Sample of Research for a Pre Approved Client Seeking
an Investment Condo with a Price Range Up $500,000
The client finally opted for a 3 Bedroom Unit.
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A number of the units you chose ALLOW PETS for vacationers. What you
would gain or lose by owning a condo in a complex that allows pets.
How many vacationers bring pets to a rental? Maybe less than 10%. A complex that allows pets - pets will be
in elevators your renter may be afraid of dogs? ...Will the pets be on the
beach?...What about barking etc? Our personal preference is NO PETS COMPLEX.
Another point is to stay with concrete buildings...no wood frame siding that
will need higher maintenance and less durable in storms...not to mention
potential crawling eating pests like termites and carpenter ants.
REJECTS
PETS ALLOWED TO 100 POUNDS MLS #: 7398508
List Price: $495,000 Sea Oats 17500 Gulf Blvd # 302 Redington Shores, FL
PETS ALLOWED MLS #: 2308403 -
$449,900 SEA ISLE VILLAS 1904 GULF BLVD # H Indian Rocks Beach,
Construction: SIDING WOOD FRAME
PETS ALLOWED MLS #: 7402044 -
$460,000 SEA ISLE VILLAS 1904 Gulf Blvd # K Indian Rocks Beach,
Construction: SIDING WOOD FRAME
TOO SMALL
MLS #: 7409365 List Price: $425,000 Surf
Beach Resort 11040 Gulf Blvd # 501 Treasure Island, Sq. Ft. Heated: 721
......
PETS ALLOWED MLS# 7349112 Taken
off the market
MLS# 7385437
=================================================================================================
Best Beach Rentals - Rental Management Office in Sand
Castle 1 Fee 20%.....10% if you bring in the renter - $100 for 3BR Clean Out
=================================================================================================
SAND CASTLE -
The Pub waterfront restaurant across the street, Boat and Scooter
Rentals across the street -
1/2 mile down the road 5 restaurants. 3 miles to Major super market Publix -
Walgreens, CVS Pharmacy. - Wendys, Burger King, MacDonalds, KFC Chicken,
Taco Bell, Checkers.
Noticed car plates in the parking lot- minn, california 2,
georgia 3, missouri, maryland, indiana, tennessee, florida 8
==========================================================================================================
MLS #: 7350207
VIEW IT HERE
List Price: $499,900 Sand
Castle - 20002 Gulf Blvd # 2501 Indian Shores
Updated 3 bedrooms, 2 bath unit.CORNER UNIT Sq. Ft.
Heated: 1,180 Days Lease: 7 No Pets Allowed
Monthly Maintenance Fee: $467 Includes: Building Exterior,
Cable, Escrow Reserves, Insurance Building, Pest Control, Roof, Trash
Removal, Water/Sewer
Mortgage Date: 03/22/2005 Washington Mutual Bk Mortgage Amt: $450,000
Mortgage Date:11/21/2002 $332,900 Us Bk National Assn (Released --satisfied)
Taxes: $9,668 Tax Year: 2007 Homestead:No - Appears to be reversed numbers
on the taxes- The Millage Rate is: 16.86
Days On Market: 413 (We checked the unit for withdrawn and expireds)
Previously Listed - Not applicable as a negotiating point because of time
distance of listing and current market conditions
List Price: $795,000 Days On Market: 296 Off Market Date: 02/01/2007 - List
Price: $730,000 Days On Market: 181 Off Market Date: 08/16/2007
Fully furnished Extensive $75,000 renovation - agent says great rental
history
Comparable Sales Value:
$476,200
List Price: $499,900
INITIAL OFFER PRICE RANGE - $442,750 to $449,650
=======================================================================================================
MLS #: 7400608
PENDING SALE
List Price: $478,900
Sand Castle - 20002 Gulf Blvd # 2306 Indian
Shores
Total Bedrooms: 3 Total Baths: Full: 2Sq. Ft. Heated: 1,180 Days Days
Lease: 7 No Pets Allowed
Monthly Maintenance Fee: $467 Maintenance Includes: Building Exterior,
Cable, Insurance Building, Lawn, Pest Control, Roof, Security, Trash
Removal, Water/Sewer
Wraparound balcony. Gulf front, end unit with great breezes from the Gulf
and the Intercoastal. Newly decorated and remodeled throughout. Dream
investment property ($33K+/year in rentals/ New AC/water heater.
