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$2,100,000

Beds
3
Baths
2.5
sq ft
2,574

18 Franklin Ct S Unit D, Saint Petersburg, FL 33711

18 Franklin Ct S Unit D

ST PETERSBURG, FL 33711

  • 10 days on market
This exceptional, elevated end-unit home seamlessly blends Mediterranean-inspired elegance with modern design, offering a breathtaking lake view and a 33-foot boat slip with a 14,000-pound lift at the marina nearby. The open-concept layout is accentuated by dramatic vaulted ceilings, premium finishes, and custom features throughout the 2,574-square-foot, three-bedroom, 2.5-bath residence. The chef’s kitchen is a masterpiece, featuring high-end appliances, Cambria countertops, pendant lighting, natural gas cooking and an oversized walk-in pantry. Custom upgrades include a covered lanai, an integrated surround-sound system, remote-control blinds, a built-in bar with a wine refrigerator and a charming writing nook, all of which enhance the home’s sophistication. The owner’s suite offers a private retreat with custom closets and a spa-like bath, complete with dual vanities, a tiled walk-in shower and a soaking tub. Designed for convenience and security, all living areas are on one level, accessible via a private elevator from the nearly 2,500-square-foot, five-car garage, an automotive enthusiast’s dream with epoxy flooring and a must-see custom hexagon car lighting system, ideal for a workshop, gym or game room. This home was designed and built to Fortified Gold standards, the highest level of standard and method given by the Insurance Institute for Business & Home Safety (IBHS). This superior resilient construction far exceeds building codes and features impact and pressure-rated windows, sliders, entry doors and garage doors. The engineered roof-to-wall connections, story-to-story connections and wall-to-foundation connections create a singular, solid structure that offers maximum protection. And also includes a whole-house 22-kilowatt Generac natural gas generator for ultimate peace of mind. Marina Bay’s resort-style amenities include two pools, two spas, a fitness center, a clubhouse and a fishing pier. Set along nearly 2,000 feet of Intracoastal Waterway on Boca Ciega Bay, this pet-friendly community is minutes from world-class beaches, golf, tennis and pickleball. It is also along the 60-mile Pinellas bike trail, offering continuous bike routes to Fort De Soto Beach and St. Pete Beach right out your front door. Paradise found! No damage, according to the owner, from hurricanes Helene and Milton.

Details

Property type

Single Family Residence

Est. home value

$1,676,509

Lot size

3,903 sq ft

Price per sq ft

$816

Year built

2020

Annual property taxes

$15,614.94

Monthly HOA fee

$52.31

Price History

02/12/2025
StellarMLS

StellarMLS #TB8349668

Listed
$2,100,000
+21.74%
03/30/2023
StellarMLS

StellarMLS #U8183153

Sold
$1,725,000
+43.75%
04/20/2021
StellarMLS

StellarMLS #U8114852

Sold
$1,200,000

Schools & Community

Neighborhood: 

Eckerd College

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated, Clubhouse, Fitness Center, Pool, Sidewalks

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

$795,760
Asking price
$2,100,000
Closing costs (~8% of asking)
-$168,000
Est. remaining loan balance
-$1,136,240
Cash to seller
$795,760

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

March 2023

Original loan amount

$1,162,500

Est. remaining balance

$1,136,240

Interest rate

6.12%

Loan type

New Conventional, 30 year

Seller

Andrew J Melendez and Deborah A Melendez

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: 02/22/2025 at 6:25 PM

Listing updated: 02/18/2025 at 11:06 AM

Listed by: Kara Brooks, PREMIER SOTHEBYS INTL REALTY Phone #: (727) 898-6800

MLS: StellarMLS #TB8349668

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