Waterfront Equity & Investment Property Wizard Pinellas Beaches & Commercial Vol. 01-17 YOUR FINEST REAL ESTATE EXPERIENCE...GUARANTEED! Donna Reichenbach, GRI, CIPS, TRC, MRP Waterfront Property Specialist DonnaReichenbach@topproducer.com 727.492.9995 Michael Reichenbach, CCIM, SFR, CIPS, TRC Commercial Broker Associate MReichenbach@CCIM.net 727.641.5918 www.c21beggins.com/mr Our goal is to provide you up to date information and knowledge: The ups and downs of our local markets for waterfront homes, condos and estate homes. Award winning expertise, negotiations and representation for your needs. Needed info on Short Sales, REO s, and ramifications, requirements and opportunities. True real estate values in today s market. The latest tips on commercial real estate, investment, financing, and business opportunities. Answers for all your real estate questions If we don t know, we can find out. We first want to thank all of our 2016 clients for helping us achieve our goals of continued CENTURION status, top agent status and being able to help so many Buyers and Sellers achieve their real estate goals. Buyers will soon discover the fun of living along the beaches and hopefully you have met or introduced yourself to your neighbors and found, as we have, that they too want to LIVE THE DREAM! All that being said, we have even more ambitious goals for 2017. To that end, we invite you to call us when you are ready to look for an investment property. All statistics indicate that rental properties continue to offer great potential for income and appreciation. Especially those that are that step above the rest. The days of the beach bum being willing to stay anywhere on the beaches just to be able to go to the sand are past. Today s renters are looking for more amenities in the neighborhoods, creative style and updated kitchens and baths. Small units can demand good prices and IKEA and other retailers have proven the market for small still exists. Even if your friends and acquaintances are looking off the beaches, give us a call or give them Donna s card and know that we know most parts of the county very well. Having lived here since the 60 s, we know the communities, the builders and trends. In the 60 s all the young kids lived on the beaches and all the seniors lived downtown. Now more and more young people are looking downtown and seniors have established themselves in the beach condos. However the younger families are now rediscovering the beaches, and want good schools. So after the beaches add a few more amenities the beaches will be attractive to everybody once again. Call us soon.
Pinellas Beach Real Estate Statistics December, 2016 Item Detail Residential Properties Madeira Beach 121 Properties Active and 22 Sold in December $359/SF asked in MB for Active Listings and $310/SF accepted for Sold Listings. Residential Properties Treasure Island 142 Properties Active and 19 Sold in December $379/SF asked in TI for Active Listings and $262/SF accepted for Sold Listings Residential Properties in the 3 Redingtons 133 Properties Active and 19 Sold in December $380/SF asked in Redingtons for Active Listings and $299/SF accepted for Sold Listings Residential Properties in St Pete Beach 151 Properties Active and 32 Sold in December $381/SF asked in St Pete Beach for Active Listings and $282/SF accepted for Sold Listings Residential Properties in Indian Shores/Rocks 156 Properties Active and 27 Sold in December $379/SF asked in Indian Shore & Rocks for Active Listings and $332/SF accepted for Sold Listings Residential Properties in Belleair Bch & Shore 49 Properties Active and 5 Sold in December $379/SF asked in Belleair Bch & Shore for Active Listings and $304/SF accepted for Sold Listings Residential Properties in Clearwater Bch/Island Est 362 Properties Active and 31 Sold in December $395/SF asked in Clearwater for Active Listings and $333/SF accepted for Sold Listings Residential Properties in Tierra Verde/Isla Del Sol 172 Properties Active and 35 Sold in December $289/SF asked in Tierra Verde for Active Listings and $234/SF accepted for Sold Listings Multi Family Properties Pinellas Barrier Islands 35 Properties Active and 3 Sold in December $298/SF asked for Multi-Family Active Listings and $277/SF accepted for Sold Listings Commercial Properties Pinellas Beaches for sale 26 Properties Active and 2 sold in December $328/SF asked for Listings and $168/SF accepted for Sold Listings Statistics per MLS as of 1/13/2017 N E W C O N S T R U C T I O N B A H A M A W I N D S Donna Reichenbach invites you to a private tour of a new construction Model located here in Madeira Beach being offered by GHD Construction Services & CENTURY 21 Beggins Enterprises This Builder can custom build this same home on your or another lot with great amenities available including Net Zero Electric, a 3/2/4 or 5/3/4 sizes, elevated with the best pricing around and with quality construction, your choice of amenities and a lifetime of super low insurance rates and all the advantages of new construction Now New Plans available from $239,900 on your Lot with great construction-perm loans available.
