tomo logo

$385,000

Beds
3
Baths
2.0
sq ft
1,736

228 87th Ave NE, Saint Petersburg, FL 33702

228 87th Ave NE

SAINT PETERSBURG, FL 33702

  • 5 days on market
Perfect investor opportunity in the highly sought after neighborhood of RIVIERA BAY. Renovate, build up, lift, or tear down and build something incredible on this waterfront lot with a caged POOL. Three beds, two baths, bonus room and one car garage with a screened in pool on a peaceful lake. The home features freshly cut 4-foot drywall, a well-maintained central A/C system, and a new roof installed in 2024, all in excellent condition. Home is being sold AS-IS, presenting an excellent chance for investors or handy homeowners that want to build equity through renovation. Unlock the potential of this renowned Riviera Bay property. Transform this space into your dream home! Call now!!

Details

Property type

Single Family Residence

Est. home value

$572,548

Property condition

Fixer

Lot size

7,549 sq ft

Price per sq ft

$222

Year built

1962

Annual property taxes

$3,072.92

HOA

No

Price History

11/14/2024
StellarMLS

StellarMLS #TB8319027

Listed
$385,000
+54%
06/18/2013
StellarMLS

StellarMLS #U7580708

Sold
$250,000

Schools & Community

Neighborhood: 

Riviera Bay

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

$182,011
Asking price
$385,000
Closing costs (~8% of asking)
-$30,800
Est. remaining loan balance
-$172,189
Cash to seller
$182,011

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

Seller’s Loan History

Lender

Better Mortgage Corporation

Loan start date

August 2021

Original loan amount

$185,234

Est. remaining balance

$172,189

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Shannon Sampson Traylor and Larry T Traylor Jr

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?

Status: Active

Tomo last checked: 11/19/2024 at 4:40 AM

Listing updated: 11/15/2024 at 6:53 AM

Listed by: Benjamin Toaff, NEX-GEN FLORIDA REALTY, INC. Phone #: (786) 803-8016

MLS: StellarMLS #TB8319027

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