NOT LISTED FOR SALE

Estimated Value: $382,732 - $427,000

1 Bed
1 Bath
768 Sq Ft
$900/mo HOA Fee

Last Sold May 25, 2021

Last sale price $242,000 $315 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $3,892/month

38 Days on Market

Highlights

  • Ocean Front
  • Furnished
  • Elevator
  • Fitness Center
  • Community Pool
  • Cooling Available

About This Home

As of May 2021

PRICE IMPROVEMENT! Unusual opportunity for investors! This beautiful Oceanfront turn-key unit can be rented for a minimum 2 nights. You can self-manage or use the services of the on-site management company. Airbnb, VRBO rentals are common. The unit is on the ground floor - preferred by families as it is a walk out to the oceanfront, pool and gardens. HOA includes ALL UTILITIES: electric, water, sewer, trash, cable, and internet. The roof was replaced in 2021. The building is attached to Shuckers - a beachfront restaurant. This unit already has $40,000.00 booked in rentals during the next 2 years.

Last Listed By

Mitchell White

EXP Realty LLC License #3453607 Listed on: 03/17/2021

EXP Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,241

Year Built

  • Built in 1975

Lot Details

  • Ocean Front

HOA Fees

  • $900 Monthly HOA Fees

Interior Spaces

  • 768 Sq Ft Home
  • 4-Story Property
  • Furnished
  • Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Cooling Available
  • Heating Available
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 450250400070009

Community Details

Overview

  • Association fees include management, common areas, cable TV, electricity, insurance, laundry, ground maintenance, parking, pool(s), recreation facilities, reserve fund, roof, sewer, trash, water
  • Island Beach Club, A Cond Subdivision

Amenities

  • Laundry Facilities
  • Elevator

Recreation

  • Fitness Center

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,241

Year Built

Built in 1975

Lot Details

0

HOA Fees

$900 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: From US1/Monterey Rd: Head East onto FL-714 E/SE Monterey Rd, Turn right onto Florida A1A N/SE Ocean Blvd, At the traffic circle, continuestraight onto Florida A1A N/S Ocean Dr, Destination on right.
  • Year Built: 1975
  • Entry Level: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Furnished: Furnished
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Other, Tile
  • Living Area: 768.0
  • Stories: 4

Exterior Features

  • View: Ocean
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Construction Type: Block, Other
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No

Utilities

  • Laundry Features: Common Area
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 900.0
  • Community Features: Non-Gated, Property Manager On-Site, Pool, Street Lights, Sidewalks
  • Senior Community: No
  • Amenities: Fitness Center, Laundry, Management, Pool, Trash, Elevator(s)
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Electricity, Insurance, Laundry, Maintenance Grounds, Other, Parking, Pool(s), Recreation Facilities, Reserve Fund, Roof, Sewer, Trash, Water

Lot Info

  • Parcel #: 450250400070009
  • Zoning Description: Res

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 3241.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2021
Closed on
May 18, 2021
Sold by
Peg & Ray Ltd
Bought by
Castro Ramon and Gocal Beata
Seller's Agent
Mitchell White
EXP Realty LLC
Buyer's Agent
Isabella Scott
Coldwell Banker Realty
List Price
$245,900
Sold Price
$242,000
Premium/Discount to List
-$3,900
-1.59%
Total Days on Market
38
Current Estimated Value
$404,183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,183
Avg. Annual Appreciation
13.98%

Purchase Details

Closed on
Apr 10, 2017
Sold by
Fink Donald R and Fink Janice E
Bought by
Peg & Ray Ltd Part

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
4.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 1, 1904
Sold by
Dunlavy Mary Lee
Bought by
Fink Donald R and Fink Janice E

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
Castro Ramon $242,000 Attorney
Peg & Ray Ltd Part $180,000 Attorney
Fink Donald R $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Peg & Ray Ltd Part $144,000
Previous Owner Peg And Ray Ltd $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2024 09/24/24 Price Changed $395,000 -4.8% $633 / Sq Ft
01/30/2024 01/30/24 Price Changed $415,000 -3.3% $665 / Sq Ft
10/29/2023 10/29/23 For Sale $429,000 +77.3% $688 / Sq Ft
05/25/2021 05/25/21 Sold $242,000 -1.6% $315 / Sq Ft
04/25/2021 04/25/21 Pending -- -- --
03/17/2021 03/17/21 For Sale $245,900 -- $320 / Sq Ft
Source: BeachesMLS

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 $4,614 $328,900 -- $328,900
2023 $4,614 $267,100 $0 $267,100
2022 $3,925 $195,700 $0 $195,700
2021 $3,622 $175,400 $0 $175,400
2020 $3,241 $156,300 $0 $156,300
2019 $3,473 $156,300 $0 $156,300
2018 $3,352 $156,300 $0 $156,300
2017 $2,986 $136,300 $0 $136,300
2016 $3,149 $135,100 $0 $135,100
2015 $2,988 $126,100 $0 $126,100
2014 $2,684 $109,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: BeachesMLS

MLS Number: R10700515

BeachesMLS

APN: 45-02-504-0007-0009