tomo logo

$1,095,000

Beds
6
Baths
4.0
sq ft
3,150

5111 N Suwanee Ave, Tampa, FL 33603

5111 N Suwanee Ave

TAMPA, FL 33603

  • 37 days on market
Stunning Remodeled Bungalow with In-Law Apartments in the Heart of Seminole Heights Welcome to this beautifully remodeled and income generated bungalow located in the vibrant and sought-after Seminole Heights neighborhood of Tampa. Offering a perfect blend of historic charm and modern updates, this home features four bedrooms, two bathrooms, and an additional bonus space—providing the ideal layout for comfortable living and entertaining. AC(2015) Roof (2020) What truly sets this home apart is the addition of two detached in-law apartments, each with one bedroom and one bath. These private units come with their own separate entrance and dedicated parking, creating the perfect opportunity for guest accommodations, extended family, or even rental income. Upon arrival, you'll be greeted by a large front yard and a charming covered front porch, perfect for relaxing with a cup of coffee or watching the neighborhood go by. Inside, the home boasts beautiful historic windows, a cozy wood-burning fireplace with built-in shelving, and an open floor plan that flows seamlessly between the living room, dining room, and fully remodeled kitchen. The kitchen beautifully combines updated appliances and finishes with the home's timeless historic charm, making it a perfect space for cooking and gathering with family and friends. The first floor offers a private bedroom with a generous walk-in closet, a convenient laundry/mudroom, and a remodeled bathroom. Upstairs, you’ll find three additional spacious bedrooms, all filled with natural light from large windows, as well as a second remodeled bathroom. An additional bonus room on the second floor provides flexible space for an office, media room, or play area. The backyard is an entertainer’s dream, featuring a large storage shed for tools and outdoor equipment, a concrete grill and fire pit for cozy evenings, and a covered pergola deck perfect for al fresco dining or enjoying the Florida sunshine. After a long day, unwind in the jacuzzi hot tub, a perfect way to relax and rejuvenate. With its ideal location near the best of Seminole Heights' new restaurants, shops, and parks, this home offers the perfect combination of historic charm, modern amenities, and investment potential. Whether you're looking for a family home, a multi-generational living space, or an income-generating property, this stunning bungalow offers it all. Don’t miss the opportunity to own a piece of Seminole Heights history—schedule your showing today!

Details

Property type

Single Family Residence

Est. home value

$863,842

Lot size

8,052 sq ft

Price per sq ft

$348

Year built

1925

Annual property taxes

$12,474.27

HOA

No

Price History

11/15/2024
StellarMLS

StellarMLS #A4629401

Listed
$1,095,000
+32.73%
06/23/2022
StellarMLS

StellarMLS #T3371010

Sold
$825,000

Schools & Community

Neighborhood: 

South Seminole Heights

Elementary school: 

Broward-HB

Middle school: 

Memorial-HB

High school: 

Hillsborough-HB

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

$332,555
Asking price
$1,095,000
Closing costs (~8% of asking)
-$87,600
Est. remaining loan balance
-$674,845
Cash to seller
$332,555

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

Seller’s Loan History

Lender

Angel Oak Mortgage Solutions Llc

Loan start date

June 2022

Original loan amount

$701,250

Est. remaining balance

$674,845

Interest rate

5.1%

Loan type

New Conventional, 30 year

Seller

Rozalia Sem and Virabol Sem

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: 12/22/2024 at 11:20 AM

Listing updated: 12/01/2024 at 9:36 AM

Listed by: Jonathan Pergerson, FLOTACAL Phone #: (941) 888-0043

MLS: StellarMLS #A4629401

StellarMLS logo

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