tomo logo

$2,350,000

Beds
3
Baths
3.0
sq ft
2,440

5120 MARINA WAY Unit 16005, TAMPA, FL 33611

5120 MARINA WAY Unit 16005

TAMPA, FL 33611

  • 425 days on market
    • Price drop $124,000↓
Welcome to this exquisite condo, where luxury and sophistication meet in perfect harmony. With an array of premium features and elegant finishes, this residence provides a sanctuary of comfort and style. Boasting 10' ceiling heights in the great room and bedrooms, a private entry foyer, and a host of upscale amenities, this home offers an unparalleled living experience. Upon entering, you are greeted by the seamless beauty of porcelain tile flooring, adding a touch of elegance to the foyer, great room, dining area, kitchen, powder rooms, and bathrooms. Step onto the terrace, adorned with sleek porcelain tile, and immerse yourself in the panoramic views. Indulge in the finer details, including solid core doors with stylish lever handles, smooth-finished ceilings and walls, and prewiring for your communication and entertainment needs. The window and sliding glass systems are not only aesthetically pleasing but also hurricane impact rated for your peace of mind. Prepare gourmet meals in the sophisticated kitchen equipped with European-style cabinetry, 3 cm quartz countertops, and a full quartz backsplash. The top-of-the-line SubZero/Wolf professional-style appliance package, including a wall-mounted stainless-steel hood and a range of premium appliances, ensures an exceptional culinary experience. Retreat to the owner's bath, a haven of relaxation, featuring polished chrome fixtures, a free-standing relaxation tub, and a luxurious rainfall shower. The guest bathrooms also exude elegance, with European-style cabinetry, Grohe polished chrome fixtures, and exquisite porcelain flooring. Experience the epitome of luxury living in this sophisticated condo, where every detail is meticulously crafted for your utmost comfort and pleasure. Schedule a viewing today and embrace a lifestyle of unparalleled opulence and refinement. 40' Boat Slip is sold separately.

Details

Property type

Condominium

Est. home value

$298,072

Property condition

New Construction

Lot size

1.04 acres

Price per sq ft

$964

Year built

2023

Annual property taxes

$11,944.41

HOA fee

$6,187

Price History

04/29/2024
StellarMLS

StellarMLS #T3481136

Price change
$2,350,000
-5.01%
04/03/2024
StellarMLS

StellarMLS #T3481136

Price change
$2,474,000
-1%
10/26/2023
StellarMLS

StellarMLS #T3481136

Listed
$2,499,000
+36.56%

Schools & Community

Neighborhood: 

Rattlesnake

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Fitness Center, Park, Pool

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

$1,888,080
Asking price
$2,350,000
Closing costs (~8% of asking)
-$188,000
Est. remaining loan balance
-$273,920
Cash to seller
$1,888,080

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

Seller’s Loan History

Lender

Lennar Mortgage Llc

Loan start date

May 2023

Original loan amount

$279,167

Est. remaining balance

$273,920

Interest rate

6.28%

Loan type

New Conventional, 30 year

Seller

Sherrie Lynn Warren and Barry Douglas Warren

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: 12/24/2024 at 12:15 PM

Listing updated: 09/04/2024 at 1:03 PM

Listed by: Jorge Rodriguez, COASTAL PROPERTIES GROUP INTER Phone #: (813) 553-6869

MLS: StellarMLS #T3481136

StellarMLS logo

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