NOT LISTED FOR SALE

Estimated Value: $4,507,000 - $7,157,062

6 Beds
6.5 Baths
7,223 Sq Ft
$807/Sq Ft Est. Value

Last Sold June 14, 2019

Last sale price $6,000,000 $831 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $40,319/month

4 Days on Market

Highlights

  • 83 Feet of Waterfront
  • In Ground Pool
  • Bamboo Trees
  • Gorrie Elementary School Rated A-
  • 0.42 Acre Lot
  • Living Room with Fireplace

About This Home

As of June 2019

Open Bay Waterfront on one of the most coveted slivers in Tampa Bay. Welcome to 108 Martinique, your private Villa-style oasis awaits you. From the moment you arrive you are drawn to the sparkling colors of the Bay and incredible resort style pool and outdoor spaces designed for entertaining & play. Imagine Blue Lagoon with water slide, grotto hiding spaces, fire pit at pool’s edge, waterfalls, and West Indies style Cabana with kitchen and a dock cantilevered over the Bay. Inside the home you’ll enjoy fine quality features including rich wood floors, custom cut marble with wavy edges (designed to connect with the Bay) in family room and kitchen areas. Wood paneled office w/ beamed ceilings; substantial millwork, 500+ wine cellar, and elevated ceilings 1st & 2nd level. The floor plan is designed to offer airy entertaining spaces that flow cohesively and connect seamlessly to your outdoor spaces. The Chef’s Kitchen offers a large center island and separate bar, gas cooking, pot filler, butler’s pantry with full walk-in and oversized eating area; the formal areas are comfortably understated. The 6 bedrooms are beautifully sized and include a 1st Floor Bedroom & full bath. The master’s suite is generous with a sitting area overlooking water. Outdoors you’ll find loads of covered lanai and balcony space for relaxing as the Bay breezes sweep by; watch Yacht Club Regattas or the host of Cruise Ships Sweep by weekly as you settle into your own private resort in the Heart of the City. Welcome Home.

Last Listed By

Traci Burns

SMITH & ASSOCIATES REAL ESTATE License #688917 Listed on: 04/22/2019

SMITH & ASSOCIATES REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $56,298

Year Built

  • Built in 2002

Lot Details

  • 0.42 Acre Lot
  • Lot Dimensions are 83x200
  • 83 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • North Facing Home
  • Mature Landscaping
  • Irrigation
  • Bamboo Trees
  • Property is zoned RS-75

Parking

  • 3 Car Attached Garage
  • Split Garage
  • Side Facing Garage
  • Garage Door Opener
  • Circular Driveway
  • Secured Garage or Parking
  • On-Street Parking
  • Open Parking

Home Design

  • Spanish Architecture
  • Bi-Level Home
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 7,223 Sq Ft Home
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Thermal Windows
  • Shades
  • Blinds
  • Drapes & Rods
  • French Doors
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Den
  • Inside Utility
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Range with Range Hood
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Security Lights
  • Security Fence, Lighting or Alarms
  • Fire and Smoke Detector
  • In Wall Pest System

Pool

  • In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Saltwater Pool
  • Outdoor Shower
  • Pool Lighting

Outdoor Features

  • Water Access
  • Balcony
  • Covered patio or porch
  • Outdoor Kitchen
  • Exterior Lighting
  • Gazebo
  • Outdoor Grill

Location

  • Flood Zone Lot
  • City Lot

Schools

  • Gorrie Elementary School
  • Wilson Middle School
  • Plant High School

Utilities

  • Zoned Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • Davis Islands Rep Subdivision
  • The community has rules related to allowable golf cart usage in the community

Recreation

  • Community Playground
  • Community Pool
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$56,298

