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$1,350,000

Beds
3
Baths
2.0
sq ft
1,930

1367 51st Ave NE, Saint Petersburg, FL 33703

1367 51st Ave NE

SAINT PETERSBURG, FL 33703

  • 12 days on market
DID NOT FLOOD. Why rent when you can move into this waterfront beauty ready for immediate occupancy. This exceptional property has NEVER experienced flood loss, even during hurricanes Helene and Milton—a true testament to exceptional elevation. Completely renovated in 2023-2024, this home showcases a modern transformation that will take your breath away. From the moment you step inside, you’ll be greeted by breathtaking water views and the elegance of new luxury vinyl flooring throughout. The gourmet kitchen is a showstopper, featuring a striking waterfall-edge island with casual bar seating and all-new high-end appliances, including a gas range. The spacious dining area and expansive living room offer a seamless flow to the pool, patio, and waterfront—perfect for entertaining or relaxing. All-new impact windows and sliders are on order and will be installed soon, providing added security and peace of mind. The home's split floor plan includes a tranquil primary suite that feels like a private retreat, complete with a luxurious walk-in shower and a beautifully designed bathroom. New interior doors, including a custom front door, add an extra touch of sophistication.Step outside to your covered patio, where indoor-outdoor living becomes a dream come true. Enjoy the cool bay breeze while lounging by your new pool, or take advantage of your private dock with a 13k boat lift. And rest easy knowing the brand-new seawall ensures lasting protection.Ponderosa Shores is a hidden gem in St. Pete offering higher elevation, easy access to the new 40th Ave bridge (perfect for bigger boats), and close proximity to the new Shore Acres Rec Center and Denver Park for pickleball, tennis, and baseball. Major updates have already been done for you, including a new metal roof, new AC with gas heat, new gas water heater (all in 2022), as well as a new dock and boat lift with remote from 2016. The seller is also open to selling furnishings and a golf cart (separately), making this home truly move-in ready. All this, plus a prime location just minutes from two international airports, downtown St. Petersburg, and the world-famous beaches. Don’t miss out on this rare opportunity to own your slice of waterfront paradise!

Details

Property type

Single Family Residence

Est. home value

$911,849

Lot size

8,551 sq ft

Price per sq ft

$700

Year built

1974

Annual property taxes

$7,988

HOA

No

Price History

10/24/2024
StellarMLS

StellarMLS #TB8312692

Listed
$1,350,000
+51.7%
09/22/2023
StellarMLS

StellarMLS #U8210960

Sold
$889,900
+131.14%
04/28/2016
StellarMLS

StellarMLS #T2801198

Sold
$385,000

Schools & Community

Neighborhood: 

Shore Acres

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

$736,749
Asking price
$1,350,000
Closing costs (~8% of asking)
-$108,000
Est. remaining loan balance
-$505,251
Cash to seller
$736,749

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

Seller’s Loan History

Lender

Morgan Stanley Private Bank Na

Loan start date

September 2023

Original loan amount

$511,000

Est. remaining balance

$505,251

Interest rate

6.9%

Loan type

New Conventional, 30 year

Seller

Troy Allen Buswell and Breone Buswell

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: 11/05/2024 at 4:15 AM

Listing updated: 10/28/2024 at 5:33 PM

Listed by: Georgia Janas, NORTHSTAR REALTY Phone #: (727) 528-7653

MLS: StellarMLS #TB8312692

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