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$475,000

Beds
3
Baths
1.0
sq ft
1,184

1145 Boca Ciega Isle Dr, St Pete Beach, FL 33706

1145 Boca Ciega Isle Dr

ST PETE BEACH, FL 33706

  • 6 days on market
This investment opportunity offers the possibility of purchasing two adjacent lots on Boca Ciega Isle peninsular in St. Pete Beach, with prime waterfront views of the intercoastal waterway across the Street at Boca Ciega Isle Mini Park, the property boasts close proximity to the iconic Don CeSar Hotel and the Tradewinds Hotel, as well as easy access to the golden sands of St. Pete Beach. Both single-story homes on the property have undergone stage one of storm restoration, with drywall removed, allowing for potential redevelopment. The combined lot sizes are 75ft x 100ft for 1145 Boca Ciega Isle Dr ($475,000) and 75ft x 107ft for 1141 Boca Ciega Isle Dr ($475,000), offering ample space to build one or two dream homes. The real value here lies in the land, offering an excellent opportunity for a custom build in a highly sought-after location. Don’t miss out on this rare chance to create a luxurious residence in one of the most desirable areas of St. Pete Beach. Easy access to I275 and Tampa International Airport and all the great restaurants, bars and shopping offered both in downtown St Pete and Tampa.

Details

Property type

Single Family Residence

Est. home value

$602,474

Lot size

7,575 sq ft

Price per sq ft

$402

Year built

1947

Annual property taxes

$7,158

HOA

No

Price History

01/16/2025
StellarMLS

StellarMLS #TB8339314

Listed
$475,000
+69.64%
02/19/2007
StellarMLS

StellarMLS #T2215277

Sold
$280,000

Schools & Community

Elementary school: 

Azalea Elementary-PN

Middle school: 

Bay Point Middle-PN

High school: 

Boca Ciega High-PN

Negotiation Insights

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

Seller could get up to

$323,490
Asking price
$475,000
Closing costs (~8% of asking)
-$38,000
Est. remaining loan balance
-$113,510
Cash to seller
$323,490

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

United Wholesale Mortgage Llc

Loan start date

December 2020

Original loan amount

$125,000

Est. remaining balance

$113,510

Interest rate

2.81%

Loan type

New Conventional, 30 year

Seller

Seth Ravenna and Erik Ravenna

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?

Status: Active

Tomo last checked: 01/22/2025 at 2:20 PM

Listing updated: 01/18/2025 at 12:54 AM

Listed by: Jason Pithers, COLDWELL BANKER REALTY Phone #: (813) 977-3500

MLS: StellarMLS #TB8339314

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