tomo logo

$560,000

Beds
2
Baths
2.0
sq ft
1,300

5700 Escondida Blvd S Unit 406, Saint Petersburg, FL 33715

5700 Escondida Blvd S Unit 406

SAINT PETERSBURG, FL 33715

  • 9 days on market
The building was built to be the crown jewel of Isla del Sol. Originally built to house the executives of GE who developed the island of Isla del Sol. All unit owners have under building parking space to keep your cars out of the Florida sun. Extra storge on each floor for unit owners. The building has 2 elevators to serve the thirty-unit owners. The building is finishing up the envelope repair of the building including concrete work, balcony repair work and painting of the entire building. Also in the permitting stage is the pergola replacement at the pool area. This has been already funded by the current owners and just awaiting the permits to begin the work. The reserve study has been done and is in the draft stage and will be finalized soon. This 2 bed 2 bath unit is being sold with the primary bedroom furniture and a sleeper couch in the living room matching chair is currently in primary bedroom. This unit has been beautifully updated with vinyl plank flooring throughout. The kitchen has gorgeous countertops and cabinets. The washer and drying in laundry room off the kitchen will convey with the unit. This unit has a fantastic view of the 4th tee of Isla del Sol golf course. The 40 ft balcony has hurricane shutters for added safety. Condo exterior and balcony updated 2024. Building painted 2024. Recent updates includeRemodeled kitchen, frameless glass shower door in primary bathroom, flooring, hot water heater, doors, baseboards & molding, ceiling fan with light fixture and professionally painted throughout. Appliances: washer replaced 2021, refrigerator replaced Spring 2024, microwave replaced Spring 2024, Dishwasher replaced 2022. All high quality and Stainless Steel.

Details

Property type

Condominium

Est. home value

$544,675

Lot size

Unknown

Price per sq ft

$431

Year built

1981

Annual property taxes

$4,145.98

Monthly HOA fee

$653

Price History

07/01/2024
StellarMLS

StellarMLS #U8248761

Listed
$560,000
+115.38%
05/31/2016
StellarMLS

StellarMLS #U7772481

Sold
$260,000
+36.84%
07/31/2013
StellarMLS

StellarMLS #U7575942

Sold
$190,000

Schools & Community

Neighborhood: 

Isla Del Sol

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Fitness Center, 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

$343,881
Asking price
$560,000
Closing costs (~8% of asking)
-$44,800
Est. remaining loan balance
-$171,319
Cash to seller
$343,881

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

Seller’s Loan History

Lender

Caliber Home Loans Inc

Loan start date

February 2021

Original loan amount

$190,000

Est. remaining balance

$171,319

Interest rate

2.65%

Loan type

New Conventional, 25 year

Seller

Dominic J Magnolo and Theresa Magnolo

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: 07/10/2024 at 12:00 AM

Listing updated: 07/09/2024 at 1:23 PM

Listed by: Renee Simpson, C SIMPSON REALTY INC Phone #: (727) 306-8058

MLS: StellarMLS #U8248761

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Recently listed in SAINT PETERSBURG