tomo logo

$350,000

Beds
2
Baths
2.0
sq ft
1,045

470 3rd St S Unit 405, Saint Petersburg, FL 33701

470 3rd St S Unit 405

SAINT PETERSBURG, FL 33701

  • 179 days on market
    • Price drop $30,000↓
In the midst of all Downtown St Petersburg has to offer, you will find the charming and historic Beacon on 3rd. Once the tallest building in St Petersburg, it is now nestled amongst a stunning city skyline with the sparkling waters of Tampa Bay as a backdrop. Now, a highly sought after, two bedroom, two bathroom condo is available for purchase. Recently renovated, the custom finishes are on trend, yet timeless, and include a fully-renovated kitchen, updated baths, and beautiful, durable, vinyl flooring. Clever uses of space are found throughout the condo, whether it be the large kitchen island, ideal for gatherings, or the small work area, convenient, yet tucked away. A favorite feature for all is the oversized balcony, set off of floor to ceiling sliding glass doors, and looking out to fantastic green views. The views continue throughout the condo, to be enjoyed through walls of floor to ceiling windows. Saving the best for last, this specific condo benefits from two parking spaces! The Beacon includes many enjoyable amenities, such as a 24-hour fitness center, secured entry, night and weekend security, glistening pool with loungers and private cabanas, grilling and outdoor dining area free for your use, guest parking, and a truly remarkable rooftop deck! With a close proximity to local hospitals, the unit has been an ideal furnished rental for traveling nurses, as the HOA allows a 3 month minimum lease. Enjoy a surprisingly low electric bill, with the cost of heat and a/c included in your HOA fee. Peace of mind ownership! This condo has undergone rigorous state-mandated inspections and structural evaluations, ensuring it meets the highest standards. Welcome to the resort lifestyle: in the heart of a walkable downtown, just steps from endless bars and restaurants to explore, sporting events and entertainment, world class arts and culture, a stunning new pier, and all of the benefits of waterfront living without the responsibility.

Details

Property type

Condominium

Est. home value

$384,073

Lot size

1.77 acres

Price per sq ft

$335

Year built

1965

Annual property taxes

$3,648

Monthly HOA fee

$1,236.8

Price History

08/05/2024
StellarMLS

StellarMLS #U8244117

Price change
$350,000
-7.89%
08/05/2024
StellarMLS

StellarMLS #U8244117

Listed
$380,000
07/11/2024
StellarMLS

StellarMLS #U8244117

Removed
$380,000

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Fitness Center, 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

$55,762
Asking price
$350,000
Closing costs (~8% of asking)
-$28,000
Est. remaining loan balance
-$266,238
Cash to seller
$55,762

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

October 2021

Original loan amount

$285,600

Est. remaining balance

$266,238

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Enrique Montes Herrera and Eli Garcia

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: 11/22/2024 at 11:45 PM

Listing updated: 10/04/2024 at 12:08 AM

Listed by: Amanda Bursik, THE KEY GROUP Phone #: (727) 894-5454

MLS: StellarMLS #U8244117

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