tomo logo

$3,499,000

Beds
7
Baths
7.5
sq ft
5,282

635 Bay St NE, Saint Petersburg, FL 33701

635 Bay St NE

SAINT PETERSBURG, FL 33701

  • 127 days on market
LIVE IN THE MAIN HOUSE, AND THE CARRIAGE HOUSE RENTALS HAVE THE POTENTIAL OF $150,000 IN ANNUAL INCOME! WELCOME TO THE HISTORIC OLD NORTHEAST NEIGHBORHOOD OF ST PETERSBURG, FL, THE SUN IS AWAITING YOU!, Residents and guests delight in the peaceful and picturesque brick streets, where trees form graceful, arching canopies over the homes and sidewalks. Nestled on a corner lot just one block north of Downtown St. Pete and one block west of The Vinoy, this elegant home, built circa 1914 and originally named the Boyce Guest House, was designated a Historic Landmark by the City of St. Petersburg in 1997. A brick U-shaped walkway guides you to the front covered portico and into the grand foyer, featuring an oval trayed ceiling and flanked by four fluted columns. Adjacent to the foyer, you'll find both the expansive formal living and dining rooms, ideal for gatherings with family, friends, and guests alike. The living room features a gas-plumbed fireplace and seamlessly connects to a sunroom facing south, perfect for enjoying the St. Pete sunshine. Meanwhile, the dining room comfortably accommodates a table large enough to seat 8 to 10 family members or guests. The chef’s kitchen has been updated cabinets and appliances, highlighted by a five-burner gas cooktop. Adjacent to the kitchen is a generous laundry room equipped with oversized units, complemented by a full bath for the convenience of the first-floor bedroom (perfect for an Innkeeper’s room). Connecting the kitchen and dining room is the butler’s pantry, featuring two French doors that open onto the expansive northside porch. This peaceful outdoor space overlooks a serene patio shaded by two magnificent oak trees and surrounded by lush landscaping. The six bedrooms spread across the second and third floors each boast ensuite bathrooms, complete with jacuzzi tubs, except for one (on the third floor) which features an antique clawfoot bathtub. All rooms are flooded with natural light, and the second floor primary bedroom includes a south facing sunroom. The carriage house offers 3 generous suites available for short-term or long-term rental, or as in-law accommodations. The second-floor suites feature vaulted ceilings and a porch, perfect for unwinding and savoring the tranquility of the neighborhood. This home boasts several standout features, including original oak hardwood floors, stained glass windows, multiple French doors, exposed brick in the sunrooms, multiple HVAC units, a generator for power outages, tankless water heaters powered by gas, updated plumbing and wiring, as well as a spacious patio and shaded parking area. The location of this property is truly exceptional. It is conveniently situated: just 2 miles from Interstate 275, 18 miles from Tampa International Airport, 13 miles from St. Pete-Clearwater International Airport, and 21 miles from Downtown Tampa. Within the local area, it's only a block away from Downtown St. Pete, and 9 miles to the nearest Gulf beaches. Nearby attractions include The Vinoy, multiple bay front parks, The Museum of Fine Arts, the newly revamped St. Pete Pier (including Spa Beach, shopping & restaurants), the Central Yacht Basin, and Beach Drive, renowned for its outstanding restaurants, shops, and lively nightlife. This property is perfect for a family looking to take pleasure in its many amenities. Additionally, with its current license and operation as a Bed & Breakfast, it presents a great opportunity for an inn operator or investor.

Details

Property type

Single Family Residence

Est. home value

$2,264,180

Lot size

7,620 sq ft

Price per sq ft

$663

Year built

1914

Annual property taxes

$29,788

HOA

No

Price History

07/01/2024
StellarMLS

StellarMLS #U8248400

Listed
$3,499,000
+97.13%
05/27/2021
StellarMLS

StellarMLS #U8083476

Sold
$1,775,000
+44.31%
08/22/2018
StellarMLS

StellarMLS #U7842585

Sold
$1,230,000
+24500%

Schools & Community

Neighborhood: 

Historic Old Northeast

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

Mortgage Lending Trust Fa23 299 Llc

Loan start date

October 2023

Original loan amount

$1,820,000

Est. remaining balance

Not provided

Interest rate

7.23%

Loan type

Commercial

Seller

One Inn Llc

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: 11/05/2024 at 11:35 AM

Listing updated: 10/28/2024 at 8:54 AM

Listed by: Edward Barkett, BARKETT REALTY Phone #: (727) 388-9500

MLS: StellarMLS #U8248400

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