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$388,000

Beds
3
Baths
2.0
sq ft
1,692

1786 Nevada Ave NE, Saint Petersburg, FL 33703

1786 Nevada Ave NE

SAINT PETERSBURG, FL 33703

  • 25 days on market
Ready to turn potential into profit? Here’s your chance to transform or rebuild in one of St. Pete’s hottest neighborhoods! This property, with flood damage (first time flooding) from Hurricane Helene, is being sold as-is, with a 5-year-old roof—making it the perfect blank canvas for CASH buyers to work their magic. The surrounding area is booming with new construction homes fetching $1.5 million+! The potential here is undeniable. Prime location: close to beaches, parks, and downtown St. Pete’s vibrant scene. No contingencies, no assignable contracts, and no creative financing. This is your chance to break into a high-demand market, bring your vision to life, and create something spectacular.! **Photos show the home before the flood.

Details

Property type

Single Family Residence

Est. home value

$482,653

Lot size

4,931 sq ft

Price per sq ft

$230

Year built

1968

Annual property taxes

$7,448.76

HOA

No

Price History

10/28/2024
StellarMLS

StellarMLS #TB8315121

Listed
$388,000
-19.17%
05/11/2022
StellarMLS

StellarMLS #A4526654

Sold
$480,000
+123.26%
06/05/2014
StellarMLS

StellarMLS #T2597829

Sold
$215,000
+13.22%

Schools & Community

Neighborhood: 

Shore Acres

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

$12,188
Asking price
$388,000
Closing costs (~8% of asking)
-$31,040
Est. remaining loan balance
-$344,772
Cash to seller
$12,188

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

May 2022

Original loan amount

$360,000

Est. remaining balance

$344,772

Interest rate

4.42%

Loan type

New Conventional, 30 year

Seller

Albert Tam and Chungsien Lim

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: 11/22/2024 at 3:50 PM

Listing updated: 10/29/2024 at 6:58 AM

Listed by: Sandy Budd, LIPPLY REAL ESTATE Phone #: (727) 314-1000

MLS: StellarMLS #TB8315121

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