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$500,000

Beds
4
Baths
2.0
sq ft
1,878

5700 Bayou Grande Blvd NE, Saint Petersburg, FL 33703

5700 Bayou Grande Blvd NE

ST PETERSBURG, FL 33703

  • <1 day on market
Amazing investment opportunity!! Shore Acres home being sold AS IS! This home was flooded by hurricane Helene and has been remediated and is ready to renovate or rebuild! This is an open split floor plan with 4 bedrooms and 2 baths. A screened pool and outdoor entertaining area. A spacious 2 car garage allows plenty of space for cars and recreational toys! This neighborhood is minutes from downtown and offers a recreational center, Denver Park is within walking distance. Minutes to Publix, Whole Foods, Trader Joe's, and Mariner's Market. Many new construction homes are already being built in this neighborhood and selling for $1.5 million and up! Rebuild or Renovate! This home is ready!

Details

Property type

Single Family Residence

Est. home value

$692,786

Lot size

0.23 acres

Price per sq ft

$267

Year built

1970

Annual property taxes

$941,317

HOA

No

Price History

10/14/2024
StellarMLS

StellarMLS #TB8310509

Listed
$500,000
-1.09%
03/30/2021
StellarMLS

StellarMLS #U8102863

Sold
$505,500

Schools & Community

Neighborhood: 

Mangrove Bayou

Elementary school: 

Shore Acres Elementary-PN

Middle school: 

Meadowlawn Middle-PN

High school: 

Northeast High-PN

Community features: 

Park, Playground

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

$26,807
Asking price
$500,000
Closing costs (~8% of asking)
-$40,000
Est. remaining loan balance
-$433,193
Cash to seller
$26,807

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

Seller’s Loan History

Lender

Regions Bank

Loan start date

March 2021

Original loan amount

$479,750

Est. remaining balance

$433,193

Interest rate

2.73%

Loan type

New Conventional, 26 year

Seller

Austin G Bonner and Kerri Peterson

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: 10/14/2024 at 5:15 PM

Listing updated: 10/14/2024 at 3:32 PM

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

MLS: StellarMLS #TB8310509

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