$1,100,000
SOLD DEC 13, 2024

525 Johns Pass Ave Madeira Beach, FL 33708

3 Beds
3 Baths
2,411 Sq Ft
8,398 Sq Ft Lot

Recently Sold

$456 Per Sq Ft

33% Below List Price

104 Days on Market

Highlights

  • 70 Feet of Intracoastal Waterfront
  • Dock has access to electricity and water
  • Boat Lift
  • Orange Grove Elementary School Rated A
  • Access To Intracoastal Waterway
  • Intracoastal View

About This Home

As of December 2024

$275,000 price drop! Seller’s loss is your gain even though this house suffered a mere fraction of that amount in damage with Hurricane Helene compared to other homes! This house is habitable now and with a few dollars and a few days it can be repaired and offered into the local rental market for anyone who needs to stay locally while their home undergoes repairs, or as a remodel for yourself. Either way it is a fantastic investment. While the house had never come close to flooding in over 60 years, it did sustain very low-level flooding from Hurricane Helene. The damage was minimal and all within the realm of that which would be replaced during a remodel. Despite being described as a tri-level home, this house has four levels and only had water on the ground floor over minimal square footage consisting of a lower living room, pool bath, foyer, garage, and a crawl space. More importantly, the lower level is all concrete block with plaster walls and terrazzo or tile floors (no drywall). The other 3 levels…dining room, kitchen/family room, 3 bedrooms, and two bathrooms were all untouched. Thus, the house can be occupied during any remodel/repairs. Although the owners could make repairs, they are choosing to be transparent and show the house “as is” in order to allow a buyer to see what happened and what’s needed, rather than covering it up. Also, Hurricane Milton was no match for this house with a full set of hurricane shutters on every opening, and he did no damage. So, don't miss your chance to transform this waterfront property into your very own slice of paradise or an income producing investment! This property offers a spacious 70x120 ft lot on Crystal Island in Madeira Beach with breathtaking views of Boca Ciega Bay (no looking across a canal at your neighbor’s backyard here!) This house has a charming mid-century feel with 3 bedrooms & 3 bathrooms in a multi-level layout, including that rare lower-level room with views of the pool, yard, and waterfront! The possibilities are endless for the lower floor to serve as a cozy family room with its fireplace, a second master suite, or a game room, with sliding glass doors leading to the poolside patio. The kitchen is spacious with a large attached area for dining-in or use as a family room. There’s also another dining room, too! The kitchen features wraparound, floor-to-ceiling windows and a large deck to take in the amazing water views. The 70' of waterfront provides a large backyard but still gives you that privacy feeling despite being on the gorgeous open water with unobstructed views of the bay, the Intracoastal Waterway, mangrove islands and gorgeous sunrises & moonrises. For boating enthusiasts, the home is a few-minute boat ride to the Gulf of Mexico and close to everything the beaches have to offer. Or, stay home and relax in the gorgeous salt-water pool that features a hot tub and waterfall, as well as being built to be low-maintenance with an in-floor cleaning system. Your boat also will be conveniently stationed on the 10k lb lift, with new pilings, in your backyard and ready for adventure at a moment’s notice. Overall, this home offers a firm foundation for transforming it into your waterfront dream or investment, with upgraded electric panel, new sewer main, newer seawall, new flat roof and a full complement of hurricane shutters for added protection. Whether you're into boating, fishing, or simply enjoying the surrounding natural beauty, this location has it all.

Last Agent to Sell the Property

Michael Wyckoff

ENGEL & VOLKERS MADEIRA BEACH Brokerage Phone: 727-394-7365 License #3006024 Listed on: 08/13/2024

ENGEL & VOLKERS MADEIRA BEACH

Co-Listed By

Ineta Kalnina

ENGEL & VOLKERS MADEIRA BEACH Brokerage Phone: 727-394-7365 License #3351610

Last Buyer's Agent

Spyro Lefkimiotis

RE/MAX METRO License #3093054

RE/MAX METRO

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,354

Year Built

  • Built in 1963

Lot Details

  • 8,398 Sq Ft Lot
  • 70 Feet of Intracoastal Waterfront
  • Property fronts an intracoastal waterway
  • West Facing Home
  • Vinyl Fence

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Split Level Home
  • Entry on the 2nd floor
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,411 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Sliding Doors
  • Family Room with Fireplace
  • Living Room
  • Den
  • Intracoastal Views
  • Hurricane or Storm Shutters
  • Laundry closet

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • Closet Cabinetry
  • 3 Full Bathrooms

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Pool Sweep
  • Pool Lighting

Outdoor Features

  • Access To Intracoastal Waterway
  • Seawall
  • Boat Lift
  • Dock has access to electricity and water
  • Dock made with wood
  • Balcony
  • Deck
  • Covered Patio or Porch

Location

  • Flood Zone Lot

Schools

  • Orange Grove Elementary School
  • Seminole Middle School
  • Seminole High School

Utilities

  • Central Heating and Cooling System
  • Thermostat

Community Details

  • No Home Owners Association
  • Crystal Island 2Nd Add Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,354

