NOT LISTED FOR SALE

5120 Marina Way Unit 10005 Tampa, FL 33611

Sun Bay South Neighborhood

Estimated Value: $1,166,000 - $1,621,000

3 Beds
3 Baths
2,437 Sq Ft
$1,981/mo HOA Fee

Last Sold October 12, 2023

Last sale price $1,475,000 $605 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $9,785/month

131 Days on Market

Highlights

  • White Water Ocean Views
  • Boat Dock
  • Property Fronts a Bay or Harbor
  • Robinson High School Rated A
  • Access to Bay or Harbor
  • Fitness Center

About This Home

As of October 2023

Buyer Financing Fell Through - Now listed extremely under appraised value! Welcome to Tampa Bay’s newest premier waterfront community, Westshore Marina District. Sitting at the heart and overlooking the sparking bay waters, you’ll enjoy inspiring luxurious living at Marina Pointe. The moment you step off your private elevator, you are greeted with water views and warm natural light. Enjoy coffee, yoga and watching dolphins from your expansive 316-square-foot terrace that captures breathtaking views of the bay, skylines of Tampa and St. Petersburg, and the Skyway Bridge visible in the distance. Inside, you’ll find multiple upgrades and refined finishes including Wolf, Sub-Zero and Asko appliances, quartz countertops, built-out pantry, 10-foot ceilings, tile flooring throughout, coordinating closet systems, floor-to-ceiling windows plus more. This captivating three-bedroom, three-bath residence also offers a spacious bonus room for lifestyle needs. Enjoy all Florida living has to offer with resort-style amenities, including heated pool plus spa surrounded by day beds, outdoor pavilion with summer kitchen, gas grills, dog walk, business and wellness center, steam and billiards room, virtual golf simulator and catering kitchen. With two secure parking spaces and indoor storage, this home is completely move-in ready!

Last Agent to Sell the Property

Jessica Denig

PREMIER SOTHEBYS INTL REALTY Brokerage Phone: 727-898-6800 License #3327168 Listed on: 05/10/2023

PREMIER SOTHEBYS INTL REALTY

Last Buyer's Agent

James Patterson

SMITH & ASSOCIATES REAL ESTATE License #3215401

SMITH & ASSOCIATES REAL ESTATE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,103

Year Built

  • Built in 2023 | New Construction

Lot Details

  • Property Fronts a Bay or Harbor
  • Southeast Facing Home
  • Dog Run
  • Landscaped with Trees

HOA Fees

  • $1,981 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Electric Vehicle Home Charger
  • Secured Garage or Parking
  • Guest Parking
  • Reserved Parking

Property Views

  • White Water Ocean
  • City

Home Design

  • Entry on the 10th floor
  • Slab Foundation
  • Membrane Roofing
  • Block Exterior

Interior Spaces

  • 2,437 Sq Ft Home
  • Open Floorplan
  • High Ceiling
  • Low Emissivity Windows
  • Insulated Windows
  • Sliding Doors
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Den
  • Bonus Room
  • Storage Room
  • Inside Utility
  • Ceramic Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop with Range Hood
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Access to Bay or Harbor
  • Property is near a marina
  • Seawall
  • Water Skiing Allowed
  • Balcony
  • Outdoor Storage
  • Porch

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-Hour Guard, cable TV, common area taxes, pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, maintenance, management, pest control, recreational facilities, security, sewer, trash
  • James H. Baumgartner, Lcam Association, Phone Number (813) 443-5503
  • Visit Association Website
  • Built by BTI
  • Marina Pointe East A Condominium Subdivision, Dauphin R Floorplan
  • On-Site Maintenance
  • The community has rules related to allowable golf cart usage in the community
  • 17-Story Property

Amenities

  • Sauna
  • Community Storage Space
  • Elevator

Recreation

  • Boat Dock
  • Pickleball Courts
  • Recreation Facilities
  • Fitness Center
  • Community Pool
  • Community Spa
  • Fishing
  • Tennis Courts

Pet Policy

  • Pets Allowed
  • Pets up to 175 lbs

Security

  • Security Service
  • Card or Code Access
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,103

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$1,981 per month

Parking

2

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Cable TV, Common Area Taxes, Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance, Management, Pest Control, Recreational Facilities, Security, Sewer, Trash
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 2437
  • New Construction: Yes
  • Year Built: 2023
  • Building Area Total: 2753
  • Number Of Lots: 1
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Builder
  • Escrow City: St. Petersburg
  • Escrow State: FL
  • Escrow Street Name: 4th Street North
  • Floor Number: 10
  • Minimum Lease: 7 Months
  • RATIO Current Price By Calculate: 605.25
  • Total Acreage: Non-Applicable
  • Water Access YN: 1
  • Condo Fees Term: Monthly
  • Property Description: Corner Unit,End Unit,High Rise
  • Tax Year: 2022
  • Special Features: 4098

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Tile
  • Full Bathrooms: 3
  • Interior Amenities: Eat-in Kitchen, Elevator, High Ceilings, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s)
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 17
  • Window Features: Insulated Windows, Low Emissivity Windows
  • ResoLivingAreaSource: Builder
  • Additional Rooms: Bonus Room,Den/Library/Office,Inside Utility,Storage Rooms
  • Living Area Meters: 226.40

