$465,000
●
Condo -
Off Market
215 Medallion BOULEVARD #B
MADEIRA BEACH, FL 33708
1 Bed
1 Bath
430 Ft²
$2,850
Est. Monthly
$458
HOA / Fees
2.53%
Cap Rate
About This Property
PARADISE AWAITS! This 0ne bedroom/one bath waterfront condo has one
of the best unobstructed views of the water in MBYCC community. The
luxury vinyl flooring was updated in 2022 and the large furnished
all season room is an added bonus. The upgraded easy open tinted
windows with automatic solar shades take relaxation to a new level.
Great location! Less than a block from the sandy beaches in Madeira
beach, Post Office, Grocery shopping and Drug store. Walking
distance to restaurants, shopping and entertainment. The community
has 4 fishing piers w/water, electric and fish cleaning stations. 2
Heated swimming pools, hot tub and sauna. The clubhouse has a
fitness area, billiards room and library. Across the street is ROC
Park which host pickle ball courts, tennis courts, baseball fields,
and plenty of events throughout the year. Don't miss out on this
great opportunity to live in this highly desirable location! 40 ft
boat slip w/lift available for extra $$$.
Unit Size
430 Ft²
Days on Market
119 days
Land Size
-
Price per sqft
$988
Property Type
Condo
Property Taxes
$305
HOA Dues
$458
Year Built
-
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 years ago (Stellar MLS #U8224281)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 15, 2024 | Sold | ||
| Sold | |||
| Feb 19, 2024 | In contract | - | |
| In contract | |||
| Feb 2, 2024 | Price Decreased |
$425,000
↓ $15K
(3.4%) | |
| Price Decreased | |||
| Jan 23, 2024 | Price Decreased |
$440,000
↓ $55K
(11.1%) | |
| Price Decreased | |||
| Dec 18, 2023 | Listed by RE/MAX METRO | $495,000 | |
| Listed by RE/MAX METRO | |||
Property Highlights
Air Conditioning
With View
Parking Details
Has Open Parking
Parking Features: Open
Interior Details
Full Bathrooms: 1
Interior Features: Ceiling Fans(s), Living Room/Dining Room Combo, Window Treatments
Appliances: Dishwasher, Dryer, Electric Water Heater, Ice Maker, Microwave, Range, Refrigerator, Washer
Flooring Type: Laminate
Laundry Features: Inside
Rooms: 4
Exterior Details
Square Footage: 430
Square Footage Source: $0
Security Features: Gated Community
Property Condition: Completed
Year Built: 1973
Waterfront Features: Canal Front, Waterfront, Canal - Saltwater, Intracoastal Waterway
Waterview: Canal, Intracoastal Waterway
Building Area Total: 430
Levels: One
Window Features: Blinds, Impact Glass/Storm Windows, Shades, Tinted Windows
Construction Materials: Block
Patio and Porch Features: Enclosed
Water Source: Public
Financial Details
Tax Annual Amount: $3,658
Lease Considered: Yes
Utilities Details
Cooling Type: Central Air
Heating Type: Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Manager, Pool Maintenance, Recreational Facilities, Sewer, Trash, Water
HOA/Condo/Coop Amenities: Lobby Key Required, Maintenance, Pool, Sauna, Spa/Hot Tub, Vehicle Restrictions
HOA Fee: $458
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/18/2023
|
1 Bed
|
1 Bath
|
430 ft²
|
$495,000
1 Bed
1 Bath
430 ft²
|
$465,000
-6.06%
04/15/2024
|
Debbie Kempf
CENTURY 21 RE CHAMPIONS
| |
|
09/30/2023
|
1 Bed
|
1 Bath
|
430 ft²
|
$365,000
1 Bed
1 Bath
430 ft²
|
$361,000
-1.10%
01/08/2024
|
Jason Mallory
REALTY EXPERTS
| |
|
03/21/2022
|
1 Bed
|
2 Bath
|
755 ft²
|
$500,000
1 Bed
2 Bath
755 ft²
|
-
-
|
Debbie Kempf
CENTURY 21 RE CHAMPIONS
|
Building Info
215 Medallion Boulevard
215 Medallion Boulevard, Saint Petersburg, FL 33708
- 1 Unit for Sale
About Madeira Beach
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Listed by: Debbie Kempf
RE/MAX METRO
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# U8224281
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
RE/MAX METRO
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# U8224281
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