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$725,000

Beds
3
Baths
2.0
sq ft
1,422

1516 Massachusetts Ave NE, Saint Petersburg, FL 33703

1516 Massachusetts Ave NE

ST PETERSBURG, FL 33703

  • <1 day on market
*******Waterfront Paradise in Shore Acres!********Seize this once-in-a-lifetime opportunity to own an incredible .37-acre lot like no other, nestled on a tranquil cul-de-sac in the sought-after Shore Acres neighborhood. Surrounded by water views and lush mangroves on three sides, this property offers a rare chance to build your dream home or elevate and renovate the existing residence to capture breathtaking panoramic views of 190 feet of waterfront. The charming three-bedroom, two-bathroom home features a desirable split-bedroom plan. Recent upgrades include New Thermo Windows (2021), a New Roof (2020) with heat-reflective TPO material on the flat section to keep the house cooler, gorgeous Terrazzo flooring, New Pavers (2021). Your outdoor oasis awaits with a vast backyard, a dock with electricity. The mangroves act as nurseries for marine life and attract snook, crabs, manatees, and dolphins! Boats, kayaks and paddleboards can easily navigate to open waters, offering the quintessential Florida boating lifestyle right from your backyard. Weedon Island Preserve is a popular attraction or take a ride to one of the many waterfront restaurants on our pristine waterways. Enjoy the convenience of RV parking on the side of this spacious lot and the proximity to all St. Pete has to offer—downtown dining, Trader Joe's, Whole Foods, Publix, and easy interstate access. While the home experienced its first flood during Helene, it sits at a higher elevation than most homes in the area. Don't let this rare waterfront gem slip away—schedule your showing today and make this piece of paradise your own!

Details

Property type

Single Family Residence

Est. home value

$799,868

Lot size

0.37 acres

Price per sq ft

$510

Year built

1959

Annual property taxes

$11,369.54

HOA

No

Price History

03/20/2025
StellarMLS

StellarMLS #TB8362797

Listed
$725,000
+38.1%
07/28/2021
StellarMLS

StellarMLS #U8127654

Sold
$525,000

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

$367,440
Asking price
$725,000
Closing costs (~8% of asking)
-$58,000
Est. remaining loan balance
-$299,560
Cash to seller
$367,440

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

Seller’s Loan History

Lender

Pennymac Loan Services Llc

Loan start date

July 2021

Original loan amount

$325,000

Est. remaining balance

$299,560

Interest rate

2.96%

Loan type

New Conventional, 30 year

Seller

Kristine Osborne and William Osborne

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: 03/20/2025 at 11:00 PM

Listing updated: 03/20/2025 at 10:35 PM

Listed by: Rae Anna Conforti PA, RE/MAX ALLIANCE GROUP Phone #: (813) 259-0000

MLS: StellarMLS #TB8362797

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