NOT LISTED FOR SALE

5820 Bimini Way S St. Pete Beach, FL 33706

Estimated Value: $996,000 - $1,242,000

3 Beds
2 Baths
2,032 Sq Ft
$546/Sq Ft Est. Value

Last Sold September 18, 2020

Last sale price $827,500 $407 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $7,250/month

4 Days on Market

Highlights

  • 120 Feet of Waterfront
  • Access To Intracoastal Waterway
  • In Ground Pool
  • Boca Ciega High School Rated A-
  • Boat Lift
  • Full Gulf or Ocean Views

About This Home

As of September 2020

St Pete Beach Living at its finest. Imagine living walking distance to the beach on a cul-de-sac with multimillionaire dollar homes as neighbors and an empty lot to your left. Don't miss out on the opportunity to own one of the best lots in the great and desirable Bahia shores. Wide open non obstructed water-views with over 120 ft of sea wall. Newly resurfaced spacious pool with a fresh cool deck coating. Newer composite dock, boat and jet ski lifts and pilings for large boat parking. Open floor plan with a spacious kitchen and tremendous 360 views of the water from the living room and master bedroom. This is a great home for entertaining. Come put your own personal touch on this home or tear it down and build your dream home. Hurry before this one is gone. Property is being sold AS-IS.

Last Agent to Sell the Property

Christopher Rogers

RE/MAX ACTION FIRST OF FLORIDA License #3350352 Listed on: 08/14/2020

RE/MAX ACTION FIRST OF FLORIDA

Co-Listed By

Kyle Collins

RE/MAX ACTION FIRST OF FLORIDA License #3446512

Last Buyer's Agent

Helle Hartley

CENTURY 21 JIM WHITE & ASSOC License #3309240

CENTURY 21 JIM WHITE & ASSOC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,195

Year Built

  • Built in 1955

Lot Details

  • 7,257 Sq Ft Lot
  • 120 Feet of Waterfront
  • Property fronts an intracoastal waterway
  • North Facing Home
  • Dog Run

Parking

  • 1 Carport Space

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 2,032 Sq Ft Home
  • Open Floorplan
  • Ceramic Tile Flooring
  • Full Gulf or Ocean Views

Kitchen

  • Convection Oven
  • Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • In Ground Pool
  • Access To Intracoastal Waterway
  • Boat Lift
  • Dock made with Composite Material

Additional Features

  • Flood Insurance May Be Required
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Bahia Shores 1St Add Subdivision
  • Rental Restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,195

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 2032
  • Lot Size Acres: 0.17
  • New Construction: No
  • Year Built: 1955
  • Building Area Total: 2337
  • Lot Size Sq Ft: 7257
  • Directions to Property: headed south on St Pete Beach turn left on 58th ave and then right on Bimini
  • Status: Sold
  • Street Post Direction: S
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8094409?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8094409?w=Customer
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.97364
  • Price per Sq Ft: 407.23
  • Close to Original List Price Ratio: 0.97364
  • Ratio: Current Price\Building Area Total: 354.09
  • View: Yes
  • Co List Office Mls Id: 260015373
  • Co List Office Phone: 727-489-0800
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Open Floorplan
  • Appliances Included: Convection Oven, Cooktop, Dishwasher, Microwave, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: No
  • Street Number Modifier: 5820
  • Room Count: 3

Exterior Features

  • Direction Faces: North
  • Pool Features: In Ground
  • Exterior Features: Dog Run
  • Roof: Shingle
  • Pool Private: Yes
  • View: Water
  • Waterfront: Yes
  • Water View: Gulf/Ocean - Full
  • Water Access: Intracoastal Waterway
  • Water Extras: Dock - Composite, Lift
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12103C0276G
  • Waterfront Frontage: 120
  • Water Frontage Feet I C W: 120

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Lot Info

  • Parcel Number: 06-32-16-02340-000-0150
  • Additional Parcels: No
  • Lot Features: Flood Insurance Required
  • Flood Zone Code: AE
  • Flood Zone Date: 2003-09-03

Rental Info

  • Furnished: Negotiable
  • Minimum Lease: 3 Months
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: none

Tax Info

  • Tax Annual Amount: 9195
  • Tax Block: 23
  • Tax Book Number: 36-3
  • Tax Lot: 15

Multi Family

  • Waterfront Features: Intracoastal Waterway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 7, 2021
Sold by
Bailey Lloyd Mark and Wright Judith K
Bought by
Bailey Lloyd Mark and Wright Judith K
Current Estimated Value
$1,108,720

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$655,000
Outstanding Balance
$593,594
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$515,126

Purchase Details

Listed on
Aug 14, 2020
Closed on
Sep 18, 2020
Sold by
Bimini Investments Llc
Bought by
Baily Lloyd Mark and Lloyd Mark Bailey Revocable Trust
Seller's Agent
Christopher Rogers
RE/MAX ACTION FIRST OF FLORIDA
Buyer's Agent
Helle Hartley
CENTURY 21 JIM WHITE & ASSOC
List Price
$849,900
Sold Price
$827,500
Premium/Discount to List
-$22,400
-2.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.98%
Original Mortgage
$662,000
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 2, 2005
Sold by
Grabowy Tadeusz and Grabowy Maria
Bought by
Bimini Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 2, 2002
Sold by
Gaudry William T
Bought by
Grabowy Tadeusz and Grabowy Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 1997
Sold by
Poland Douglas J and Poland Deborah L
Bought by
Gaudry William T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.85%

Purchase Details

Closed on
Aug 9, 1996
Sold by
Poland Douglas J and Poland Deborah L
Bought by
Poland Douglas J and Poland Deborah L
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
Bailey Lloyd Mark -- States Title Fts Agency
Baily Lloyd Mark $827,500 First Title Source Llc
Bimini Investments Llc $724,000 A Heritage Title Ins Corp
Grabowy Tadeusz $433,500 --
Gaudry William T $228,000 --
Poland Douglas J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bailey Lloyd Mark $655,000
Closed Baily Lloyd Mark $662,000
Previous Owner Bimini Investments Llc $324,000
Previous Owner Poland Douglas J $240,000
Previous Owner Poland Douglas J $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2020 09/18/20 Sold $827,500 -2.6% $407 / Sq Ft
08/18/2020 08/18/20 Pending -- -- --
08/14/2020 08/14/20 For Sale $849,900 -- $418 / 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 $16,463 $1,136,062 $905,810 $230,252
2023 $16,463 $1,275,334 $1,081,193 $194,141
2022 $13,724 $933,563 $788,088 $145,475
2021 $12,406 $728,934 $0 $0
2020 $9,450 $544,596 $0 $0
2019 $9,195 $527,553 $430,495 $97,058
2018 $8,589 $502,021 $0 $0
2017 $8,126 $481,853 $0 $0
2016 $7,189 $392,552 $0 $0
2015 $6,831 $364,340 $0 $0
2014 $6,492 $345,839 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: U8094409

Stellar MLS

APN: 06-32-16-02340-000-0150