NOT LISTED FOR SALE

Estimated Value: $862,000 - $1,154,000

2 Beds
2 Baths
1,221 Sq Ft
$660/mo HOA Fee

Last Sold September 17, 2018

Last sale price $610,000 $500 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $7,015/month

4 Days on Market

Highlights

  • 200 Feet of Waterfront
  • Beach View
  • Public Beach
  • Anona Elementary School Rated A-
  • Water access To Gulf or Ocean
  • Heated Spa

About This Home

As of September 2018

The Ocean Way is the only way to experience Gulf front living in beautiful Indian Rocks Beach. This fully furnished corner penthouse allows for wide open views of the shimmering Gulf of Mex-ico and that soft, white sand that keeps visitors clamoring for what is affectionately called IRB. An abundance of excellent restaurants are within walking distance and a short drive off the is-land to Belleair or Largo leads to an impressive amount of options for the necessities. Overlook-ing the swaying dunes is a heated pool, spa, and BBQ deck to make that beach day last even longer. An elevator is conveniently located steps away from the front door making the trek to the beach or car an easy and hassle free commute. A large modern kitchen, nicely appointed with wood cabinets, beachy white appliances and a washer and dryer make for a comfortable home away from home. The top floor penthouse also affords skylights and volume ceilings enhancing the open and airy feel. Spanning the length of the unit, the Gulf front balcony is easily the place where you will spend your time listening to the waves crash, the dolphins splash, and the shore-birds calling out. No need to worry about where to leave the family pet, dogs up to 50 lbs are welcome to enjoy the view as well. Excellent rental income and glowing five star reviews this unit could provide your beach vacation dreams and an income at the same time.

Last Agent to Sell the Property

Karl Moeller

COASTAL PROPERTIES GROUP License #3037655 Listed on: 08/14/2018

COASTAL PROPERTIES GROUP

Last Buyer's Agent

Frank Ambrosio

THE AMBROSIO GROUP License #3013746

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,996

Year Built

  • Built in 2004

Lot Details

  • 200 Feet of Waterfront
  • Property fronts gulf or ocean
  • Public Beach
  • End Unit
  • Mature Landscaping
  • Irrigation

HOA Fees

  • $660 Monthly HOA Fees

Parking

  • 1 Carport Space

Property Views

  • Beach
  • Full Gulf or Ocean

Home Design

  • Built-Up Roof
  • Pile Dwellings
  • Stucco

Interior Spaces

  • 1,221 Sq Ft Home
  • 4-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Skylights
  • Drapes & Rods
  • Blinds
  • Sliding Doors
  • Combination Dining and Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Pool

  • Heated Spa
  • Gunite Pool

Outdoor Features

  • Water access To Gulf or Ocean
  • Balcony
  • Deck
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, sewer, trash, water
  • Oceanway Condo Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Amenities

  • Elevator

Recreation

  • Community Pool

Pet Policy

  • Pet Size Limit
  • 2 Pets Allowed
  • Small pets allowed

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,996

Year Built

Built in 2004

Lot Details

0

HOA Fees

$660 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 1221
  • Lot Size Acres: 0.62
  • New Construction: No
  • Year Built: 2004
  • Lot Size Sq Ft: 26970
  • Directions to Property: Gulf Blvd. to Oceanway Condo on Gulf Side
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=U8014268&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=U8014268&cview=true&show_results=true&customer_portal=true
  • Floor Number: 4
  • Homestead Y N: No
  • Number Of Pets: 2
  • Total Acreage: 1/2 to less than 1
  • Unit Number Y N: No
  • Property Description: Corner Unit, End Unit
  • Ratio: Close Price\List Price: 0.98546
  • Price per Sq Ft: 499.59
  • Close to Original List Price Ratio: 0.98546
  • View: No
  • Ownership: Condominium
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Laminate
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Skylight(s), Stone Counters, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 2
  • Levels: One
  • Spa Features: Heated
  • Spa Yn: Yes
  • Stories: 4
  • Window Features: Blinds, Drapes
  • Room Count: 5
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Pool Features: Gunite, Heated
  • Exterior Features: Balcony, Irrigation System, Sliding Doors
  • Roof: Built-Up
  • Pool Private: No
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Water View: Beach, Gulf/Ocean - Full
  • Water Access: Beach - Public, Gulf/Ocean
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12103C0113G
  • Waterfront Frontage: 200
  • Water Frontage Feet Beach Pub: 100
  • Water Frontage Feet Gulf Ocean: 100

