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$7,290,000

Beds
4
Baths
4.5
sq ft
5,255

1401 Brightwaters Blvd NE, Saint Petersburg, FL 33704

1401 Brightwaters Blvd NE

ST PETERSBURG, FL 33704

  • 973 days on market
    • Price drop $159,000↓
MANY PHOTOS ARE VIRTUALLY STAGED. HIGH AND DRY DURING HURRICANE HELENE & HURRICANE MILTON! This home was built on one of the highest areas in the Snell Isle neighborhood, and it is also a new construction home - it did not have any flood damage during Hurricane Helene and Milton, including the swimming pool. THE LIST PRICE IS BELOW APPRAISED VALUE! THIS LUXURIOUS, NEWLY COMPLETELY IN JULY 2024 WATERFRONT HOME IS A HURRICANE-RATED, TWO-STORY LIVING WITH A 24KW GENERATOR; 11.2 FEET IS THE LOWEST FLOOR ELEVATION, NEXT LEVEL IS 23 FEET! . Located on highly desirable Brightwaters Blvd, this four-bedroom, four-half-bath, mid-century modern home was built by one of Tampa Bay’s Elite Home Builders, JR STRUCTURES LLC. Residing on an OVERSIZED CORNER LOT (totaling 0.41 acres), this home has a salt-water pool with a full-pool-bath & cabana, an outdoor kitchen, and BEAUTIFUL IPE HARDWOOD FROM BRAZILIAN RAINFORESTS accenting portions of the exterior with MULTIPLE TERRACES to enjoy the outdoors. The interior floor plan is open concept, complete with the primary bedroom suite on the main level with two expansive walk-in wardrobes, a stackable laundry closet, and a breakfast bar. The kitchen is a chef's dream with Subzero & Wolf SS appliances, gas cooking, a dining room with a cafe off the kitchen, all adjacent to the main laundry room, a mud room, and a butler’s pantry. There’s even a CANINE COUTURE SPA bath, A WINE WALL, floating stairs, and AN ELEVATOR for access to all levels. This home has engineered hardwood flooring in all rooms, marble in all bathrooms, tray ceilings, and high ceilings. (12’ ceilings in most areas.) You have located LESS THAN 1 MILE FROM THE VINOY GOLF COURSE and are also a quick boat ride out to Tampa Bay. This home is located a very short 10-minute bike ride to North Shore Park and 1.3 miles distant from thriving, vibrant downtown St. Petersburg - consistently in the news with accolades. In October 2023, "Outside Magazine," named ST. PETERSBURG - TOP 15 HAPPIEST PLACES IN THE US, pulsing with a vibrant community, better quality of life, and more outdoor access. "A place where all just feel better living there."Additionally, in 2023, Forbes Advisor named Tampa Bay #1, as the best place to live in Florida, featuring positive attractions for young adults and pristine beaches. This home is ENERGY EFFICIENT, BUILT TO HURRICANE STANDARDS [FEMA standards], WHICH REDUCES THE COST OF FLOOD INSURANCE when compared to non-FEMA compliant homes by a wide margin. THE HOME HAS A 24KW GENERATOR, AND THE ENTIRE SEAWALL IS BRAND NEW AND IS 125 FEET.

Details

Property type

Single Family Residence

Property condition

New Construction

Lot size

0.41 acres

Price per sq ft

$1,388

Year built

2024

Annual property taxes

$23,758.9

HOA

No

Price History

06/28/2024
StellarMLS

StellarMLS #U8151455

Price change
$7,290,000
-2.13%
04/02/2024
StellarMLS

StellarMLS #U8151455

Price change
$7,449,000
-5.71%
03/07/2022
StellarMLS

StellarMLS #U8151455

Listed
$7,900,000

Schools & Community

Neighborhood: 

Snell Isle

Elementary school: 

North Shore Elementary-PN

Middle school: 

John Hopkins Middle-PN

High school: 

St. Petersburg 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

$6,087,571
Asking price
$7,290,000
Closing costs (~8% of asking)
-$583,200
Est. remaining loan balance
-$619,229
Cash to seller
$6,087,571

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

Seller’s Loan History

Lender

Jet Homeloans Llc

Loan start date

November 2023

Original loan amount

$624,417

Est. remaining balance

$619,229

Interest rate

7.57%

Loan type

New Conventional, 30 year

Seller

Sunghwa Chang

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 11:15 AM

Listing updated: 11/01/2024 at 12:12 PM

Listed by: Diana Geegan, PA, KELLER WILLIAMS ST PETE REALTY Phone #: (727) 894-1600

MLS: StellarMLS #U8151455

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