Year Built

Built in 2002

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Spanish/Mediterranean
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 7223
  • Lot Size Acres: 0.42
  • New Construction: No
  • Year Built: 2002
  • Building Area Total: 9183
  • Lot Size Sq Ft: 18064
  • Directions to Property: From Kennedy, S on Hyde Park Ave, across DI Bridge, stay R on W. Davis Blvd, R on Lucerne, R on Martinique, Home on L
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=T3169701&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=T3169701&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.97561
  • Price per Sq Ft: 830.68
  • Close to Original List Price Ratio: 0.97561
  • Ratio: Current Price\Building Area Total: 653.38
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Gas, Living Room
  • Living Area Units: Square Feet
  • Flooring: Carpet, Marble, Tile, Hardwood
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Eating Space In Kitchen, High Ceiling(s), In Wall Pest System, Kitchen/Family Room Combo, Solid Surface Counters, Split Bedroom, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Freezer, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 6
  • Levels: Two
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Window Features: Blinds, Drapes, Rods, Shades, Thermal Windows
  • Street Number Modifier: 108
  • Room Count: 14
  • Additional Rooms: Den/Library/Office, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: North
  • Other Structures: Gazebo, Outdoor Kitchen
  • Pool Features: Gunite, In Ground, Lighting, Salt Water
  • Exterior Features: Balcony, French Doors, Irrigation System, Lighting, Outdoor Grill, Outdoor Shower
  • Roof: Tile
  • Pool Private: Yes
  • View: Water
  • Water Body Name: Hillsborough Bay
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Front Porch, Rear Porch
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12057C0362H
  • Waterfront Frontage: 83
  • Water Frontage Feet Bay Harbor: 83

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Garage Door Opener, Garage Faces Side, On Street, Split Garage
  • Covered Parking Spaces: 3
  • Open Parking: Yes

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Natural Gas Available, Sprinkler Meter, Street Lights
  • Cooling: Central Air
  • Heating: Central, Zoned
  • Laundry Features: Inside, Laundry Room, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Golf Carts OK, Park, Playground, Pool, Water Access, Waterfront
  • Association: No
  • Security: Security Fencing/Lighting/Alarms, Secured Garage/Parking, Security Lights, Security System, Security System Owned, Smoke Detector(s)
  • Senior Community: No
  • Association Approval Required YN: No

Schools

  • Elementary School: Gorrie-HB
  • High School: Plant-HB
  • Middle Or Junior School: Wilson-HB

Lot Info

  • Zoning: RS-75
  • Parcel Number: A-36-29-18-4J6-A00000-00001.0
  • Additional Parcels: No
  • Lot Features: FloodZone, City Lot
  • Lot Dimensions: 83x200
  • Flood Zone Code: VE
  • Flood Zone Date: 2008-08-28
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 56298
  • Tax Block: 50
  • Tax Book Number: 31-90
  • Tax Lot: 1

Multi Family

  • Waterfront Features: Bay/Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2019
Closed on
Jun 14, 2019
Sold by
Bailey Cristina Rivera
Bought by
Clayman Gary L and Clayman Milky
Seller's Agent
Traci Burns
SMITH & ASSOCIATES REAL ESTATE
Buyer's Agent
Jennifer Zales
COLDWELL BANKER REALTY
List Price
$6,150,000
Sold Price
$6,000,000
Premium/Discount to List
-$150,000
-2.44%
Total Days on Market
4
Current Estimated Value
$5,832,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$167,969
Avg. Annual Appreciation
1.01%
Original Mortgage
$4,800,000
Outstanding Balance
$4,212,557
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,151,478

Purchase Details

Closed on
May 17, 2001
Sold by
Garrison Joan K
Bought by
Donald C Hughes General Contra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,400,000
Interest Rate
6.98%
Mortgage Type
New Conventional

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
Clayman Gary L $6,000,000 Bayshore Title
Donald C Hughes General Contra $1,350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clayman Gary L $4,800,000
Previous Owner Bailey Kent $1,475,000
Previous Owner Bailey R Kent $417,000
Previous Owner Bailey R Kent $500,000
Previous Owner Bailey R Kent $1,117,000
Previous Owner Bailey R Kent $500,000
Previous Owner Bailey Ryan Kent $2,200,000
Previous Owner Donald C Hughes General Contra $2,400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2019 06/14/19 Sold $6,000,000 -2.4% $831 / Sq Ft
04/26/2019 04/26/19 Pending -- -- --
04/22/2019 04/22/19 For Sale $6,150,000 -- $851 / 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 $93,210 $5,130,434 -- --
2023 $93,210 $4,873,117 $0 $0
2022 $91,029 $4,731,182 $0 $0
2021 $90,190 $4,593,381 $0 $0
2020 $89,536 $4,529,962 $0 $0
2019 $56,531 $2,843,067 $0 $0
2018 $56,298 $2,790,056 $0 $0
2017 $55,604 $3,629,575 $0 $0
2016 $54,096 $2,672,518 $0 $0
2015 $54,557 $2,653,940 $0 $0
2014 $54,340 $2,632,877 $0 $0
2013 -- $2,496,971 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Stellar MLS

MLS Number: T3169701

Stellar MLS

APN: A-36-29-18-4J6-A00000-00001.0