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$460,000

Beds
2
Baths
1.0
sq ft
664

130 E Bay Dr, Treasure Island, FL 33706

130 E Bay Dr

TREASURE ISLAND, FL 33706

  • 59 days on market
    • Price drop $15,000↓
This charming Sunset Beach bungalow is being sold as-is, following recent storm remediation. Nestled between the stunning Gulf of Mexico and the Intracoastal Waterway, this property offers the best of both worlds—just a short 2 minute stroll to the beach or intracoastal, perfect for fishing, swimming, and relaxing in the sun. Located in a quaint beach community, the incredible location presents endless possibilities. Imagine building your dream beach home in this idyllic setting! Don’t miss your chance to invest in your slice of paradise. Seller is selling subject property at a discount due to flood damage, and hereby keeps right title and interests to pending claim(s). The Buyers purchase price is at a reduced market value due to flooding damage caused by Hurricane Helene and the purchase price includes affected property loss value. Please note that, due to the FEMA 50% rule, renovation feasibility is uncertain, and the seller makes no warranties regarding rehab potential. Sold strictly as-is, with no inspection contingencies. Cash buyers only—no wholesalers, assignable contracts, or subject-to offers.

Details

Property type

Single Family Residence

Est. home value

$545,512

Lot size

3,075 sq ft

Price per sq ft

$693

Year built

1932

Annual property taxes

$5,732.54

HOA

No

Price History

11/25/2024
StellarMLS

StellarMLS #TB8314627

Price change
$460,000
-3.16%
10/25/2024
StellarMLS

StellarMLS #TB8314627

Listed
$475,000
+5.56%
11/08/2021
StellarMLS

StellarMLS #U8133583

Sold
$450,000

Schools & Community

Elementary school: 

Azalea Elementary-PN

Middle school: 

Azalea 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

$24,637
Asking price
$460,000
Closing costs (~8% of asking)
-$36,800
Est. remaining loan balance
-$398,563
Cash to seller
$24,637

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

Seller’s Loan History

Lender

Van Dyk Mortgage Corp

Loan start date

November 2021

Original loan amount

$427,500

Est. remaining balance

$398,563

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

John Robert Tranum and Katherine Elizabeth Mamot

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: 12/23/2024 at 12:20 PM

Listing updated: 11/25/2024 at 5:51 PM

Listed by: Chris Price, KELLER WILLIAMS ST PETE REALTY Phone #: (727) 894-1600

MLS: StellarMLS #TB8314627

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