D
Seller's Agent in 2023
Dave Wonsick
MURPHY REALTY
(727) 686-6229
3 in this area
33 Total Sales
6901 Sunset Way St. Pete Beach, FL 33706
Estimated Value: $5,225,209
--
Bed
13
Baths
6,612
Sq Ft
$790/Sq Ft
Est. Value
Highlights
- Gunite Pool
- Cathedral Ceiling
- No HOA
- Boca Ciega High School Rated A-
- Solid Surface Countertops
- Zoned Heating System
About This Home
As of April 2023Life is a beach now come live it. This resort is a must see just a 150 yards from the beach !!!! Have you every dreamed of owning your own turn key boutique motel on St Pete Beach the number one beach ranked on TripAdvisor. Well dreams can come true if you can move fast. The Villas consist of 12 amazing yet distinct Villas. 1 two bedroom 2 bath Villa, 5 One bedroom units with full kitchens, 5 efficiencies with full kitchens and 1 micro efficiency with mini frig. The Villas has had an extreme make over within the past few years to make it an all new 5 star resort. Updated kitchens with white and grey shaker cabinets and granite/quartz countertops. Updated bathrooms in all the Villas with beautiful turquoise and while color tile. Updated interior and exterior painting along with beachy style plank flooring, updated plumbing and electrical fixtures, just too many updates to list. Every unit has been custom designed and decorated with the most amazing beach styles. The pool area is expansive and boast tropical palm trees, tons of outdoor furniture 2 cozy cabanas and an outdoor grill. The pool itself has been updated with custom pavers and a resort style spill out dolphin. There are even beach bikes to rent along with a guest laundry area, everything is here for the guest to have the perfect beach get-a-way. The location is beyond perfect right next to the beach with some Villas having gulf views and it is within walking distance to so many wonderful beach restaurants, bars. shopping and nightlife. Words can not describe how nice these rooms and resort is so it is best to see it on it 's website thevillasatstpetebeach.com where you can view and book rooms online. Best of all this dream comes with a current cap rate of over 9 percent The numbers are beyond belief making this a true turn key business. It's all in place nothing to do but collect the rental fees. The Villas has a motel license which allows short term daily rentals. No detail has been missed and no expense has been spared to make this resort the perfect investment you will be proud to own.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $23,562
Year Built
- Built in 1951
Lot Details
- 0.38 Acre Lot
- Lot Dimensions are 50x100
Home Design
- Bi-Level Home
- Block Foundation
- Built-Up Roof
- Concrete Siding
Interior Spaces
- 6,612 Sq Ft Home
- Cathedral Ceiling
- Ceiling Fan
- Solid Surface Countertops
Outdoor Features
- Gunite Pool
- Exterior Lighting
Utilities
- Mini Split Air Conditioners
- Zoned Heating System
- Cable TV Available
Community Details
- No Home Owners Association
- 4 Buildings
- 12 Units
- Beach Plaza Sec Of St Pete Beach Subdivision
Listing and Financial Details
- Legal Lot and Block 20 / 2
- Assessor Parcel Number 36-31-15-05940-002-0010
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 8, 2023
Closed on
Apr 17, 2023
Sold by
St Pete Beach Investments Llc
Bought by
Sj Beach Properties Llc
Seller's Agent
Dave Wonsick
MURPHY REALTY
Buyer's Agent
Lanika Schaefer
EXIT BAYSHORE REALTY
List Price
$5,800,000
Sold Price
$5,700,000
Premium/Discount to List
-$100,000
-1.72%
Views
52
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$474,791
Avg. Annual Appreciation
-3.39%
Purchase Details
Closed on
Jan 21, 2022
Sold by
St Pete Beach Suites Llc
Bought by
St Pete Beach Investments Llc
Purchase Details
Closed on
Jul 5, 2018
Sold by
Ball Alan
Bought by
St Pete Beach Suites Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,750,000
Interest Rate
4.5%
Mortgage Type
Construction
Purchase Details
Closed on
Mar 19, 2008
Sold by
Ball Alan F and Ball Barbara J
Bought by
Ball Alan and Ball Barbara J
Purchase Details
Closed on
Oct 20, 2000
Sold by
Armstrong John S and Armstrong Hazel E
Bought by
Ball Allan F and Ball Barbara S
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sj Beach Properties Llc | $5,700,000 | Title Exchange | |
| St Pete Beach Investments Llc | $3,850,000 | American National Title | |
| St Pete Beach Suites Llc | -- | Title Agency Of Florida | |
| St Pete Beach Suites Llc | $1,275,000 | Fidelity National Title Of F | |
| Ball Alan | -- | Attorney | |
| Ball Allan F | $505,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | St Pete Beach Suites Llc | $3,750,000 | |
| Closed | Ball Allan F | $0 | |
| Closed | Ball Allan F | $395,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/17/2023 04/17/23 | Sold | $5,700,000 | -1.7% | $862 / Sq Ft |
| 03/13/2023 03/13/23 | Pending | -- | -- | -- |
| 03/08/2023 03/08/23 | For Sale | $5,800,000 | -- | $877 / Sq Ft |
Source: Stellar MLS
Tax History Compared to Growth
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 | $52,221 | $4,500,000 | $3,329,603 | $1,170,397 |
| 2023 | $52,221 | $3,275,000 | $2,230,064 | $1,044,936 |
| 2022 | $23,562 | $2,000,000 | $1,447,124 | $552,876 |
| 2021 | $17,464 | $1,000,000 | $0 | $0 |
| 2020 | $20,119 | $1,150,000 | $0 | $0 |
| 2019 | $18,458 | $1,035,000 | $751,875 | $283,125 |
| 2018 | $10,793 | $627,672 | $0 | $0 |
| 2017 | $10,326 | $594,407 | $0 | $0 |
| 2016 | $9,886 | $563,468 | $0 | $0 |
| 2015 | $9,300 | $523,995 | $0 | $0 |
| 2014 | $8,957 | $507,422 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Dave Wonsick
-
Lanika Schaefer
Buyer's Agent in 2023
Lanika Schaefer
EXIT BAYSHORE REALTY
(813) 839-6869
1 in this area
74 Total Sales
Map
Source: Stellar MLS
MLS Number: U8193105
APN: 36-31-15-05940-002-0010
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.
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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