tomo logo

$1,399,000

Beds
3
Baths
3.0
sq ft
1,800

714 Norton St, Longboat Key, FL 34228

714 Norton St

LONGBOAT KEY, FL 34228

  • 1 day on market
    • Open house Nov 16
Opportunity knocks! This canal front home has suffered hurricane damage ; the perfect opportunity to renovate or to build up to create your own oasis. Heated pool with led lights, outdoor kitchen and a designated area for a fire pit maximizes your enjoyment of this stunning space. A dock with two jet ski lifts and a boat lift accommodating 14,000 lbs is the perfect set up for your boating needs. The wave runner is included! This property is just a five minute walk to a beach.

Details

Property type

Single Family Residence

Est. home value

$319,034

Lot size

9,840 sq ft

Price per sq ft

$778

Year built

1967

Annual property taxes

$21,321.33

HOA

No

Price History

11/13/2024
StellarMLS

StellarMLS #A4629037

Listed
$1,399,000
-19.6%
06/23/2023
StellarMLS

StellarMLS #A4560235

Sold
$1,740,000
-3.33%
06/08/2022
StellarMLS

StellarMLS #A4534056

Sold
$1,800,000
+183.46%

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

$995,111
Asking price
$1,399,000
Closing costs (~8% of asking)
-$111,920
Est. remaining loan balance
-$291,969
Cash to seller
$995,111

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

June 2023

Original loan amount

$296,530

Est. remaining balance

$291,969

Interest rate

6.39%

Loan type

FHA, 30 year

Seller

Makenson Eloi

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: 11/14/2024 at 11:20 AM

Listing updated: 11/14/2024 at 8:54 AM

Listed by: Cari Miller, PREMIER SOTHEBYS INTL REALTY Phone #: (941) 364-4000

MLS: StellarMLS #A4629037

StellarMLS logo

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