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$645,000

Beds
3
Baths
2.0
sq ft
1,475

211 21st Ave S, Saint Petersburg, FL 33705

211 21st Ave S

SAINT PETERSBURG, FL 33705

  • Pending
    • Price drop $4,000↓
Under contract-accepting backup offers. NEW PRICE and Brand NEW ROOF (07/24) For this Fantastic 2 in 1 property! Live in the main house and have an INVESTMENT OPPORTUNITY right in your backyard or use as TWO RENTAL PROPERTIES on ONE LOT. The main home is a charming bungalow nestled on the brick streets of Old Southeast St. Petersburg. A well-kept 1940s home with 2 Bedrooms and 1 Bathroom; the house can be kept as a main residence or rented out as a source of income. Additionally, the IN-LAW COTTAGE (Completed in 2022) behind the main home offers an ideal POTENTIAL INCOME with a fully-equipped studio that includes its own entrance and private courtyard along with a complete kitchen, washer and dryer, and beautifully modern bathroom to create an ideal living space. UPDATED PLUMBING AND ELECTRIC elements in the main house completed in June. The living room draws you in with its original wood floors and large bright windows. The separate dining room provides the perfect space to entertain and flows directly into the extra-large kitchen with original wood cabinets. Directly off the kitchen is a cozy courtyard where you can relax and appreciate the Florida sunshine or hang around a firepit and enjoy an evening with friends. The main home offers two generously sized rooms with large windows that bask the space in natural light. The home's bathroom has been beautifully updated to give modern convenience while keeping to the charm of the home. In addition to the bungalow, this property features an appealing In-Law cottage that has been meticulously built with attention to every detail. The cottage's private entrance and courtyard make it feel like a true second residence. Built as a complete studio, the cottage includes a fully equipped kitchen, Living and Sleeping spaces, a walk-in closet and a washer and dryer. Not only does this provide the perfect place for your visiting friends or family, it is an excellent RENTAL UNIT. Come see this fantastic investment opportunity today. Rent out one or both and begin to see your investment pay off! Home also has a partial assumable mortgage at 2.8% interest rate.

Details

Property type

Single Family Residence

Est. home value

$466,555

Lot size

6,996 sq ft

Price per sq ft

$438

Year built

1940

Annual property taxes

$4,353.24

Price History

07/20/2024
StellarMLS

StellarMLS #U8238211

Pending
$645,000
07/05/2024
StellarMLS

StellarMLS #U8238211

Price change
$645,000
-0.62%
05/31/2024
StellarMLS

StellarMLS #U8238211

Listed
$649,000

Schools & Community

Neighborhood: 

Old Southeast

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

$369,039
Asking price
$645,000
Closing costs (~8% of asking)
-$51,600
Est. remaining loan balance
-$224,361
Cash to seller
$369,039

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

August 2021

Original loan amount

$239,316

Est. remaining balance

$224,361

Interest rate

3.02%

Loan type

FHA, 30 year

Seller

Laurin Lavan and Joan Lavan

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: 07/26/2024 at 3:15 AM

Listing updated: 07/20/2024 at 12:06 AM

Listed by: Dawn Bournand, RE/MAX ALLIANCE GROUP Phone #: (813) 259-0000

MLS: StellarMLS #U8238211

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