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Belleair Beach 33786
3200 GULF BOULEVARD #111
$535,248*
Condo - Off Market

3200 GULF BOULEVARD #111

BELLEAIR BEACH, FL 33786
bedrooms
1 Bed
bathrooms
1 Bath
square feet
460 Sqft
$405,000 - $495,000
Reference Base Price*
18.94%
Since Jun 1, 2021
National-US
Primary Model

About This Property

This rare offering WILL NOT LAST LONG. Gulf front, income producing unit with NO RENTAL RESTRICTIONS. Enjoy paradise on Belleair Beach, where you can relax in comfort and at the same time make an excellent passive income. Enjoy your days in the sun and your evenings on your Gulf front balcony enjoying sunsets at the Beach! Enjoy cooking out on the barbecue grills or strolling the beach. Close to Sand Key Plaza. Short drive to airports. The offering is a turnkey one bedroom/one bathroom updated Gulf-front condo. The floor plan is open with a bedroom that boasts a comfortable queen-sized bed with full length mirror and two nightstands. Porcelain tile flooring, white quartz countertops, glass cooktop burner, and new white appliances complete the eat-in kitchen. The condo is 35 ft from the heated pool, which also faces the Gulf of Mexico. The unit is located on the bottom floor near the elevator and ramp for easy access to parking. Currently used as a vacation rental, the unit generated over $30,000 net yearly averaged over the past 2 years at a 6.6% cap rate. We are expecting to see a substantial increase in revenue for 2021 and beyond, as the pandemic resolves. Rental income available upon request. The building is currently undergoing deferred improvements that have already been priced into the HOA fees. The condo comes fully furnished, and the current owners are willing to provide the new owner with all existing bookings and a 2 week consultation service at no charge.

The manager has listed the unit size as 460 square feet.
Unit Size
460Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$978
Property Type
Condo
Property Taxes
$3,853
HOA Dues
$611
Year Built
1968

Price History

Date / Event Date Event Price
May 11, 2021 No longer available -
No longer available
Apr 23, 2021 Listed $450,000
Listed

Property Highlights

Air Conditioning
Parking Available
With View


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
-
$340,000 Jan 6, 2018
$340,000 Mar 19, 2018
$280/mo
Condo
1 Bed
1 Bath
460 ft²
$1,033/ft²
$475,000 Nov 13, 2022
-
$2,386/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20221113 Unit 212
11/13/2022
212
1 Bed
1 Bath
460 ft²
$500,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
460 ft²
-
-
-
Kristi Phillips
COASTAL PROPERTIES GROUP
20220722 Unit 313
07/22/2022
313
1 Bed
1 Bath
460 ft²
$625,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
460 ft²
-
-
-
Troy Walseth
KELLER WILLIAMS RLTY SEMINOLE
20220721 Unit 216
07/21/2022
216
2 Bed
1 Bath
567 ft²
$639,000
bedrooms
2 Bed
bathrooms
1 Bath
square feet
567 ft²
-
-
-
Troy Walseth
KELLER WILLIAMS RLTY SEMINOLE
20211009 Unit 211
10/09/2021
211
1 Bed
1 Bath
460 ft²
$459,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
460 ft²
-
-
-
Greg Mallare
COASTAL PROPERTIES GROUP
20210423 Unit 111
04/23/2021
111
1 Bed
1 Bath
460 ft²
$450,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
460 ft²
-
-
-
-

Building Info

3200 Gulf Boulevard 3200 Gulf Boulevard, Belleair Beach, FL 33786
  • 2 Units for Sale
More about this Building
3200 Gulf Boulevard
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About Belleair Beach


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