2 months on rocket

701 Gulf Way Unit 5, St Pete Beach, FL, 33706

$950,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
1 Full Bath
795 SqFt
$1,195/SqFt
Condo
Schools Nearby

Location

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701 Gulf Way Unit 5, Saint Pete Beach$950,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOn Street
Year Built1951
HeatingCentral
CoolingCentral Air
WaterfrontBeach, Gulf
ViewWater
MLS #U8230494
StatusActive

About 701 Gulf Way Unit 5

Welcome to your beachfront sanctuary in beautiful Pass-a-Grille Beach. This top-floor corner unit boasts direct Gulf of Mexico views and a heated pool. With an average rental revenue of $90,000 a year over the last three years (2021-2023), this two-bedroom, one-bathroom retreat offers both a lucrative investment opportunity and a serene coastal escape. Key Features: Prime Beachfront Location: Enjoy direct access to the sandy shores of Pass-a-Grille Beach, where you can relax by the Gulf of Mexico or take a dip in the azure waters just steps away. Lucrative Rental Revenue: With a proven track record of rental success, this property presents an enticing opportunity for investors seeking income-generating real estate. Spectacular Gulf Views: Take in breathtaking sunsets and panoramic Gulf views from the comfort of your own balcony, perfect for enjoying your morning coffee or evening cocktails. Heated Pool: Relax and unwind in the heated pool area, offering year-round enjoyment for residents and guests alike. Coastal Charm: Inside, discover light-filled living spaces and tasteful decor, complemented by modern amenities and sweeping Gulf views from the living room and master bedroom. Nearby Amenities: Conveniently located near dining, shopping, and entertainment options, including charming boutiques and waterfront restaurants. Don't miss this opportunity to own a piece of paradise on Pass-a-Grille Beach. Whether you're looking for an investment property or a coastal retreat, this beachfront oasis offers the perfect blend of luxury, convenience, and natural beauty. Schedule your private tour today and experience coastal living at its finest.

Property Details

Property Features

Property Information:

  • Year Built: 1951
  • Stories: 2
  • Living Area: 795 SqFt

Listing Office:

  • Office Name: EXP REALTY
  • Listing Agent: Brandon Tecklenburg

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer
  • Flooring Type: Laminate, Tile
  • Interior: Ceiling Fans(s), Open Floorplan

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Beach, Gulf
  • View: Water
  • Exterior: Balcony

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot: Near Golf Course, Near Marina

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Boca Ciega High School, Public Magnet Grades 9-12
  • Bay Point Middle School, Public Magnet Grades 6-8
  • Azalea Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From Pinellas Bayway heading West, turn left onto Gulf Blvd, turn right onto 21 Ave, go to the end and turn left on Gulf Way. Go down Gulf Way to 7th Ave. Building will be on the left on the corner.

Price Information

Listing Price Info

Price Summary:

  • List Price: $950,000
  • Price Per SqFt: $1,195/SqFt
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Housing Market Comparison

See how this home compares to others in Saint Pete Beach, FL.

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Saint Pete Beach, FL

City

Med. Sold Price

$701.6K

Med. Price/SqFt

$552

Avg. Days On Market

56

# of Sold Homes

35

701 Gulf Way Unit 5 vs Saint Pete Beach

76 DAYS ON ROCKET

+20 Days

$950,000

+$248.3K More

$1,195/SqFt

+$643 More

KEY TAKEAWAY

This property is $248.3K more than the Median Sold Price and $643/SqFt more than other homes in Saint Pete Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #U8230494

Listing Office:

  • Office Name: EXP REALTY
  • Listing Agent: Brandon Tecklenburg

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 5/2/2024, 11:49:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$4,809

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,915

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5138608
5
/10

  • Azalea Elementary School

  • 1680 74th St N

  • 6.93 miles

  • Public District Grades PK-5

Middle School

school-card-donut-5138609
2
/10

  • Bay Point Middle School

  • 2151 62nd Ave S

  • 5.01 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-5138610
3
/10

  • Boca Ciega High School

  • 924 58th St S

  • 5.35 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $29,674. Most Saint Pete Beach, FL residents have annual incomes less than $35k. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 701 Gulf Way Unit 5

What is the listing price of this property?

The listing price of 701 Gulf Way Unit 5 property is $950,000.

What type of property is this?

The property 701 Gulf Way Unit 5 is a condo located in St Pete Beach, Florida, 33706.

Is this property for sale now?

Active Listing: 701 Gulf Way Unit 5 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 701 Gulf Way Unit 5 are:
Azalea Elementary School: GreatSchools Rating 5/10
Bay Point Middle School: GreatSchools Rating 2/10
Boca Ciega High School: GreatSchools Rating 3/10

How many bedrooms and bathrooms does this property have?

The property at 701 Gulf Way Unit 5 has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 701 Gulf Way Unit 5 is 795 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 701 Gulf Way Unit 5 is 1951.

Rocket Homes›Florida›Pinellas County›Saint Pete Beach›33706›701 Gulf Way Unit 5

This home is located at 701 Gulf Way Unit 5 in St Pete Beach, FL and zip code 33706 in the Pass-A-Grille-Beach neighborhood. This 795 square foot home was built in 1951. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since February 16, 2024 and is currently priced at $950,000.

In April 2024 more than 3 listings in Saint Pete Beach, FL were sold above the asking price. During the same period more than 7 listings were sold at asking price, while more than 25 were sold below. The number of homes for sale in Saint Pete Beach, FL increased by 5% between March 2024 and April 2024. In April 2024 median list price was $701,666 and the average listing age was 56 days.

From Rocket Homes Real Estate and based on county public records data.

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