NOT LISTED FOR SALE

9980 Gulf Blvd Unit 616 Treasure Island, FL 33706

Estimated Value: $611,209

3 Beds
3 Baths
1,315 Sq Ft
$1,851/mo HOA Fee

Last Sold September 28, 2020

Last sale price $450,000 $342 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $5,838/month

382 Days on Market

Highlights

  • 700 Feet of Waterfront
  • Boat Ramp
  • Sailboat Water Access
  • Boca Ciega High School Rated A-
  • Beach View
  • 4-minute walk to Sunset Vista Park

About This Home

As of September 2020

Have you been dreaming of living the beach life? Come home to this penthouse at Island Inn Beach Resort and come home to 350 feet of prime Treasure Island and Sunset Beach. Treasure Island and Sunset Beach are wonderful communities with tons of great restaurants, shops, and community events. For all you beach bums, they are also home to some of the most beautiful beaches in the US. This beachfront jewel is a perfect choice for someone who wants a beach property with substantial rental income to offset the cost of ownership. You will have years of fun getting to know the ins and outs of local dining, entertainment, and leisure activities from one of the most pedestrian friendly areas of Tampa Bay. Do you like long walks on the beach? How about 3.5 miles of uninterrupted beach at your doorstep? If you love fishing and boating, Island Inn has you covered with its own marina including community boat slips and a community fishing pier. This property is turn key and the fees include everything except your contents insurance. There is in house management and staff so the rental process is handled by pros and you have more time to hit the poolside Tiki Bar and Grill for food and libations. 616 is the southernmost Penthouse at Island Inn and affords the most panoramic view of the Gulf coast from Sunset Beach all the way to Egmont Key. The Sellers have made recent capital improvements to maximize rentability and long term value.

Last Agent to Sell the Property

Aaron Bond

ENGEL & VOLKERS TAMPA DOWNTOWN License #3268927 Listed on: 08/17/2019

ENGEL & VOLKERS TAMPA DOWNTOWN

Last Buyer's Agent

Erin Edwards

ENGEL & VOLKERS BELLEAIR License #3297699

ENGEL & VOLKERS BELLEAIR

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,351

Year Built

  • Built in 1976

Lot Details

  • 700 Feet of Waterfront
  • Property fronts gulf or ocean
  • Property fronts an intracoastal waterway
  • Property fronts a public beach
  • Public Beach
  • East Facing Home
  • Condo Land Included

HOA Fees

  • $1,851 Monthly HOA Fees

Property Views

  • Beach
  • Intracoastal
  • City
  • Pool

Home Design

  • Penthouse
  • Slab Foundation
  • Concrete Roof
  • Concrete Siding
  • Pile Dwellings
  • Stucco

Interior Spaces

  • 1,315 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Thermal Windows
  • Blinds
  • Sliding Doors
  • Ceramic Tile Flooring
  • Laundry Located Outside

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Home Security

Parking

  • 20 Carport Spaces
  • Common or Shared Parking
  • Guest Parking
  • Parking Garage Space
  • Open Parking
  • Off-Street Parking

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Outdoor Shower

Outdoor Features

  • Sailboat Water Access
  • Fishing Pier
  • Property is near a marina
  • Seawall
  • No Wake Zone
  • Water Skiing Allowed
  • Balcony
  • Covered Patio or Porch
  • Outdoor Kitchen
  • Exterior Lighting
  • Outdoor Grill

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required
  • Property is near public transit
  • City Lot

Schools

  • Azalea Elementary School
  • Azalea Middle School
  • Boca Ciega High School

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, electricity, escrow reserves fund, insurance, internet, maintenance structure, ground maintenance, maintenance repairs, manager, pest control, pool maintenance, security, sewer, trash, water
  • Charles Park Association, Phone Number (727) 456-8498
  • Island Inn Condos
  • Island Inn Condo Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions
  • Rental Restrictions
  • 6-Story Property

Amenities

  • Laundry Facilities
  • Elevator

Recreation

  • Boat Ramp
  • Boat Dock
  • Community Boat Slip
  • Community Pool
  • Fishing

Pet Policy

  • No Pets Allowed

Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,351

Year Built

Built in 1976

Lot Details

0

HOA Fees

$1,851 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Electricity, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Other, Pest Control, Pool Maintenance, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condo - Hotel
  • Construction Materials: Concrete, Stucco
  • Fireplace: No
  • Living Area: 1315
  • New Construction: No
  • Year Built: 1976
  • Building Area Total: 1315
  • Directions to Property: Gulf Blvd to 9980 Gulf Blvd.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3193133?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3193133?w=Customer
  • Floor Number: 6
  • Homestead Y N: No
  • Total Acreage: Non-Applicable
  • Unit Number Y N: No
  • Property Description: Penthouse
  • Ratio: Close Price\List Price: 0.9018
  • Price per Sq Ft: 342.21
  • Close to Original List Price Ratio: 0.65693
  • Ratio: Current Price\Building Area Total: 342.21
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, Elevator, Solid Surface Counters, Stone Counters, Thermostat
  • Appliances Included: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Foundation Details: Slab, Stilt/On Piling
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: No
  • Stories: 6
  • Window Features: Blinds, Thermal Windows
  • Street Number Modifier: 9980
  • Room Count: 5
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Other Structures: Outdoor Kitchen
  • Pool Features: Gunite, Heated, In Ground
  • Exterior Features: Balcony, Hurricane Shutters, Lighting, Outdoor Grill, Outdoor Shower, Sidewalk, Sliding Doors
  • Roof: Concrete, Other
  • Pool Private: Yes
  • View: City, Pool, Water
  • Water Body Name: Gulf Of Mexico
  • Waterfront: Yes
  • Patio and Porch Features: Covered
  • Road Surface Type: Paved
  • Water View: Beach, Intracoastal Waterway
  • Water Access: Beach - Public
  • Water Extras: Fishing Pier, No Wake Zone, Sailboat Water, Seawall - Concrete, Skiing Allowed
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12103C0194G
  • Waterfront Frontage: 700
  • Water Frontage Feet Beach Pub: 350
  • Additional Water Information: Community marina with boat slips, fishing pier, and additional parking across street from property.
  • Water Frontage Feet Gulf Ocean: 350
  • Disclosures: Condominium Disclosure Available, Lead Paint, Seller Property Disclosure

