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$249,900

Beds
3
Baths
2.0
sq ft
1,256

1818 Michigan Ave NE, Saint Petersburg, FL 33703

1818 Michigan Ave NE

ST PETERSBURG, FL 33703

  • 161 days on market
    • Price drop $7,100↓
BACK ON THE MARKET AND REDUCED, not due to any fault of the Seller! Some photos represent property prior to flood damage. An incredible opportunity on a beautiful lot! Make this charming 3-bedroom, 2-bath residence your own or build your dream home on this lot! Home has been remediated and is ready for your personal touches and finishes. It even offers energy-saving solar panels to help offset your electric bills! Additionally home owner has preserved the granite countertops for kitchen and laundry room for reuse. Start fresh or utilize existing structure, its your call. Located in a vibrant community, enjoy access to a center with a pool, several parks, playgrounds, a boat ramp, and a nearby public golf course—perfect for family fun. Conveniently situated 3.5 miles from downtown St. Petersburg, you’ll be close to a variety of restaurants, museums, art galleries, brewpubs, sports venues, music events, festivals, and marinas. Don’t miss this incredible opportunity to own a blank slate home in a prime location. Schedule your showing today and get ready to fall in love!

Details

Property type

Single Family Residence

Est. home value

$481,106

Property condition

Fixer

Lot size

5,350 sq ft

Price per sq ft

$199

Year built

1971

Annual property taxes

$3,789.27

HOA

No

Price History

03/18/2025
StellarMLS

StellarMLS #TB8313538

Price change
$249,900
-2.76%
03/18/2025
StellarMLS

StellarMLS #TB8313538

Listed
$257,000
03/03/2025
StellarMLS

StellarMLS #TB8313538

Pending
$257,000

Schools & Community

Neighborhood: 

Shore Acres

Elementary school: 

Shore Acres Elementary-PN

Middle school: 

Meadowlawn Middle-PN

High school: 

Northeast High-PN

Community features: 

Fitness Center, Park

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

$67,487
Asking price
$249,900
Closing costs (~8% of asking)
-$19,992
Est. remaining loan balance
-$162,421
Cash to seller
$67,487

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 2017

Original loan amount

$193,520

Est. remaining balance

$162,421

Interest rate

4.09%

Loan type

New Conventional, 30 year

Seller

Leah B Parrott and Chris M Parrott

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: 04/02/2025 at 12:15 AM

Listing updated: 03/31/2025 at 2:28 PM

Listed by: Caryn Sendera, SMITH & ASSOCIATES REAL ESTATE Phone #: (727) 342-3800

MLS: StellarMLS #TB8313538

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