U7772001 12924 GULF BLVD, #410, MADEIRA BEACH, $379,000 Enjoy life and LIVE THE DREAM in a Gulf front building along one of Tampa Bay s and Florida s best beaches. This updated and fully furnished 2 bedroom / 2 bath condo is in and on Sandy Shores. This great community offers a large pool beach side, room for entertaining and relaxation and is right on the sands of Madeira Beach. In addition this community is across from world famous Johns Pass Village offering its great boardwalk, shopping, casual and fine dining, entertainment, fishing, water sports and rentals and all just steps from Sandy Shores. In addition this unit has reserved under-building parking and the community offers short term rentals (3 days +) and great on-site management is available (not required). This income potential, the well maintained complex and the location make this the premier short term rental building to get a return or to return to your vacation home time and time again. U7763409 126 119th Ave E, Treasure Island, FL $260,000 LIVE THE DREAM! Own your own Florida beach island cottage just minutes from the Gulf of Mexico and located on one of the Tampa Bay Beach's most enjoyable communities. This quaint 3 bedroom / 2 bath cottage is concrete block construction and features a large exterior storage shed to keep all your beach toys and equipment. Private drive allows for ample parking for owner and guests. Walk one block to the grandest of all the local beaches with clean white sand, great beach amenities and nearby activities to entertain all ages and generations. Treasure Island offers many different places for dining, shopping and entertainment and easy access to the mainland. Enjoy the many nearby museums, aquariums and theme parks along with the professional and winter homes for all sports. There are a variety of rental options to allow for great income potential during the season. True Florida vacation home and easy show For Buyers to Remember Don t be afraid to talk to the neighbors If a property is on your short list, talk to the neighbors to find out what community activities go on, where the local shops are and to find out about dog parks, bike trails, and neighborhood parks for your kids or yourselves to enjoy the outdoors. Don t skip inspections No matter how handy you are, using a professional inspector always gives you another eye to look at the property. If you choose a qualified inspector, they will have the full check list and all the equipment to make sure all the necessary components are checked and nothing is forgotten. This includes termite inspections, roof inspection and sea wall if applicable. Don't Buy That New Furniture Until After Closing With many of today's buyers purchasing homes at the top end of what they can afford, there isn't any room left in their loan qualification score. Deals have been lost days before closing because the lender did a final credit check and found several thousand dollars of new furniture had just been purchased on a credit card, changing the Buyer s ratios. Significant changes in your cash reserves may also affect your ability to purchase. Do not make any significant credit charges or large cash purchases in this critical pre-closing phase. Stuff Happens - Don't End Up Temporarily Homeless There are so many variables involved in a closing that it's not that unusual for there to be last-minute delays that move a closing a few days farther out. Many times, this is due to loan documents as the lender wants to see all appraisal, survey, title and other documents first. If any of these are delayed, then the closing might be later than expected. Be sure that you have a contingency plan should a delay occur.
U7783192 574 Crystal Dr, Madeira Beach, FL $ 700,000 LIVE THE DREAM! Enjoy the very best in Florida living, both indoors and out. This home was remodeled in 2000 including new plumbing, sewer lines and electric and more. This home offers a great open plan with updated kitchen, island and cabinets, a large living dining area all with views of the water and the great outdoors. A wood burning fireplace and indoor bar overlook the pool. Exit to a covered lanai with an outdoor kitchen and your large pool and deep water dock. Keep your toy on your 10K boat lift, relax in the pool or enjoy the sunsets on the deck, the best in Florida living is here. All your living is on ground level, so no worries about stairs and the 3 large bedrooms offer space for the whole family. The Master has a walk-in closet and the Master Bath has a walk-in shower and jetted tub with views of the water as well. Indoor laundry is convenient and spacious. A/C and termite agreements in effect. The 2 car garage offers space, the lawn has a sprinkler system through reclaimed water and the main entry provides an impressive front to your home. U7783192 533 Crystal Dr, Madeira Beach, FL $ 555,000 This deep water waterfront home offers 3 comfortable bedrooms and 3 baths with an open floor plan so you can take advantage of the best Florida has to offer. This Certified Pre-Loved home comes with the inspection report, WDO Report, 4-Point Inspection Report, and seller paid home warranty and is move-in ready. The 2-car garage and exterior storage shed provide ample room for tools and toys. Your wide dock and protected harborage is ideal for all boats where you are just minutes away from the Gulf of Mexico. This home has tile floors in the living areas with a large beautiful fireplace. Roof was replaced in 2016 and the kitchen was replaced and updated within the past year. This lush Florida landscaped home offers