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$294,000

Beds
3
Baths
1.5
sq ft
988

1742 31st St S, Saint Petersburg, FL 33712

1742 31st St S

SAINT PETERSBURG, FL 33712

  • 32 days on market
Located just minutes from the bustling downtown St. Petersburg, this beautifully updated 3 bedroom, 1.5 bath home combines modern upgrades, comfort, and unbeatable convenience. Positioned in a prime central location, you'll enjoy being just a 5-minute drive from downtown St. Pete and all the excitement it offers, from trendy restaurants and vibrant nightlife to cultural attractions and entertainment. Plus, this home was not affected by recent hurricanes, and no flood insurance is required, providing peace of mind for the lucky new owner. Current tenants are in place until September 2025, generating $2,300 per month in rental income to just sit back, relax and produce passive income!!! I With no restrictions on short-term rentals, this property offers excellent potential for easy cash flow. Inside, you’ll find a renovated interior featuring a brand-new kitchen with gorgeous granite countertops, and high-end stainless steel appliances. The home also boasts a newer roof, ensuring long-term durability and energy efficiency. Other key features include covered parking for your vehicle and a private yard that offers plenty of space for outdoor activities and relaxation. With easy access to I-275, you’ll be well-connected to all of St. Petersburg and beyond, making this location ideal for both commuting and enjoying the best of downtown St. Pete!!

Details

Property type

Single Family Residence

Est. home value

$278,011

Lot size

6,686 sq ft

Price per sq ft

$298

Year built

1970

Annual property taxes

$3,725.17

HOA

No

Price History

11/21/2024
StellarMLS

StellarMLS #TB8323646

Listed
$294,000
+47%
07/29/2021
StellarMLS

StellarMLS #T3310399

Sold
$200,000

Schools & Community

Neighborhood: 

Mel-Tan Heights

Elementary school: 

Fairmount Park Elementary-PN

Middle school: 

John Hopkins Middle-PN

High school: 

Gibbs 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

$103,538
Asking price
$294,000
Closing costs (~8% of asking)
-$23,520
Est. remaining loan balance
-$166,942
Cash to seller
$103,538

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

Seller’s Loan History

Lender

Guaranteed Rate Inc

Loan start date

July 2021

Original loan amount

$180,000

Est. remaining balance

$166,942

Interest rate

2.96%

Loan type

New Conventional, 30 year

Seller

Zackary Rao

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: 12/23/2024 at 12:00 AM

Listing updated: 12/19/2024 at 1:31 PM

Listed by: Shari Robertson, CAPSTAR REAL ESTATE LLC Phone #: (407) 687-5953

MLS: StellarMLS #TB8323646

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