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$399,000

Beds
3
Baths
3.0
sq ft
1,778

140 88th Ave NE, Saint Petersburg, FL 33702

140 88th Ave NE

ST PETERSBURG, FL 33702

  • 15 days on market
    • Price drop $26,000↓
Welcome to Riviera Bay, the best neighborhood in the world! Known for its stunning waterfront views, friendly community, and vibrant lifestyle. This is your chance to own a remarkable property that boasts an outstanding layout, perfect for those looking to create their dream home. While the home has recently experienced flooding, it presents a unique opportunity for the visionary buyer. With its spacious floor plan, and abundant natural light, the potential for transformation is limitless. Whether you choose to renovate the existing structure or start fresh with new construction, the possibilities are endless! Imagine designing a custom home that reflects your style and preferences, all while being nestled in a neighborhood that offers a welcoming atmosphere, access to beautiful parks, and proximity to local amenities. Riviera Bay is not just a place to live; it's a lifestyle filled with outdoor activities, community events, and a strong sense of belonging. The current owners are offering the home as-is for added convenience, making this an excellent opportunity for investors or those looking to build equity through renovation. Don’t miss your chance to secure a property in this prestigious neighborhood and turn your vision into reality. Seize this opportunity to create the home of your dreams in Riviera Bay! Contact us today for more information and to schedule a viewing. Your new beginning starts here!

Details

Property type

Single Family Residence

Est. home value

$443,534

Lot size

7,815 sq ft

Price per sq ft

$225

Year built

1968

Annual property taxes

$1,928.52

HOA

No

Price History

10/28/2024
StellarMLS

StellarMLS #TB8313045

Price change
$399,000
-6.12%
10/21/2024
StellarMLS

StellarMLS #TB8313045

Listed
$425,000
-15.84%
04/25/2024
StellarMLS

StellarMLS #U8219395

Sold
$505,000
+1%

Schools & Community

Neighborhood: 

Riviera Bay

Elementary school: 

Sawgrass Lake Elementary-PN

Middle school: 

Meadowlawn Middle-PN

High school: 

Northeast High-PN

Community features: 

Playground

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

$266,419
Asking price
$399,000
Closing costs (~8% of asking)
-$31,920
Est. remaining loan balance
-$100,661
Cash to seller
$266,419

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

Seller’s Loan History

Lender

First Federal Bank Of Florida

Loan start date

January 2009

Original loan amount

$150,000

Est. remaining balance

$100,661

Interest rate

5.47%

Loan type

Not Provided, 30 year

Seller

Kathryn Lynn Gloer

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 9:45 AM

Listing updated: 10/28/2024 at 9:15 AM

Listed by: Brad Bess, COLDWELL BANKER REALTY Phone #: (727) 822-9111

MLS: StellarMLS #TB8313045

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