tomo logo

$760,000

Beds
6
Baths
4.0
sq ft
4,323

3416 S 70th St, Tampa, FL 33619

3416 S 70th St

TAMPA, FL 33619

  • 62 days on market
Great value add in Palm River, just outside Downtown Tampa. Sitting on nearly an acre. This is a large, single family home with a 2 story detached ADU (Additional Dwelling Unit) in the backyard. All 3 units are currently being rented bringing in $3,120 a month. The main house is vacant and has a completely concealed, air conditioned garage that can easily be turned into a studio for additional rental space. The home sits on a quite street away from the chaos of the city, but close enough to partake in the cities activities which make it a great long term or short term rental. The home also has a great, enclosed entertainment space with a built- in bar that overlooks the spacious backyard with its untapped potential.

Details

Property type

Single Family Residence

Est. home value

$355,997

Lot size

0.81 acres

Price per sq ft

$176

Year built

1984

Annual property taxes

$8,034.01

HOA

No

Price History

09/23/2024
StellarMLS

StellarMLS #TB8306733

Listed
$760,000
+22.58%
09/21/2022
StellarMLS

StellarMLS #T3388918

Sold
$620,000

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

$376,707
Asking price
$760,000
Closing costs (~8% of asking)
-$60,800
Est. remaining loan balance
-$322,493
Cash to seller
$376,707

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

Seller’s Loan History

Lender

Truist Bank

Loan start date

August 2022

Original loan amount

$332,500

Est. remaining balance

$322,493

Interest rate

5.51%

Loan type

New Conventional, 30 year

Seller

Sydnic Labrousse

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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2603 S 70th St, Tampa, FL 33619

Status: Active

Tomo last checked: 11/24/2024 at 3:40 PM

Listing updated: 10/05/2024 at 1:08 PM

Listed by: Jorge Braham, COMPASS FLORIDA, LLC Phone #: (813) 355-0744

MLS: StellarMLS #TB8306733

StellarMLS logo

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