tomo logo

$1,250,000

Beds
4
Baths
4.0
sq ft
3,650

588 Bay St, Palm Harbor, FL 34683

588 Bay St

PALM HARBOR, FL 34683

  • 105 days on market
    • Price drop $115,000↓
Palm Harbor – This executive split level 4 bedroom, 4 bath pool home is in the desirable small neighborhood of Ozona Trace at the end of a quiet cul-de-sac. The distinguished elevation has a grand staircase with 3 car split garage showcasing the lush tropical landscaping. As you enter the upper-level living space you are greeted by the high ceilings and open floor plan that is perfect for entertaining. The living room has a wood-burning fireplace with custom tile accents, custom built-in shelving, wood flooring, and a double sliding door to the outdoor living space.  The dining room has marble floors, an accent ledge, neutral paint, and a large window to let the natural light flow through the space. The kitchen has wood cabinets, granite countertops, custom tiled backsplash, stainless appliances, a pantry, and a breakfast bar that opens to the living room and deck beyond. There is an outdoor kitchen area just outside on the upper deck. Adjacent to the kitchen is a breakfast nook area surrounded by windows overlooking the outdoor living space.  The primary suite is complete with dual walk-in closet and en suite bath. The primary bedroom has wood floors, multiple windows to let in the sunshine, as well as a door to the outdoor living space. The primary bathroom has his and hers granite-topped vanities, a jetted soaking tub with a separate walk-in shower with a glass surround, and a water closet. The other two bedrooms on the upper level are spacious with high ceilings, large windows, and plenty of closet space. There is a guest bath near the living room and bedroom 3 as well as an additional bath near the kitchen and bedroom 2. Downstairs you will find another living space, a kitchenette, a spacious bedroom, and a bath. This area is perfect as a guest suite, for multi-generational living, or as a party space for fun times with family and friends. The living space has French doors that open to the outdoor living space and pool area. The outdoor living space has multiple social seating areas under the deck as well as around the pool and in the yard beyond. The pool and deck area are screened in for year-long enjoyment. The salt-water pool with spillover spa has a paver surround and several seating options to enjoy the sunshine. The paver area expands into the rear yard with additional winding paths through the tropical foliage into a relaxing fire pit area. Imagine enjoying this oasis and living the Florida lifestyle. Near Downtown Palm Harbor and all it has to offer. Zoned for desirable schools. Flood Zone X. Close to shopping, restaurants, and entertainment. Make your appointment to see this tropical paradise today!

Details

Property type

Single Family Residence

Est. home value

$1,193,279

Lot size

0.23 acres

Price per sq ft

$343

Year built

2005

Annual property taxes

$9,043.24

Monthly HOA fee

$91.67

Price History

08/23/2024
StellarMLS

StellarMLS #U8245763

Price change
$1,250,000
-8.42%
08/01/2024
StellarMLS

StellarMLS #U8245763

Removed
$1,365,000
06/20/2024
StellarMLS

StellarMLS #U8245763

Price change
$1,365,000
-6.83%

Schools & Community

Elementary school: 

Ozona Elementary-PN

Middle school: 

Palm Harbor Middle-PN

High school: 

Palm Harbor Univ 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

$856,471
Asking price
$1,250,000
Closing costs (~8% of asking)
-$100,000
Est. remaining loan balance
-$293,529
Cash to seller
$856,471

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

Seller’s Loan History

Lender

Synovus Bank

Loan start date

May 2020

Original loan amount

$388,000

Est. remaining balance

$293,529

Interest rate

3.06%

Loan type

New Conventional, 15 year

Seller

Laura E Boehrner and David Cleveland Stokely

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: 09/20/2024 at 9:25 AM

Listing updated: 09/14/2024 at 1:08 PM

Listed by: Catherine Burton, FUTURE HOME REALTY INC Phone #: (813) 855-4982

MLS: StellarMLS #U8245763

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Recently listed in PALM HARBOR