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7500 40TH AVENUE W UNIT 203

Condo/Co-op For Sale
$125,000

BTC: 1.95312500

ETH: 71.59221077

30 days
2 bds
2 ba
1,146 sqft

Overview

Condo Fees for 2026 will be paid by seller!! Great opportunity for a full-time residence, seasonal place, or rental investment. This 2-bedroom, 2-bath condo offers a functional layout with a combined living and dining area that opens to a large, screened lanai through sliding glass doors—providing additional space to relax or entertain. The kitchen features white cabinets, black countertops, a spacious pantry, and an in-unit washer and dryer for added convenience. The primary bedroom is generously sized with room for a king bed and dresser, along with a walk-in closet and sliding door access to the lanai. The en-suite bath includes a walk-in shower and extra storage. A second bedroom and bath offer flexibility for guests or tenants. Additional features include a private storage room and access to community amenities such as a heated pool, hot tub, clubhouse with Wi-Fi and big screen TV, community grill, rec room with pool table and workout equipment, as well as tennis/pickleball courts. Located approximately 4.5 miles from the Gulf and beautiful area beaches, this condo offers a very convenient location to a shopping center with a branded grocery store, restaurants and other shopping. The condo has solid rental potential. No Pets other than service dogs. Located on the same street is Palma Sola Park. Palma Sola features baseball fields with lighting, a full-size football field, and two softball fields. For families and groups, there's a playground for the kids, along with grills for a perfect outdoor picnic experience. A rentable pavilion offers a great spot for gatherings, making this park the ideal destination for both sports enthusiasts and those looking to enjoy the outdoors. Next to Palma Sola Park is Inspiration Academy. Inspiration Academy, grades K through 12, is an educational community committed to partnering with families in the holistic development of each student-spiritually, academically, and personally. Let me repeat!! an unheard-of advantage, the condo comes with no monthly condo fees for the rest of 2026.

Location

Details

Type:
Residential
Parking:
No Data
Year Built:
1981
Lot:
3.87 Acres
Heating:
Heat Pump / None
Price/sqft:
$109
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$167,000
$128K – $221K
Confidence Low
List vs. estimate
$42K below estimate
List $125,000 · -25.1%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$109
-41.4% vs. city median $186
Based on
5 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$2,983
2025
View
City
Pets
Not allowed
All facts and features
  • Flooring

    • Carpet

    • Tile

    Heating

    • Heat Pump

    • None

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Electric Water Heater

    • Microwave

    • Range

    • Refrigerator

    • Washer

    Other interior features

    • Ceiling Fan(s)

    • Living Room/Dining Room Combo

    • Split Bedroom

    • Walk-In Closet(s)

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Property

    • Levels: One

    • Exterior Features: Balcony / Courtyard

    Lot

    • Lot: 3.87 Acres

    Other Property Information

    • Parcel Number: 5154400708

    • Zoning: RMF9

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Utility

    • Electricity Available

    • Public

  • Other financial information

    • HOA Frequency: Monthly

    • Annual tax amount: $2,984

  • Source details

    • MLS ID: A4690964

    Other facts

    • Construction Materials: Brick

    • Foundation Details: Slab

    • Laundry Features: In Kitchen

    • Patio And Porch Features: Screened

    • Direction Faces: West

    • Living Area: 1146

    • Water Source: None

    • Subdivision Name: HERON HARBOUR PH I

Private inquiry
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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: RE/MAX ALLIANCE GROUP