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$459,488Estimated home value

Beds
4
Baths
2.0
sq ft
2,200

4724 70th St N, Saint Petersburg, FL 33709

4724 70th St N

ST PETERSBURG, FL 33709

  • Sold On 9/6/2024
Experience the pinnacle of Florida lifestyle in this one-of-a -kind 4-bedroom, 2-bath sanctuary nestled in Saint Petersburg, Florida just minutes from the Florida’s most coveted sandy beaches. With a commitment to eco-friendly luxury, the owners spared no expense in transforming this property into their family's dream, seamlessly blending comfort and investment potential in this unique Saint Pete, FL retreat. Whether you're envisioning it as your dream home or a savvy investment opportunity, this versatile residence promises to exceed your expectations. Meticulously renovated by Alannah K Interiors, this expansive two-story home spans 2,200 heated square feet on a sprawling 8,269 square foot lot. Currently configured as a spacious 3-bedroom, 2-bath with an expansive office, it also offers the unique flexibility to be converted into a duplex, doubling its rental income potential—an ideal scenario for both living and investment purposes. Situated in unincorporated St. Pete with no HOA or CDD restrictions, this property opens doors to endless possibilities. Location couldn't be more prime— Only 5 miles (13 minutes) from Madeira Beach, Treasure Island, and Saint Pete Beach; 2.6 miles to BayPines VA Hospital, 8 miles to Downtown Saint Petersburg, and within minutes to schools, restaurants, grocery stores, Highway 19, Interstate 275 and 20 minutes to Tampa, and MacDill. As you step inside you will discover a home that exudes contemporary elegance and functionality, with over $97,000 invested in recent upgrades. From designer paint and fixtures with luxury vinyl plank flooring, a new roof (25-year guarantee), new AC system (with a 10-year transferrable warranty), and sustainable features like new solar panels (25 panels total) and an Electric Vehicle Level 2 Charger (charge electric vehicles 35 miles per hour), every detail has been meticulously crafted for modern comfort and efficiency. Furthermore, the property can be sold fully furnished for an additional fee, providing a convenient option for those looking to move in without the hassle of furnishing. Outside, the enchantment continues with over $17,000 dedicated to lush landscaping, including 50+ native trees, 25+ fruit trees and edibles, 25+ native flowers and butterfly/pollinator attractors and a serene vermicomposting garden. Best of all, relax in the screened lanai or gather around the firepit amidst the tranquil backdrop of tropical foliage—a true sanctuary to unwind and entertain. The home is currently a fully functioning 5-star Airbnb, generating solid rental revenue. To date, it has earned $28,000, with an additional $7,200 in pending payouts for future bookings. Should the new owner decide to continue using this property as an Airbnb, the current owners are willing to transfer the existing bookings, ratings, and property profile to the new owner. This property isn't just a home; it's a gateway to a lifestyle of luxury and the opportunity for greater appreciation in an area experiencing rapid growth. With its strategic location and exceptional amenities, this is an opportunity you won't want to miss. Schedule your showing today and seize the chance to make this extraordinary St. Pete retreat your own. Welcome home to a life of comfort, convenience, and endless possibilities.

Details

Property type

Single Family Residence

Est. home value

$459,488

Lot size

8,133 sq ft

Price per sq ft

$241

Year built

1982

Annual property taxes

$7,703

Price History

09/06/2024
StellarMLS

StellarMLS #T3535342

Sold
$560,300
+5.72%
08/03/2024
StellarMLS

StellarMLS #T3535342

Pending
$530,000
06/20/2024
StellarMLS

StellarMLS #T3535342

Listed
$530,000
+35.9%

Schools & Community

Elementary school: 

Seventy-Fourth St. Elem-PN

Middle school: 

Azalea Middle-PN

High school: 

Dixie Hollins 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

$137,244
Asking price
$530,000
Closing costs (~8% of asking)
-$42,400
Est. remaining loan balance
-$350,356
Cash to seller
$137,244

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

Seller’s Loan History

Lender

Home Financial Group Llc

Loan start date

January 2022

Original loan amount

$370,500

Est. remaining balance

$350,356

Interest rate

3.1%

Loan type

New Conventional, 30 year

Seller

Luiz Centenaro

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: Off Market

Tomo last checked: 09/20/2024 at 7:05 PM

Listing updated: 09/07/2024 at 12:27 AM

Listed by: Brittany Davis, COLDWELL BANKER REALTY Phone #: (813) 286-6563

MLS: StellarMLS #T3535342

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Recently listed in ST PETERSBURG