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$1,190,000

Beds
2
Baths
2.0
sq ft
1,506

7160 S Shore Dr S, South Pasadena, FL 33707

7160 S Shore Dr S

SOUTH PASADENA, FL 33707

  • 10 days on market
Rare waterfront opportunity on Pasadena Isle. This property has been professionally remediated and reappraised, confirming additional structure value. While it experienced water intrusion during the hurricane, it was not substantially damaged and remains a strong candidate for restoration. In the sought-after Pasadena Isle neighborhood, this west-facing, wide-water lot offers an exceptional opportunity to renovate or build in a premier enclave of multimillion-dollar homes. Spanning 90-by-120 feet, the property also includes 100 feet of privately owned submerged land, enhancing its waterfront potential. The two-bedroom, two-bath home with a two-car garage provides a solid foundation for customization or redevelopment, offering flexibility for a buyer’s vision. Pasadena Isle is known for its quiet atmosphere and proximity to the area’s top amenities. Just minutes from St. Pete Beach, Pass-a-Grille and Fort De Soto, as well as dining, shopping and downtown St. Petersburg. A prime opportunity to restore or reimagine this waterfront property.

Details

Property type

Single Family Residence

Est. home value

$1,244,683

Lot size

0.41 acres

Price per sq ft

$791

Year built

1959

Annual property taxes

$19,730

HOA

No

Price History

03/21/2025
StellarMLS

StellarMLS #TB8363989

Listed
$1,190,000
+3.48%
02/15/2022
StellarMLS

StellarMLS #U8146672

Sold
$1,150,000

Schools & Community

Elementary school: 

Azalea Elementary-PN

Middle school: 

Azalea Middle-PN

High school: 

Boca Ciega High-PN

Community features: 

Park, Playground

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

$234,878
Asking price
$1,190,000
Closing costs (~8% of asking)
-$95,200
Est. remaining loan balance
-$859,922
Cash to seller
$234,878

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

Seller’s Loan History

Lender

Luxury Mortgage Corp

Loan start date

February 2022

Original loan amount

$920,000

Est. remaining balance

$859,922

Interest rate

3.11%

Loan type

New Conventional, 30 year

Seller

Jeffrey E Blum and Melissa T Blum

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: 03/31/2025 at 7:20 PM

Listing updated: 03/26/2025 at 1:25 PM

Listed by: Aimee Smith, PREMIER SOTHEBY'S INTL REALTY Phone #: (727) 595-1604

MLS: StellarMLS #TB8363989

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