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Assigned, Under Building
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

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

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Pool, Water Access, Waterfront
  • Association Amenities: Elevator(s), Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Security: Fire Sprinkler System, Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 660
  • Condo Fees Term: Monthly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 660
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 7920
  • Total Monthly Fees: 660

Lot Info

  • Parcel Number: 01-30-14-63736-000-4010
  • Additional Parcels: No
  • Lot Features: In County
  • Flood Zone Code: VE
  • Flood Zone Date: 2003-09-03
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Size Limit
  • Pet Size: Small (16-35 Lbs.)
  • Minimum Lease: 1 Week
  • Approval Process: See attachments.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Association Approval of Buyer.

Tax Info

  • Tax Annual Amount: 8996
  • Tax Block: 63736
  • Tax Book Number: 133-57
  • Tax Lot: 4010

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 20, 2023
Sold by
G & H Property Management Llc
Bought by
B & B Gulf Front Properties Llc
Current Estimated Value
$963,946

Purchase Details

Closed on
Mar 26, 2021
Sold by
Waters William Guy and Waters Heather A
Bought by
G & H Property Management Llc

Purchase Details

Closed on
Sep 11, 2020
Sold by
Olney Ralph E and Olney Beverly E
Bought by
Waters William Guy and Waters Heather A

Purchase Details

Listed on
Aug 14, 2018
Closed on
Sep 14, 2018
Sold by
Woods Douglas and Woods Barbara
Bought by
Olney Ralph E and Olney Beverly E
Seller's Agent
Karl Moeller
COASTAL PROPERTIES GROUP
Buyer's Agent
Frank Ambrosio
THE AMBROSIO GROUP
List Price
$619,000
Sold Price
$610,000
Premium/Discount to List
-$9,000
-1.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.77%
Original Mortgage
$427,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 1, 2016
Bought by
Woods Douglas

Purchase Details

Closed on
Sep 22, 2004
Sold by
Oceanway Development Llc
Bought by
Buonodono Larry R and Buonodono Rebecca A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$423,900
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
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
B & B Gulf Front Properties Llc $997,000 Republic Land & Title
G & H Property Management Llc -- Attorney
Waters William Guy $692,000 Coastline Title Of Pinellas
Olney Ralph E $610,000 Platinum National Title Llc
Woods Douglas $555,000 --
Buonodono Larry R $529,900 Title Agency Of Florida
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Olney Ralph E $427,000
Previous Owner Buonodono Larry R $423,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2018 09/17/18 Sold $610,000 -1.5% $500 / Sq Ft
08/15/2018 08/15/18 Pending -- -- --
08/11/2018 08/11/18 For Sale $619,000 -- $507 / 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 $13,728 $845,295 -- $845,295
2023 $13,728 $854,765 $0 $854,765
2022 $12,096 $765,065 $0 $765,065
2021 $10,728 $640,019 $0 $0
2020 $9,348 $545,880 $0 $0
2019 $9,018 $520,450 $0 $520,450
2018 $8,882 $513,448 $0 $0
2017 $8,996 $508,190 $0 $0
2016 $8,190 $469,576 $0 $0
2015 $7,626 $418,768 $0 $0
2014 $6,865 $364,843 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Stellar MLS

MLS Number: U8014268

Stellar MLS

APN: 01-30-14-63736-000-4010