tomo logo

$1,500,000

Beds
4
Baths
3.5
sq ft
3,986

5124 Southshore Dr, New Port Richey, FL 34652

5124 Southshore Dr

NEW PORT RICHEY, FL 34652

  • 199 days on market
SELLER IS OFFERING $30,000 BUYER CONCESSION TOWARDS BUYERS CLOSING COSTS OR INTEREST RATE BUY DOWN. Welcome to waterfront luxury living at its finest in Gulf Harbors! This stunning 2-story residence boasts 4 bedrooms, 3.5 bathrooms, and 3,986 square feet of impeccable living space, located directly on a very deep canal offering unrivaled access to the Gulf of Mexico. As you enter through the landscaped entry, you'll be captivated by the spacious open floor plan and immediate water views. The elegant spiral staircase with real wood flooring and iron spindles leads you to the second floor, where the owner's suite and additional guest bedrooms/bathroom awaits. The first floor presents a formal sitting area, formal dining room, and a kitchen-living room combo that seamlessly integrates indoor and outdoor living. Enjoy the true Florida lifestyle with hurricane pocket sliding doors opening to the outdoor oasis. On cooler evenings, cozy up by the wood-burning fireplace while taking in the serene water views. The gourmet kitchen features a large island, granite countertops, solid wood cabinetry, stainless steel appliances, walk-in pantry, and a sink overlooking the water. Upstairs, the owner's suite offers an updated bathroom with a modern barn door, granite countertops, and a spacious walk-in shower. The owners suite offers its own private balcony overlooking the canal and parts of the Gulf, perfect for experiencing breathtaking sunsets. The outdoor living space is an entertainer's dream, featuring a full outdoor kitchen, a newly re-plastered saltwater pool, and a convenient outdoor pool bathroom. Boating enthusiasts will appreciate the 12,000 LB boat lift and the new large 30' floating dock with electrical connections, ideal for accommodating a large vessel. Since owning the home, the seller has spent a total of $120,000 on home improvements/upgrades. For additional amenities, residents have the option to join the Gulf Harbors Private Beach Club for a nominal annual fee of $180. With no HOA or CDD fees and two private boat ramps within the community, this waterfront retreat offers unparalleled opportunities for coastal living. Don't miss your chance to experience luxury waterfront living at its finest – schedule your private showing today! One or more photo(s) has been virtually staged.

Details

Property type

Single Family Residence

Est. home value

$1,383,969

Lot size

8,625 sq ft

Price per sq ft

$377

Year built

1982

Annual property taxes

$11,249.23

Price History

08/09/2024
StellarMLS

StellarMLS #T3508645

Listed
$1,500,000
07/31/2024
StellarMLS

StellarMLS #T3508645

Removed
$1,500,000
03/04/2024
StellarMLS

StellarMLS #T3508645

Listed
$1,500,000
+63.04%

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

$914,024
Asking price
$1,500,000
Closing costs (~8% of asking)
-$120,000
Est. remaining loan balance
-$465,976
Cash to seller
$914,024

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 Wholesale Mortgage

Loan start date

September 2020

Original loan amount

$510,400

Est. remaining balance

$465,976

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Scott R Brown

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?

Similar Homes Nearby

Price drop
StellarMLS
$1,369,900
4 bd
|
3.5 ba
|
2,915 sq ft
|
House

3640 Harborview Ct, New Port Richey, FL 34652

StellarMLS
$1,300,000
5 bd
|
6 ba
|
4,090 sq ft
|
House

5521 Westshore Dr, New Port Richey, FL 34652

Status: Active

Tomo last checked: 09/18/2024 at 10:20 PM

Listing updated: 09/04/2024 at 1:07 PM

Listed by: Austin Marks, COMPASS FLORIDA, LLC Phone #: (813) 355-0744

MLS: StellarMLS #T3508645

StellarMLS logo