$4,450,000
$4,000,000
11.3%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
6 Baths
3,162 SqFt
SOLD DATE : 11/12/2021
Key Details
Sold Price $4,450,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 3,162 sqft
Price per Sqft $1,407
Subdivision Harbor Shores 3Rd Add
MLS Listing ID U8127258
Sold Date 11/12/21
Bedrooms 8
Full Baths 6
Construction Status No Contingency
HOA Y/N No
Originating Board Stellar MLS
Year Built 1980
Annual Tax Amount $39,026
Lot Size 6,969 Sqft
Acres 0.16
Lot Dimensions 60x122
Property Description
Auction Property. Nightly / Weekly rental property currently rents 83% of nights thus far in 2021 at an average of $2,600 per night. Net Operating Income currently pacing for more than $575,000 this year.
AUCTION SALE AUGUST 14 at 11AM. Sale will be held at the property with viewing available from 9am sale day. THIS IS LIVE, ON-SITE AUCTION SALE. PROPERTY MAY SELL FOR MORE OR LESS THAN LIST PRICE.
Amazing investment opportunity for an income producing nightly/weekly beachfront rental. Located in Redington Shores your guests will enjoy their own private beach path in this 8 bed, 6 bath Key-West style masterpiece. The house is located on the only secluded beachfront overnight rental street from Clearwater to Treasure Island.
TERMS & CONDITIONS: At the Auction, the winning bidder will place a $100,000.00 deposit with American Heritage Auctioneers, LLC, as escrow agent. Personal checks accepted. The balance is due at closing within 45 days. Seller will pay for the Title Insurance Policy, convey a Special Warranty Deed free and clear of all liens and debt. Seller will pay for the documentary stamps. All prorations will be as of the day before closing. A 10% Buyer premium will be added to the bid to create the purchase price.
Location
State FL
County Pinellas
Community Harbor Shores 3Rd Add
Interior
Interior Features Crown Molding, Eat-in Kitchen, High Ceilings, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Master Bedroom Upstairs
Heating Central
Cooling Central Air
Flooring Carpet, Ceramic Tile, Travertine, Wood
Fireplace true
Appliance Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Freezer, Ice Maker, Microwave, Range, Refrigerator, Washer
Exterior
Exterior Feature Balcony, Hurricane Shutters, Outdoor Grill, Outdoor Kitchen, Outdoor Shower, Sliding Doors, Storage
Garage Spaces 4.0
Pool Heated, In Ground, Outside Bath Access
Utilities Available Cable Available, Electricity Connected, Sewer Connected, Street Lights, Water Connected
Waterfront Description Beach - Private, Beach - Public, Gulf/Ocean
View Y/N 1
Water Access 1
Water Access Desc Beach - Private,Beach - Public,Gulf/Ocean
View Water
Roof Type Metal
Attached Garage false
Garage true
Private Pool Yes
Building
Story 3
Entry Level Three Or More
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Architectural Style Key West
Structure Type Block, Concrete, Stucco, Wood Frame, Wood Frame
New Construction false
Construction Status No Contingency
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Special Listing Condition Auction
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Bought with AMERICAN HERITAGE REALTY
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