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$1,050,000

Beds
3
Baths
2.0
sq ft
1,832

610 Russell St, Longboat Key, FL 34228

610 Russell St

LONGBOAT KEY, FL 34228

  • 67 days on market
    • Price drop $199,000↓
Buyer opportunity! This coastal gem in the desirable Longbeach Village area of Longboat Key offers exceptional access to beach and bay access and other island amenities and outdoor dining in one of the favorite areas of the island. The photos are of the home prior to the property being impacted by the recent storms and provides an opportunity for someone to make the new finishes their own. The pool has already been fully restored and is operational. The price reduction of nearly $200k is a great discount for a buyer doing the restoration. If the property is not sold prior to the owner beginning the restoration work in November, the price will be increased. Set on a lush, oversized lot, the property features an expansive front lawn and a fenced backyard oasis. Modern upgrades already include new PGT windows, a wonderful private backyard space boasting an expansive tropical gazebo for relaxing and entertaining, all while overlooking the generous heated and cooled saltwater pool with swim jets and spa. The open-concept interior can be modified or restored in its current and convenient split-plan layout.  The spacious primary bedroom retreat is filled with natural light and enjoys backyard views and access through French doors. The split-plan provides privacy for your guests.  The second bedroom features elevated windows, while the third bedroom, shown as a home office, overlooks the front and enjoys ample natural light. A large Florida room provides a separate conversation area and access to the primary bedroom retreat as well as the inviting outdoor entertainment area and stunning pool and spa. There is an outdoor shower, extra storage, and ample space for parking for your golf cart, boat or guests. With gulf-to-bay access for boating, kayaking and paddleboarding, as well as nearby waterfront dining, this home offers the ideal blend of comfort, style and island charm. Do not miss out on this coastal gem!

Details

Property type

Single Family Residence

Est. home value

$1,679,436

Lot size

9,600 sq ft

Price per sq ft

$574

Year built

1962

Annual property taxes

$6,808

HOA

No

Price History

10/24/2024
StellarMLS

StellarMLS #A4622706

Price change
$1,050,000
-15.93%
09/09/2024
StellarMLS

StellarMLS #A4622706

Listed
$1,249,000
-0.07%
07/09/2024
StellarMLS

StellarMLS #A4586583

Removed
$1,249,900

Schools & Community

Elementary school: 

Anna Maria Elementary

Middle school: 

Martha B. King Middle

High school: 

Bayshore High

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

Pnc Bank Na

Loan start date

December 2021

Original loan amount

$376,100

Est. remaining balance

Not provided

Interest rate

2.56%

Loan type

Credit Line (Revolving), 40 year

Seller

Melanie Carrozza

Lender

Pnc Bank Na

Loan start date

March 2020

Original loan amount

$150,000

Est. remaining balance

Not provided

Interest rate

3.39%

Loan type

Credit Line (Revolving)

Seller

Melanie Carrozza

Lender

Guaranteed Rate Inc

Loan start date

December 2015

Original loan amount

$327,200

Est. remaining balance

$265,464

Interest rate

3.76%

Loan type

New Conventional, 30 year

Seller

Melanie Carrozza

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: 11/14/2024 at 8:40 PM

Listing updated: 10/24/2024 at 2:00 PM

Listed by: Cindy Fischer, PREMIER SOTHEBYS INTL REALTY Phone #: (941) 383-2500

MLS: StellarMLS #A4622706

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