

Indian Rocks Beach Gulf Front Condo with Full Gulf Views. Move in and start enjoying the Florida Gulf Lifestyle. This 2 bedroom / 2 bath condo has been lovingly updated and well maintained by the owners for 30 years. Listen to the waves while you sleep and watch an evening sunset on the large balcony. Small, quiet condo complex to relax and enjoy as your home, second home or as a rental. The condo sits back from the beach and is protected by sand dunes and sea oats. The large lot offers plenty of green space for your pets. Indian Rocks Beach is a charming fishing village with shops, restaurants, bars, art center, tennis, pickleball, skate park, golf cart friendly and has plenty of festivals for your enjoyment. You'll love it here!

Last Agent to Sell the Property

Natalie Scott

COMPASS FLORIDA LLC License #3272087 Listed on: 04/02/2023

COMPASS FLORIDA LLC

Co-Listed By

Jessica Dreyer

COMPASS FLORIDA LLC License #3429511

Last Buyer's Agent

Phil Jansen

COASTAL PROPERTIES GROUP INTERNATIONAL License #3255771

COASTAL PROPERTIES GROUP INTERNATIONAL

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,267

Year Built

  • Built in 1978

Lot Details

  • Beach Front
  • Property fronts gulf or ocean
  • East Facing Home

HOA Fees

  • $660 Monthly HOA Fees

Parking

  • Parking Garage Space

Property Views

  • Beach
  • Full Gulf or Ocean

Home Design

  • Built-Up Roof
  • Block Exterior
  • Pile Dwellings

Interior Spaces

  • 1,050 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Combination Dining and Living Room
  • Ceramic Tile Flooring

Kitchen

  • Range
  • Dishwasher
  • Stone Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Water access To Gulf or Ocean
  • Balcony

Schools

  • Anona Elementary School
  • Seminole Middle School
  • Seminole High School

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include pool, maintenance structure, ground maintenance, sewer, trash, water
  • Pat Shannon Association, Phone Number (813) 777-8320
  • Pelicans Cove Association
  • Mid-Rise Condominium
  • Pelicans Cove Condo Subdivision
  • The community has rules related to allowable golf cart usage in the community

Recreation

  • Community Pool
  • Fishing

Pet Policy

  • Pets up to 25 lbs
  • Pet Size Limit
  • 1 Pet Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,267

Year Built

Built in 1978

Lot Details

0

HOA Fees

$660 per month

Listing Details

  • HOA Fee Includes: Pool, Maintenance Structure, Maintenance Grounds, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1050
  • Lot Size Acres: 0.75
  • New Construction: No
  • Year Built: 1978
  • Building Area Total: 1050
  • Lot Size Sq Ft: 32843
  • Directions to Property: Right after 5th Ave. building is immediately on the left. Pelicans Cove
  • Status: Sold
  • Co List Office Mls Id: MFR781263
  • Co List Office Phone: 813-355-0744
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow City: Indian Shores
  • Escrow Postal Code: 33785
  • Escrow State: FL
  • Escrow Street Name: Gulf Blvd
  • Escrow Street Number: 19535
  • Floor Number: 1
  • List Office Head Office Key Nume: 169647934
  • Minimum Lease: 2 Weeks
  • Number Of Pets: 1
  • RATIO Current Price By Calculate: 914.29
  • Unit Number YN: 0
  • Water Access YN: 1
  • Condo Fees Term: Monthly
  • Property Description: Mid Rise
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Solid Surface Counters, Stone Counters, Thermostat, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: No
  • Stories: 1
  • Street Number Modifier: 506
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 97.55
  • Room Count: 8

Exterior Features

  • Direction Faces: East
  • Pool Features: In Ground
  • Exterior Features: Balcony
  • Roof: Built-Up
  • Pool Private: Yes
  • View: Water
  • Water Body Name: GULF OF MEXICO
  • Waterfront: Yes
  • Road Surface Type: Asphalt
  • Water Access: Beach,Gulf/Ocean
  • Water Extras YN: 0
  • Water View: Beach,Gulf/Ocean - Full
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Under Building

Utilities

  • Utilities: Cable Available, Electricity Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Fishing, Golf Carts OK, Pool, Waterfront
  • Association Fee Frequency: Monthly
  • Association Name: Pat Shannon
  • Phone: 813-777-8320
  • Association: Yes
  • Senior Community: No
  • Association: Pelicans Cove
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Association Fee Requirement: Required
  • Building Name Number: PELICANS COVE
  • Condo Fees: 660
  • Condo Land Included YN: 0
  • Max Pet Weight: 25
  • Montly Maint Amt Addition To HOA: 0
  • Monthly Condo Fee Amount: 660
  • Pet Size: Small (16-35 Lbs.)

Fee Information

  • Total Annual Fees: 7920.00
  • Total Monthly Fees: 660.00

Schools

  • Elementary School: Anona Elementary-PN
  • High School: Seminole High-PN
  • Middle Or Junior School: Seminole Middle-PN

Lot Info

  • Parcel Number: 12-30-14-68275-000-1030
  • Additional Parcels: No
  • Flood Zone Code: AE, VE
  • Homestead YN: 1
  • Lot Size Square Meters: 3051

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Size Limit
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Minimum rental is 2 weeks

Tax Info

  • Tax Annual Amount: 6266.62
  • Tax Block: 506
  • Tax Book Number: 31-73
  • Tax Lot: 103

Multi Family

  • Waterfront Features: Beach Front, Gulf/Ocean
  • Approval Process: Will need to go through an approval process with the association

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2023
Closed on
May 11, 2023
Sold by
Hoffman Diane D
Bought by
Kurt & Sandra Derwenskus Living Trust
Seller's Agent
Natalie Scott
COMPASS FLORIDA LLC
Buyer's Agent
Phil Jansen
COASTAL PROPERTIES GROUP INTERNATIONAL
List Price
$980,000
Sold Price
$960,000
Premium/Discount to List
-$20,000
-2.04%
Views
137
Current Estimated Value
$892,641

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$67,359
Avg. Annual Appreciation
-2.74%
Original Mortgage
$717,750
Outstanding Balance
$697,963
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$203,094

Purchase Details

Closed on
Dec 6, 2022
Sold by
Hoffman Diane D
Bought by
Hoffman Ronald L
Source: Public Records

Range of Values:

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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
Kurt & Sandra Derwenskus Living Trust $960,000 Fidelity National Title
Hoffman Ronald L $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kurt & Sandra Derwenskus Living Trust $717,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2023 05/11/23 Sold $960,000 -2.0% $914 / Sq Ft
04/05/2023 04/05/23 Pending -- -- --
04/02/2023 04/02/23 For Sale $980,000 -- $933 / 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 $6,566 $746,532 -- $746,532
2023 $6,566 $438,611 $0 $0
2022 $6,267 $425,836 $0 $0
2021 $6,405 $413,433 $0 $0
2020 $6,410 $407,725 $0 $0
2019 $6,892 $392,646 $0 $392,646
2018 $6,579 $383,734 $0 $0
2017 $6,476 $396,562 $0 $0
2016 $5,912 $345,501 $0 $0
2015 $5,217 $275,114 $0 $0
2014 $5,109 $267,814 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: U8195159

Stellar MLS

APN: 12-30-14-68275-000-1030