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$799,000

Beds
3
Baths
2.0
sq ft
1,570

117 88th Ave, Treasure Island, FL 33706

117 88th Ave

TREASURE ISLAND, FL 33706

  • 129 days on market
Looking to invest in the beach life and double your income generating potential? We invite you to view this Gorgeous Sunset Beach Cottage with Guest Apartment Mother-in-law Suite. Home is packed with architectural features, and Mid Century Modern touches with Vaulted ceilings and Skylights, which add dimension and create a unique ambiance. New Central Heat/Air 2023. New double-paned hurricane windows 2021. New shingle roof 2020. Main unit includes open concept living/dining area with Gumbo Limbo wood floors, 2 bedrooms, kitchen with Stainless Steel Appliances including a Viking Gas Range, pull-out pantry & recessed lighting, remolded bathroom with spacious shower, plenty of storage, laundry room, and walk-in closet. This versatile space also includes a Loft area, which can be utilized as an extra bedroom, studio space, second living room, office or more. Guest Apartment has separate entrance, spacious studio style sleeping/lounging area, full kitchen, bathroom and walk-in closet. Located in the heart of vibrant Sunset Beach just steps from the Gulf of Mexico and the beautifully Renourished Beach. Main unit and guest apartment are move-in ready and awaiting your arrival. Furnishings are negotiable.

Details

Property type

Single Family Residence

Est. home value

$662,023

Lot size

1,599 sq ft

Price per sq ft

$509

Year built

1940

Annual property taxes

$6,059

Price History

05/12/2024
StellarMLS

StellarMLS #O6202545

Listed
$799,000
+83.68%
08/06/2018
StellarMLS

StellarMLS #U8007771

Sold
$435,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$463,449
Asking price
$799,000
Closing costs (~8% of asking)
-$63,920
Est. remaining loan balance
-$271,631
Cash to seller
$463,449

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

Seller’s Loan History

Lender

Broker Solutions Inc

Loan start date

July 2020

Original loan amount

$298,243

Est. remaining balance

$271,631

Interest rate

3.15%

Loan type

New Conventional, 30 year

Seller

Willie C Owens Jr and Sharon Monette Owens

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: 09/18/2024 at 7:40 PM

Listing updated: 08/31/2024 at 5:35 PM

Listed by: Steven Koleno, BEYCOME OF FLORIDA LLC Phone #: (804) 656-5007

MLS: StellarMLS #O6202545

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