tomo logo

$1,495,000

Beds
3
Baths
3.0
sq ft
1,670

20204 Gulf Blvd Unit 9, Indian Shores, FL 33785

20204 Gulf Blvd Unit 9

INDIAN SHORES, FL 33785

  • 267 days on market
    • Price drop $100,000↓
Boaters and Beach Enthusiasts Rejoice! Waterfront Condo on the Gulf with dock on intracoastal waterway! This 3-bedroom/3-bathroom Gulf Front Condominium, spanning 1672 Sq Ft, offers stunning views that will take your breath away. Unwind in this tranquil beach retreat located in a cozy building with just 10 units. Piper's III boasts low condo fees and allows weekly rentals in a prime spot within Indian Shores, offering beautiful water views east and west. Owners can enjoy a first-come, first-serve dock on the Intracoastal Waterway. Recently, in 2023, Hurricane Rated Sliding Glass Doors were installed. The interior layout includes two master bedroom en-suites, each with a full bath, and a third bedroom that can double as an office or den. Live by the water with direct beach access and a first-come, first-serve boat dock on the Intracoastal Waterway. Revel in panoramic views of the beach and the Gulf of Mexico from the unit. The well-equipped chef's kitchen, featuring granite counters and wood cabinetry, is perfect for cooking adventures and casual dining. This unit offers a great investment opportunity as the homeowners association permits weekly rentals. It comes fully furnished with two designated parking spaces and a ground-level storage unit.Conveniently located, this property provides easy access to a variety of attractions in Pinellas County, including Downtown St. Petersburg, St. Pete Beach, Clearwater Beach, Dunedin, Safety Harbor, and Tampa. Additional amenities include under-building parking, a storage space for beach gear and bikes, and rental management currently handled by another real estate firm. Detailed rental history, future bookings, and income projections are available upon request. The current owner has reserved multiple high-season dates for personal use, yet the unit still generated over $62k in revenue after booking fees and commissions. Proforma from Resoort Rentals projects much higher revenue.

Details

Property type

Condominium

Est. home value

$1,517,197

Lot size

0.48 acres

Price per sq ft

$896

Year built

1981

Annual property taxes

$9,945.65

HOA

Yes

Price History

10/03/2024
StellarMLS

StellarMLS #U8232995

Listed
$1,495,000
09/25/2024
StellarMLS

StellarMLS #U8232995

Removed
$1,495,000
08/16/2024
StellarMLS

StellarMLS #U8232995

Price change
$1,495,000
-6.27%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

Indymac Bank Fsb

Loan start date

April 2006

Original loan amount

$652,500

Est. remaining balance

Not provided

Interest rate

1.7%

Loan type

Negative Amortization, 30 year

Seller

William C Knopke Jr and Linda Knopke

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: 11/23/2024 at 6:15 AM

Listing updated: 11/18/2024 at 8:06 PM

Listed by: Shawn Dunn, GULFSIDE REALTY SALES Phone #: (727) 826-0001

MLS: StellarMLS #U8232995

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