tomo logo

$1,350,000

Beds
3
Baths
2.0
sq ft
1,890

262 Banana Rd, Palm Harbor, FL 34683

262 Banana Rd

PALM HARBOR, FL 34683

  • 4 days on market
Experience upscale Coastal living in this elevated home...where meticulous construction meets comfortable luxury. Designed to embrace the Florida lifestyle inside and out, this wonderful property offers so much to enjoy.  From a Breezy, light and bright interior to a tropical oasis backyard, it was Custom designed and built in 2016 with impeccable attention to detail and fortified for strength. This Green-certified stilt home offers both casually luxurious living and peace of mind.  It proudly sits 17 feet above sea level on a private .32 acre lot and was constructed to rigorous FEMA standards.  Crafted for resilience and eco-conscious living, the home features Hurricane-rated impact windows and doors, 55 solar panels that keep electric bills to an astonishing $30 per month, 140-gallon propane tank powering on-demand hot water, a grill, and generator connections, and all of the under home lumber is desirable "saltwater splash" dock grade, and pilings, headers, footers are concrete. Inside you will discover a space that wows with high quality and uniquely designed finishes.. custom shiplap walls, barn door accents, soaring vaulted ceilings with dimmable LED lighting and fans, and plantation shutters throughout.  The floorplan is fun and functional and just right for everyday living or entertaining.  Enjoy generous bedrooms, laundry utility room, and walk in pantry.  Sliders from Living Room and primary bedroom open to an amazing screened in patio overlooking the backyard.  1000lb exterior elevator lift, 240 sqft of under home storage and under house/carport parking for up to 8 vehicles!  And the Backyard...will truly take your breath away! It is private oasis that would make Jimmy Buffett proud! Showcasing a 2020 heated and cooled sparkling saltwater pool complete with spillover spa a shaded grotto seating, two tiki huts, and over 1,500 square feet of pavered patio space, lots of covered patio space for shady lounging an outdoor living,  a whole house mosquito misting system and a retro fabulous custom outdoor surfboard and cypress lined shower. Your guests will never want to leave! Ozona is a unique community with coastal charm, 5 marinas, restaurants that are loved, and a waterfront with the most beautiful sunsets! Ride your bike or drive your golf cart all around town! This area is in unincorporated Pinellas -- possible short term rental and available fully furnished! Come make 262 Banana Road your Coastal Paradise! View matterport and virtual tour at https://my.matterport.com/show/?m=t4Nu3C1amJL&mls=1

Details

Property type

Single Family Residence

Est. home value

$881,984

Lot size

0.32 acres

Price per sq ft

$715

Year built

2016

Annual property taxes

$7,431

HOA

No

Price History

11/15/2024
StellarMLS

StellarMLS #TB8305895

Listed
$1,350,000
+157.14%
09/06/2019
StellarMLS

StellarMLS #U8039010

Sold
$525,000

Schools & Community

Elementary school: 

Ozona Elementary-PN

Middle school: 

Palm Harbor Middle-PN

High school: 

Palm Harbor Univ 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

$830,161
Asking price
$1,350,000
Closing costs (~8% of asking)
-$108,000
Est. remaining loan balance
-$411,839
Cash to seller
$830,161

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

August 2020

Original loan amount

$453,000

Est. remaining balance

$411,839

Interest rate

3.03%

Loan type

New Conventional, 30 year

Seller

Patti L Wright and Kevin Wright

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 2:20 AM

Listing updated: 11/17/2024 at 4:10 PM

Listed by: Cindy Hendriks, COASTAL PROPERTIES GROUP INTERNATIONAL Phone #: (727) 493-1555

MLS: StellarMLS #TB8305895

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