tomo logo

$499,000

Beds
3
Baths
1.5
sq ft
821

507 79th Ave, St Pete Beach, FL 33706

507 79th Ave

ST PETE BEACH, FL 33706

  • 35 days on market
WELCOME TO PARADISE! This charming 3/1.5 With St. Pete Beach Bungalow With Detached Garage Is Situated On An Oversized Lot Featuring Premium Turf And A 17ft Swim Spa That Can Adjust To Pool Or Hot Tub Temperatures. This Home Was Flooded In Helene But Had Not Flooded In Any Years Prior (Milton had no additional effect on the structure). This Home Was Immediately Remediated And Brought Down To The Studs, Creating An Opportunity For The New Owners To Create Their Own Vision And An Open Concept Floor Plan (if desired). This Oversized Lot Is Also An Excellent Candidate To Build Your Dream New Construction Home With Potential For Gulf Views! This Home Is Located In The Highly Desirable North Beach Neighborhood, Within Walking Distance To The Sugary Sands Of St. Pete Beach (Upham Beach), The Quaint Shops, Street Market And Festivals On Historic Corey Ave., And All Of The Vibrant Restaurants And Bars Just Around The Corner. A Must see!

Details

Property type

Single Family Residence

Est. home value

$604,579

Lot size

5,502 sq ft

Price per sq ft

$608

Year built

1950

Annual property taxes

$5,512.06

HOA

No

Price History

11/18/2024
StellarMLS

StellarMLS #TB8321381

Listed
$499,000
+12.13%
06/23/2021
StellarMLS

StellarMLS #U8123470

Sold
$445,000
+206.9%
03/16/2011
StellarMLS

StellarMLS #U7498620

Sold
$145,000

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

$131,189
Asking price
$499,000
Closing costs (~8% of asking)
-$39,920
Est. remaining loan balance
-$327,891
Cash to seller
$131,189

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

Seller’s Loan History

Lender

Primary Residential Mortgage Inc

Loan start date

June 2021

Original loan amount

$355,000

Est. remaining balance

$327,891

Interest rate

2.96%

Loan type

New Conventional, 30 year

Seller

Bradley Panek and Heather Panek

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: 12/23/2024 at 6:40 AM

Listing updated: 12/17/2024 at 1:09 PM

Listed by: Heather Panek, MOVE REALTY LLC Phone #: (727) 954-4407

MLS: StellarMLS #TB8321381

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