15227 Gulf BoulevardNew Construction Home in Madeira Beach, FL
Madeira Beach, FL 33708 · Pinellas County
$920,000
$1,025,000
$338/sq ft
Photos of 15227 Gulf Boulevard
1 / 2About this home
Pre-Construction. To be built. UPDATE THERE IS NOW AN APPROVED SITE PLAN IN PLACE FROM THE ZONING DEPARTMENT THAT NOW ONLY NEEDS FINAL APPROVAL FROM THE ZONING BOARD ON September meeting. Vacant commerical land with plans in place for a mixed use motel/restaurant in place. The commerical lot is located in the town center area and it gives you the best possible zoning anywhere in the city. Complete sealed architectural site plan and civil site plan for and 11 unit hotel with cafe on the ground floor included with the sale. This will save you a year going back and forth with the city and allow you to get the project running quickly. Plans available for review with proof of funds cash offers only but possible private financing with full price offer and 400k down.
Home details and costs
- MLS number
- TB8500237
- Property type
- Hotel/Motel
- Build stage
- Pre-Construction
- Heated square feet
- 2,725 sq ft
- Total under roof
- 6,948 sq ft
- Lot size
- 0.23 acres
- Subdivision
- Lone Palm Beach
- HOA fee
- No HOA
- Annual property tax
- $8,124 (current assessment)
- Days on market
- 163 days
Heads up on that tax figure. On new construction, the number in the MLS is often the tax on the bare lot, not the finished home. Expect it to jump once the county reassesses with the house on it. How Florida reassesses new builds
What would this home actually cost per month?
Pre-filled with this listing's price and HOA. Adjust anything to match your situation.
Estimated monthly payment
$7,150
$92,000 down (10%) on a $828,000 loan
- Principal and interest
- $5,234
- Property tax (estimated)
- $1,305
- Homeowners insurance
- $267
- PMI (under 20% down)
- $345
CDD defaults to zero, and that is often wrong.Many Tampa Bay new-construction communities carry a Community Development District assessment of roughly $1,500 to $3,000 a year on top of HOA, and it is rarely included in a builder's payment estimate. Ask whether this address is in a CDD before you budget.
The tax figure in the MLS looks like a bare-lot assessment. It lists $8,124 a year, while taxing this purchase price works out closer to $15,660. On new construction the county reassesses once the house is finished, so budget from the higher number.
Estimates only. Actual taxes, insurance, and assessments vary by address and change year to year.
Get the real numbers on this homeWhat is negotiable on this home?
This listing shows real leverage signals. Here is what its own numbers say.
On the market 163 daysWorth knowing
Past the 90-day mark is where most builders start getting more flexible on concessions, even while holding the published price.
Reduced $105,000 (10%)Strong signal
Originally listed at $1,025,000. A builder that has already cut once has acknowledged the first number did not work. That is a different conversation than one who has never moved.
Pre-constructionContext
Nothing is built yet, so there are no carrying costs pressuring the builder. The trade is that you get design-center control and first pick of lots instead.
Where builders actually give
Rarely on the published base price. It sets the comp for every unsold home behind this one, and protecting it protects their appraisals. The real room is in closing cost credits, interest rate buydowns, and upgrades moved into the base. Asking for the right one in the right order is most of the job.
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Listed by Murphy Realty. Listing data provided courtesy of Stellar MLS via Bridge Interactive. Information is deemed reliable but not guaranteed and is provided for consumers' personal, non-commercial use. 15227 Gulf Boulevard, Madeira Beach, FL 33708 is presented by Barrett Henry, REMAX Collective. Prices, availability, and incentives change without notice.