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$400,000

Beds
2
Baths
2.0
sq ft
1,141

316 8th St S Unit 401, Saint Petersburg, FL 33701

316 8th St S Unit 401

ST PETERSBURG, FL 33701

  • 191 days on market
    • Price drop $9,900↓
LOCATION! “NEW A/C SYSTEM AUGUST 2024” This condo gives what you want from city life with the option to “get away from it all” in minutes to the white sand and blue water of St. Pete-area beaches, listed by every major ranking service as among the best in the world. Any map proves this condo is a few BLOCKS, not miles from: --a Publix grocery store, banks and parks --the Pinellas Bike Trail --at least 3 health clubs including the 10,000 sq ft AMPed Fitness Center DIRECTLY ACROSS THE STREET and open 24/7 --Central Ave with its array of museums, restaurants, bars and shops --three major hospitals and a full complement of medical/dental practices --Tropicana Field: Major League Baseball and events --all the activities of St. Pete Pier, marina, bayfront and Beach Drive That's what’s outside. What's inside this place? This 2-bed/2 full-bath unit is move-in ready. Bedrooms sit privately on opposite ends of the unit, each with their own full-bath. Enjoy easy living and entertaining with the open floor plan and uninterrupted flow between kitchen, breakfast bar, dining/living areas and the balcony. Newer appliances, granite countertops and ceramic tile floors throughout. This corner/end unit means you get Western and Southern exposure. The living room has a picture-window sliding door that opens to the large private balcony/terrace to guarantee you never miss those spectacular Florida sunsets. If you prefer to stumble out of bed for a quick look at the new day, use the private door from your master bedroom for direct access to that balcony. This is a secure and quiet building with transponder/gated access to your onsite parking. There's hundreds of other condos for sale in the area that are 40 or 50 years old, but Casablanca Towers was built in 2007. That matters. In the end, if you want a well-designed unit of quality and thought it might be nice to pay less than $500,000 to walk or jog rather than drive to all the fun and activity in life, then this is your place.

Details

Property type

Condominium

Est. home value

$468,515

Lot size

Unknown

Price per sq ft

$351

Year built

2007

Annual property taxes

$4,891.16

Monthly HOA fee

$682

Price History

08/09/2024
StellarMLS

StellarMLS #U8233474

Price change
$400,000
-2.42%
07/22/2024
StellarMLS

StellarMLS #U8233474

Price change
$409,900
-2.17%
07/11/2024
StellarMLS

StellarMLS #U8233474

Price change
$419,000
-3.68%

Schools & Community

Neighborhood: 

Downtown

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

$247,260
Asking price
$400,000
Closing costs (~8% of asking)
-$32,000
Est. remaining loan balance
-$120,740
Cash to seller
$247,260

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

Seller’s Loan History

Lender

Castle Mortgage Corp

Loan start date

May 2007

Original loan amount

$187,920

Est. remaining balance

$120,740

Interest rate

6.16%

Loan type

Not Provided, 30 year

Seller

Cheri Papadimitriou

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 10:55 PM

Listing updated: 08/28/2024 at 8:18 PM

Listed by: Kelly Hayden, RE/MAX METRO Phone #: (727) 896-1800

MLS: StellarMLS #U8233474

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