by Global Lifestyle Properties

See Home Value
Madeira Beach 33708
525 Johns Pass AVENUE
$1,100,000
● House - Off Market

525 Johns Pass AVENUE

MADEIRA BEACH, FL 33708
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,411 Ft²
$7,365
Est. Monthly
1.91%
Cap Rate

About This Property

$275,000 price drop! Seller's loss is your gain even though this house suffered a mere fraction of that amount in damage with Hurricane Helene compared to other homes! This house is habitable now and with a few dollars and a few days it can be repaired and offered into the local rental market for anyone who needs to stay locally while their home undergoes repairs, or as a remodel for yourself. Either way it is a fantastic investment. While the house had never come close to flooding in over 60 years, it did sustain very low-level flooding from Hurricane Helene. The damage was minimal and all within the realm of that which would be replaced during a remodel. Despite being described as a tri-level home, this house has four levels and only had water on the ground floor over minimal square footage consisting of a lower living room, pool bath, foyer, garage, and a crawl space. More importantly, the lower level is all concrete block with plaster walls and terrazzo or tile floors (no drywall). The other 3 levels...dining room, kitchen/family room, 3 bedrooms, and two bathrooms were all untouched. Thus, the house can be occupied during any remodel/repairs. Although the owners could make repairs, they are choosing to be transparent and show the house "as is" in order to allow a buyer to see what happened and what's needed, rather than covering it up.  Also, Hurricane Milton was no match for this house with a full set of hurricane shutters on every opening, and he did no damage. So, don't miss your chance to transform this waterfront property into your very own slice of paradise or an income producing investment! This property offers a spacious 70x120 ft lot on Crystal Island in Madeira Beach with breathtaking views of Boca Ciega Bay (no looking across a canal at your neighbor's backyard here!) This house has a charming mid-century feel with 3 bedrooms & 3 bathrooms in a multi-level layout, including that rare lower-level room with views of the pool, yard, and waterfront!  The possibilities are endless for the lower floor to serve as a cozy family room with its fireplace, a second master suite, or a game room, with sliding glass doors leading to the poolside patio.  The kitchen is spacious with a large attached area for dining-in or use as a family room.  There's also another dining room, too!  The kitchen features wraparound, floor-to-ceiling windows and a large deck to  take in the amazing water views.  The 70' of waterfront provides a large backyard but still gives you that privacy feeling despite being on the gorgeous open water with unobstructed views of the bay, the Intracoastal Waterway, mangrove islands and gorgeous sunrises & moonrises. For boating enthusiasts, the home is a few-minute boat ride to the Gulf of Mexico and close to everything the beaches have to offer. Or, stay home and relax in the gorgeous salt-water pool that features a hot tub and waterfall, as well as being built to be low-maintenance with an in-floor cleaning system. Your boat also will be conveniently stationed on the 10k lb lift, with new pilings, in your backyard and ready for adventure at a moment's notice.  Overall, this home offers a firm foundation for transforming it into your waterfront dream or investment, with upgraded electric panel, new sewer main, newer seawall, new flat roof and a full complement of hurricane shutters for added protection.  Whether you're into boating, fishing, or simply enjoying the surrounding natural beauty, this location has it all.
Unit Size
2,411 Ft²
Days on Market
122 days
Land Size
0.19 acres
Price per sqft
$570
Property Type
House
Property Taxes
$613
HOA Dues
-
Year Built
1963

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Last updated: 2 years ago (Stellar MLS #U8252611)

Price History

Date / Event Date Event Price
Dec 13, 2024 Sold
Sold
Nov 27, 2024 In contract -
In contract
Nov 8, 2024 Price Decreased $1,375,000
↓ $75K (5.2%)
Price Decreased
Nov 4, 2024 Price Decreased $1,450,000
↓ $100K (6.5%)
Price Decreased
Oct 17, 2024 Price Decreased $1,550,000
↓ $100K (6.1%)
Price Decreased
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Property Highlights

Garage
Air Conditioning
With View
Fireplace

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 17
  • Roof Shape Type: 7
  • Roof Cover Type: 4
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 441
  • Parking Space Count: 0
  • Patio Type: 69
  • Porch Type: 102
  • Pool Type: 8
  • Location Influence Type: 128

    Dimensions

  • Lot Size Square Feet: 8,398
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 700
  • Total Building Area: 2,969
  • Gross Building Area: 2,969
  • Building Area: 2,411
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,411
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CRYSTAL ISLAND 2ND ADD
  • Land Acres: 0000000193
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • Legal Description 1: CRYSTAL ISLAND 2ND ADD LOT 50

Neighborhood

  • School District Name: Pinellas County School District
  • Census Tract: 027802

Geography

  • Account Number: R115368
  • Parcel: 10-31-15-19998-000-0500
  • Lot: 50
  • Municipality: MADEIRA BEACH
  • Latitude: 27.7948
  • Longitude: -82.7808

    Address

  • Full Address: 525 Johns Pass Ave
  • Address - House Number: 525
  • Address - Street Name: Johns Pass
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Madeira Beach
  • Carrier Code: C052
  • 4-Digit Zip Code: 2368
  • Zip Code: 33708

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $717,134
  • Tax Rate Code Area: MB

    Appraisal Valuation

  • Standard Deviation: 0.0868
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 92
  • Final Value: 1,981,297
  • High Value: 2,153,445
  • Low Value: 1,809,149

    Assessments Valuation

  • Assessed Year: 2022

    Sales

  • Current Sale Recording Date: Apr 26, 1999
  • Current Sale Price:
  • Current Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Madeira Beach


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Frequently Asked Questions

When was property at 525 Johns Pass Avenue built and last sold?
The property at 525 Johns Pass Avenue was built in 1963 and last sold on Jan 1, 1970 for $330,000.
How much is this home worth?
The estimated value of the home located at 525 Johns Pass Avenue is $1,393,968.
What are some comparable homes to 525 Johns Pass Avenue?
There are currently no comparable homes to 525 Johns Pass Avenue.