tomo logo

$569,900

Beds
2
Baths
2.0
sq ft
1,005

12924 Gulf Blvd Unit 310, Madeira Beach, FL 33708

12924 Gulf Blvd Unit 310

MADEIRA BEACH, FL 33708

  • 2 days on market
INVESTOR DREAM PROPERTY - PERFECT INCOME-PRODUCING MADEIRA BEACH BEACHFRONT CONDO | Welcome home to your piece of paradise which is in the absolute most perfectly positioned condo across the street from famous John's Pass full of shopping, dining, boat rentals and waterfront options to enjoy. This residence is positioned on the white sands of the Gulf of Mexico and provides you and your guests with unlimited access to the best sunsets available on this coast. Renovated and beautifully updated with new sliders and windows, a beautiful gourmet kitchen with many new appliances (dishwasher and microwave), custom cabinetry, granite counters, a dining area and a large living room. Enjoy custom features such as designer furniture pieces (inquire for a list of the items that will convey) and beautiful plantation shutters. There is so much storage within this residence and there is also space for creating a laundry within at an affordable rate. 2 spacious bedrooms and 2 bathrooms including a grand master suite with an en-suite bath offer a time at the beach that is undeniably memorable. While you are not able to leverage time at the beach, this building allows for short-term rentals (min 3 days) for your cash flow desires. Fully walkable to so much so your guests don't need a car which makes for ease and low-cost, convenient travel. Fully turnkey solutions are available for rentals so please ensure you inquire about this at your showing. Schedule your showing today and spend the winter months enjoying the sun and sand of beautiful Madeira Beach! Condo building features over $2 million in professionally engineered structural and common are element updates over the past five years including concrete, rebar, balconies, hallways, roof, pool heater and pool filtration system replaced, building generator replaced, parking lot repaved, new landscaping, all pool furniture replaced, pool bathroom updated. Seller's portion of special assessment paid in full.

Details

Property type

Condominium

Est. home value

$394,088

Lot size

0.95 acres

Price per sq ft

$568

Year built

1979

Annual property taxes

$7,238

HOA

Yes

Price History

03/28/2025
StellarMLS

StellarMLS #TB8367179

Listed
$569,900
-13.65%
09/14/2024
StellarMLS

StellarMLS #U8184941

Removed
$660,000
07/22/2024
StellarMLS

StellarMLS #U8184941

Price change
$660,000
-1.49%

Schools & Community

Elementary school: 

Orange Grove Elementary-PN

Middle school: 

Seminole Middle-PN

High school: 

Seminole High-PN

Community features: 

Pool, Sidewalks

Negotiation Insights

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

Seller could get up to

$279,311
Asking price
$569,900
Closing costs (~8% of asking)
-$45,592
Est. remaining loan balance
-$244,997
Cash to seller
$279,311

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Carrington Mortgage Services Llc

Loan start date

September 2023

Original loan amount

$249,000

Est. remaining balance

$244,997

Interest rate

6.81%

Loan type

New Conventional, 30 year

Seller

Eduardo B Orihuela

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?

Status: Active

Tomo last checked: 03/31/2025 at 6:00 PM

Listing updated: 03/31/2025 at 12:19 PM

Listed by: Leisa Mohler-Erickson, ENGEL & VOLKERS ST. PETE Phone #: (727) 295-0000

MLS: StellarMLS #TB8367179

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