tomo logo

$860,000

Beds
3
Baths
2.0
sq ft
1,310

305 Morningside Dr, Palm Harbor, FL 34683

305 Morningside Dr

PALM HARBOR, FL 34683

  • 98 days on market
    • Price drop $15,000↓
Experience the epitome of luxurious waterfront living in this exquisite DREAM Boater's Paradise in Palm Harbor, Florida. With an assumable mortgage of $407,700 at an incredibly low rate of 2.625% and 27 years remaining, this is a rare opportunity to secure an enviable interest rate. Nestled on deep Gulf waters, this beautifully appointed residence features 3 spacious bedrooms and 2 tastefully renovated bathrooms. As you step through the front door, be captivated by breathtaking water views that grace every corner of the home. The gourmet kitchen is a chef's delight, equipped with stainless steel appliances, a wine cooler, and a large island adorned with granite countertops, seamlessly flowing into a grand family room. An extended living space awaits beyond, perfect for a formal dining area or a serene sitting area. Additionally, an enclosed patio offers potential for further expansion, enhancing your living space. Elegant recessed lighting illuminates the home, while the second large bedroom boasts an en suite layout with a washer and dryer cleverly concealed behind elegant barn doors. Please note, this room does not feature a dedicated closet. Modern conveniences include a new tankless water heater, a roof installed in 2017, and a one-car garage. Boating enthusiasts will revel in the 70 feet of seawall, featuring three lift options: two Davits for jet skis or boats and a 20,000 lb. boat lift with reinforced dock pilings, complete with water and electricity. The property also includes a superb dock and a filet table for preparing your fresh catch. To top it all off there are no bridges! Bring your golf cart and embrace the Florida salt life in this stunning home. Don’t miss the chance to own this slice of paradise. Call us today to schedule your private showing.

Details

Property type

Single Family Residence

Est. home value

$850,885

Lot size

7,000 sq ft

Price per sq ft

$657

Year built

1959

Annual property taxes

$6,482.12

HOA

No

Price History

07/11/2024
StellarMLS

StellarMLS #U8246254

Price change
$860,000
-1.71%
06/25/2024
StellarMLS

StellarMLS #U8246254

Price change
$875,000
-2.45%
06/14/2024
StellarMLS

StellarMLS #U8246254

Listed
$897,000
-0.22%

Schools & Community

Elementary school: 

Sutherland Elementary-PN

Middle school: 

Tarpon Springs Middle-PN

High school: 

Tarpon Springs 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

$387,932
Asking price
$860,000
Closing costs (~8% of asking)
-$68,800
Est. remaining loan balance
-$403,268
Cash to seller
$387,932

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

Seller’s Loan History

Lender

Regions Bank

Loan start date

February 2021

Original loan amount

$439,200

Est. remaining balance

$403,268

Interest rate

2.67%

Loan type

New Conventional, 30 year

Seller

Carmine Cervelli

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: Active

Tomo last checked: 09/19/2024 at 10:50 PM

Listing updated: 09/15/2024 at 3:09 PM

Listed by: Sheri Boesch, EXP REALTY LLC Phone #: (888) 883-8509

MLS: StellarMLS #U8246254

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Recently listed in PALM HARBOR