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$550,000

Beds
3
Baths
3.0
sq ft
1,780

500 Treasure Island Cswy Unit 406, Treasure Island, FL 33706

500 Treasure Island Cswy Unit 406

TREASURE ISLAND, FL 33706

  • 103 days on market
    • Price drop $50,000↓
**Stunning Treasure Island Condo – A Rare Opportunity!** Space for your whole tribe! Discover this spacious 3-bedroom, 3-bath, 1,780 sq ft condo in the coveted Treasure Island Tennis and Yacht Club. This prime corner unit boasts large, sunlit rooms and an airy, open layout all ON ONE LEVEL. It features hurricane shutters for added peace of mind. Perched on the 4th floor, you'll enjoy double balconies with breathtaking western sunset views. The beautifully updated kitchen features granite countertops, a convenient bar, and ample cabinet space. Dual primary suites offer privacy and comfort. The unit is turnkey and move-in ready and **SOLD FURNISHED**, complete with a full-size washer and dryer for your convenience. This well-maintained building includes a **new elevator and a remodeled lobby** and is pet-friendly for two small pets. Annual leasing is allowed for investment potential. Milestone inspection done! Reserve study done! Prime Location, Endless Amenities: Just a short stroll to award-winning Treasure Island Beach, where miles of pristine, white sandy shores and an array of dining options await. For outdoor enthusiasts, the nearby Treasure Bay Golf and Tennis recreation facility offers a wealth of activities, including tennis, pickleball, a 9-hole par-3 golf course, footgolf, picnic pavilions with BBQ grills, shuffleboard, volleyball, and more – all for a nominal fee. Are you looking for more? Downtown St. Petersburg is a quick drive away, where you'll find fine dining, art and cultural museums, waterfront parks, music and art festivals, and the vibrant Saturday Morning Market. Experience the best of **Florida living** in this beautiful Treasure Island condo! ***This 4th floor condo was not affected by hurricane Helene or Milton.

Details

Property type

Condominium

Est. home value

$603,828

Lot size

1.0 acres

Price per sq ft

$309

Year built

1974

Annual property taxes

$8,613.7

HOA

No

Price History

12/09/2024
StellarMLS

StellarMLS #TB8301523

Price change
$550,000
-8.33%
11/12/2024
StellarMLS

StellarMLS #TB8301523

Price change
$600,000
-12.41%
09/11/2024
StellarMLS

StellarMLS #TB8301523

Listed
$685,000
+37%

Schools & Community

Neighborhood: 

Paradise Island

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

$222,199
Asking price
$550,000
Closing costs (~8% of asking)
-$44,000
Est. remaining loan balance
-$283,801
Cash to seller
$222,199

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

Seller’s Loan History

Lender

Legend Lending Corp

Loan start date

March 2022

Original loan amount

$300,000

Est. remaining balance

$283,801

Interest rate

3.55%

Loan type

New Conventional, 30 year

Seller

Kimberly A Barnett and Jeffrey D Barnett

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: Active

Tomo last checked: 12/23/2024 at 7:45 AM

Listing updated: 12/09/2024 at 4:12 PM

Listed by: Carol Giovannoni, RE/MAX PREFERRED Phone #: (727) 367-3636

MLS: StellarMLS #TB8301523

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