tomo logo

$799,000

Beds
4
Baths
2.0
sq ft
1,819

25 Island Dr, Treasure Island, FL 33706

25 Island Dr

TREASURE ISLAND, FL 33706

  • Pending
    • Price drop $451,000↓
Under contract-accepting backup offers. This home suffered flood damage, and is being sold in as-is condition. Home has plaster walls, which are intact. Location, location ! Enjoy the coastal lifestyle at its best in this 4 bedroom, 2 bath home. It is the lowest priced waterfront home in the quiet enclave of Paradise Island in Treausre Island, and offers the best of all worlds--just 1 mile to the beach and Gulf, but tucked away in a residential neighborhood with easy access to Central Ave/ the mainland and Downtown St Pete. The split bedroom, open floor plan is ideal for a family, or those that expect visitors. Entertaining is a breeze in the large kitchen. The backyard lends itself to the Florida lifestyle you are looking for, with a screened porch and a tranquil courtyard style salt water pool, offering privacy for entertaining. A composite dock with lift will accommodate up to a 24' boat. The roof was replaced in 2016, HVAC in 2019. Just steps to the community owned amenities, including Tennis, Pickleball, playground and a small golf course. Upgrades are coming to Treasure Bay, including a paddleboard/ kayak launch and walking trail.

Details

Property type

Single Family Residence

Est. home value

$1,325,119

Lot size

9,701 sq ft

Price per sq ft

$440

Year built

1965

Annual property taxes

$4,269.72

HOA

No

Price History

10/31/2024
StellarMLS

StellarMLS #U8240981

Pending
$799,000
10/27/2024
StellarMLS

StellarMLS #U8240981

Price change
$799,000
-36.08%
10/27/2024
StellarMLS

StellarMLS #U8240981

Listed
$1,250,000

Schools & Community

Neighborhood: 

Paradise Island

Elementary school: 

Azalea Elementary-PN

Middle school: 

Azalea Middle-PN

High school: 

Boca Ciega High-PN

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

$372,976
Asking price
$799,000
Closing costs (~8% of asking)
-$63,920
Est. remaining loan balance
-$362,104
Cash to seller
$372,976

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

Seller’s Loan History

Lender

Usaa Fsb

Loan start date

September 2018

Original loan amount

$544,000

Est. remaining balance

$362,104

Interest rate

4.05%

Loan type

New Conventional, 15 year

Seller

Garrison Brumback and Jennifer Burmback

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: 11/08/2024 at 8:25 AM

Listing updated: 10/31/2024 at 1:33 PM

Listed by: Patricia Rilling, COLDWELL BANKER REALTY Phone #: (727) 581-9411

MLS: StellarMLS #U8240981

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Recently listed in TREASURE ISLAND