tomo logo

$479,000

Beds
3
Baths
2.0
sq ft
1,476

7060 Boca Ciega Dr, St Pete Beach, FL 33706

7060 Boca Ciega Dr

ST PETE BEACH, FL 33706

  • 37 days on market
    • Price drop $20,000↓
"Attention Investors and Builders! Welcome to a rare opportunity in the heart of the Boca Ciega Bay area. This oversized corner lot is across the street from breathtaking water views and just two blocks from the lively Corey Avenue district. With its proximity to pristine Gulf beaches, trendy shops, and renowned restaurants, this property offers the perfect setting for a custom-built masterpiece or a lucrative development project. Key Features: Oversized corner lot providing ample space for creative designs. The prime location is across from Boca Ciega Bay, offering potential water views from the suitable building Two blocks from Corey Avenue, the hub of local dining, shopping, and entertainment. It is a short distance to award-winning beaches, making it ideal for beach enthusiasts and vacation home seekers. Development Potential: The property was impacted by flooding during Hurricane Helene and has not been remediated. It is being sold as-is, making it a perfect tear-down opportunity for those looking to create a brand-new, flood-resilient structure. This blank canvas offers endless possibilities for luxury single-family homes or even a modern duplex (pending zoning approval). Why This Property? Location, Location, Location: Waterfront-adjacent properties in this area are increasingly rare, and this lot’s corner placement adds significant value. Investment Opportunity: Ideal for developers or investors aiming to capitalize on the booming demand for high-end homes in a coastal setting. Visionary Potential: Build your dream home or a marketable property designed to take full advantage of the surrounding beauty and vibrant community. Call Today!

Details

Property type

Single Family Residence

Est. home value

$584,756

Lot size

8,912 sq ft

Price per sq ft

$325

Year built

1941

Annual property taxes

$6,531.92

HOA

No

Price History

12/20/2024
StellarMLS

StellarMLS #TB8320636

Price change
$479,000
-4.01%
11/16/2024
StellarMLS

StellarMLS #TB8320636

Listed
$499,000
+66.33%
10/30/2017
StellarMLS

StellarMLS #T2896015

Sold
$300,000

Schools & Community

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

Gulf Shores Credit Union

Loan start date

April 2000

Original loan amount

$41,000

Est. remaining balance

Not provided

Interest rate

8.23%

Loan type

New Conventional

Seller

Herbert Donat Sr and Isabel L Donat

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: 12/23/2024 at 6:55 AM

Listing updated: 12/20/2024 at 6:44 PM

Listed by: Ethel Buns, COMPASS FLORIDA LLC Phone #: (727) 339-7902

MLS: StellarMLS #TB8320636

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