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$190,000

Beds
3
Baths
1.0
sq ft
1,055

1883 Michigan Ave NE, Saint Petersburg, FL 33703

1883 Michigan Ave NE

ST PETERSBURG, FL 33703

  • 3 days on market
Don't miss this rare chance to buy one of the cheapest properties in this highly desirable area near Venetian Isles! This 5,140 sqft tear-down is a prime investment opportunity, with new builds starting at $1.1 million and multiple comps selling well above that. In the wake of a historic 100-year storm, prices have temporarily dipped—this won’t happen again.

Details

Property type

Single Family Residence

Est. home value

$368,199

Lot size

1,066 sq ft

Price per sq ft

$181

Year built

1954

Annual property taxes

$4,639

HOA

No

Price History

03/24/2025
StellarMLS

StellarMLS #TB8365382

Price change
$190,000
+900%
03/24/2025
StellarMLS

StellarMLS #TB8365382

Listed
$19,000
-90.26%
03/03/2025
StellarMLS

StellarMLS #TB8312430

Removed
$195,000

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

-$64,789
Asking price
$190,000
Closing costs (~8% of asking)
-$15,200
Est. remaining loan balance
-$239,589
Cash to seller
-$64,789

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

Seller’s Loan History

Lender

Swbc Mortgage Corp

Loan start date

April 2021

Original loan amount

$261,250

Est. remaining balance

$239,589

Interest rate

3.05%

Loan type

New Conventional, 30 year

Seller

Maddison Renee Long

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: 03/27/2025 at 7:40 PM

Listing updated: 03/25/2025 at 6:59 AM

Listed by: Daniel Canizales Ocando, KELLER WILLIAMS TAMPA CENTRAL Phone #: (813) 865-0700

MLS: StellarMLS #TB8365382

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