tomo logo

$1,499,000

Beds
2
Baths
2.5
sq ft
2,033

7015 Bay St, St Pete Beach, FL 33706

7015 Bay St

ST PETE BEACH, FL 33706

  • 1 day on market
Wow! What a view! Amazing deep water frontage that can see all the way to downtown St. Pete! Boaters, water enthusiasts, THIS IS YOUR PICASSO! This home presents a great opportunity for visionary buyers or investors. Imagine building your dream home here or finishing the existing remediated home to its glory. With a 2022 built 75’ Dock, boat lift, Seawall, and elite Sekas pool with spa and sundeck, here is where the memories begin. Have your coffee with pelicans and parrots. Swim with the dolphins right from your own backyard. Located in the heart of St. Pete Beach, off of Gulf Blvd, close to Corey Ave, the restaurants and fun! At 75x140 this spacious 10,502 sqft. lot is magnificently placed at the top of Bay Street Triangle and 71st and the Bay. Priced favorably at land value AS-IS but also ready for finishes. This home did take on water during Hurricane Helene. St Pete Beach/FEMA has approved fixing the current home, (see disclosure as Non-substantial) or build your dream home. Paradise Awaits! Do Florida in St. Pete Beach.

Details

Property type

Single Family Residence

Est. home value

$1,593,578

Lot size

0.24 acres

Price per sq ft

$738

Year built

1950

Annual property taxes

$24,302.63

HOA

No

Price History

01/22/2025
StellarMLS

StellarMLS #TB8336546

Listed
$1,499,000
+7.07%
08/31/2021
StellarMLS

StellarMLS #U8130474

Sold
$1,400,000
+87.92%
02/28/2018
StellarMLS

StellarMLS #U7842958

Sold
$745,000

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

$452,525
Asking price
$1,499,000
Closing costs (~8% of asking)
-$119,920
Est. remaining loan balance
-$926,555
Cash to seller
$452,525

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

Seller’s Loan History

Lender

Jpmorgan Chase Bank Na

Loan start date

August 2021

Original loan amount

$1,000,000

Est. remaining balance

$926,555

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Mohammed Fakhoury and Wisam Qasem Fakhoury

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: 01/22/2025 at 10:55 PM

Listing updated: 01/22/2025 at 7:30 PM

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

MLS: StellarMLS #TB8336546

StellarMLS logo

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