NOT LISTED FOR SALE
-- Bed
5 Baths
2,296 Sq Ft
0.25 Acre Lot

Sale Details

Date Sold: July 21, 2017

Last sale price $450,000 $196 Per Sq Ft

48 Days on Market

Highlights

  • Property is near public transit
  • Fenced
  • Heating System Mounted To A Wall or Window
  • No HOA

About This Home

As of July 2017

LOCATION, LOCATION, LOCATION! This wonderful 5 units multifamily is located in the heart of desirable St Pete Beach! Great location for an income producing property, with LOTS of POSSIBILITIES! Only a couple blocks from the beach. Walking distance to downtown, shops, restaurants and Gulf Blvd area. This is a well maintained property, with a great rental history, very easy to rent year around to long term tenants or to do a seasonal/ vacation rentals. All units are 1 bed / 1 bath, currently rented for the same tenants for more than 3 years with month to month leases. Current rent rate for similar units in the area is $950 - $1,050!! ** The property on the back end of the lot (fully rented Triplex) owned by the same seller and can be bought together. Property together with 6875 Blind Pass Rd (MLS: U781848) gives owner approximately 19,576 SqFt/ 0.44 acers lot size. Properties are back to back.

Last Agent to Sell the Property

Yuri Kats

License #3312998 Listed on: 05/12/2017

Last Buyer's Agent

Toni Russell

RUSSELL PROPERTY GROUP LLC License #3239149

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,021

Year Built

  • Built in 1948

Lot Details

  • 11,069 Sq Ft Lot
  • Lot Dimensions are 116x99
  • Fenced

Home Design

  • 2,296 Sq Ft Home
  • Shingle Roof
  • Block Exterior
  • Stucco

Location

  • Property is near public transit

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Legal Lot and Block 4 / 2
  • Assessor Parcel Number 36-31-15-34776-002-0040

Community Details

Overview

  • No Home Owners Association
  • 5 Units
  • Gulfwinds Sub Subdivision

Building Details

  • Operating Expense $12,700
  • Gross Income $57,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,021

Year Built

Built in 1948

Lot Details

0.25 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • Construction Materials: Block, Stucco
  • Living Area: 2296
  • Lot Size Acres: 0.25
  • New Construction: No
  • Year Built: 1948
  • Lease Term: Month To Month
  • Lot Size Sq Ft: 11069
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • RATIO Current Price By Calculate: 195.99
  • Total Acreage: 1/4 Acre to 21779 Sq. Ft.
  • Water Access YN: 0
  • Tax Year: 2016
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Levels: One
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Fence, Other
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Lead Paint
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12103C0276G

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: None

Utilities

  • Utilities: Electricity Connected
  • Cooling: Wall/Window Unit(s)
  • Heating: Electric, Wall Units / Window Unit
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Fee Requirement: None

Lot Info

  • Parcel Number: 36-31-15-34776-002-0040
  • Additional Parcels: No
  • Lot Features: City Limits, Near Public Transit, Paved
  • Lot Dimensions: 116x99
  • Flood Zone Code: AE

Rental Info

  • Total Actual Rent: 4750

Multi Family

  • Gross Income: 57000
  • Number Of Units Total: 5
  • Total Num Buildings: 1
  • Unit Count: 2

Tax Info

  • Tax Annual Amount: 5021
  • Tax Block: 2
  • Tax Book Number: 24-29
  • Tax Lot: 4

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2017
Closed on
Jul 21, 2017
Sold by
Bought by
Seller's Agent
Yuri Kats
Buyer's Agent
Toni Russell
RUSSELL PROPERTY GROUP LLC
List Price
$460,000
Sold Price
$450,000
Premium/Discount to List
-$10,000
-2.17%

Purchase Details

Closed on
Apr 24, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,015,000
Interest Rate
0.041%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 31, 1995
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$750,000 American Home Title Of Tampa
$355,000 Majesty Title Svcs Llc
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $1,015,000
Previous Owner $150,000
Previous Owner $200,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/22/2017 10/22/17 Off Market $450,000 -- --
07/21/2017 07/21/17 Sold $450,000 -2.2% $196 / Sq Ft
06/30/2017 06/30/17 Pending -- -- --
05/12/2017 05/12/17 For Sale $460,000 -- $200 / Sq Ft
Source: Stellar MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $11,348 $550,000 $418,337 $131,663
2024 $10,881 $910,000 $628,200 $281,800
2023 $10,881 $885,000 $639,096 $245,904
2022 $9,679 $750,000 $521,928 $228,072
2021 $8,631 $577,400 $0 $0
2020 $7,380 $432,327 $0 $0
2019 $6,771 $390,000 $219,649 $170,351
2018 $6,151 $345,000 $0 $0
2017 $5,367 $305,000 $0 $0
2016 $5,021 $285,000 $0 $0
2015 $4,645 $255,000 $0 $0
2014 $4,236 $233,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: U7818627

Stellar MLS
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