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$157,900

Beds
2
Baths
1.0
sq ft
790

1400 Gandy Blvd N Unit 506, Saint Petersburg, FL 33702

1400 Gandy Blvd N Unit 506

ST PETERSBURG, FL 33702

  • 9 days on market
Don't miss out on the rare opportunity to own this amazing income-producing property! The current lease is $1850/month through April 30, 2025. After the lease term, the buyer has the flexibility to continue leasing the unit or convert it to personal use. The condo features a washer and dryer, laminate flooring, an additional master bedroom vanity and sink, a covered screened balcony, and assigned parking. The kitchen has been upgraded with a new oven, refrigerator, and cabinets. Additional upgrades include a new toilet and thermostat. The property is pet friendly and is located in a gated community offering outstanding amenities, including a swimming pool, hot tub, fitness center, racquetball court, BBQ grills, nature trails, playground and a newly renovated clubhouse with fireplace, kitchen and wifi. Ideally positioned with easy access to Gandy Bridge, Tampa, Airports, restaurants, stores, and award-winning beaches. This condo and its community sustained no damage during the hurricane, providing added peace of mind. Whether for investment or personal use, this exceptional property offers great potential.

Details

Property type

Condominium

Est. home value

$151,690

Lot size

35.66 acres

Price per sq ft

$200

Year built

1986

Annual property taxes

$2,519.6

HOA

Yes

Price History

01/24/2025
StellarMLS

StellarMLS #TB8342825

Listed
$157,900
+33.81%
07/09/2021
StellarMLS

StellarMLS #U8102903

Sold
$118,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated, Fitness Center, Park, Playground, Pool, Sidewalks

Seller’s Loan History

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

Lender

Imperial Credit Ind Inc

Loan start date

April 1994

Original loan amount

$28,700

Est. remaining balance

Not provided

Interest rate

7.51%

Loan type

Commercial

Seller

Monroe D Sutton Brown

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: 02/01/2025 at 7:50 PM

Listing updated: 01/30/2025 at 11:37 PM

Listed by: Lauren Westfall, KELLER WILLIAMS SOUTH TAMPA Phone #: (813) 875-3700

MLS: StellarMLS #TB8342825

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