tomo logo

$1,500,000

Beds
3
Baths
3.0
sq ft
2,235

202 Driftwood Ln, Largo, FL 33770

202 Driftwood Ln

LARGO, FL 33770

  • Pending
Motivated Seller Alert! Investors and future homeowners, take note! This is a rare opportunity to own a piece of paradise in the sought-after Harbor Bluffs community. Whether you're envisioning your dream home or an investment property, the possibilities are endless. Nestled in a tranquil neighborhood known for its sense of community, this property boasts beautiful water views that are sure to impress. Imagine ending each day with breathtaking sunset vistas that paint the sky in vibrant colors. The gentle breeze off the water and picturesque surroundings create a perfect setting for a lifestyle of comfort and relaxation. This opportunity is even more enticing with a recent price reduction, making it a compelling option. The seller is motivated to make a deal, and with competitive pricing, this property won’t stay on the market for long. Harbor Bluffs is one of Largo’s most desirable neighborhoods, known for its beautiful homes, lush landscapes, and proximity to the best of Pinellas County. From top-rated schools and recreational facilities to the sparkling Gulf beaches, this area delivers a high quality of life. You’ll be just minutes from fine dining, boutique shopping, and local entertainment, while still enjoying the peace and privacy Harbor Bluffs offers. The property is situated on a spacious lot with direct water views, providing ample space to build a custom home that suits your needs. The existing home experienced flooding during a recent hurricane, presenting a unique opportunity to start fresh. The seller is working with flood insurance and FEMA to explore options. Depending on the outcome, the home may undergo renovations, including new flooring and updates, giving buyers the chance to add their personal touch. The flexibility of options makes this property ideal for someone looking to invest in a high-potential area. The property’s value will continue to increase, making it a great fit for investors seeking a project. You can either complete the renovations or take advantage of the location to build new. The current condition offers a blank slate for creativity, giving buyers the chance to bring their dream home to life. Imagine designing your ideal space, with expansive windows to maximize views, a spacious backyard with a pool, or an elegant deck to enjoy evening sunsets. The potential here is truly limitless. Living in Harbor Bluffs means embracing the best of coastal living. You’ll have access to nearby parks and boat ramps, perfect for those who love spending time on the water. Enjoy weekend picnics, morning jogs along scenic trails, or simply soak in the beauty of the surroundings. The neighborhood is known for its family-friendly environment and welcoming community, offering a peaceful retreat while still being close to the conveniences of city life. Plus, you’re just a short drive from Clearwater and Belleair Beach, making it easy to enjoy beach days with family and friends. With a motivated seller, a reduced price, and endless potential, now is the time to make your move. Whether you’re looking to build your forever home or capitalize on an investment opportunity, this property is ready to be transformed into something extraordinary. Contact us today to schedule a private showing or learn more. Don’t miss your chance to own prime real estate in one of Largo’s premier communities. Act fast, as this opportunity won’t last long!

Details

Property type

Single Family Residence

Est. home value

$1,252,803

Lot size

0.24 acres

Price per sq ft

$672

Year built

1963

Annual property taxes

$5,881.65

HOA

No

Price History

10/31/2024
StellarMLS

StellarMLS #TB8308599

Pending
$1,500,000
10/02/2024
StellarMLS

StellarMLS #TB8308599

Listed
$1,500,000

Schools & Community

Elementary school: 

Mildred Helms Elementary-PN

Middle school: 

Largo Middle-PN

High school: 

Largo High-PN

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Financial Freedom Senior Funding Corp

Loan start date

November 2007

Original loan amount

$906,240

Est. remaining balance

Not provided

Interest rate

6.11%

Loan type

Reverse Mortgage (Home Equity Conversion Mortgage)

Seller

Richard S Johnson and Ruth J Johnson

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: Pending/Under Contract

Tomo last checked: 11/05/2024 at 9:05 AM

Listing updated: 10/31/2024 at 9:39 AM

Listed by: Melissa Star Johnson, LPT REALTY Phone #: (877) 366-2213

MLS: StellarMLS #TB8308599

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