Update on Seminole Isle waterfront condos for sale in Florida

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Update on Seminole Isle waterfront condos for sale in Florida

Sale Date

Address

Subdivision

Sq Ft

BR

Full Baths

Half Baths

List Price

LP/ SF

Sold Price

SP/ SF

06/30/2008

7296 Marathon Rd # 603

SEMINOLE ISLE

1,500

2

2

0

$225,750

$151

$220,750

$147

05/28/2008

7296 Marathon Rd # 602

SEMINOLE ISLE

1,700

2

2

0

$235,750

$139

$235,750

$139

03/03/2008

7194 Key Haven Rd # # 602

Seminole Isle Condo

1,700

2

2

0

$239,000

$141

$225,000

$132

07/30/2008

7296 MARATHON DR # 302

SEMINOLE ISLE CONDO

1,700

2

2

 

$243,748

$143

$231,000

$136

05/30/2008

7040 Key Haven Rd # 205

Seminole Isle

1,700

2

2

0

$249,900

$147

$241,900

$142

06/12/2008

7070 Key Haven Rd N # 603

Seminole Isle Condo

1,500

3

2

0

$250,000

$167

$246,000

$164

04/22/2008

7194 Key Haven Rd # 406

Seminole Isle Condo

2,100

3

2

0

$255,900

$122

$260,000

$124

12/03/2008

7162 CONCH BLVD

SEMINOLE ISLE TOWNHO

2,089

3

2

1

$260,000

$124

$255,000

$122

09/29/2008

7377 CONCH BLVD

SEMINOLE ISLE CONDO

2,088

2

2

1

$270,000

$129

$271,000

$130

07/22/2008

7345 Conch Blvd # 7345

Seminole Isle Twnhms

2,088

2

2

1

$270,000

$129

$270,000

$129

08/12/2008

7069 Key Haven Rd # 605

Seminole Isle Condo

1,700

2

2

0

$274,999

$162

$262,500

$154

08/27/2008

7296 MARATHON DR # 406

SEMINOLE ISLE CONDO

2,100

3

2

0

$279,000

$133

$270,000

$129

10/28/2008

7082 Conch Blvd

Seminole Isle Twnhms

2,088

3

2

1

$279,000

$134

$279,000

$134

03/28/2008

7070 Key Haven Rd # 505

Seminole Isle Condo

1,700

2

2

0

$289,000

$170

$250,000

$147

02/15/2008

10002 Key Haven Rd # 506

Seminole Isle Condo

2,100

3

2

0

$339,000

$161

$339,000

$161

06/30/2008

7069 Key Haven Rd # 406

Seminole Isle Condo

2,100

3

2

0

$344,900

$164

$338,800

$161

05/09/2008

7133 Islamorada Cir

Seminole Isle Twnhms

2,089

3

2

1

$369,900

$177

$315,000

$151

11/20/2008

7070 KEY HAVEN RD # 506

SEMINOLE ISLE CONDO

2,100

3

2

 

$370,000

$176

$340,000

$162

 These are all the units that sold in Seminole Isle year to date.

 Below are the units that are currently on the market.

Please pay attention to the LP/SF. This is the listing price per square feet and does not include the balconies. When I look at all the units that were sold this year, the average asking price per sf. was $142, now with all the active listings the average asking price per sf is $169.

I am wondering, has Seminole Isle reached the bottom? It is hard to tell, I search public records and there are some more short sales and foreclosures to come.

Anyway, this will be interesting to watch.

If you do not know Seminole Isle, please read about it below. 

