tomo logo

$260,000

Beds
2
Baths
1.0
sq ft
1,014

315 48th St W, Palmetto, FL 34221

315 48th St W

PALMETTO, FL 34221

  • <1 day on market
MOTIVATED SELLERS!! Welcome to 315 48th St W, a charming single-family home nestled in the highly sought-after Palmetto Point community of Palmetto, Florida. This delightful residence offers 2 bedrooms and 1 bathroom across 1,134 square feet of living space, providing a cozy and comfortable environment for you and your family. Built in 1957, this home has been thoughtfully maintained and updated over the years. Notably, new windows and a new roof were installed in 2019, ensuring energy efficiency and peace of mind for years to come. The property sits on an oversized 8,058-square-foot lot, offering ample outdoor space for gardening, recreation, or future expansion. Palmetto Point is renowned for its peaceful, family-friendly atmosphere and strong community spirit. Residents enjoy the benefits of a waterfront lifestyle, with the community's expansive acreage along the south shoreline of Terra Ceia Bay. This prime location provides easy access to boating and fishing activities, making it a paradise for water enthusiasts. The neighborhood's proximity to the water enhances its appeal, offering scenic views and a tranquil environment. Additionally, the community's main road, Palmetto Point Drive, connects seamlessly to US Highway 19, providing convenient access to nearby amenities and the greater Palmetto area. This property is perfect for a first home or an investor looking to make rental income! Don't miss this opportunity to own a piece of Florida paradise in the desirable Palmetto Point community. With its recent updates, prime location, and inviting community, 315 48th St W is ready to welcome you home.

Details

Property type

Single Family Residence

Est. home value

$317,709

Lot size

8,059 sq ft

Price per sq ft

$257

Year built

1957

Annual property taxes

$2,126.86

HOA

No

Price History

03/15/2025
StellarMLS

StellarMLS #A4644026

Listed
$260,000
+35.42%
01/16/2019
StellarMLS

StellarMLS #A4424384

Sold
$192,000
+47.69%
08/23/2018
StellarMLS

StellarMLS #U8010978

Sold
$130,000

Schools & Community

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

$67,734
Asking price
$260,000
Closing costs (~8% of asking)
-$20,800
Est. remaining loan balance
-$171,466
Cash to seller
$67,734

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

Seller’s Loan History

Lender

Suncoast Cu

Loan start date

January 2019

Original loan amount

$192,000

Est. remaining balance

$171,466

Interest rate

4.81%

Loan type

New Conventional, 30 year

Seller

Luis Penarenas and Destiny Laureano

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: 03/15/2025 at 5:00 PM

Listing updated: 03/15/2025 at 1:09 PM

Listed by: Brandon Baserva, FLORIDA ATTORNEY REALTY INC Phone #: (941) 932-7636

MLS: StellarMLS #A4644026

StellarMLS logo

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