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$544,000
2 bed 2 bath 1,293 sqft

725 CORAL REEF DRIVE, Tampa, FL 33602

Condo Pending Sale On ZeroDown for 2 months
MLS Status: Pending

****SELLERS ARE OFFERING $15K CREDIT TO BE USED AT BUYERS DISCRETION (MORTGAGE RATE BUY DOWN TO ACHIEVE A LOWER RATE, CLOSING COSTS, ETC.) Welcome to Island Place, a highly sought-after neighborhood on beautiful Harbour Island! Enjoy resort style living in this waterfront community with 24-hour gated security, 2 private pools, fitness center, tennis courts and beautifully landscaped grounds. Located in the Gorrie/Wilson/Plant School District, this 3-story condo is complete with 2 large bedrooms, 2 full bathrooms, lots of closets/storage space, an open floor plan, and a coveted 2-car garage. Light fills the main living space that features high ceilings and sliding glass doors that lead to your private balcony. The family room, dining room, kitchen combo is a perfect space to entertain guests. The dining room could also be used as a home office. Granite counters, wood cabinetry and a large pantry complete the kitchen that is open to the rest of the living space. The multi-level floorplan also includes a large laundry closet with wash & dryer included in the sale. Island Place is a quiet retreat yet close to the City and all Tampa has to offer. Conveniently located to Sparkman Wharf, Water Street, Amalie Arena, The Riverwalk and USF Medical School. Downtown Tampa/Water Street/Channelside is teaming with amazing restaurants, arts & culture. Take a stroll or exercise on the Riverwalk or Bayshore Blvd. You are really in the middle of all the cool stuff happening in our wonderful city! SELLERS ARE WILLING TO WORK WITH AN INTEREST RATE BUY DOWN OR OTHER PROGRAMS TO HELP BUYER ACHIEVE A BETTER RATE.

All About The Home

Property Details for 725 CORAL REEF DRIVE

Property Facts
Status
Pending
Property Type
Residential, Condominium
Style
Traditional
Community
TAMPA
HOA Dues
$619.77/month
Year Built
1993
MLS #
T3407322
Virtual Tour
Floor Size
1,293 sq ft.
View(s)
City, Trees/Woods
City
Interior Features

Bedroom Information

# of bedrooms:
2

Bathroom Information

# of Baths (Total):
2
# of Baths (Full):
2

Rooms Information

Appliances:
Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer

Room 1 Information

Room Type:
Master Bedroom
Dimensions:
13x11
Features:
Ceiling Fan(s), En Suite Bathroom

Room 2 Information

Room Type:
Bedroom 2
Dimensions:
11x13
Features:
Ceiling Fan(s), En Suite Bathroom, Tub With Shower, Walk-In Closet(s)

Room 3 Information

Room Type:
Dining Room
Dimensions:
12x9

Room 4 Information

Room Type:
Kitchen
Dimensions:
12x10
Features:
Closet Pantry

Room 5 Information

Room Type:
Great Room
Dimensions:
16x17
Features:
Ceiling Fan(s)

Heating & Cooling Information

Heating:
Central
Cooling:
Central Air

Laundry Information

Laundry:
Inside, Laundry Closet

Interior Information

Flooring:
Hardwood, Tile
Windows:
Shutters
Interior Features:
Ceiling Fans(s), High Ceilings, Master Bedroom Upstairs, Open Floorplan, Solid Wood Cabinets, Stone Counters, Walk-In Closet(s), Window Treatments
See 20+ more property details
Listed by: Jill Neuman
Brokerage: KELLER WILLIAMS TAMPA CENTRAL
MLS#: T3407322
Source: Stellar MLS
Details provided by Stellar MLS and may not match the public record.

Location

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Financials

How much will I pay?

$2,436 /month See breakdown
20% down, 30 year mortgage, 5.565% APR
Estimated cash to close
$118,249
Rates by TPH ZeroDown Brokerage Inc. (NMLS#2262539)
Note: Actual amounts may vary. This cost estimate is for informational purposes only and is not intended to be construed as financial advice. see legal disclaimer

Market Comparison for 725 CORAL REEF DRIVE

There aren't too many bidding wars right now in 33602, with homes selling 4% below asking price over the last three months.

Built in 1993, this home is older than average among homes for sale in Island Place Condominiums.

Price Tracker for 725 CORAL REEF DRIVE

Is 725 CORAL REEF DRIVE a good investment?

Home values in 33602 have grown 16.3% per year over the last three years.

Home History

What work has been done on 725 CORAL REEF DRIVE?

This home has 2 permits over the last 7 years.

What should I look out for?

Built in 1993, this home is older than average among homes for sale in Island Place Condominiums.

Built in 1993, this home is older than average among homes for sale in 33602.

Public Facts about 725 CORAL REEF DRIVE

This home last sold in 2012 for $178500. It was last assessed for taxes in 2020 for $180349.

Built in 1993, this home is older than average among homes for sale in Island Place Condominiums.

Around The Neighborhood

How Are the Schools in Island Place Condominiums?

33602 public schools nearby are not great, ranking below the Greater Tampa Bay Area region average.

Can I raise a family in Island Place Condominiums?

62% of homes in 33602 are renter-occupied with an average household size of 1.8 members.

There are plenty of options for childcare for young families in 33602, including Ybor Early Childhood L and Richardson's Daycare & Learning Center. Proximity to urgent care centers such as Convenient Medical & Health Services, FOI Urgent Care South Tampa, and OPE Healt is also a plus.

Is Island Place Condominiums safe?

33602 is relatively safe compared to the Greater Tampa Bay Area region.

What are my public transportation options in Island Place Condominiums?

More than 76% of commuters drive to work alone in 33602.

Public transit in 33602 is provided by HART, with 7 HART tram stops, 85 HART bus stops, and 7 HART ferry stops

33602 has a walk score of 84, a bike score of 69, and a transit score of 66. This neighborhood is walkable and most errands can be done on foot.

Where Can I Charge My Electric Vehicle near 725 CORAL REEF DRIVE?

There are 15 electric vehicle charging locations in 33602 with a total of 58 level 2 chargers .

Recently Sold Homes in Island Place Condominiums

26 homes were sold in 33602 this month, which is 73% higher than last month and 16% lower than last year.

Quality of Life
Milkyway

How is the night sky in Tampa?

Expect bright, city-like skies and very high light pollution that makes the sky background bright and glowing enough to read at night, with only the brightest stars being visible.

Natural Hazards risk in Tampa

This home is in flood zone X which is low risk. Flood insurance is available for properties in this zone, but is not required.

How are the noise levels in Island Place Condominiums?

Ambient noise level around this home is < 40 dBA, classified as faint - safe for any time period. Sounds like a quiet library.

Is the air quality good in Island Place Condominiums?

The air quality in 33602 was good last year, with 1 days when the Air Quality Index exceeded 100.

Will I Like My Neighbors in Island Place Condominiums?

This home is in a precinct that voted for Joe Biden in 2020, who took 50% of the 3260 votes cast.

62% of homes in 33602 are renter-occupied with an average household size of 1.8 members.

90.9% of adults in 33602 have completed high school, which is 1.1% higher than the national average.

Who provides the best cell coverage in Island Place Condominiums?

The best mobile coverage in 33602 is provided by AT&T with 237 cellular sites.

How to buy a home in Tampa

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