Properties, Houses and Condos for Sale in St Petersburg Treasure Island Florida

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Tropic Shores, Tropic Breezes short sale deals in Madeira Beach. Income property for sale.

Tropic Shores/Tropic Breezes in Madeira Beach

This income, second home property is right across the street from the beach. A remodeled 1/1 condo with a heated pool in a small 20 unit complex. These units sold about 3 years ago for approx. $195,000. Right now the asking price is $89,000. Incredible real estate investment opportunity with great rental income. Tropic Shores / Tropic Breezes is located in Madeira beach, not far from John's Pass

 

If you think about buying or selling a house or condo in the Saint Petersburg Florida area, please give me a call. Ask me about waterfront homes or condos in St. Pete beach, Treasure Island, Madeira beach, Seminole and other Clearwater Tampabay neighborhoods. Find out what we can do to sell your home or condo and what the value of your property is. Check out great real estate deals or visit condo associations like Seminole Isle.

We also work with short sale bank owned and foreclosures. Find a property or go to my website for more real estate information or simply contact us.   727 409 8706

1 comment • Anne Hensel Real Estate Broker St. Petersburg houses and condo for sale • July 20 2009 10:52PM

Find Real Estate deals in Tampa bay St. Petersburg

That is what every buyer wants, a great deal and it is very understandable.

Well, the sellers want exactly the opposite, get the most money for heir property and make a nice profit, also very understandable. On both parts it is human nature I guess.

As you can see, when you have two parties that want the exact opposite, it is difficult to find an agreement, it all comes down to motivation.

How motivated is the seller, and or how motivated is the buyer. For years the sellers had the advantage that the economy was great, we had a high appreciation rate in St. Petersburg and there were not too many houses or condos for sale.

This all has change; in today's market the buyer has an advantage.

Lots and lots of inventory, no appreciation and a scary economy.

So, yes, there are some really good deals here in St. Petersburg Florida,

you just have to find them, they exist.

One example is Tropic Breezes here in Madeira beach Florida

            

A small condo hotel complex right across the street from the beach, walking distance to nice shops and restaurant.

Great curb appeal, units are nearly all remodeled within the last two years, heated pool and great rental potential.

Right now one of the units is on the market, asking price $115,000

Pretty much the same unit, just one floor higher sold in Oct. 2005 for $ 195,000

How do you find deals like this?

You have to know the market, the sales history, the comparable properties, the inventory, the motivation of the seller, in short, you have to do your "homework" or find a Realtor that is an expert in the area and have him do all this for you.

 

0 comments • Anne Hensel Real Estate Broker St. Petersburg houses and condo for sale • January 20 2008 02:34PM

1/1 Condo across from the beach. Income producing property in Madeira Beach

Tropic Breezes, former Tropic Shores here in Madeira beach Florida is a great 1/1 condo motel across the street from the Beach!

 

Tropic Breezes or Tropic Shores is a must see! Very nice and clean, just remodeled (new Ac, new paint) condo hotel corner unit in Madeira beach, right a cross from the beach. Great investment property. Management in place to support your vacation rentals for 3 days, a week, or longer stays. Fully furnished, ready to go. Great place to relax, swim in the heated pool or take long walks on the beach. Sleep 4 to 5 people. Spend your vacation here and rent it out the rest of the time. This one has a lot of potential. Don't miss it! No restriction on Pet weight.

Update on Madeira beach August 2008

The last two units in Tropic Shores and Tropic Breezes here in Madeira beach sold for under $100,000, that is a 40 to 50% drop from 3 years ago.

 

If you think about buying or selling a house or condo in the Saint Petersburg Florida area, please give me a call. Ask me about waterfront homes or condos in St. Pete beach, Treasure Island, Madeira beach, Seminole and other Clearwater Tampabay neighborhoods. Find out what we can do to sell your home or condo and what the value of your property is. Check out great real estate deals or visit condo associations like Seminole Isle.

We also work with short sale bank owned and foreclosures. Find a property or go to my website for more real estate information or simply contact us.   727 409 8706

0 comments • Anne Hensel Real Estate Broker St. Petersburg houses and condo for sale • August 11 2007 01:23PM

Tropic Breezes

Tropic Breezes is a very nice complex, just remodeled right on Gulf Blvd in Madeira Beach. Across the street from the Gulf of Mexico.

Condo hotel, great investment property. Management in place to support your vacation rentals for 3 days, a week, or longer stays.

All units are fully furnished, ready to go. Great place to relax, swim in the heated pool or take long walks on the beach. Units sleep 4 to 5 people. Spend your vacation here and rent it out the rest of the time. This one has a lot of potential as an investment property.

Prices start at $139,000

2 comments • Anne Hensel Real Estate Broker St. Petersburg houses and condo for sale • July 13 2007 09:46AM