Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Seminole Condo Overlooking Golf Course Title is generated by Realmo AI

    8950 PARK BOULEVARD 505, Seminole, FL 33777

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $145,900

    Two-bedroom, two-bath condo with golf course view.

    Type:Condo/Townhome
    Property size:
    1,125 SF
    Price / SF:
    $129/SF
    Added:
    Mar 24, 2026
    Days on Market:
    53
    Last Refresh:
    Apr 6 at 1:25 am

    Property Features for 8950 PARK BOULEVARD 505

    General Information

    Standard status
    Active
    Size
    1,125 SF
    Property subtype
    Condo/Townhome

    Building Details

    Year Built
    1971

    We can help!

    Listing Contact
    Gary Coe

    Listing agent Gary Coe License #3117664

    Listing office COLDWELL BANKER REALTY

    Listing date Mar 24, 2026

    Source Exitrealty

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of COLDWELL BANKER REALTY

    HighLights

    • Golf course view overlooking Seminole Country Club.
    • 2 bedroom, 2 bath condo.
    • Wing unit with full windows on one side.
    • Heated community pool and rec room with workout equipment.
    • Centrally located close to shopping and restaurants.
    • Close to beaches and VA hospital.

    Overview

    This is a two-bedroom, two-bath condo located on the 5th floor, offering views of the Seminole Country Club golf course. As a wing unit, it features full windows on one side. Residents have access to a heated community pool and a recreation room equipped with workout equipment. The property is centrally located, providing convenient access to shopping, beaches, and a variety of restaurants. The unit is also available for lease and has a size of 1125 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential income properties

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Seminole
    County
    Pinellas
    State
    Florida
    Longitude
    -82.762942
    Latitude
    27.8386517

    Nearby Similar for Sale

    • $2,200,000
      7,664 SF

      Fully Leased Medical Office Investment

      Fully leased medical office building in central South Pinellas.
      8588 STARKEY ROAD, SEMINOLE, FL 33777
      View Details
    • $2,200,000

      Fully Leased Medical Office Investment

      Fully leased medical office building in central South Pinellas.
      8588 STARKEY Rd, Seminole, FL 33777
      View Details
    • $599,000
      2,100 SF

      Freestanding Medical Office on Seminole

      2,100 SF medical office building with direct frontage.
      9387 Seminole Blvd, Seminole, FL
      View Details
    • $325,000
      1,071 SF

      Top Floor Unit with Extras

      Spacious top-floor unit with cathedral ceilings and included extras.
      10764 70TH AVENUE 3305, SEMINOLE, FL 33772
      View Details
    • $104,900
      608 SF

      Remodeled Seminole Gardens One Bedroom

      Remodeled one-bedroom unit near pool, shopping, and Redington Beach.
      8425 112TH STREET 106, SEMINOLE, FL 33772
      View Details
    • $2,500,000
      10,600 SF

      Seminole Freestanding Building For Sale

      10,600 SF building on 1.6 acres in Seminole, Florida.
      7633 131st Street N., Seminole, FL 33776
      View Details
    • $175,900
      900 SF

      Updated First-Floor Unit Near Park

      Inviting 2BR/2BA unit with modern updates, close to amenities.
      8151 HEATHERWOOD DRIVE 110, SEMINOLE, FL 33777
      View Details
    • $230,000
      1,090 SF

      Corner Unit Home with Balcony

      Two-bedroom home with vaulted ceilings, balcony, and covered parking.
      8737 BARDMOOR PLACE 101, SEMINOLE, FL 33777
      View Details
    • $1,290,000
      3,950 SF

      Medical Office Investment Opportunity

      Medical office building for sale with long-term tenant.
      7603 Seminole Blvd, Seminole, FL
      View Details
    • $2,350,000
      10,600 SF

      Seminole Freestanding Building For Sale

      10,600 SF freestanding building suitable for school or worship center.
      7633 131ST STREET, SEMINOLE, FL 33776
      View Details
    • $317,000
      1,335 SF

      Updated Townhome in Lake Seminole

      Updated 3-bedroom townhome with modern amenities and community features.
      9209 SEMINOLE BOULEVARD 209, SEMINOLE, FL 33772
      View Details
    • $325,000
      1,528 SF

      Seminole Townhome Near Award-Winning Beaches

      Corner 3-bedroom townhome near beaches, shopping, and Seminole City Center.
      11056 63RD AVENUE, SEMINOLE, FL 33772
      View Details

    FAQs

    What type of property is this?
    Residential income property - Two-bedroom, two-bath condo with golf course view.
    Where is this residential income property located?
    The property is located at 8950 PARK BOULEVARD 505 Seminole, FL.
    What is the asking price?
    The asking price for this property is $145,900.
    What are key features of this property?
    This property features: Golf course view overlooking Seminole Country Club.; 2 bedroom, 2 bath condo.; Wing unit with full windows on one side.
    (727) 581-9411
    We can help!
    Listing Contact
    Gary Coe
    Real Estate License ID: 3117664
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    8950 PARK BOULEVARD 505, SEMINOLE, FL 33777
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!