tomo logo

$799,000

Beds
3
Baths
2.0
sq ft
1,802

601 Cordova Blvd NE, Saint Petersburg, FL 33704

601 Cordova Blvd NE

ST PETERSBURG, FL 33704

  • 4 days on market
Fantastic investment opportunity of a prime redevelopment of a beautiful 90’ x 105’ corner lot in the heart of coveted Snell Isle! This one is ready for your dream home and the possibilities are endless. This property located a leisurely stroll or golf cart ride to the Vinoy Golf and Country Club and St. Pete Yacht Club's Snell Isle marina. Enjoy a brisk walk or bike ride to vibrant downtown St. Petersburg's shopping, restaurants, nightlife, sports venues, and museums. It is just a five minute drive to the 4th Street N shopping and dining corridor, and easy access to I-275 that will take you to St. Pete’s world-famous beaches, Tampa International & St. Pete/Clearwater airports, and all points north and south. The current home that stands on the property was completely flooded and damaged during Hurricane Helene. The seller makes no warranties or guarantees on the structure or improvements and the property is being sold AS-IS, for land value only. Buyer to verify all information.

Details

Property type

Single Family Residence

Est. home value

$1,035,883

Lot size

9,531 sq ft

Price per sq ft

$444

Year built

1955

Annual property taxes

$7,459.29

HOA

No

Price History

02/14/2025
StellarMLS

StellarMLS #TB8350606

Listed
$799,000
+74.84%
11/13/2013
StellarMLS

StellarMLS #T2582408

Sold
$457,000

Schools & Community

Neighborhood: 

Snell Isle

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$438,336
Asking price
$799,000
Closing costs (~8% of asking)
-$63,920
Est. remaining loan balance
-$296,744
Cash to seller
$438,336

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

Seller’s Loan History

Lender

Truist Bank

Loan start date

December 2020

Original loan amount

$327,500

Est. remaining balance

$296,744

Interest rate

2.81%

Loan type

New Conventional, 30 year

Seller

Peter Fahnestock

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: 02/18/2025 at 11:40 PM

Listing updated: 02/15/2025 at 6:54 AM

Listed by: Becky Malowany, SMITH & ASSOCIATES REAL ESTATE Phone #: (727) 342-3800

MLS: StellarMLS #TB8350606

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