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$281,262Estimated home value

Beds
4
Baths
3.5
sq ft
1,514

3451 5th Ave N, Saint Petersburg, FL 33713

3451 5th Ave N

SAINT PETERSBURG, FL 33713

  • Sold On 9/17/2024
    • Price drop $10,000↓
Welcome to a rare opportunity to own a property loaded with versatility and consisting of two homes! Both have been completely and tastefully remodeled: The front unit is a 3Br/2Ba that feels much larger than the square footage indicates thanks to the well-designed floor plan and features such as a built-in bookshelf that doubles as a hidden door to the third bedroom. This home also has impact windows, quartz countertops, and newly installed sod and irrigation system! The back apartment is a spacious, fully furnished, 1Br/1.5Ba that is currently generating approximately $25,000-$30,000/year in income but would also make the perfect in-law suite. This unit offers many high-end upgrades such as barn doors constructed by a local artist using century-old, reclaimed, Florida hardwood. Other unique touches include marble sinks, exposed wood beams, shiplap wood on kitchen bar, built-in drawers, and custom-made, integrated wood headboard with queen-size bed, versatile drop-down, a custom-made wood desk-in closet, his-and-her closets, and mini-split A/C, while the large, luxury shower boasts a pebble floor and 3-headed rain shower system. The two houses are separated by custom-built "quiet" fence each with their own private yards. The owner spared no expense as he remodeled both units all the way down to the drywall! This includes all new kitchens with stainless steel appliances, luxury vinyl flooring, and new washer/dryers. The current owner also built these to last with new roofs, plumbing, electrical, tankless water heaters, and windows making this the perfect turn-key property for whatever your needs are. Each unit even has separate meters for electric, water, and gas! Being located just outside Historic Kenwood puts you directly in between Downtown St. Pete and the world class beaches of St. Pete Beach! Thanks to the current zoning of CRT-1, you also have the opportunity to use the house as an office providing you another option to maximize your investment! So whether you are looking for an income producing property, a place for your extended family, or a property that offers the ideal combination of office space with living space, this place has it all! It must really be seen to appreciate so schedule your private tour today!

Details

Property type

Single Family Residence

Est. home value

$281,262

Lot size

5,567 sq ft

Price per sq ft

$390

Year built

1949

Annual property taxes

$3,235.93

HOA

No

Price History

09/13/2024
StellarMLS

StellarMLS #T3534416

Sold
$589,000
08/24/2024
StellarMLS

StellarMLS #T3534416

Pending
$589,000
07/25/2024
StellarMLS

StellarMLS #T3534416

Price change
$589,000
-1.67%

Schools & Community

Neighborhood: 

Central Oak Park

Elementary school: 

Mount Vernon Elementary-PN

Middle school: 

Azalea Middle-PN

High school: 

St. Petersburg High-PN

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Blue Ray Investments Llc

Loan start date

May 2021

Original loan amount

$160,000

Est. remaining balance

Not provided

Interest rate

3.18%

Loan type

Purchase Money Mortgage

Seller

Pappalardo Investments Llc

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: Off Market

Tomo last checked: 10/04/2024 at 9:30 PM

Listing updated: 09/17/2024 at 5:07 PM

Listed by: Brian Lancaster, TAILWINDS REALTY, LLC Phone #: (813) 629-2323

MLS: StellarMLS #T3534416

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