tomo logo

$419,900

Beds
3
Baths
2.0
sq ft
1,038

341 Wertz Dr, Largo, FL 33771

341 Wertz Dr

LARGO, FL 33771

  • 100 days on market
    • Price drop $10,000↓
Welcome to Blue Flamingo Paradise, the ultimate turnkey investment opportunity for Airbnb entrepreneurs! This stylish 3-bedroom, 2-bathroom retreat with a private pool is perfect for generating steady income while offering guests a stylish experience. Being sold fully furnished and professionally staged this property stands out in the short-term rental market. Financially, the property has demonstrated impressive performance, generating over $51k in revenue in the last 12 months, with almost $32k in the last 6 months alone. Projections for 2024 anticipate earnings of $65,000. These numbers are particularly impressive considering the property has only been active on Airbnb for a year, with the initial period dedicated to securing reviews and ramping up reservations. With a stellar rating of 4.81 stars on Airbnb, guests consistently rate their experiences highly. The home itself has also been beautifully updated and features an inviting outdoor oasis with a new Intex above-ground pool, fire pit, outdoor dining area, and lounge space, ideal for relaxation and entertaining. The garage has been converted into a game room with air hockey, foosball, and wall tic-tac-toe, ensuring fun for guests of all ages. Even in the summer, guests in the garage game room stay cool with a portable air conditioner. Additionally, the property is equipped with family-friendly essentials, a well-equipped kitchen, and new laundry appliances. Currently a licensed Airbnb managed by a local Superhost, with future confirmed bookings, Blue Flamingo Paradise presents an immediate income opportunity and a proven track record of success. Don’t miss your chance to invest in this profitable and picturesque property. Secure your investment in Blue Flamingo Paradise and start reaping the rewards!

Details

Property type

Single Family Residence

Est. home value

$344,542

Lot size

8,176 sq ft

Price per sq ft

$405

Year built

1961

Annual property taxes

$4,587.88

Price History

08/05/2024
StellarMLS

StellarMLS #U8248257

Price change
$419,900
-2.33%
06/27/2024
StellarMLS

StellarMLS #U8248257

Listed
$429,900
+34.34%
11/07/2022
StellarMLS

StellarMLS #U8174475

Sold
$320,000
+40.97%

Schools & Community

Elementary school: 

Ponce de Leon Elementary-PN

Middle school: 

Largo Middle-PN

High school: 

Largo 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

$152,095
Asking price
$419,900
Closing costs (~8% of asking)
-$33,592
Est. remaining loan balance
-$234,213
Cash to seller
$152,095

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

November 2022

Original loan amount

$240,000

Est. remaining balance

$234,213

Interest rate

6.02%

Loan type

New Conventional, 30 year

Seller

Philip Vidi and Melody Vidi

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: 10/04/2024 at 10:00 PM

Listing updated: 09/10/2024 at 3:34 PM

Listed by: Josh Neighoff, EXP REALTY LLC Phone #: (888) 883-8509

MLS: StellarMLS #U8248257

StellarMLS logo

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