tomo logo

$599,000

Beds
3
Baths
1.0
sq ft
1,043

1608 E Dr Martin Luther King Jr Blvd, Tampa, FL 33610

1608 E Dr Martin Luther King Jr Blvd

TAMPA, FL 33610

  • 120 days on market
    • Price drop $31,000↓
This is a series of 3 consecutive lots zoned CI Commercial Intensive. 2 of the 3 houses are currently rented and month to month. Automobile businesses dominate this corridor so it would be a good fit for development of that or a 15 unit multifamily project. There is an alleyway that provides more private entrance and parking.

Details

Property type

Single Family Residence

Est. home value

$199,791

Lot size

6,550 sq ft

Price per sq ft

$575

Year built

1924

Annual property taxes

$2,008.57

Price History

05/05/2024
StellarMLS

StellarMLS #T3505721

Price change
$599,000
-4.92%
04/11/2024
StellarMLS

StellarMLS #T3505721

Price change
$630,000
-2.93%
04/03/2024
StellarMLS

StellarMLS #T3505721

Price change
$649,000
-2.41%

Schools & Community

Neighborhood: 

East Tampa

Elementary school: 

Edison-HB

Middle school: 

McLane-HB

High school: 

Middleton-HB

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

Suntrust Mortgage Inc

Loan start date

April 2006

Original loan amount

$29,000

Est. remaining balance

Not provided

Interest rate

6.37%

Loan type

Stand Alone Second, 30 year

Seller

Michael Kane and Gladys Kane

Lender

Suntrust Mortgage Inc

Loan start date

April 2006

Original loan amount

$116,000

Est. remaining balance

Not provided

Interest rate

6.37%

Loan type

Fannie Mae/Freddie Mac, 30 year

Seller

Galdys Kane

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: 07/05/2024 at 9:30 PM

Listing updated: 05/24/2024 at 8:43 PM

Listed by: Kyle Myslakowski, COMPASS FLORIDA, LLC Phone #: (813) 355-0744

MLS: StellarMLS #T3505721

StellarMLS logo

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