Garage/Parking

  • Carport Spaces: 20
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Common, Covered, Guest, Off Street, Open, Under Building
  • Covered Parking Spaces: 20
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected, Public, Sewer Available, Sewer Connected, Street Lights
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Community Boat Ramp, Deed Restrictions, Fishing, Pool, Sidewalk, Water Access, Waterfront
  • Association Amenities: Boat Slip, Boat Dock, Elevator(s), Laundry, Maintenance, Pool
  • Association Name: Charles Park
  • Phone: 727-456-8498
  • Association: No
  • Security: Fire Alarm, Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 1851
  • Condo Fees Term: Monthly
  • Association Email: Charles@itrip.net
  • Condo Land Included Y N: Yes
  • Monthly Condo Fee Amount: 1851
  • Complex Community Name NCCB: ISLAND INN
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 22212
  • Total Monthly Fees: 1851

Schools

  • Elementary School: Azalea Elementary-PN
  • High School: Boca Ciega High-PN
  • Middle Or Junior School: Azalea Middle-PN

Lot Info

  • Parcel Number: 26-31-15-43459-000-6160
  • Additional Parcels: No
  • Lot Features: Flood Insurance Required, FloodZone, City Lot, Near Marina, Near Public Transit
  • Flood Zone Code: VE
  • Flood Zone Date: 2003-09-03
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished
  • Pets Allowed: No
  • Minimum Lease: 1-7 Days
  • Approval Process: Buyer to verify. Condo hotel with on site management and staff.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Buyer to verify. Condo hotel with on site management and staff.

Tax Info

  • Tax Annual Amount: 8351.48
  • Tax Block: 1
  • Tax Book Number: 43-61
  • Tax Lot: 6160

Multi Family

  • Waterfront Features: Beach - Public, Gulf/Ocean, Intracoastal Waterway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 6, 2021
Sold by
Geier Daniel J and Geier Stacy
Bought by
9980 Gulf 616 Llc
Current Estimated Value
$611,209

Purchase Details

Listed on
Aug 17, 2019
Closed on
Sep 18, 2020
Sold by
Akri Eliezer
Bought by
Geier Daniel J and Geier Stacy M
Seller's Agent
Aaron Bond
ENGEL & VOLKERS TAMPA DOWNTOWN
Buyer's Agent
Erin Edwards
ENGEL & VOLKERS BELLEAIR
List Price
$685,000
Sold Price
$450,000
Premium/Discount to List
-$235,000
-34.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.23%
Original Mortgage
$337,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2010
Sold by
Taft Theresa E Dallas
Bought by
Akri Eliezer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
4.73%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 11, 2004
Sold by
Taft Theresa E Dallas
Bought by
Taft Theresa E Dallas

Purchase Details

Closed on
Dec 10, 2003
Sold by
Deuker Johanna C and Deuker Robert C
Bought by
Taft Theresa Dallas

Purchase Details

Closed on
Apr 14, 2000
Sold by
Moon Owen W and Moon Maria E K
Bought by
Deuker Robert C and Deuker Johanna C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
8.29%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 27, 1997
Sold by
Island Inn Shores Inc
Bought by
Moon Owen W and Moon Maria E K

Purchase Details

Closed on
Dec 20, 1995
Sold by
Ross Gordon P
Bought by
Island Inn Shores Inc
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
9980 Gulf 616 Llc $100 None Listed On Document
Geier Daniel J $450,000 Attorney
Akri Eliezer $325,000 Affiliated Title Of Tampa Ba
Taft Theresa E Dallas -- --
Taft Theresa Dallas $298,000 Multiple
Deuker Robert C $147,000 --
Moon Owen W $130,000 --
Island Inn Shores Inc $118,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Geier Daniel J $337,500
Previous Owner Akri Eliezer $292,500
Previous Owner Island Inn Shores Inc $99,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2020 09/28/20 Sold $450,000 -9.8% $342 / Sq Ft
09/01/2020 09/01/20 Pending -- -- --
08/05/2020 08/05/20 Price Changed $499,000 -16.1% $379 / Sq Ft
05/16/2020 05/16/20 Price Changed $595,000 -10.5% $452 / Sq Ft
02/07/2020 02/07/20 Price Changed $665,000 -2.9% $506 / Sq Ft
08/16/2019 08/16/19 For Sale $685,000 -- $521 / 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 $9,077 $640,800 -- $640,800
2023 $9,077 $606,485 $0 $606,485
2022 $7,844 $473,364 $0 $473,364
2021 $6,641 $381,000 $0 $0
2020 $8,929 $548,000 $0 $0
2019 $8,351 $521,000 $0 $521,000
2018 $8,497 $607,700 $0 $0
2017 $7,833 $550,000 $0 $0
2016 $7,457 $525,000 $0 $0
2015 $6,012 $350,000 $0 $0
2014 $6,180 $405,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: T3193133

Stellar MLS

APN: 26-31-15-43459-000-6160