NOT LISTED FOR SALE

Sunset Chateau 8470 W Gulf Blvd Unit 502 Treasure Island, FL 33706

Estimated Value: $399,000 - $616,000

1 Bed
1 Bath
590 Sq Ft
$386/mo HOA Fee

Last Sold August 10, 2022

Last sale price $559,000 $947 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $3,533/month

3 Days on Market

Highlights

  • 500 Feet of Waterfront
  • Water access To Gulf or Ocean
  • Full Gulf or Ocean Views
  • Boca Ciega High School Rated A-
  • Private Pool
  • 1.21 Acre Lot

About This Home

As of August 2022

LOCATION, LOCATION, LOCATION!! AMAZING INCOME POTENTIAL with SHORT-TERM RENTALS ALLOWED! This fully furnished 1/1 on the 5th floor offers daily sunsets from your balcony directly overlooking the Gulf of Mexico and the white sugary sand beaches! There are very few opportunities to purchase in the highly sought-after Sunset Chateau. LOW LOW HOA of $386/month which includes a heated beachside pool, beachside barbeque grills, and under-building parking. FULLY remodeled with granite counters in the kitchen and bath, a large breakfast bar with separate dining area, stainless steel appliances, wood plank tile floors throughout, plantation shutters, and a brand new AC....years of maintenance-free enjoyment for yourself, as well as amazing income opportunities for lucrative short term rentals! Walking distance to many of the area's most unique restaurants, bars, and shopping. This is truly a once-in-a-lifetime opportunity to own a vacation home in one of the most desirable and popular beach communities....Sunset Beach.... AND have the ability to rent it out as well. Don't let this one go. Schedule your private showing today!

Last Agent to Sell the Property

Lori Citek

EXP REALTY LLC License #3456711 Listed on: 07/17/2022

EXP REALTY LLC

Co-Listed By

Lisa Genzer

EXP REALTY LLC License #3255726

Last Buyer's Agent

Lori King

BHHS FLORIDA PROPERTIES GROUP License #3031713

BHHS FLORIDA PROPERTIES GROUP

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,011

Year Built

  • Built in 1974

Lot Details

  • 500 Feet of Waterfront
  • Property fronts gulf or ocean
  • West Facing Home
  • Condo Land Included

HOA Fees

  • $386 Monthly HOA Fees

Home Design

  • Membrane Roofing
  • Built-Up Roof
  • Block Exterior
  • Pile Dwellings
  • Stucco

Interior Spaces

  • 590 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Window Treatments
  • Combination Dining and Living Room
  • Ceramic Tile Flooring

Kitchen

  • Range
  • Microwave
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • Ground Level Parking
  • Guest Parking
  • Parking Garage Space

Pool

  • Private Pool
  • Outdoor Shower

Outdoor Features

  • Water access To Gulf or Ocean
  • Exterior Lighting
  • Outdoor Grill

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, ground maintenance, pool maintenance, sewer, trash, water
  • Qualified Property Management Association, Phone Number (727) 869-9700
  • Sunset Chateau Condo Subdivision
  • Rental Restrictions

Amenities

  • Elevator

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,011

Year Built

Built in 1974

Lot Details

0

HOA Fees

$386 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Maintenance Grounds, Pool Maintenance, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 590
  • Lot Size Acres: 1.21
  • New Construction: No
  • Year Built: 1974
  • Lot Size Sq Ft: 52871
  • Directions to Property: Take 5th Ave N, Central Ave N and Treasure Island Causeway to 104th Ave in Treasure Island Follow 104th Ave to Gulf Blvd Turn left onto Gulf Blvd Turn right onto W Gulf Blvd Building is on the right Gulf side
  • Status: Sold
  • Street Direction: W
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8170345?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8170345?w=Customer
  • Floor Number: 5
  • Homestead Y N: No
  • Total Acreage: 1 to less than 2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 947.46
  • Close to Original List Price Ratio: 1
  • View: No
  • Co List Office Mls Id: 261010944
  • Co List Office Phone: 888-883-8509
  • Ownership: Condominium
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Stone Counters, Window Treatments
  • Appliances Included: Disposal, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 1
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 8470
  • Room Count: 3

Exterior Features

  • Direction Faces: West
  • Exterior Features: Lighting, Outdoor Grill, Outdoor Shower, Sidewalk
  • Roof: Built-Up, Membrane
  • Pool Private: Yes
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Water View: Gulf/Ocean - Full
  • Water Access: Gulf/Ocean
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Waterfront Frontage: 500
  • Water Frontage Feet Gulf Ocean: 500

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Covered, Ground Level, Guest, Under Building
  • Open Parking: No

Utilities

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

Condo/Co-op/Association

  • Community Features: Pool, Sidewalk
  • Association Fee Frequency: Monthly
  • Association Name: Qualified Property Management
  • Phone: 727-869-9700
  • Association: Yes
  • Senior Community: No
  • Condo Fees: 386
  • Condo Fees Term: Monthly
  • Condo Land Included Y N: Yes
  • Monthly Condo Fee Amount: 386
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 4632
  • Total Monthly Fees: 386

Lot Info

  • Parcel Number: 36-31-15-87669-000-5020
  • Additional Parcels: No
  • Flood Zone Code: VE

Rental Info

  • Pets Allowed: No
  • Minimum Lease: 1-7 Days
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Please check with the Management Company for current lease restrictions

Tax Info

  • Tax Annual Amount: 5011.16
  • Tax Block: 000
  • Tax Book Number: 18-44
  • Tax Lot: 312

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2022
Closed on
Aug 10, 2022
Sold by
Futch Jr John W and Futch Angie J
Bought by
Michael B Powers Revocable Living Trust
Seller's Agent
Lori Citek
EXP REALTY LLC
Buyer's Agent
Lori King
BHHS FLORIDA PROPERTIES GROUP
List Price
$559,000
Sold Price
$559,000
Current Estimated Value
$472,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$86,349
Avg. Annual Appreciation
-5.09%
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 Buyer Sale Price Title Company
Michael B Powers Revocable Living Trust $559,000 Compass Land & Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/10/2022 08/10/22 Sold $559,000 0.0% $947 / Sq Ft
07/21/2022 07/21/22 Pending -- -- --
07/17/2022 07/17/22 For Sale $559,000 -- $947 / 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 $7,791 $508,306 -- $508,306
2023 $7,791 $473,525 $0 $473,525
2022 $5,456 $362,625 $0 $362,625
2021 $5,011 $296,687 $0 $0
2020 $4,541 $264,693 $0 $0
2019 $4,125 $233,866 $0 $233,866
2018 $3,965 $245,160 $0 $0
2017 $3,552 $208,674 $0 $0
2016 $3,182 $175,276 $0 $0
2015 $3,344 $186,248 $0 $0
2014 $2,973 $158,915 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: U8170345

Stellar MLS

APN: 36-31-15-87669-000-5020