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433 S PAULA DRIVE UNIT 31

Condo/Co-op Active With Contract
$675,000

BTC: 10.54687500

ETH: 375.00000000

-$50K (2026/04/17)
124 days
Waterfront
3 bds
2 ba
1,755 sqft

Overview

Under contract-accepting backup offers. 3-bedroom, 3-bath condominium with assigned carport, located in the waterfront community of South Paula Point Condominiums. This well-maintained two-story residence offers a functional layout with living spaces on the main level and bedrooms upstairs, complemented by thoughtful built-ins, updated finishes, and water views. The main level features an open living and dining area with ceramic tile flooring, crown molding, recessed lighting, and a seamless connection to the kitchen. The kitchen is well-appointed with stone countertops, custom cabinetry, a center island with seating and built-in storage, pendant lighting, tile backsplash, and stainless steel appliances. A tall pantry cabinet with concealed appliance storage provides additional organization, while under-stair built-in shelving maximizes space efficiently. A half bath with a vanity sink and updated finishes is also located on the first floor. Upstairs, the primary suite features luxury vinyl plank flooring, a ceiling fan, dual walk-in closets, and direct access to a private balcony with views of the Intracoastal Waterway and the Gulf of Mexico beyond. The en suite bath includes a dual-sink vanity, stone countertops, shiplap-style wall detailing, updated lighting, and a glass-enclosed walk-in shower with a rain showerhead and a built-in niche. Two additional bedrooms are located on the second level, both with luxury vinyl flooring, ceiling fans, and ample closet space. One bedroom offers water views through wide plantation-shuttered windows. A second full bath features a tub/shower combination with glass enclosure, decorative tile surround, and a vanity with stone countertop. Additional features include a stacked washer and dryer in a dedicated laundry closet with shelving, central air conditioning, electric heating, public utilities, and an assigned carport (Carport #67). South Paula Point Condominiums is an elevator-served waterfront community offering a clubhouse, community pool, sidewalks, and direct access to the Gulf of Mexico and Intracoastal Waterway. Amenities include a kayak rack with ladder access to the Gulf and on-site storage (both first-come, fee-based). Monthly condo fees include exterior maintenance, insurance, water, sewer, trash, pest control, pool maintenance, management, and escrow reserves. Major Improvements & Upgrades: The home has undergone extensive structural, safety, and energy-efficiency improvements. The entire first floor was fully re-sheetrocked (walls and ceilings) with all materials confirmed asbestos-free, and the downstairs ceiling height was increased by one foot through redesigned A/C ducting—significantly enhancing livability and spatial feel. Insulation was fully replaced in 2009, with all old attic insulation removed and new A/C ductwork installed. Hurricane shutters have been added on the water-facing side of the home. Additional updates include a newer hot water heater, electric fireplace heating, dehumidification systems in both the upstairs bath and downstairs half bath, and a custom under-stair storage build-out. Exterior improvements include fully renovated waterside balconies with resealed concrete and upgraded stainless cable railings, replacement and repainting of all exterior stairways, and complete sealing and painting of all buildings (2025). Vertical structural beams supporting the second-floor walkway were also repaired, resealed, and repainted in 2025. For a full list of improvements, see attachments.

Location

Details

Type:
Residential
Parking:
Assigned
Year Built:
1975
Lot:
2.39 Acres
Heating:
Central / Electric
Price/sqft:
$385
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$699,000
$214K – $896K
Confidence Low
List vs. estimate
$24K below estimate
List $675,000 · -3.4%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$384
+70.9% vs. city median $225
Based on
7 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$4,943
2024
View
Water
Waterfront
Gulf/Ocean Front, Gulf/Ocean
Pets
Allowed
All facts and features
  • Flooring

    • Ceramic Tile

    • Luxury Vinyl

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • Built-In Oven

    • Dishwasher

    • Dryer

    • Electric Water Heater

    • Ice Maker

    • Microwave

    • Range

    • Refrigerator

    • Washer

    Other interior features

    • Built-in Features

    • Ceiling Fan(s)

    • Crown Molding

    • Eating Space In Kitchen

    • Kitchen/Family Room Combo

    • Living Room/Dining Room Combo

    • Open Floorplan

    • PrimaryBedroom Upstairs

    • Solid Wood Cabinets

    • Split Bedroom

    • Stone Counters

    • Thermostat

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Bathrooms: 1

    • Full bathrooms: 2

  • Parking

    • Assigned

    Property

    • Levels: Two

    • Exterior Features: Awning(s) / Balcony / Hurricane Shutters / Lighting / Private Mailbox / Rain Gutters / Sidewalk / Sliding Doors

    Lot

    • Lot: 2.39 Acres

    Other Property Information

    • Parcel Number: 152815843570000310

    • Zoning: RES

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Utility

    • Cable Connected

    • Electricity Connected

    • Public

    • Sewer Connected

    • Street Lights

    • Water Connected

  • Other financial information

    • Annual tax amount: $4,944

  • Source details

    • MLS ID: TB8468103

    Other facts

    • Construction Materials: Concrete / Wood Frame

    • Foundation Details: Slab

    • Fireplace Features: Electric / Living Room

    • Laundry Features: Electric Dryer Hookup / Inside / Laundry Room / Same Floor As Condo Unit

    • Lot Features: FloodZone / City Lot / Landscaped / Near Golf Course / Near Marina / Near Public Transit / Sidewalk

    • Patio And Porch Features: Deck / Front Porch / Rear Porch

    • Window Features: Shutters / Wood Frames

    • Direction Faces: North

    • Other Structures: Shed(s) / Storage

    • Waterfront: Yes

    • Fireplace: Yes

    • Water Body Name: GULF OF MEXICO

    • Living Area: 1755

    • Water Source: Public

    • Subdivision Name: SOUTH PAULA POINT CONDO

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: KELLER WILLIAMS SOUTH TAMPA