tomo logo

$5,499,000

Beds
4
Baths
3.5
sq ft
4,785

501 1st Ave S, Tierra Verde, FL 33715

501 1st Ave S

TIERRA VERDE, FL 33715

  • 1 day on market
Located on one of Tierra Verde's most coveted streets, this home offers unparalleled panoramic views of the Skyway Bridge and the Downtown St. Petersburg Skyline, making it a rare gem. In 2022, a local luxury home builder undertook a complete renovation, on this as his personal residence, stripping the property down to its exterior concrete walls and replacing all upgraded wiring and panels to 400 amps, HVAC systems, ducts and thermostats, Framing with new modern layout, Spray foam Insulation, all new Plumbing, Drywall and Commercial Grade impact Windows and Doors, to meet current building codes, making it almost indistinguishable from new construction. The complete renovation was finished in early 2023. The open-concept living area seamlessly transitions to a spacious outdoor patio, perfect for entertaining guests or enjoying peaceful sunsets over the water. This home has prominent views of the skyway bridge and Downtown ST Petersburg from almost every room. As a Havensmart smart home, lighting, security, cameras, A/C, Enhanced LED lighting inside and outside, whole home audio, surround sound and in-home theatre can be controlled remotely via smartphone. Inside, the home boasts impressive ceiling heights ranging from 10 to 14 feet, a stunning 60-inch gas linear fireplace as well as 2 wood-burning fireplaces. Each room features exquisite California mahogany doors and custom cabinetry adding a touch of elegance. The completely custom kitchen is a chef's dream, equipped with top-of-the-line Thermador appliances, a professional gas Range with professional steamer, a jumbo waterfall-style custom white granite countertop, and a built-in Wolf coffee maker, and microwave drawer. The home is fully designer grade incorporating lighting, and Plumbing fixtures from Fergusson Design Gallery. The master suite acts as a private sanctuary, highlighted by floor-to-ceiling impact windows and a palatial, custom, walk-in closet complete with all your discerning custom cabinetry and display desires. The luxurious en-suite bathroom includes dual vanities, a freestanding soaking tub, and a frameless glass shower. Unwind in the new lavish pool and spa, complete with a sun shelf and outdoor LED lighting, surrounded by tropical landscaping and vibrant turfgrass. For those who love to entertain, the outdoor space includes a gourmet summer kitchen with a built-in grill, refrigerator, and ample seating, ensuring gatherings are both memorable and enjoyable. This prime location not only offers breathtaking views but also convenient access to nearby shopping, dining, and recreational activities. Additional upgrades comprise marble flooring, solid engineered hardwood flooring, along with new plumbing, insulation, electrical wiring and panels, and updated HVAC ductwork and systems. The newly constructed composite dock accommodates both a 13,000-pound and a 30,000-pound lift, featuring new electrical systems, motors, and cables. Whether you're searching for a peaceful retreat or a lively space for entertaining friends and family, this home perfectly blends elegance and comfort, making it an exceptional choice for discerning buyers. Don't let the chance to own this piece of paradise slip away, complete with every modern luxury at your fingertips.

Details

Property type

Single Family Residence

Est. home value

$2,466,529

Lot size

0.35 acres

Price per sq ft

$1,150

Year built

1985

Annual property taxes

$28,709.74

HOA

No

Price History

04/01/2025
StellarMLS

StellarMLS #TB8367485

Listed
$5,499,000
+294.19%
02/26/2010
StellarMLS

StellarMLS #T2379258

Sold
$1,395,000

Schools & Community

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

$4,210,980
Asking price
$5,499,000
Closing costs (~8% of asking)
-$439,920
Est. remaining loan balance
-$848,100
Cash to seller
$4,210,980

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

February 2023

Original loan amount

$870,000

Est. remaining balance

$848,100

Interest rate

6.27%

Loan type

New Conventional, 30 year

Seller

Mark D Hrubar and Anjelika Hrubar

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: 04/03/2025 at 8:45 AM

Listing updated: 04/02/2025 at 4:31 PM

Listed by: Keith Slater, COASTAL HOME ADVISORS RE Phone #: (727) 977-8500

MLS: StellarMLS #TB8367485

StellarMLS logo

Recently listed in TIERRA VERDE