Address

Subdivision

Water Front

Pool

Gar/Car

Prop Code

Sq Ft

BR

Full Baths

Half Baths

List Price

LP/ SF

DOM

7296 Marathon Dr # 605

Seminole Isle Condo

Y

Y

1CRPT

CONDO

1,700

2

2

0

$239,000

$141

26

7296 Marathon Dr # 303

Seminole Isle Condo

Y

Y

1CRPT

CONDO

1,500

2

2

0

$249,000

$166

39

7069 Key Haven Road # 305

Seminole Isle Condo

Y

Y

1CRGR

CONDO

1,700

2

2

0

$250,000

$147

117

7194 Key Haven Rd # 205

Seminole Isle Condo

Y

Y

1CRPT

CONDO

1,700

2

2

0

$268,000

$158

191

7296 Marathon Dr # # 205

Seminole Isle Condo

Y

N

1CRPT

CONDO

1,700

2

2

0

$269,000

$158

66

10002 Key Haven Rd # 402

Seminole Isle Condo

Y

Y

1CRPT

CONDO

1,700

2

2

0

$274,999

$162

59

7296 Marathon Dr # 602

Seminole Isle Condo

Y

Y

1CRPT

CONDO

1,700

2

2

0

$289,000

$170

28

7137 Islamorada Cir

Seminole Isle Twnhms

Y

Y

2CRGR

TOWNH

2,088

3

2

1

$299,000

$143

42

7244 Conch Blvd # 7244

Seminole Isle Twnhms

N

Y

2CRGR

TOWNH

2,090

3

2

1

$299,000

$143

4

10002 Key Haven Rd N # 304

Seminole Isle

Y

Y

1CRPT

CONDO

1,500

3

2

0

$299,000

$199

247

7070 Key Haven Rd # 402

Seminole Isle Condo

Y

Y

1CRPT

CONDO

1,700

2

2

0

$309,000

$182

53

7070 Key Haven Rd # 302

Seminole Isle Condo

Y

Y

1CRGR

CONDO

1,700

2

2

0

$319,000

$188

158

7275 Conch Blvd # 7275

Seminole Isle Twnhms

Y

N

2CRGR

TOWNH

2,090

3

2

1

$415,500

$199

58

7296 Marathon Drive # 401

Seminole Isle Condo

Y

Y

1CRGR

CONDO

2,100

3

2

0

$445,000

$212

473

Seminole Isle in Seminole Saint Petersburg

Seminole Isle is a very nice community here in Seminole Florida.  It is located right on Park Blvd between Seminole Blvd and Park Street, in the middle of Seminole across the street from the huge Seminole park. It is only minutes away from the beaches of Madeira and Redington. Seminole Isle is a gated community with 6 condo complexes a total of 180 units and a lot of town homes. Nearly all units have a great view onto Lake Seminole and the nature preserve. The complex is right on the water and has a nice dock and its own little beach. Seminole Isle features a nice clubhouse and tennis courts, a heated swimming pool and a long walk way around the community with beautiful direct waterfront places were you can just hang out or fish or watch the birds.

Location, Location, Location, it does not matter where you need to go in St. Petersburg, Seminole Isle is 10 minutes or less from everything. There is a Publix and a Sweet bay within 5 minutes, a Home depot within 3 minutes, shops and restaurants even the Seminole Mall is less than 5 minutes away. It will take you 30 minutes to Tampa airport and about 15 minutes to the downtown Saint Petersburg waterfront. Seminole itself has a lot to offer, it is an up and coming community with lots of energy and lots of fun things to do.

Seminole Isle was built some 4 years ago by Beazer, one of the nicest projects they ever did. Unfortunately the real estate market changed over night and Beazer stopped constructions on other projects that were planned for Seminole Isle. So, right now there is a lot of vacant land within the community. If you do not know about the developer stopping the project, you would not realize that it was supposed to have a lot more buildings. In the beginning of 2008 the developer turned the condo affairs over to the Seminole Isle association and the complex is now managed by the Leland Management Company. They have an onsite property manager that takes care of everything.

Ok Let’s talk about the condos in Seminole Isle, like I said there are about 180 units and the have 3 different floor plans. The condos are either 2 or 3 bedroom between 1500 and 2100 heated square feet. Each condo has an assigned parking space underneath the building and tons of parking outside. Also, each condo has a very nice size screened in balcony, open floor plan and high ceilings.

The town homes are a little over 2000 sf. also available in 3 different floor plans and they have a big over sized two car garage/ bonus room downstairs. You have your kitchen, living room area on the second floor and the bedrooms on the third floor.

I kind of like the condos better, that might be because I am too lazy to walk up and down the steps in a town home.

In the beginning of 2008 Beazer sold their last units in Seminole Isle and now everything that is or comes on the market is a resale. People paid a lot of money for these condos when they were brand new. Well, like I said before, in the meantime the market has changed and the sales prices in Seminole Isle went down dramatically.

We are talking about prices that dropped by $150,000 within a 2 years period. Well this is good news for all the buyers out there, once in a while you can find that unbelievable deal in Seminole Isle. We sold one a few month ago, 2100 Sf. condo for $270,000. The seller had paid way over $400,000 for it about 2 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

 

 

 

 

 

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