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$500,000

Beds
3
Baths
2.0
sq ft
1,850

5050 Venetian Blvd NE, Saint Petersburg, FL 33703

5050 Venetian Blvd NE

ST PETERSBURG, FL 33703

  • <1 day on market
Welcome to your very own waterfront paradise! This exceptional property, located in the highly sought-after Shore Acres neighborhood, offers an incredible opportunity for builders, investors, or homeowners with a vision. Whether you're looking to renovate the existing solid block structure or create a custom masterpiece from the ground up, the expansive lot (47x144) provides ample space for endless possibilities. With prime canal access and a private dock, you can easily enjoy boating, fishing, and waterfront living at its finest. The property also features an in-ground, screened-in pool, ideal for relaxing or entertaining in the serene outdoor setting. This home is being sold for land value or renovation, offering the perfect canvas for those seeking to build their dream waterfront oasis. Shore Acres is a vibrant, family-oriented community offering amenities such as the new Shore Acres Recreation Center, Mangrove Bay Golf Course, YMCA, and convenient access to Tampa Bay. Enjoy proximity to downtown St. Petersburg, renowned schools, shops, dining, museums, the St. Pete Pier, and the prestigious Renaissance Vinoy Resort. With easy access to I-275, Tampa, and the stunning Gulf Beaches, this location is the epitome of coastal living. Situated on over a quarter-acre of prime real estate, this property offers a unique opportunity to create your dream home in one of the most desirable waterfront neighborhoods in the area. Don’t miss out—schedule your private showing today! PROPERTY BEING SOLD AS IS. THIS HOME WAS IMPACTED BY HURRICANE HELENE AND HURRICANE MILTON.

Details

Property type

Single Family Residence

Est. home value

$679,774

Lot size

9,527 sq ft

Price per sq ft

$271

Year built

1968

Annual property taxes

$4,882.59

HOA

No

Price History

03/25/2025
StellarMLS

StellarMLS #TB8354613

Listed
$500,000
+75.44%
06/27/2016
StellarMLS

StellarMLS #U7767654

Sold
$285,000

Schools & Community

Neighborhood: 

Shore Acres

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

$336,488
Asking price
$500,000
Closing costs (~8% of asking)
-$40,000
Est. remaining loan balance
-$123,512
Cash to seller
$336,488

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

Seller’s Loan History

Lender

United States Small Business Admin

Loan start date

October 2023

Original loan amount

$125,300

Est. remaining balance

$123,512

Interest rate

7.12%

Loan type

Not Provided, 30 year

Seller

Eric Desonie and Tiffany L Desonie

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: 03/26/2025 at 6:55 AM

Listing updated: 03/26/2025 at 6:52 AM

Listed by: Allan Greenfield, PINEYWOODS REALTY LLC Phone #: (813) 225-1890

MLS: StellarMLS #TB8354613

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