a serene view of the water and a large backyard with ample room for a pool to complete the package for great Florida living. U7784501 7938 Causeways Blvd S, St Petersburg $ 550,000 This beautiful waterfront home is located in the popular waterfront Causeway Isle subdivision of St Petersburg, Florida. With easy access to downtown St Petersburg s downtown, museum and entertainment districts and some of the nation s finest Pinellas Beaches, this updated and well maintained 3/2 home is a must see. Tile floors throughout, a contemporary updated kitchen with stainless appliances, and an open floor plan overlooking a large fenced in back yard make this a great family home. The excellent design features, great waterfront, lush vegetation, deep water and easy access to the intra-coastal and Gulf of Mexico make fun times easier. This home features the updated seawall, extra wide dock, 75 feet of direct waterfront, and ample room for a pool and more. Call for more details and to schedule an appointment to see. 318 129th Ave E, Madeira Beach, FL $ 475,000 This unique waterfront home is just one block from Johns Pass Village and 1 ½ blocks to the beach, with a deep water dock and sailboat water and room for three boats. This tropical lot offers shade trees, a backyard patio overlooking a bay with protected water and yet just minutes by boat to the Gulf of Mexico. Or you can enjoy the many amenities, restaurants and shopping at world famous John s Pass Village or walk under the bridge to the beach park, fabulous sunsets and Florida sunshine and some of the nicest beaches in the world. This home now offers a small garage apartment for potential income and an open floor plan. Potential for updating, rehab or build up depending upon your schedule or desires.
COMING SOON CLOSE TO JOHN S PASS 4-PLEX This great waterfront 4-Plex will offer a great opportunity to the family looking for a winter apartment and a place to keep even the larger boat on deep water close to the Gulf of Mexico. This well maintained property offers 65 on deep water, your own boat dock for fishing, mooring, or just enjoying the early mornings on the water. Four individual 1/1 apartments for income and appreciation or where two can easily be combined to a generous owner s unit with a couple more apartments to offset the costs and expenses. Walking distance to John s Pass Village and the beaches to allow you to really enjoy the best in beach living with potential for appreciation, higher rents and so much more. U7787391 Gulf Blvd, Indian Rocks Beach $675,000 This Gulf Blvd. Indian Rocks Beach Commercial - Restaurant / Apartment property offers great exposure and is just steps to the beach. Currently there is a restaurant that is in operation. This location provides a great retail-store frontage or continued restaurant opportunity on the sought after Gulf Boulevard. There is a large 2 BR/2BA attached apartment you can rent or live in on the property. You will be surrounded by the beaches, shops and be part of the exciting Indian Rocks Beach experience. The living quarters offers expansive 10ft ceilings completely tiled and a slider to the patio that makes this all worthwhile. There is an attic space that is unfinished and currently used as storage for the restaurant. The current Restaurant lease and equipment are negotiable. DO NOT DISTURB THE BUSINESS OWNER. Please schedule an appointment. The business is not for sale. U7769333 833 BAY POINT DR, $525,000 Come see the wonderful open view from one of the few parcels of waterfront lots left on the Barrier Islands. This is a well established neighborhood where all properties are waterfront with the exception of one property that has water access. There is a dock on the property with water. This area is not far from our wonderful white sugar sand beaches, restaurants and easy access to shopping malls, museums, and Tampa Airport. U7797057 14210 E PARSLEY DR, MADEIRA BEACH $325,000 This Beach Island duplex has water views from the front yard, is close to the sands of Madeira Beach and will provide income and value. This property has all the major upgrades. Updated windows, doors, facias, and electric panels to start. Tile floors throughout, large 630 HSF 2/1 units with 2 parking pads and this property is ready for an owner to enjoy one side, rent out the other or just add a quality property to your portfolio knowing that rentals are strong, the beaches are stronger and the lifestyle and local amenities are great. This property offers easy access to the beach with convenient access to the mainland, all the main thoroughfares and all the advantages of Tampa Bay with great sport teams, entertainment venues, museums and aquariums and so much more. U7797873 113 147TH AVE E, MADEIRA BEACH $250,000 This beach island duplex is just 500 feet from some of the finest beaches in Florida in beautiful Madeira Beach. This property is close to Pinellas' beach trolley network that runs up and down the beaches and with easy access to the mainland, shopping, entertainment, dining and still just a short drive to a number of professional sport venues, world class museums, aquariums, zoos and all that adds to Florida s lifestyle. The property is of block construction and each 1 bedroom/1bath 571 HSF unit features central A/C, tile floors, appliances, ample parking and is in a location easy to rent with a good rental history. Separate electric meters, tenants share water, 2011 roof and owner has washer and dryer on site for tenants use. Fenced in area includes covered patio for each unit, common storage and privacy for tenants.
