tomo logo

$385,000

Beds
2
Baths
2.0
sq ft
1,180

7050 Sunset Dr S Unit 1601, South Pasadena, FL 33707

7050 Sunset Dr S Unit 1601

SOUTH PASADENA, FL 33707

  • 135 days on market
    • Price drop $15,000↓
Wow! Don't miss this rare opportunity to purchase this beautiful Top 16th Floor Corner Penthouse in this South Pasadena luxury high rise. This is thought of as the premier unit in this secured lobby complex with its many amenities. Two bedroom, two bath unit features an open floorplan that has been nicely updated with new luxury vinyl flooring throughout, new interior paint, an updated Kitchen and spacious bright rooms. The large Great Room that has an open view to the Kitchen has sliding doors to your private balcony with stunning water views of the Gulf beach, Intracoastal Waterway and the Bay as well as a great view of trendy downtown St Pete. Hurricane Shutters already installed for your protection. The spacious Master Bedroom has an ensuite Bathroom and large walk-in closet. There is a second Guest Bedroom and second Bath. There is a convenient washer/dryer for your own use in the updated Kitchen. The locked lobby entrance offers privacy and security and there is an onsite management office to assist you. Enjoy the many amenities in the complex beginning with the Clubhouse area on the main floor with its event space, game room, fitness area, full Kitchen and both steam and sauna. Step out onto the large sunbathing patio and heated inground pool and spa. The unit comes with a covered carport parking space, and there is a Home Warranty Plan included. HOA Buyer application, interview and approval. Units can be leased after one year ownership on an annual basis. Sorry no pets.

Details

Property type

Condominium

Est. home value

$429,375

Lot size

Unknown

Price per sq ft

$327

Year built

1980

Annual property taxes

$5,310.63

HOA

Yes

Price History

09/17/2024
StellarMLS

StellarMLS #U8241234

Price change
$385,000
-3.75%
06/18/2024
StellarMLS

StellarMLS #U8241234

Price change
$400,000
-8.05%
05/23/2024
StellarMLS

StellarMLS #U8241234

Listed
$435,000
+155.88%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Clubhouse, Fitness Center, Pool

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

$276,915
Asking price
$385,000
Closing costs (~8% of asking)
-$30,800
Est. remaining loan balance
-$77,285
Cash to seller
$276,915

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

September 2013

Original loan amount

$100,000

Est. remaining balance

$77,285

Interest rate

4.4%

Loan type

New Conventional, 30 year

Seller

Pyung Kwon Lee and Lucia E Chung

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: 10/04/2024 at 8:45 PM

Listing updated: 09/17/2024 at 2:17 PM

Listed by: Drew Carlyle, Jr, KELLER WILLIAMS GULF BEACHES Phone #: (727) 367-3756

MLS: StellarMLS #U8241234

StellarMLS logo