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Sold for $535,000
  • $535,000

    12240 GULF BOULEVARD #1, TREASURE ISLAND, FL 33706

    2beds
    630sqft
    Hotel/Motel, Condominium
    Built in 1950
    -- sqft lot
    $384,000 Zestimate®
    $849/sqft
    $2,030 Estimated rent

    Home value

    $384,000

    $338,000 - $430,000

    $2,030/mo

    Zestimate® history
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    What's special

    Extra storageCovered patio areaNew kitchenNew kitchen appliancesLaundry roomSugar sand beachesNewer roof
    Location, location, location. Step inside this light, bright quintessential cash cow cottage just a frisbee toss away from the sugar sand beaches of Treasure Island, FL - one of the top beaches in the USA. There have been several significant upgrades completed such as a newer roof, new kitchen, new kitchen appliances, refinished tile floors, plantation shutters, newer water heater & the list goes on and on. The original sugar pine hardwood floors are easy on the eyes and a favorite of all of the guests! The current owners have taken impeccable care of their "Pride and Joy" cottage and they have rented this home out via VRBO. Gross revenues last year were about 40k with an average nightly rent of about $169/ night in off-season (which is below market rates) and $179/ night in season (which is below market rates) with NO minimum stay. VRBO #210601 for reference. Property is nearly 80% + rented out until June 2024 $$$!The community features a laundry room (included in HOA fee's) sun deck, covered patio area for lounging or meals, beach, extra storage, 1 designated parking spot, 3 guest parking spaces and is a 1-minute walk to the beach! The HOA fee includes cable, water, trash, sewer, and exterior maintenance. This unit has been smoke-free and pet free! 10-minute walk to John's pass, 15-minute drive to DTSP, 30-minute drive to TPA & DT Tampa! We have the keys...!

    Zillow last checked:

    Listing updated:

    Listed by:

    Jac Smith 908-451-5907,

    KELLER WILLIAMS ST PETE REALTY 727-894-1600

    Bought with:

    Non-Member Agent

    STELLAR NON-MEMBER OFFICE

    Source: Stellar MLS,MLS#: U8202910MLS LogoOriginating MLS: Pinellas Suncoast

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Primary bedroom
    • Level: First
    • Dimensions: 10x10
    Bedroom 2
    • Level: First
    • Dimensions: 10x10
    Kitchen
    • Level: First
    • Dimensions: 7x9
    Living room
    • Level: First
    • Dimensions: 15x10
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Microwave, Range, Refrigerator
    Features
    • Ceiling Fan(s)
    • Flooring: Tile, Hardwood
    • Windows: Window Treatments
    • Has fireplace: No
    Interior area
    • Total structure area: 630
    • Total interior livable area: 630 sqft

    Property

    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Lighting, Sidewalk, Storage
    Lot
    • Size: 7,850 Square Feet
    Details
    • Parcel number: 223115345130000010
    • Special conditions: None

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Hotel/Motel, Condominium
    Materials
    • Vinyl Siding
    • Foundation: Crawlspace
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1950

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Public

    Community & HOA

    Community
    • Features: Golf Carts OK, Sidewalks
    • Pet fee: $0 monthly
    • Subdivision: GULF SOUNDS ON TREASURE ISLAND CONDO-HOTEL
    HOA
    • Has HOA: Yes
    • Services included: Cable TV, Insurance, Sewer, Trash, Water
    • HOA fee: $625 monthly
    • HOA name: Gulf Sounds
    Location
    • Region: Treasure Island

    Financial & listing details

    • Price per square foot: $849/sqft
    • Tax assessed value: $338,705
    • Annual tax amount: $3,528
    • Date on market: 6/9/2023
    • Cumulative days on market: 46 days
    • Listing terms: Cash,Conventional
    • Ownership: Condominium
    • Total actual rent: 0
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    9/5/2023Sold$535,000$849/sqft
    Source: Stellar MLS #U8202910 Report a problem
    7/29/2023Pending sale$535,000$849/sqft
    Source: Stellar MLS #U8202910 Report a problem
    7/14/2023Price change$535,000-4.4%$849/sqft
    Source: Stellar MLS #U8202910 Report a problem
    7/7/2023Price change$559,888-2.6%$889/sqft
    Source: Stellar MLS #U8202910 Report a problem
    6/19/2023Price change$575,000-4%$913/sqft
    Source: Stellar MLS #U8202910 Report a problem
    6/9/2023Listed for sale$599,000-0.1%$951/sqft
    Source: Stellar MLS #U8202910 Report a problem
    6/9/2022Listing removed--
    Source: Stellar MLS #U8156735 Report a problem
    5/5/2022Price change$599,888-4%$952/sqft
    Source: Stellar MLS #U8156735 Report a problem
    4/15/2022Listed for sale$625,000$992/sqft
    Source: Stellar MLS #U8156735 Report a problem
    4/5/2022Listing removed--
    Source: Stellar MLS #U8156735 Report a problem
    3/29/2022Listed for sale$625,000+380.8%$992/sqft
    Source: Stellar MLS #U8156735 Report a problem
    5/15/2012Sold$130,000$206/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,606 -13.2%$338,705 -15.4%
    2024$6,461 +68.6%$400,286 +71.8%
    2023$3,833 +1.4%$232,942 +4.6%
    2022$3,780 +7.1%$222,688 +10%
    2021$3,529 +5%$202,444 +5.4%
    2020$3,361 +0.4%$192,142 +1.3%
    2019$3,349 $189,594 +5.4%
    2018$3,349 +5.5%$179,818 +3.3%
    2017$3,173 +8.9%$174,035 +8.4%
    2016$2,914 +4.3%$160,496 +3.4%
    2015$2,794 +11.5%$155,235 +14.7%
    2014$2,507 +9.4%$135,313 +11.9%
    2013$2,291 +32%$120,900 +14.5%
    2012$1,736 $105,603 +41%
    2011-- $74,886 -2.5%
    2010-- $76,776 -35.4%
    2009-- $118,808 -20%
    2008$2,609 $148,500 -5%
    2007-- $156,300
    Find assessor info on the county website

    Neighborhood: 33706

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $384,000
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $384,000