tomo logo

$3,300,000

Beds
4
Baths
3.5
sq ft
3,793

725 S Brevard Ave, Tampa, FL 33606

725 S Brevard Ave

TAMPA, FL 33606

  • 51 days on market
Don’t miss this amazing opportunity to own one of Hyde Park's most iconic homes! After 118 years without ever flooding, Hurricane Helene caused water to enter the home, as it did many others in South Tampa and the surrounding area. The mitigation process began within 48 hours of the storms passing. A certified restoration company is performing all of the mitigation work. A structural engineer has already been called out to the site to give his initial assessment on raising the home beyond the flood plain. Seller is waiting on written estimates, but the engineer’s initial assessment is that the home would be fairly easy to raise due to the lath & plaster construction. The expected cost to perform the structural work has been loosely estimated to be approximately $200,000. Once the home is completely renovated, it could have as much as 4,590 square feet of air conditioned space. This included finishing a portion of the 3rd floor (426 square feet) and the living space above the detached garage (371 square feet). There may also be an opportunity to expand the square footage further. This is a rare opportunity for the right buyer to restore this iconic home on one of the best street corners in all of Tampa. Bay views from nearly every room!

Details

Property type

Single Family Residence

Est. home value

$2,420,627

Lot size

8,712 sq ft

Price per sq ft

$871

Year built

1906

Annual property taxes

$15,743

HOA

No

Price History

10/04/2024
StellarMLS

StellarMLS #TB8310000

Listed
$3,300,000
+216.47%
10/17/2014
StellarMLS

StellarMLS #T2610333

Sold
$1,042,750

Schools & Community

Neighborhood: 

North Hyde Park

Elementary school: 

Gorrie-HB

Middle school: 

Wilson-HB

High school: 

Plant-HB

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

Midflorida Cu

Loan start date

August 2021

Original loan amount

$223,500

Est. remaining balance

$181,283

Interest rate

2.26%

Loan type

New Conventional, 15 year

Seller

Candace J Courter and Charles A Courter

Lender

Midflorida Cu

Loan start date

March 2020

Original loan amount

$200,000

Est. remaining balance

Not provided

Interest rate

3.32%

Loan type

Credit Line (Revolving), 20 year

Seller

Candace Courter and Charles A Courter

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: 11/24/2024 at 3:25 PM

Listing updated: 10/05/2024 at 6:52 AM

Listed by: Candace Courter, COURTER REALTY, INC. Phone #: (813) 477-1761

MLS: StellarMLS #TB8310000

StellarMLS logo

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