tomo logo

$425,000

Beds
3
Baths
2.0
sq ft
1,768

279 98th Ave NE, Saint Petersburg, FL 33702

279 98th Ave NE

ST PETERSBURG, FL 33702

  • 5 days on market
BUYER: So, tell me about this house. ME: Glad you asked! It’s a 3-bedroom, 2-bathroom, 2-car garage home in Riviera Bay—the best neighborhood in the universe. It’s priced attractively based on recent sales and ready for you to put back together however you want! BUYER: Wait… “put back together”? ME: Yep! The home flooded for the first time in its history. But look on the bright side—no demo needed! You get a blank canvas to create your dream home exactly the way you want it. BUYER: Interesting… but what’s so great about Riviera Bay? ME: Oh, where do I start? This place is legendary. We’ve got golf cart parades, a Christmas Eve boat parade, and American flags lining the streets on patriotic weekends. And if you don’t believe me, just ask the neighbors—they’ll tell you every day is a great day in Riviera Bay! BUYER: Okay, I like the sound of that. What about parking? ME: Funny you should ask—this home backs up to an open field where neighbors store their boats, trailers, and other toys. So if you’ve got a boat (or plan to get one), you’re in good company. And did I mention the community boat ramp? You’ll be on the water in no time! BUYER: Sounds like an awesome lifestyle. What’s the catch? ME: No catch! The home is being sold AS-IS for the seller’s convenience, which means you get a killer deal in an unbeatable location. But here’s the thing—deals like this don’t last long, especially in Riviera Bay. So… you ready to make a move? BUYER: I think I am! How do I see it? ME: Simple—View it today before your neighbor’s cousin’s friend beats you to it!

Details

Property type

Single Family Residence

Est. home value

$530,316

Lot size

7,501 sq ft

Price per sq ft

$241

Year built

1972

Annual property taxes

$2,221.54

HOA

No

Price History

01/30/2025
StellarMLS

StellarMLS #TB8344653

Listed
$425,000
+150%
06/11/2010
StellarMLS

StellarMLS #T2411636

Sold
$170,000
-34.87%
02/17/2005
StellarMLS

StellarMLS #U7085551

Sold
$261,000

Schools & Community

Neighborhood: 

Riviera Bay

Elementary school: 

Sawgrass Lake Elementary-PN

Middle school: 

Meadowlawn Middle-PN

High school: 

Northeast 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

$288,441
Asking price
$425,000
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$102,559
Cash to seller
$288,441

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

Seller’s Loan History

Lender

Carrington Mortgage Services Llc

Loan start date

July 2016

Original loan amount

$155,412

Est. remaining balance

$102,559

Interest rate

3.58%

Loan type

FHA, 20 year

Seller

Robert G Lambdon

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: 02/04/2025 at 8:00 PM

Listing updated: 01/31/2025 at 6:55 AM

Listed by: Brad Bess, COLDWELL BANKER REALTY Phone #: (727) 822-9111

MLS: StellarMLS #TB8344653

StellarMLS logo