Brand new Miami style condos coming soon. Located right on Gulf Blvd, these 3 bedroom / 3 bath large condos offer the very best in Florida living. One floor per unit. Contemporary design, elegant finishes and great floor plans with private elevator access, balconies from the Living area and Master Bedroom, you will experience the finest in Florida living. A roof-top deck including lounge area, deck and spa pool and great views expands the Sunset and Sunrise experiences. The pool deck and patio downstairs provide casual relaxation, and the private garages provide space and security for your 2 cars or toys you want to enjoy. All of this with short term rentals providing great income potential so that you can enjoy the experience or benefit from it. Reservations being accepted now. Emerging Trends Provides Sector Outlooks for 2017 From C21 On-Line Every year, PricewaterhouseCoopers and the Urban Land Institute release Emerging Trends in Real Estate, one of the industry s most anticipated forecasts. The 2017 edition lists real estate trends and provides forecasts for the various sectors of commercial real estate. Here are some highlights: Industrial. The industrial sector has been a favorite of investors due to its strong performance. The sector is being propelled by strong demand (warehouses, in particular, due to the popularity of e-commerce), limited new construction and a perception that industrial properties have lower risk. Apartments. The multifamily sector has had a good run of success, driven by demand from renters by choice as well as those who can t afford to buy. But in some parts of the country, yields are down due to rent pressure from competition and high prices on investment properties. Office. According to Emerging Trends, the outlook for office properties is less rosy than for other sectors. Foreign investment has been leading the charge for prime central business district properties, and that s not forecast to decline. But rising prices are leading some investors to look at smaller markets for better returns. Retail. Emerging Trends indicates that many industry professionals have concerns about retail. E-commerce remains a major competitor to in-person shopping. So-called high street retail in urban areas is in demand, and mall owners are increasingly adding entertainment and experiences for shoppers in order to attract them. Emerging Trends is based on interviews and survey responses from more than 1,800 real estate experts, including investors, fund managers, developers, lenders and brokers. To review the complete report, visit http://bit.ly/2eus7ci. For more information, contact Mike at 727-641-5918
New Year! New Expression! From our Broker, Craig Beggins What an exciting year 2016 was. The fourth consecutive growth year in real estate after nearly 10 years of decline. I recently read an article that said that our Tampa Bay area saw a 10.3% price increase in 2016 which was nearly double that of the nation as a whole. The funny part of the article is that it went on to say that Tampa Bay is still about 10% below the peak home values. That means we should see more safe home appreciation for 2017. Many thanks to our amazing customers, agents and support staff Our firm had our best year ever with over 2,500 properties SOLD. But we ve never been simply about making home sales. As we embark on 2017, we re differentiating ourselves in a new way. The foundation of our business has always been toward a better life for our customers. While we re still a Real Estate brokerage, we re acknowledging ourselves as the Life Betterment Company that happens to be in the Real Estate business. Our expression is BE 3 for your Life Betterment. Beggins Enterprises Empower Educate Encourage = E 3 For Home Buyers, as the Life Betterment Company BE 3 We: (Empower) - Provide Systems and Tools at no cost to you that make your search easier (Educate) Share our Market, Contract and Negotiation Knowledge (Encourage) We ll help you make the best decisions for yourselves Please remember, we don t get paid unless you re successful, and even then, most of the time you don t pay us. For Home Sellers, as the Life Betterment Company BE 3 We: (Empower) - Provide Systems and Tools to help you understand the market and select a price that will cause your house to sell in your desired time frame. (Educate) Share our Market, Contract and Negotiation Knowledge (Encourage) We ll advise you to ensure you understand the agreements And Sellers, Please remember, you don t pay us unless we get the job done. and just so you know how this happens for you: For Real Estate Agents, as the Life Betterment Company BE 3 We: (Empower) - Provide Systems and Tools at no cost to you (Educate) - Teach you the skills to become a great Real Estate Agent (Encourage) Coach you to your Dreams I hope you like our new expression. Please reach out to the agent who sent you this newsletter and us show you how we can help make your life better whether your Buying, Selling or looking for a new career. Until next time, may you have fair weather and following seas! Happy New Year! Craig J. Beggins President, CENTURY 21 Beggins Enterprises
CENTURY 21 Beggins Enterprises Donna Reichenbach@topproducer.com 727-492-9995 MReichenbach@ccim.net 727-641-5918 Michael & Donna Reichenbach CENTURY 21 Beggins Enterprises Commercial & Investment Network 14995 Gulf Blvd D1 Madeira Beach, FL 33708 www.c21beggins.com/mr This is not a solicitation to list for parties that currently have their property listed.