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$675,000

Beds
3
Baths
2.0
sq ft
1,768

6400 Pelican Dr S, Saint Petersburg, FL 33707

6400 Pelican Dr S

SAINT PETERSBURG, FL 33707

  • 88 days on market
Investor’s Dream – Airbnb Property in Prime Location! Unlock the potential of this Airbnb-ready home, strategically located in unincorporated St. Pete, a hotspot for short-term rentals. Just minutes from the beaches, this beautiful property features a tranquil pool oasis that keeps guests returning again and again. Generating an impressive $90,000 in annual rental income, this home is a proven investment performer. With a split floor plan, it’s a perfect fit for families, enhancing its rental appeal. Best of all, it’s fully turnkey, allowing you to start earning from day one. Don’t miss out on this rare opportunity to acquire a high-income property in a sought-after area. Schedule a viewing today and secure a profitable investment!

Details

Property type

Single Family Residence

Est. home value

$650,483

Lot size

8,499 sq ft

Price per sq ft

$382

Year built

1953

Annual property taxes

$7,324.68

Price History

08/09/2024
StellarMLS

StellarMLS #U8253196

Listed
$675,000
-3.43%
08/02/2024
StellarMLS

StellarMLS #U8244006

Removed
$699,000
06/25/2024
StellarMLS

StellarMLS #U8244006

Price change
$699,000
-3.59%

Schools & Community

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

$115,933
Asking price
$675,000
Closing costs (~8% of asking)
-$54,000
Est. remaining loan balance
-$505,067
Cash to seller
$115,933

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

Seller’s Loan History

Lender

Homeowners Financial Group Usa Llc

Loan start date

September 2022

Original loan amount

$520,000

Est. remaining balance

$505,067

Interest rate

5.54%

Loan type

New Conventional, 30 year

Seller

Gregory Adam Reynolds

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 6:50 PM

Listing updated: 08/15/2024 at 11:50 AM

Listed by: Keith Flanagan, EXP REALTY Phone #: (727) 410-7482

MLS: StellarMLS #U8253196

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