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$2,499,000

Beds
3
Baths
2.0
sq ft
2,636

1118 Monterey Blvd NE, Saint Petersburg, FL 33704

1118 Monterey Blvd NE

ST PETERSBURG, FL 33704

  • 11 days on market
An incredible opportunity to own a waterfront property on Monterey Boulevard NE, overlooking Coffee Pot Bayou. Enjoy 100 feet of prime water frontage with breathtaking sunset views, and the chance to spot dolphins and manatees. The property features a recently updated seawall, a beautiful pool/hot tub, dock, and lift. With the right permits, it’s perfect for a rental property (potentially $7-8,000/month), or it can be restored to move-in ready condition after repairs. Alternatively, there’s potential for new construction with attached plans. Located just minutes from downtown St. Petersburg, yet tucked away on a peaceful street, this home offers unforgettable sunset vistas. Please note, the property has sustained water damage from a recent storm.

Details

Property type

Single Family Residence

Est. home value

$1,933,051

Lot size

0.29 acres

Price per sq ft

$949

Year built

1958

Annual property taxes

$30,404.28

HOA

No

Price History

02/11/2025
StellarMLS

StellarMLS #TB8348320

Listed
$2,499,000
+354.36%
12/15/2010
StellarMLS

StellarMLS #U7427028

Sold
$550,000

Schools & Community

Neighborhood: 

Snell Isle

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Not Available

Loan start date

July 2003

Original loan amount

$29,000

Est. remaining balance

Not provided

Interest rate

5.31%

Loan type

Credit Line (Revolving)

Seller

Jesse Otazo and Joyce B Otazo

Lender

Not Available

Loan start date

December 2002

Original loan amount

$300,700

Est. remaining balance

Not provided

Interest rate

6.13%

Loan type

New Conventional

Seller

Jesse Otazo and Joyce B Otazo

Lender

Amsouth Bank

Loan start date

May 2001

Original loan amount

$50,000

Est. remaining balance

Not provided

Interest rate

7.01%

Loan type

Credit Line (Revolving)

Seller

Jesse Otazo and Joy B Otazo

Lender

Amsouth Bank

Loan start date

May 2001

Original loan amount

$268,000

Est. remaining balance

Not provided

Interest rate

6.89%

Loan type

New Conventional

Seller

Jesse Otazo and Joyce B Otazo

Lender

Amsouth Bk

Loan start date

June 2000

Original loan amount

$70,000

Est. remaining balance

Not provided

Interest rate

8.16%

Loan type

Credit Line (Revolving)

Seller

Jesse Otazo and Joyce B Otazo

Lender

Crossland Mtg Corp

Loan start date

February 1995

Original loan amount

$150,000

Est. remaining balance

Not provided

Interest rate

9.19%

Loan type

Not Provided

Seller

Jesse Otazo and Joyce B Otazo

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 02/22/2025 at 6:10 PM

Listing updated: 02/18/2025 at 9:57 AM

Listed by: Geert Benoot, BENOOT REALTY Phone #: (727) 944-4000

MLS: StellarMLS #TB8348320

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