tomo logo

$459,000

Beds
4
Baths
2.0
sq ft
2,127

1485 54th Ave NE, Saint Petersburg, FL 33703

1485 54th Ave NE

ST PETERSBURG, FL 33703

  • <1 day on market
Location, Location, Location! Welcome home to one of the highest elevations and most desirable enclaves of Shore Acres, Ponderosa Shores. This remarkably large four-bedroom, two-bathroom, two-car garage, all-block, open-concept pool home backs up to the expansive, serene views of Denver Park for the ultimate in privacy. For the first—and only—time ever, this residence sustained some minor water intrusion in September 2024. All remediation work has been completed. Featuring a brand-new roof (Feb 2025) and all-new pool equipment, this is your opportunity to renovate, lift, or build your dream home on a prime 80x100 lot. With over 2,100 square feet of living space, the home has a split-plan layout, giving the oversized primary ensuite with a large walk-in closet ample room and privacy, while the additional three bedrooms and second bathroom are on the opposite side of the residence. A cozy fireplace remains operational and is a warm feature to add your personal design touch. Make your way onto the enclosed rear porch, then out back onto the large deck space, and you’re sure to be impressed by the glistening saltwater pebble-tech pool. With zero neighbors behind you, enjoy the privacy to entertain and make lasting memories—all while living the quintessential Florida lifestyle. This is one of the most desirable neighborhoods in St. Petersburg due to its proximity to Downtown St. Pete, the beaches, water access, parks, and incredible residents. There has rarely been an opportunity to buy a home and renovate or build the house of your dreams in this prime location. This location offers convenient access to a variety of amenities, including shopping centers, the new Whole Foods, coffee shops, fitness clubs, restaurants, and a vibrant downtown St. Pete. Nearby public boat ramps, outdoor parks, beaches, and golf courses make this a highly desired location. Residents also benefit from the new $11 million Recreation Center featuring a six-lane swimming pool, an indoor gymnasium, and meeting spaces. This is an investment or redevelopment opportunity, sold AS IS. Cash, construction, or hard money loan only. No wholesalers, no assignable contracts, no subject-to contracts.

Details

Property type

Single Family Residence

Est. home value

$660,886

Lot size

7,854 sq ft

Price per sq ft

$216

Year built

1968

Annual property taxes

$10,536

HOA

No

Price History

02/28/2025
StellarMLS

StellarMLS #TB8355814

Listed
$459,000
-30.98%
05/16/2023
StellarMLS

StellarMLS #U8195679

Sold
$665,000
+166%
09/06/2012
StellarMLS

StellarMLS #U7551726

Sold
$250,000

Schools & Community

Neighborhood: 

Shore Acres

Elementary school: 

Shore Acres Elementary-PN

Middle school: 

Meadowlawn Middle-PN

High school: 

Northeast High-PN

Community features: 

Park, Playground, Pool

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

-$196,615
Asking price
$459,000
Closing costs (~8% of asking)
-$36,720
Est. remaining loan balance
-$618,895
Cash to seller
-$196,615

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

Seller’s Loan History

Lender

Luminate Home Loans Inc

Loan start date

May 2023

Original loan amount

$631,750

Est. remaining balance

$618,895

Interest rate

6.42%

Loan type

New Conventional, 30 year

Seller

James Cory Wilkinson and Mariela I Tassone

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?

Status: Active

Tomo last checked: 02/28/2025 at 8:05 PM

Listing updated: 02/28/2025 at 7:45 PM

Listed by: Justin Smith, SMITH & ASSOCIATES REAL ESTATE Phone #: (727) 342-3800

MLS: StellarMLS #TB8355814

StellarMLS logo