tomo logo

$775,000

Beds
2
Baths
2.0
sq ft
750

4000 Gulf Blvd Unit 307, St Pete Beach, FL 33706

4000 Gulf Blvd Unit 307

ST PETE BEACH, FL 33706

  • 312 days on market
    • Price drop $24,990↓
$25K Price Reduction! Prime Investment Opportunity in St. Pete Beach... Seize the chance to own a lucrative investment property in one of St. Pete Beach's most sought-after condo buildings. This fully furnished 2-bedroom, 2-bathroom residence is meticulously upgraded and ready to generate impressive rental income. Property Highlights: Modern Upgrades: Elegant maple cabinets and granite countertops adorn the kitchen and bathrooms. All appliances were updated in 2021, complemented by a brand-new master mattress (2022), a upgraded sofa-bed couch (2023), and new bunk beds with a trundle (2022) to comfortably accommodate up to 7 guests. Convenience at Its Best: Enjoy the ease of in-unit stackable laundry facilities and two spacious balconies offering partial Gulf views, perfect for soaking in daily sunsets over the Gulf of Mexico. Resort-Style Amenities: Located within a Gulf-front resort, indulge in the beachside heated pool, outdoor BBQ area with ample seating, and immediate beach access. Prime Location: Steps away from shopping, dining, and major resorts. Utilize the Beach Trolley or take leisurely walks to explore the vibrant surroundings, eliminating the need for a car. Plus, benefit from an assigned under-building parking space. Proven Income Generator: Boasting an impressive rental history, this property is ideal for offsetting vacation or second-home expenses. Don't let this discounted gem slip away! Experience the exceptional beachfront lifestyle while capitalizing on a high-demand rental market. Virtual Tour: Watch Here - https://youtu.be/QOr77B1sIbk

Details

Property type

Condominium

Est. home value

$629,162

Lot size

1.03 acres

Price per sq ft

$1,034

Year built

2003

Annual property taxes

$7,107

HOA

No

Price History

08/14/2024
StellarMLS

StellarMLS #U8226108

Price change
$775,000
-3.12%
04/12/2024
StellarMLS

StellarMLS #U8226108

Price change
$799,990
-5.88%
02/26/2024
StellarMLS

StellarMLS #U8226108

Price change
$849,990
-5.56%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

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

$348,734
Asking price
$775,000
Closing costs (~8% of asking)
-$62,000
Est. remaining loan balance
-$364,266
Cash to seller
$348,734

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

Seller’s Loan History

Lender

Citadel Servicing Corporation

Loan start date

November 2021

Original loan amount

$390,000

Est. remaining balance

$364,266

Interest rate

2.86%

Loan type

New Conventional, 30 year

Seller

Tracy B Moreno

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: 11/19/2024 at 8:25 AM

Listing updated: 09/13/2024 at 3:54 PM

Listed by: Valerie McClary, EXP REALTY Phone #: (727) 592-2286

MLS: StellarMLS #U8226108

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