Taxes: $6,902 Tax Year: 2008 Homestead: No
Mortgage Date: 04/15/2005 Lending tree Mortgage Amt: $300,000
Mortgage Date: 02/23/1999 Gmac Mtg Corp $117,500 - (Satisfied - Reviewed
Pinellas county records to see if loan was satisfied)
Days On Market: 66 (Plus 151 at much higher price) checked address for any
time it was withdrawn or expired with other brokerage companies)
MLS #: 7331205 Status: EXPIRED List Price: $699,500 Address: 20002 Gulf Blvd
# 2306 Indian Shores, Days On Market: 151
Off Mkt Date: 07/21/2008 Owners in San Mateo California
Exterior Wall: Reinforced Concrete Parking/Garage: Under Building Parking
Quality: Above Average Balcony/Porch: Open Porch
View: Gulf Of Mexico - Full Building: High Rise Location: Corner
Penthouse
Comparable Sales Value: $458,200 - List Price: $479,900
INITIAL OFFER PRICE RANGE - $432,750 to $439,650 depending on confirming the
rental history $33,000 plus in annual rentals
=========================================================================================
MLS #: 7391633
VIEW IT HERE
List Price: $439,000 Anglers Cove 17450 Gulf Blvd # 201 Redington Shores
Total Bedrooms: 3 Total Baths: Full: 3 Sq. Ft. Heated: 1,450 Days Lease: 7
NO PETS ALLOWED Exterior Features: Porch/Patio/Deck Open
Sellers Agent Says - Direct gulf...has a balcony...Owners live in
from Canada
Here are the upcoming rentals for unit 201
6/20-6/27 Schmedeke
6/27-7/04 Margarejo
7/04-7/11 Dorion
7/11-7/18 Doan/Cox
7/18-7/25 Woosley
7/25-7/29 Available
7/29-8/08 Reba
8/08-8/15 Available
8/15-8/22 Needham
They have a management company - $28,565 and $31,650 rental income on the
books
Comparable Sales Value: $447,640 - List Price: $439,000
INITIAL OFFER PRICE RANGE - $ 416,750 to $ 421,650
=======================================================================================
2 Bedroom Units Below
- Sea Breeze Of Madeira -
Madeira Beach - Lease Days 3 - No
Pets Allowed
=================================================================================
MLS #: 7406031
VIEW IT HERE List Price: $489,000
Sea Breeze Madeira13500 Gulf Blvd # 406 Indian Shores
Total
Bedrooms: 2 Total Baths: Full: 2 Sq. Ft. Heated: 1,200
Days Lease: 3
NO PETS ALLOWED Exterior Features: Porch/Patio/Deck Open - Direct gulf view
- newer kitchen
Owners in Canada - Days on Market 41
Settle Date: 03/27/1991 Sale Price: $125,000 No outstanding mortgage shown
Comparable Sales Value: $446,790 List Price: $489,000
===================================================================================
MLS #: 7389853
VIEW IT HERE
List Price: $429,900
Sea Breeze Madeira 13500 Gulf Blvd # 304 Madeira Beach
Total
Bedrooms: 2 Total Baths: Full: 2 Sq. Ft. Heated: 1,170 Days Lease: 3
NO PETS ALLOWED FURNISHED and
upgraded with newer cabinets and appliances
Days On Market: 147 Owners live in Michigan
Sale/Settlement Date: 08/26/1999 Sale Price: $172,000
Mortgage Amt: $136,000 Flagstar Bk
Comparable Sales Value: $405,530 List Price: $429,900
=================================================================================
VILLA MADEIRA near Johns
Pass - boat rentals casino cruises, restaurants shops
=====================================================================================
MLS #: 7405355
PENDING SALE List Price: $449,000
Villa Madeira 13720 Gulf Blvd # 202
Madeira Beach Only Owners can have small pets
Total Bedrooms: 3 Total Baths: Full: 2 Sq. Ft. Heated: 1,130 Days
Lease: 7
Has a closet with washer and dryer Front Exposure: East - Exterior Features:
Porch/Patio/Deck Screened
Construction - Block on Piling
Monthly Maintenance Fee: $445 Maintenance Includes: Building Exterior,
Cable, Escrow Reserves, Insurance Building, Lawn, Pest Control, Roof, Trash
Removal, Water/Sewer - Annual Tax: $6,776 Owners
live in Wisconsin
Days On Market: 37 Only time listed for sale - checked address for any time
it was withdrawn or expired with other brokerage companies)
Reviewed Pinellas county records to see if any of the loans were satisfied
and none showed satisfied)
Mortgage Date: 07/13/2004 Mortgage Lender: Ameriquest Mtg Co Mortgage Amt:
$255,000
Mortgage Date: 08/09/2002 Mortgage Lender: Bank Of America Mortgage Amt:
$100,000 (Released satisfied)
Mortgage Date:10/05/1998 Mortgage Lender: Liberty Mtg Mortgage Amt:
$128,800
This unit has a good rental history that was emailed to us. $28,000 to
$33,000 Annually over a 3 year period
Comparable Sales Value: $457,400 List Price: $449,000
INITIAL OFFER PRICE RANGE - $416,750 to
$421,650
=====================================================================================
MLS #: 7392161
SOLD List Price: $465,000 Villa Madeira
Address: 13720 Gulf Blvd # 201 Madeira
Beach
Total Bedrooms: 3
Total Baths: Full: 2 Sq. Ft. Heated: 1,160 Days Lease:
7
Monthly Maintenance Fee: $445 Taxes: $6,955 Tax Year: 2008 Homestead: No
Days On Market: 131 Orig List Price: $499,000 found no expireds or
withdrawn listings on this unit
Owners live in Illinois
Construction: Block, On Piling
Sale/Settlement Date: 08/13/1997 Sale Price: $165,000
No outstanding mortgage shown
Comparable Sales Value: $469,500 -
List Price: $465,000
INITIAL OFFER PRICE RANGE - $422,750 to
$429,650 need to see the rental history and compare to unit 202 above
SOLD - Settlement Date: 05/20/2009 Sale Price: $425,000
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