tomo logo

$399,000

Beds
1
Baths
1.0
sq ft
650

11440 1st St E Unit 1, Treasure Island, FL 33706

11440 1st St E Unit 1

TREASURE ISLAND, FL 33706

  • 16 days on market
LOCATION-LOCATION-LOCATION-ON THE WATER WITH BOAT DOCK SLIP - walk 2 blocks to beach, walk to restaurants, bars, shopping and grocery stores. 2 story boutique condominium in 10-Unit building. The new Florida Condo Safety Law going into effect on Jan 1, 2025 does not apply to this building. The new law applies to all condo buildings 3 stories and higher and requires full structural inspections and all repairs completed within 1 year. Additionally, all reserve funds must be fully funded as well. As such, 2 story building units are in HIGH DEMAND. Condo is fully furnished turn-key and ready to rent or move in, includes all amenities in the unit. Condo is located on a navigable waterway minutes by water to John’s Pass inlet to the Gulf of Mexico and 2 blocks to Treasure Island beach. Includes permanently assigned boat dock slip #4, reserved parking space and lockable storage space. Condo common areas include heated pool, bike rack, huge patio with picnic tables on the water, coin-operated laundry room, docks for fishing and boat slips. Watch the dolphins and manatees swim by. Central HVAC cooling / heating system replaced in 2020. The condo is in RM15 zoning which allows for 6 change-overs (7 guests) per rolling 12 months. There are no rental restrictions in the condo by-laws. Very rare to find 650sf of living space on the water, 2 blocks to beach with a dedicated boat slip and heated pool.

Details

Property type

Condominium

Est. home value

$298,683

Lot size

Unknown

Price per sq ft

$614

Year built

1969

Annual property taxes

$2,749.46

Monthly HOA fee

$508

Price History

07/09/2024
StellarMLS

StellarMLS #A4616603

Listed
$399,000
-0.25%
04/06/2024
StellarMLS

StellarMLS #A4595030

Removed
$399,999
01/10/2024
StellarMLS

StellarMLS #A4595030

Listed
$399,999
+128.57%

Schools & Community

Neighborhood: 

Isle of Palms

Elementary school: 

Azalea Elementary-PN

Middle school: 

Azalea Middle-PN

High school: 

Boca Ciega High-PN

Community features: 

Pool

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Bank Of America Na

Loan start date

May 2002

Original loan amount

$40,914

Est. remaining balance

Not provided

Interest rate

7.08%

Loan type

New Conventional

Seller

Marnie K Mcglathery

Lender

Nationsbanc Mortgage

Loan start date

June 1999

Original loan amount

$41,220

Est. remaining balance

Not provided

Interest rate

6.87%

Loan type

New Conventional

Seller

Jock B Mcglathery and Marnie Mcglathery

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 07/25/2024 at 7:25 AM

Listing updated: 07/11/2024 at 3:43 PM

Listed by: Cliff Glansen, FLATFEE.COM Phone #: (954) 965-3990

MLS: StellarMLS #A4616603

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