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$384,900

Beds
3
Baths
2.0
sq ft
1,295

3761 Overlook Dr NE, Saint Petersburg, FL 33703

3761 Overlook Dr NE

SAINT PETERSBURG, FL 33703

  • Pending
    • Price drop $190,000↓
Under contract-accepting backup offers. **INVESTMENT OPPORTUNITY** Here is an amazing opportunity for a savvy buyer to renovate the current structure or tear down and build your dream home in paradise, across the street from multi-million dollar homes and waterways. The property sits on a large, .26 acre, 91x130ft (11,228ft) lot unlocking a lot of potential for a new build and leaving room for outdoor space. The inground pool was installed in 2019 and could potentially be incorporated into the new home. Located 2.2 miles from a brand new Whole Foods, Starbucks and Publix and about 4 miles from DT St Pete, the Pier and all the dining and entertainment in our vibrant downtown. Don't miss out on this great opportunity. Cash Offers ONLY, sold As-IS

Details

Property type

Single Family Residence

Est. home value

$635,278

Property condition

Fixer

Lot size

0.26 acres

Price per sq ft

$298

Year built

1954

Annual property taxes

$3,505.33

HOA

No

Price History

12/19/2024
StellarMLS

StellarMLS #TB8320017

Pending
$384,900
12/10/2024
StellarMLS

StellarMLS #TB8320017

Price change
$384,900
-33.05%
12/02/2024
StellarMLS

StellarMLS #TB8320017

Price change
$574,900
-4.17%

Schools & Community

Neighborhood: 

Shore Acres

Elementary school: 

Shore Acres Elementary-PN

Middle school: 

Meadowlawn Middle-PN

High school: 

Northeast 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

$159,001
Asking price
$384,900
Closing costs (~8% of asking)
-$30,792
Est. remaining loan balance
-$195,107
Cash to seller
$159,001

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

Seller’s Loan History

Lender

Raymond James Bank Na

Loan start date

January 2015

Original loan amount

$246,887

Est. remaining balance

$195,107

Interest rate

3.93%

Loan type

VA, 30 year

Seller

Marvin Oliva and Heather Oliva

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: Pending/Under Contract

Tomo last checked: 12/22/2024 at 3:20 PM

Listing updated: 12/19/2024 at 12:42 PM

Listed by: Jeff Mones, CENTURY 21 RE CHAMPIONS Phone #: (727) 398-2774

MLS: StellarMLS #TB8320017

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