tomo logo

$475,000

Beds
4
Baths
2.0
sq ft
1,728

3462 Bayshore Blvd NE, Saint Petersburg, FL 33703

3462 Bayshore Blvd NE

SAINT PETERSBURG, FL 33703

  • 27 days on market
****THIS PROPERTY HAS FLOOD DAMAGE FROM HURRICANE HELENE** This is the only time this property has flooded in history. Being sold for lot value or complete renovation, lifting, or redevelopment. Sold as-is, CASH only, no wholesalers, no assignable contracts, no subject-to. Priced at land value and is perfect for redevelopment or new construction. This home is surrounded by multi million dollar waterfront homes on the prestigious and highly desirable Bayshore Blvd NE. The house next door is for sale as well. This is a builder/investors dream to have two large lots side by side. This property can be purchased by itself or with the lot next door. Cash Offers only - SOLD AS-IS with no inspection contingencies. This is an investment or redevelopment opportunity, seller cannot warrant any aspects of the property. Nestled in the desirable Shore Acres community, this home offers more than just a place to live—it’s a lifestyle. Shore Acres is known for its strong sense of community, where neighbors become friends and amenities are plentiful. Enjoy the convenience of an upscale neighborhood market within walking distance, and embrace the golf cart-friendly streets that make getting around a breeze. The neighborhood is alive with annual events, from festive holiday parades to exciting boat regattas, fostering a vibrant community spirit. Nearby parks and trails invite you to explore the great outdoors, whether it’s a leisurely stroll or a scenic bike ride through picturesque surroundings. And with downtown St. Petersburg’s vibrant shops and restaurants, as well as the sparkling waters of Tampa Bay, just minutes away, you’ll never be far from the best that the area has to offer. Don’t miss your chance to experience the beauty and comfort of this remarkable residence.**Photos are from before Hurricane Helene and are for illustrative purposes only**

Details

Property type

Single Family Residence

Est. home value

$830,244

Property condition

Fixer

Lot size

8,032 sq ft

Price per sq ft

$275

Year built

1971

Annual property taxes

$9,913.57

HOA

No

Price History

10/12/2024
StellarMLS

StellarMLS #TB8310940

Listed
$475,000
-24%
05/26/2021
StellarMLS

StellarMLS #U8119721

Sold
$625,000
+38.89%
06/18/2020
StellarMLS

StellarMLS #T3237367

Sold
$450,000

Schools & Community

Neighborhood: 

Shore Acres

Elementary school: 

Shore Acres Elementary-PN

Middle school: 

Meadowlawn Middle-PN

High school: 

Northeast High-PN

Community features: 

Playground, Pool, Tennis Court(s)

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

$2,938
Asking price
$475,000
Closing costs (~8% of asking)
-$38,000
Est. remaining loan balance
-$434,062
Cash to seller
$2,938

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

Seller’s Loan History

Lender

Sirva Mortgage Inc

Loan start date

May 2021

Original loan amount

$468,000

Est. remaining balance

$434,062

Interest rate

3.13%

Loan type

New Conventional, 30 year

Seller

David T Van Cott and Christine E Van Cott

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: 11/08/2024 at 2:15 PM

Listing updated: 10/24/2024 at 3:28 PM

Listed by: Kym Coyle, CHARLES RUTENBERG REALTY INC Phone #: (727) 538-9200

MLS: StellarMLS #TB8310940

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