tomo logo

$874,000

Beds
3
Baths
3.0
sq ft
1,650

16216 3rd St E, Redington Beach, FL 33708

16216 3rd St E

REDINGTON BEACH, FL 33708

  • 14 days on market
    • Price drop $25,000↓
Updated Coastal 3-Bed, 3-Bath Home – Prime Short-Term Rental Near Gulf Blvd with Pool Potential Step into this beautifully updated 3-bedroom, 3-bathroom home, ideally located just a short walk from the vibrant restaurants and stunning beaches of Gulf Blvd. Currently a thriving short-term rental, this property is perfect for investors or those seeking a personal coastal retreat. Inside, the open-concept living space is bright and modern, with a sleek, updated kitchen designed for entertaining. Master bedroom features an en-suite bath, offering added privacy and convenience. Each bedroom is filled with natural light and boasts generous closet space. The home’s 4-year-old AC system ensures cool comfort year-round. Outside, a private backyard oasis awaits, perfectly sized for adding a pool—an excellent enhancement to boost rental income or personal enjoyment. Detailed pool renditions, complete with drawings and a video, are available upon request. With its prime location, recent updates, and potential for further customization, this property is a rare coastal find. Don’t miss your chance to own this gem near Gulf Blvd!

Details

Property type

Single Family Residence

Est. home value

$829,665

Lot size

5,998 sq ft

Price per sq ft

$530

Year built

1951

Annual property taxes

$9,650.96

HOA

No

Price History

09/16/2024
StellarMLS

StellarMLS #TB8300085

Price change
$874,000
-2.78%
09/05/2024
StellarMLS

StellarMLS #TB8300085

Listed
$899,000
+10.99%
08/05/2022
StellarMLS

StellarMLS #T3375545

Sold
$810,000
+24.62%

Schools & Community

Elementary school: 

Bauder Elementary-PN

Middle school: 

Seminole Middle-PN

High school: 

Seminole 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

$174,879
Asking price
$874,000
Closing costs (~8% of asking)
-$69,920
Est. remaining loan balance
-$629,201
Cash to seller
$174,879

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

August 2022

Original loan amount

$647,000

Est. remaining balance

$629,201

Interest rate

5.78%

Loan type

New Conventional, 30 year

Seller

Rafael Polanco and Yomary Polanco

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: 09/19/2024 at 12:25 PM

Listing updated: 09/15/2024 at 8:20 PM

Listed by: Lynnea McKay, COLDWELL BANKER REALTY Phone #: (727) 822-9111

MLS: StellarMLS #TB8300085

StellarMLS logo

Recently listed in REDINGTON BEACH