Exterior Features

  • Direction Faces: Southeast
  • Exterior Features: Balcony, Dog Run, Sidewalk, Sliding Doors, Storage, Tennis Court(s)
  • Roof: Membrane
  • Pool Private: No
  • View: City, Water
  • Water Body Name: TAMPA BAY
  • Waterfront: Yes
  • Patio and Porch Features: Porch
  • Road Surface Type: Paved
  • Disclosures: Condominium Disclosure Available, HOA/PUD/Condo Disclosure, Seller Property Disclosure
  • Water Access: Bay/Harbor
  • Water Extras: Sailboat Water,Seawall - Other,Skiing Allowed
  • Water View: Bay/Harbor - Full
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Assigned, Covered, Electric Vehicle Charging Station(s), Guest, Reserved, Under Building

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Connected, Sewer Connected, Street Lights, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Fishing, Fitness Center, Gated, Golf Carts OK, Pool, Sidewalks, Water Access, Waterfront
  • Association Amenities: Cable TV, Dock, Elevator(s), Fitness Center, Gated, Lobby Key Required, Maintenance, Pickleball Court(s), Pool, Recreation Facilities, Sauna, Security, Spa/Hot Tub, Storage
  • Association Fee Frequency: Monthly
  • Association Name: JAMES H. BAUMGARTNER, LCAM
  • Phone: 813.443.5503
  • Association: Yes
  • Security: Fire Alarm, Gated Community, Key Card Entry, Secured Garage / Parking, Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: Unit Owner is permitted to keep up to 2 pets with no weight restrictions in a Unit, or up to 3 pets with a combined weight not exceeding 175 pounds in a Unit. See attached full Pet Policy for additional details. Confirm all info is accurate with mgmt.
  • Association Fee Requirement: Required
  • Condo Fees: 1981
  • Condo Land Included YN: 0
  • Max Pet Weight: 175
  • Association Email: jbaumgartner@kwpmc.com
  • Monthly Condo Fee Amount: 1981
  • Association URL: MarinaPointe-East.com

Fee Information

  • Total Annual Fees: 23772.00
  • Total Monthly Fees: 1981.00

Lot Info

  • Zoning: RES
  • Parcel Number: A-13-24-27-424-000002-10005.0
  • Additional Parcels: No
  • Lot Features: Near Marina, Sidewalk
  • Lot Dimensions: 0
  • Flood Zone Code: AE

Building Info

  • Builder Name: BTI

Rental Info

  • Furnished: Negotiable
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Please refer to management company for lease restrictions and rules.

Tax Info

  • Tax Block: 5
  • Tax Book Number: 31-93
  • Tax Lot: 10005
  • Tax Other Annual Assessment Amount: 1939

Multi Family

  • Waterfront Features: Bay/Harbor
  • Approval Process: Please refer to management company.

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2023
Closed on
Oct 12, 2023
Sold by
Velarde Christine and Velarde Wilber
Bought by
Mahindra Living Trust and Mahindra
Seller's Agent
Jessica Denig
PREMIER SOTHEBYS INTL REALTY
Buyer's Agent
James Patterson
SMITH & ASSOCIATES REAL ESTATE
List Price
$1,550,000
Sold Price
$1,475,000
Premium/Discount to List
-$75,000
-4.84%
Views
137
Current Estimated Value
$1,457,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,362
Avg. Annual Appreciation
-0.58%

Purchase Details

Listed on
May 2, 2023
Closed on
May 2, 2023
Sold by
Marina Pointe East Developer Llc
Bought by
Velarde Christine and Velarde Wilber
Seller's Agent
Kevin Mays
BTI REALTY LLC
Buyer's Agent
Jessica Denig
PREMIER SOTHEBYS INTL REALTY
List Price
$1,133,237
Sold Price
$1,133,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
79.63%
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
Mahindra Living Trust $1,475,000 None Listed On Document
Velarde Christine $1,133,300 Equity Land Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/12/2023 10/12/23 Sold $1,475,000 -4.8% $605 / Sq Ft
09/19/2023 09/19/23 Pending -- -- --
09/12/2023 09/12/23 For Sale $1,550,000 0.0% $636 / Sq Ft
07/28/2023 07/28/23 Pending -- -- --
07/12/2023 07/12/23 Price Changed $1,550,000 -6.1% $636 / Sq Ft
06/14/2023 06/14/23 Price Changed $1,650,000 -5.7% $677 / Sq Ft
06/14/2023 06/14/23 For Sale $1,750,000 0.0% $718 / Sq Ft
05/19/2023 05/19/23 Pending -- -- --
05/10/2023 05/10/23 For Sale $1,750,000 -- $718 / 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 $2,103 $1,060,709 $100 $1,060,609
2023 $2,103 $8,568 $8,568 --
Source: Public Records

Agents Affiliated with this Home

  • Jessica Denig

    Seller's Agent in 2023

    Jessica Denig

    PREMIER SOTHEBYS INTL REALTY

    (813) 713-1301

    2 in this area

    41 Total Sales

    Jessica Denig
    Section Image
  • James Patterson

    Buyer's Agent in 2023

    James Patterson

    SMITH & ASSOCIATES REAL ESTATE

    (941) 730-9296

    2 in this area

    65 Total Sales

    James Patterson
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: U8200074

Stellar MLS

APN: A-08-30-18-D09-000000-10005.0

Florida Hillsborough County Tampa 33611 Sun Bay South

5120 Marina Way Unit 10005, Tampa, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS 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.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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