tomo logo

$425,000

Beds
4
Baths
2.0
sq ft
1,966

5301 Venetian Blvd NE, Saint Petersburg, FL 33703

5301 Venetian Blvd NE

SAINT PETERSBURG, FL 33703

  • Pending
Under contract-accepting backup offers. THIS HOME HAS BEEN REMEDIATED PHOTOS WERE BEFORE HELENE! Here’s your chance to secure a prime investment property in the sought-after St. Petersburg area! This 4-bedroom, 2-bathroom + bonus room ranch-style home offers incredible upside potential for those looking to step into instant equity with the right vision and updates. Located just minutes from downtown, this property presents a fantastic opportunity for a cash buyer ready to capitalize on the current market conditions. This CORNER LOT, POOL home experienced flooding during Hurricane Helene, but all remediation has been completed, providing a solid, clean slate for you to customize to your liking. The owner was able to salvage the granite countertops, as well as the knobs, plate covers, and hardware, which will help speed up your renovation efforts. The layout remains intact, making this a simple and straightforward value-add project. With its excellent location near downtown amenities and the high-demand rental market, this property presents a fantastic opportunity for investors or buyers looking to build equity quickly. Whether you’re planning a flip, rental, or personalized renovation, this is the perfect project to take on. Don’t miss out on this rare opportunity to secure a CASH-ONLY property with endless potential. Being sold AS-IS. ARV $650,000-750,000. Schedule your showing today!

Details

Property type

Single Family Residence

Est. home value

$722,443

Lot size

9,766 sq ft

Price per sq ft

$217

Year built

1964

Annual property taxes

$8,323

HOA

No

Price History

10/31/2024
StellarMLS

StellarMLS #TB8310999

Pending
$425,000
10/12/2024
StellarMLS

StellarMLS #TB8310999

Listed
$425,000
-26.72%
07/29/2024
StellarMLS

StellarMLS #T3533238

Removed
$580,000

Schools & Community

Neighborhood: 

Shore Acres

Elementary school: 

Shore Acres Elementary-PN

Middle school: 

Meadowlawn Middle-PN

High school: 

Northeast High-PN

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

$179,567
Asking price
$425,000
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$211,433
Cash to seller
$179,567

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

Seller’s Loan History

Lender

Loandepot.Com Llc

Loan start date

March 2017

Original loan amount

$248,417

Est. remaining balance

$211,433

Interest rate

4.19%

Loan type

FHA, 30 year

Seller

Russel Holzman and Jessica Holzman

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: Pending/Under Contract

Tomo last checked: 11/05/2024 at 11:35 AM

Listing updated: 10/31/2024 at 5:18 PM

Listed by: Denise Antonewitz, KELLER WILLIAMS ST PETE REALTY Phone #: (727) 894-1600

MLS: StellarMLS #TB8310999

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