Tierra Verde — 3 Bed / 3.5 Bath — Buy-and-Hold — End-Unit with Pool Views & New Roof + New High‑Efficiency A/Cs

About this property

<p>Property Overview</p><ul><li data-list-item-id="ecfaa3a776dd9ca9c44e4700cd1d80657">Address: Tierra Verde, FL 33715</li><li data-list-item-id="e2c71c094e99d3997dfbeae4b2d45dd9c">Property Type: Condo / Townhome (End Unit)</li><li data-list-item-id="ea4410a5e0cdd9b87f9e60bc896f995d1">Bedrooms / Bathrooms: 3 bd / 3.5 ba</li><li data-list-item-id="e11546b89a4788aa794b76ec247fc3a3c">Size: 2,236 sq ft</li><li data-list-item-id="e010ed484b06af9c646b73e94d91a7f3d">Stories: 2</li><li data-list-item-id="e3e002ce89ffbcfe13286d72a67b7821e">Year Built: 1999</li><li data-list-item-id="ecdefe1c7407dd3c0a86d4430b646a3ab">List Price: $455,200</li></ul><p>Key Features &amp; Highlights</p><ul><li data-list-item-id="ea8be85eb8cfbfd2be1dfa144062a87d4">End-unit townhouse with extra privacy, natural light and elevated marketability</li><li data-list-item-id="e4b8c3863bdbb37cf092133ac71dcdb7c">Family room with direct pool views — strong appeal for both rentals and owner-occupiers</li><li data-list-item-id="eaaa260b5280aa02b2787caa5c1f1ec73">Two private balconies for outdoor living and added lifestyle value</li><li data-list-item-id="ea4b5b9949c3aebd2bfe123a2cb233545">Recent capital improvements: two new high-efficiency A/C units and a newly installed roof — reduces near-term CapEx and improves buyer/investor confidence</li><li data-list-item-id="eb62d28a5822bd51a327920aefeb8d270">Excellent Tierra Verde location: quick access to Fort De Soto Park beaches and an easy drive to downtown St. Petersburg amenities</li><li data-list-item-id="ef42d5ac3383a0bfa360fb90630302122">Spacious 2,236 sq ft footprint — attractive for families, professionals or high-end rental setups</li></ul><p>Repairs Needed</p><ul><li data-list-item-id="e1bd11ae4b07ada51ccdd6b12194b5803">N/A</li></ul><p>ARV Breakdown &amp; Comparables</p><p>Projected ARV range (based on recent Tierra Verde / Pinellas Bayway townhome &amp; condo sales and price-per-sqft trends):</p><ul><li data-list-item-id="ed81f05a622d03487d02c03fc9aa9d14e">Suggested ARV range: $900,000 – $1,050,000</li><li data-list-item-id="e8c1b5f4e544dff0e17f702a66ab3bf95">Rationale: recent nearby turnkey/waterfront townhomes and condos are achieving in the ~$438–$479 / sqft range; applying a market-driven $400–$480/sqft to the subject (2,236 sqft) produces an indicative range roughly in line with the ARV above.</li></ul><p>Comparable recent sales (select public records / MLS listings):</p><ul><li data-list-item-id="eb620ecfe1d987e1e23d652445e86680b">1077 Pinellas Bayway S — Sold 03/24/2025 — $1,060,000 (~$479/sqft). Waterfront/end-unit listing, strong finish level.</li><li data-list-item-id="eccc73c69152fc3635346e6ac77aca033">737 Pinellas Bayway S, Unit 102 — Sold 03/28/2024 — $762,500 (~$477/sqft per that sale record). High-end finishes and waterfront orientation drove price.</li><li data-list-item-id="e65be5d46b5401228d6e1f66085a3afaf">340 Pinellas Bayway S, Apt 203 — Sold 02/24/2026 — $499,000 (~$438/sqft reported for a 3-bed condo in the area). Useful as a mid-tier comparablе within Tierra Verde condo market.</li></ul><p>Notes on comparables and valuation:</p><ul><li data-list-item-id="e7fa9d4b08dac58d7293f1dacfe3b822b">These comps include waterfront and higher-amenity units which push price/sqft up; the subject is a Tierra Sound Townhomes end-unit with pool views (not direct deep-water frontage), so final ARV adjustments should account for waterfront premium, deeded boat slip presence (if any), finish level, and association amenities/reserves. Market evidence shows a material premium for direct waterfront/deep-slip units in Tierra Verde.</li></ul><p><i>The information provided in this section (ARV and comparables) is for demonstrative purposes only and should not be taken as fact.</i></p><p>Investment Potential</p><ul><li data-list-item-id="e7f707ae0331c50ffd0155faecd112ed7">Low immediate capital needs (new roof + new A/Cs) shorten the timeline to lease-up or resale</li><li data-list-item-id="ee2625c67acfa01d763f35f1953d32453">Pool views + balconies and Tierra Verde location support premium rents or a higher resale price after light cosmetic upgrades</li><li data-list-item-id="e1192f608f047412638d2163a6eeb0999">Good candidate for buy-and-hold coastal rental or for a cosmetic flip aimed at buyers seeking turn-key coastal living</li></ul><p>Don’t wait — demand for quality Tierra Verde units remains strong. Get a targeted CMA or an in-person appraisal to lock down a precise ARV and pricing strategy.</p><p>Call Davin Ruxley at (954) 517-9951!</p>

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