NOT LISTED FOR SALE

506 Gulf Blvd Unit 402 Indian Rocks Beach, FL 33785

Estimated Value: $796,594 - $943,000

2 Beds
2 Baths
1,050 Sq Ft
$547/mo HOA Fee

Last Sold October 08, 2019

Last sale price $520,000 $495 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $6,085/month

37 Days on Market

Highlights

  • 300 Feet of Waterfront
  • Beach View
  • Public Beach
  • Anona Elementary School Rated A-
  • Water access To Gulf or Ocean
  • 4-minute walk to Chief Chic-A-Si Park

About This Home

As of October 2019

Welcome to Pelicans Cove...very "walkable" and ideally located in popular Indian Rocks Beach! This unit is a DIRECT Gulf-Front one, and i do mean DIRECT! BOTH your Living Room AND your (en suite) Master Bedroom overlook the Gulf and Beach! PLUS, your balcony is so LONG that it covers the entire length of both...SO, you can enjoy nightly SUNSETS off the Living Room Balcony and also wake up in the morning and go right out to your balcony and enjoy the Panorama of Beach-Front, Coastal Living!! Small dogs are OK, here (for owners), AND this association allows TWO WEEK minimum rentals, for all you Winter Residents who might want to "Airbnd" it to pick up some extra money after you go back home in the summer!! Frequently rented, and "no showings" then - so HURRY as this will be open for showings again beginning Sat 8/10 and for the next approx 6 weeks! Ready for your updating and the recent $10k Price Cut makes that even easier, now!! HURRY!

Last Agent to Sell the Property

Don Taylor

SMITH & ASSOCIATES REAL ESTATE License #301755 Listed on: 07/20/2019

SMITH & ASSOCIATES REAL ESTATE

Last Buyer's Agent

Gail Beskid

BRG REAL ESTATE INC License #3160552

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,777

Year Built

  • Built in 1978

Lot Details

  • 300 Feet of Waterfront
  • Property fronts gulf or ocean
  • Property fronts a public beach
  • Public Beach
  • West Facing Home
  • Condo Land Included

HOA Fees

  • $547 Monthly HOA Fees

Property Views

  • Beach
  • Full Gulf or Ocean

Home Design

  • Concrete Siding
  • Pile Dwellings

Interior Spaces

  • 1,050 Sq Ft Home
  • Sliding Doors
  • Range
  • Washer

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Carport Space
  • Reserved Parking

Outdoor Features

  • Water access To Gulf or Ocean
  • Balcony
  • Covered Patio or Porch
  • Outdoor Storage

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool, ground maintenance, manager, pool maintenance, sewer, trash, water
  • Mid-Rise Condominium
  • Pelicans Cove Condo Subdivision
  • The community has rules related to building or community restrictions
  • Rental Restrictions
  • 5-Story Property

Amenities

  • Elevator
  • Community Storage Space

Recreation

  • Community Pool
  • Fishing

Pet Policy

  • Pets Allowed
  • Pets up to 25 lbs

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,777

Year Built

Built in 1978

Lot Details

0

HOA Fees

$547 per month

Listing Details

  • HOA Fee Includes: Community Pool, Maintenance Grounds, Manager, Pool Maintenance, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Concrete
  • Fireplace: No
  • Living Area: 1050
  • Lot Size Acres: 0.75
  • New Construction: No
  • Year Built: 1978
  • Lot Size Sq Ft: 32550
  • Directions to Property: get to Gulf Blvd - this is about 1 Block north of interesction of where Walsingham meets Gulf Blvd - about 1 1/2 blocks north of Crabby Bills and etc. in Indian Rocks Beach
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8053084?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8053084?w=Customer
  • Floor Number: 4
  • Homestead Y N: No
  • Total Acreage: 1/2 to less than 1
  • Unit Number Y N: No
  • Subdivision Num: 68275
  • Property Description: Mid Rise
  • Ratio: Close Price\List Price: 0.96314
  • Price per Sq Ft: 495.24
  • Close to Original List Price Ratio: 0.94563
  • View: No
  • Ownership: Condominium
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Thermostat
  • Appliances Included: Range, Refrigerator, Washer
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 5
  • Street Number Modifier: 506
  • Room Count: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Exterior Features: Balcony, Sliding Doors, Storage
  • Roof: Other
  • Pool Private: No
  • Waterfront: Yes
  • Patio and Porch Features: Covered
  • Water View: Beach, Gulf/Ocean - Full
  • Water Access: Beach - Public, Gulf/Ocean
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12103C0113G
  • Waterfront Frontage: 300
  • Water Frontage Feet Beach Pub: 150
  • Water Frontage Feet Gulf Ocean: 150

