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$699,000

Beds
3
Baths
4.0
sq ft
2,227

7039 Hibiscus Ave S, South Pasadena, FL 33707

7039 Hibiscus Ave S

SOUTH PASADENA, FL 33707

  • <1 day on market
ONLY FLOODED ONCE! Multi-Famliy Zoning! Opportunity awaits at 7039 Hibiscus Ave S in the desirable South Pasadena! Situated on a Spacious Lot (0.29-acre), this home features a 3-Bedroom, 4-Bath Split Plan layout spanning over 2,200 sqft. The main living area inside has been remediated and is ready for remodeling to your personal tastes, providing a blank canvas to create your dream space. Step outside to a stunning Olympic-Size Pool recently repaired following hurricane damage and is now ready to enjoy. The pool is complemented by a 100 Sqft. Spa and a spacious 560 Sqft. covered Patio featuring a cozy Gas Fireplace, ideal for outdoor entertaining. Additional highlights include a convenient 2-Car Garage, an Extra-Large Utility Room comfortably accommodating your Washer and Dryer, and two Large Exterior Storage Rooms. This home has undergone notable enhancements, including a 900 Sqft. Addition in 2017, a New Pool in 2019, and a New Patio in 2024, resulting in an appraisal value of $953,000 following these upgrades. 2024 is the first time the home has EVER flooded, presenting an exceptional opportunity to Remodel or Rebuild. It's RM-10 Residential/Multi-family zoning provides excellent flexibility for redevelopment. Enjoy the convenience of being only a 10-minute drive to the Beach and approximately 15 minutes from vibrant downtown St. Petersburg. Embrace this exceptional opportunity in an outstanding location!

Details

Property type

Single Family Residence

Est. home value

$761,673

Lot size

0.29 acres

Price per sq ft

$314

Year built

1953

Annual property taxes

$3,634.87

HOA

No

Price History

03/10/2025
StellarMLS

StellarMLS #TB8359737

Listed
$699,000

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

$55,369
Asking price
$699,000
Closing costs (~8% of asking)
-$55,920
Est. remaining loan balance
-$587,711
Cash to seller
$55,369

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

Seller’s Loan History

Lender

Midflorida Cu

Loan start date

April 2023

Original loan amount

$600,000

Est. remaining balance

$587,711

Interest rate

6.65%

Loan type

New Conventional, 30 year

Seller

David B Winkler and Connie Sue Winkler

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: 03/11/2025 at 3:40 PM

Listing updated: 03/11/2025 at 1:48 PM

Listed by: Adam Benmbark, KELLER WILLIAMS ST PETE REALTY Phone #: (727) 894-1600

MLS: StellarMLS #TB8359737

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