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$485,000

Beds
5
Baths
2.0
sq ft
1,656

1743 Yale St S, Saint Petersburg, FL 33712

1743 Yale St S

SAINT PETERSBURG, FL 33712

  • 164 days on market
    • Price drop $10,000↓
Turnkey Multi-Family Oasis Near the Beach Welcome to your turnkey investment opportunity in sunny St. Petersburg! Nestled just steps away from the beach, this impeccably renovated multi-family home offers the perfect blend of coastal charm and investment potential. With great tenants already in place, this property is a hassle-free addition to any portfolio. This property consists of a front house and an accessory dwelling unit (ADU). The front house features a spacious 3 bedrooms, 1 bathroom layout, recently renovated with modern finishes. Bright and inviting living spaces await, including an updated kitchen with stainless steel appliances. After a day of beach adventures, retreat to the tranquil bedrooms for relaxation. Ideal for families or groups seeking a beach getaway, this unit also boasts solar panels for both environmental sustainability and reduced electricity bills. The ADU, located separately in the back, offers a cozy 1 bedroom, 1 bathroom layout. Perfect for guests, in-laws, or rental income, this unit features a private entrance for added privacy. Inside, find a fully equipped kitchenette and a comfortable living area. The bedroom provides ample storage options and also benefits from solar panels to maximize energy efficiency and minimize utility costs. Key features of this property include turnkey status with excellent tenants already in residence, a roof and A/C system replaced in 2021 for worry-free ownership, low-maintenance exterior, and abundant parking space for residents and guests. With close proximity to shopping, dining, and entertainment options, this St. Petersburg multi-family home offers convenience and comfort in equal measure. Whether you're a seasoned investor or seeking your own beachside retreat, don't miss out on this opportunity. Schedule your showing today and secure your slice of coastal paradise!

Details

Property type

Single Family Residence

Est. home value

$410,676

Lot size

5,863 sq ft

Price per sq ft

$293

Year built

1925

Annual property taxes

$3,986

HOA

No

Price History

09/13/2024
StellarMLS

StellarMLS #O6193360

Price change
$485,000
-2.02%
08/11/2024
StellarMLS

StellarMLS #O6193360

Price change
$495,000
-1%
07/04/2024
StellarMLS

StellarMLS #O6193360

Price change
$500,000
-2.91%

Schools & Community

Neighborhood: 

Perkins

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

$64,815
Asking price
$485,000
Closing costs (~8% of asking)
-$38,800
Est. remaining loan balance
-$381,385
Cash to seller
$64,815

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

August 2022

Original loan amount

$392,656

Est. remaining balance

$381,385

Interest rate

5.3%

Loan type

FHA, 30 year

Seller

Estefania Tejada

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: 09/16/2024 at 1:35 PM

Listing updated: 09/13/2024 at 12:29 PM

Listed by: William Moxey, COMPASS FLORIDA, LLC Phone #: (305) 851-2820

MLS: StellarMLS #O6193360

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