tomo logo

$880,000

Beds
3
Baths
2.0
sq ft
1,330

1618 S Arrawana Ave, Tampa, FL 33629

1618 S Arrawana Ave

TAMPA, FL 33629

  • 54 days on market
    • Price drop $10,000↓
Discover charm and functionality in this Palma Ceia gem, featuring a 3-bed, 2-bath main house and a detached in-law suite with a full bath! Renovated inside and out, this Mediterranean bungalow sits on a prime corner lot in Palma Ceia, offering numerous options for multi-generational living, investment potential, or your own cozy retreat. Step inside to find a bright sunroom leading to an open living area with a fireplace, dining space, and updated kitchen. The master suite, tucked away for privacy, overlooks the pool and boasts a walk-in closet and ensuite bath. Two additional bedrooms share a full bath nearby. The detached in-law suite, accessible from the backyard or side gate, is perfect for rentals, guests, or a home office/studio. A separate laundry room and ample storage area further enhance its functionality. Updates include plumbing; supply lines 2020, drain lines 2008 and almost all PVC, newer electrical 2008 , AC 2018, pool pump, Nest thermostat, tankless water heater 2020, and a Ring doorbell. Zoned for top-rated schools and close to Bayshore Boulevard, Tampa's best dining spots, Hyde Park Village, and parks, this property offers not just a home, but a smart investment opportunity.

Details

Property type

Single Family Residence

Est. home value

$839,885

Lot size

5,050 sq ft

Price per sq ft

$662

Year built

1925

Annual property taxes

$12,307.76

Price History

06/20/2024
StellarMLS

StellarMLS #T3525806

Price change
$880,000
-1.12%
05/10/2024
StellarMLS

StellarMLS #T3525806

Listed
$890,000
+11.25%
03/17/2023
StellarMLS

StellarMLS #T3425908

Sold
$800,000
+18.52%

Schools & Community

Neighborhood: 

Palma Ceia

Elementary school: 

Mitchell-HB

Middle school: 

Wilson-HB

High school: 

Plant-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

Cadence Bank Na

Loan start date

April 2023

Original loan amount

$560,000

Est. remaining balance

Not provided

Interest rate

6.73%

Loan type

Commercial

Seller

Nysyod Investors Llc

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: 07/03/2024 at 10:45 AM

Listing updated: 06/20/2024 at 3:24 PM

Listed by: Stephen Gay, SMITH & ASSOCIATES REAL ESTATE Phone #: (813) 839-3800

MLS: StellarMLS #T3525806

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