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$275,770Estimated home value

Beds
4
Baths
1.0
sq ft
1,016

4324 16th Ave S, Saint Petersburg, FL 33711

4324 16th Ave S

SAINT PETERSBURG, FL 33711

  • Sold On 9/17/2024
!!! CALLING ALL INVESTORS !!! This 4 Bedroom, 1 Bathroom property presents a fantastic INCOME GENERATING opportunity. A well-maintained property that is generating solid investment returns, with reliable Housing Authority Tenants already in place at $2,950 per month!! Housing authority potential per Pinellas County can reach $3,440 per month with this property. The home has undergone updates to ensure tenant comfort and satisfaction. Investing in this property means stepping into a turnkey investment opportunity that is already CASH FLOWING. Whether you're an experienced investor or just starting out, this property offers a solid foundation for long-term INCOME GROWTH. Don't miss out on this incredible INVESTMENT opportunity!!!

Details

Property type

Single Family Residence

Est. home value

$275,770

Lot size

6,098 sq ft

Price per sq ft

$265

Year built

1938

Annual property taxes

$2,344.64

HOA

No

Price History

09/13/2024
StellarMLS

StellarMLS #U8246676

Sold
$250,000
-7.06%
07/09/2024
StellarMLS

StellarMLS #U8246676

Pending
$269,000
06/13/2024
StellarMLS

StellarMLS #U8246676

Listed
$269,000
+896.3%

Schools & Community

Neighborhood: 

Childs Park

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

$170,914
Asking price
$269,000
Closing costs (~8% of asking)
-$21,520
Est. remaining loan balance
-$76,566
Cash to seller
$170,914

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

Seller’s Loan History

Lender

Loandepot.Com Llc

Loan start date

September 2019

Original loan amount

$85,000

Est. remaining balance

$76,566

Interest rate

3.75%

Loan type

New Conventional, 30 year

Seller

Jonathan Bhim and Nicole Bhim

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?

Status: Off Market

Tomo last checked: 10/04/2024 at 8:50 PM

Listing updated: 09/17/2024 at 5:06 PM

Listed by: Suresh Mohabir, DALTON WADE INC Phone #: (888) 668-8283

MLS: StellarMLS #U8246676

StellarMLS logo

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