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 2411
  • Lot Size Acres: 0.19
  • New Construction: No
  • Year Built: 1963
  • Building Area Total: 2969
  • Lot Size Sq Ft: 8398
  • Directions to Property: Gulf Blvd and 140th Ave. Go on 140th Ave, turn Right on Island Dr, Left on Crystal Island Dr, Right on Flamingo Dr, Right on Johns Pass Ave. Property will be on your left.
  • Status: Sold
  • Co List Office Mls Id: MFR283504628
  • Co List Office Phone: 727-394-7365
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow City: Clearwater
  • Escrow Postal Code: 33759
  • Escrow State: FL
  • Escrow Street Name: Gulf to Bay Blvd, Suite 601
  • Escrow Street Number: 3000
  • Floor Number: 2
  • List Office Head Office Key Nume: 1048177
  • Minimum Lease: 6 Months
  • RATIO Current Price By Calculate: 456.24
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 1
  • MFR_BedroomClosetType: Built-in Closet
  • MFR_InLawSuiteYN: 0
  • MFR_DockDescription: Dock - Wood,Dock w/Electric,Dock w/Water Supply,Lift
  • MFR_DockYN: 1
  • Attribution Contact: 727-394-7365
  • Tax Year: 2023
  • Special Features: None

Interior Features

  • Fireplace Features: Family Room
  • Living Area Units: Square Feet
  • Flooring: Carpet, Laminate, Tile, Vinyl
  • Full Bathrooms: 3
  • Interior Amenities: Built-in Features, Ceiling Fans(s), Eat-in Kitchen, PrimaryBedroom Upstairs, Thermostat, Vaulted Ceiling(s)
  • Appliances Included: Dishwasher, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: Multi/Split
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 2
  • Street Number Modifier: 525
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Den/Library/Office,Family Room
  • Living Area Meters: 223.99
  • Room Count: 3

Exterior Features

  • Direction Faces: West
  • Pool Features: Heated, In Ground, Lighting, Pool Sweep
  • Exterior Features: Balcony, Hurricane Shutters, Sliding Doors
  • Roof: Other, Tile
  • Pool Private: Yes
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio
  • Road Surface Type: Asphalt
  • Disclosures: Lead Paint, None, Seller Property Disclosure
  • Water Access: Intracoastal Waterway
  • Water Extras: Lift,Seawall - Concrete
  • Water Extras YN: 1
  • Water View: Intracoastal Waterway
  • Water View YN: 1
  • Waterfront Feet Total: 70
  • Flood Zone Date: 2021-08-24
  • Flood Zone Panel: 12103C0192H
  • Water Frontage Feet ICW: 70

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway

Utilities

  • Utilities: Electricity Connected, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

  • Elementary School: Orange Grove Elementary-PN
  • High School: Seminole High-PN
  • Middle Or Junior School: Seminole Middle-PN

Lot Info

  • Parcel Number: 10-31-15-19998-000-0500
  • Additional Parcels: No
  • Fencing: Fenced, Vinyl
  • Lot Features: FloodZone
  • Flood Zone Code: AE
  • Homestead YN: 1
  • Lot Size Square Meters: 780

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Unfurnished
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Please verify Leasing Restrictions with appropriate Municipality.

Tax Info

  • Tax Annual Amount: 7354
  • Tax Block: 000
  • Tax Book Number: 57-64
  • Tax Lot: 50

Multi Family

  • Waterfront Features: Intracoastal Waterway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2024
Closed on
Dec 13, 2024
Sold by
Perry Matthew H
Bought by
Lagrou Jeffrey S and Lagrou Donna Y
Seller's Agent
Michael Wyckoff
ENGEL & VOLKERS MADEIRA BEACH
Buyer's Agent
Spyro Lefkimiotis
RE/MAX METRO
List Price
$1,650,000
Sold Price
$1,100,000
Premium/Discount to List
-$550,000
-33.33%
Views
69
Current Estimated Value
$1,027,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$73,000
Avg. Annual Appreciation
-0.68%

Purchase Details

Closed on
Apr 26, 1999
Sold by
Fogg Fred C and Fogg Myra
Bought by
Perry Matthew H and Perry Susan R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.13%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Warranty Deed $1,100,000 International Title Partners
Warranty Deed $330,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $300,000 Credit Line Revolving
Previous Owner $50,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2024 12/13/24 Sold $1,100,000 -20.0% $456 / Sq Ft
11/25/2024 11/25/24 Pending -- -- --
11/07/2024 11/07/24 Price Changed $1,375,000 -5.2% $570 / Sq Ft
11/03/2024 11/03/24 Price Changed $1,450,000 -6.5% $601 / Sq Ft
10/16/2024 10/16/24 Price Changed $1,550,000 -6.1% $643 / Sq Ft
08/13/2024 08/13/24 For Sale $1,650,000 -- $684 / 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 $7,354 -- -- --
2023 $7,354 $0 $0 $0
2022 $7,171 $0 $0 $0
2021 $7,311 $2,527 $0 $0
2019 $7,204 $442,668 $0 $0
2018 $6,907 $442,668 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: U8252611

Stellar MLS

APN: 10-31-15-19998-000-0500