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$499,000

Beds
3
Baths
2.0
sq ft
1,424

5900 Bayou Grande Blvd NE, Saint Petersburg, FL 33703

5900 Bayou Grande Blvd NE

SAINT PETERSBURG, FL 33703

  • 8 days on market
Pictures prior to Hurricane Helene. This 3-bedroom, 2-bath home has been fully remediated following Hurricane Helene and offers a fantastic opportunity to gain instant equity with the necessary updates. Ideal for cash buyers, this property is located in a highly desirable area of St. Petersburg, just minutes from downtown and situated in a high-demand rental market. The kitchen and both bathrooms were previously updated before the storm but will need new vanities and lower kitchen cabinets and countertops. The new drywall has been installed. While the home did experience flooding during Hurricane Helene, all remediation has been completed, and the home is now ready for your finishing touches. With a newer pool and hot tub, plus a spacious fenced corner lot, this home offers great potential for investors or buyers seeking quick equity. Roof new in 2020. This home is perfect for those looking to bring new life to an existing structure CASH offers only, AS IS. Don’t miss this chance to own a home in a prime location with excellent upside potential.

Details

Property type

Single Family Residence

Est. home value

$431,057

Lot size

7,558 sq ft

Price per sq ft

$351

Year built

1970

Annual property taxes

$4,964

HOA

No

Price History

11/11/2024
StellarMLS

StellarMLS #TB8319422

Listed
$499,000
+399%
08/31/2015
StellarMLS

StellarMLS #T2744375

Sold
$100,000
-56.52%
07/24/2007
StellarMLS

StellarMLS #T2227900

Sold
$230,000

Schools & Community

Neighborhood: 

Mangrove Bayou

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

Midflorida Cu

Loan start date

July 2023

Original loan amount

$40,000

Est. remaining balance

Not provided

Interest rate

6.79%

Loan type

Credit Line (Revolving), 20 year

Seller

Brian S Oakes and Tina Oakes

Lender

Guaranteed Rate Inc

Loan start date

December 2020

Original loan amount

$412,050

Est. remaining balance

$376,458

Interest rate

2.78%

Loan type

New Conventional, 30 year

Seller

Brian S Oakes and Tina M Schuerman

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: 11/19/2024 at 7:40 AM

Listing updated: 11/13/2024 at 2:00 PM

Listed by: Diane Oakes, COLDWELL BANKER REALTY Phone #: (727) 822-9111

MLS: StellarMLS #TB8319422

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