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$340,000

Beds
3
Baths
1.0
sq ft
1,317

5730 28th Ave S, Gulfport, FL 33707

5730 28th Ave S

GULFPORT, FL 33707

  • 173 days on market
    • Price drop $60,000↓
Short Sale. Located on a spacious corner lot, this Gulfport property now offers an amazing opportunity. The house experienced flooding in Hurricane Helene. It presents two exciting options: It can either be torn down to build a brand-new custom home or renovated to your exact specifications. If the choice is to restore, the existing structure has a fantastic starting canvas. An open concept living/dining area accented by two large picture windows allows an abundance of natural light to fill the space. Two of the three bedrooms can easily accommodate king-sized beds. The third bedroom provides flexibly for guests or a home office. The existing interior laundry room can accommodate a second bathroom to boost future equity. Leave the charming screened in front porch or expand the square footage for another value add! The seller has started remediation but is willing to consider all offers now! Ideal for investors or those seeking a project in a desirable neighborhood. This property offers a unique chance to craft something exceptional ***Solar has recently been installed and the new owner may be able to take advantage of a $10,000+ federal tax credit.*** Photos show before and after Hurricane Helene for reference.

Details

Property type

Single Family Residence

Est. home value

$493,712

Lot size

6,248 sq ft

Price per sq ft

$259

Year built

1940

Annual property taxes

$4,264.07

HOA

No

Price History

11/01/2024
StellarMLS

StellarMLS #U8242585

Price change
$340,000
-5.56%
09/30/2024
StellarMLS

StellarMLS #U8242585

Removed
$360,000
08/09/2024
StellarMLS

StellarMLS #U8242585

Pending
$360,000

Schools & Community

Elementary school: 

Gulfport Elementary-PN

Middle school: 

Azalea Middle-PN

High school: 

Boca Ciega High-PN

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Movement Mortgage

Loan start date

November 2023

Original loan amount

$506,170

Est. remaining balance

Not provided

Interest rate

Not provided

Loan type

VA, 30 year

Seller

Lise J Freeman

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: 11/05/2024 at 11:30 AM

Listing updated: 11/01/2024 at 11:57 AM

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

MLS: StellarMLS #U8242585

StellarMLS logo

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