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Assigned, Covered, Guest, Reserved, Under Building
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Sewer Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Fishing, Pool, Special Community Restrictions, Water Access, Waterfront
  • Association Amenities: Elevator(s), Storage
  • Association: No
  • Senior Community: No
  • Condo Fees: 547
  • Condo Fees Term: Monthly
  • Condo Land Included Y N: Yes
  • Monthly Condo Fee Amount: 547
  • Association Fee Requirement: None
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 6564
  • Total Monthly Fees: 547

Lot Info

  • Parcel Number: 12-30-14-68275-000-4020
  • Additional Parcels: No
  • Lot Dimensions: 150' x 217'
  • Flood Zone Code: VE
  • Flood Zone Date: 2003-09-03
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Negotiable
  • Pets Allowed: Yes
  • Max Pet Weight: 25
  • Minimum Lease: 2 Weeks
  • Lease Restrictions Y N: Yes
  • Month To Month Or Weekly Y N: Yes
  • Additional Lease Restrictions: will provide details "soon" but for sure upon accepted offer

Tax Info

  • Tax Annual Amount: 6777
  • Tax Block: 000
  • Tax Book Number: 31-73
  • Tax Lot: 4020

Multi Family

  • Waterfront Features: Beach - Public, Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2019
Closed on
Oct 8, 2019
Sold by
Fentz Susan M and Ruegger Susan M
Bought by
Triumph Holdings Llc
Seller's Agent
Don Taylor
SMITH & ASSOCIATES REAL ESTATE
Buyer's Agent
Gail Beskid
BRG REAL ESTATE INC
List Price
$539,900
Sold Price
$520,000
Premium/Discount to List
-$19,900
-3.69%
Current Estimated Value
$864,899

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$344,899
Avg. Annual Appreciation
9.43%
Original Mortgage
$350,000
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 31, 1993
Sold by
Wood Robert M and Wood Judith A
Bought by
Baumgaertner Richard J and Baumgaertner Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,100
Interest Rate
7.09%
Source: Public Records

Range of Values:

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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
Triumph Holdings Llc $520,000 Coastline Ttl Of Pinellas Ll
Baumgaertner Richard J $148,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Triumph Holdings Llc $350,000
Previous Owner Baumgaertner Richard J $119,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2019 10/08/19 Sold $520,000 -3.7% $495 / Sq Ft
08/26/2019 08/26/19 Pending -- -- --
08/07/2019 08/07/19 Price Changed $539,900 0.0% $514 / Sq Ft
08/07/2019 08/07/19 For Sale $539,900 +3.8% $514 / Sq Ft
07/27/2019 07/27/19 Off Market $520,000 -- --
07/20/2019 07/20/19 For Sale $549,900 -- $524 / 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 $9,902 $767,380 -- $767,380
2023 $9,902 $643,321 $0 $643,321
2022 $8,645 $559,339 $0 $559,339
2021 $8,134 $479,913 $0 $0
2020 $7,273 $419,869 $0 $0
2019 $6,957 $396,568 $0 $396,568
2018 $6,777 $399,651 $0 $0
2017 $6,703 $417,058 $0 $0
2016 $6,039 $352,473 $0 $0
2015 $5,339 $281,875 $0 $0
2014 $5,260 $276,183 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: U8053084

Stellar MLS

APN: 12-30-14-68275-000-4020