tomo logo

$550,000

Beds
2
Baths
2.0
sq ft
924

7623 Gulf Blvd, St Pete Beach, FL 33706

7623 Gulf Blvd

ST PETE BEACH, FL 33706

  • <1 day on market
This sounds like a great opportunity for someone with vision! A property in such a prime St. Pete Beach location is definitely valuable, even with the hurricane damage. Walkscrore = 10. The proximity to downtown Corey Avenue, shops, and restaurants makes it a prime spot, and the convenience of nearby beaches, attractions, and transit options is a huge bonus. The new roof and solar panels definitely add value, especially with no damage from the hurricane. Plus, the pest-free attic insulation and recent termite treatment are reassuring for potential buyers. It seems like it could be an excellent opportunity for a builder or developer to turn it into a stunning new beach community property, or for someone to create their own beach oasis.

Details

Property type

Single Family Residence

Est. home value

$497,326

Lot size

5,375 sq ft

Price per sq ft

$596

Year built

1950

Annual property taxes

$4,993.88

HOA

No

Price History

02/01/2025
StellarMLS

StellarMLS #TB8345151

Listed
$550,000
+200.88%
10/05/2015
StellarMLS

StellarMLS #U7744533

Sold
$182,800
-24.46%
10/12/2005
StellarMLS

StellarMLS #U7140260

Sold
$242,000
+38.29%

Schools & Community

Elementary school: 

Azalea Elementary-PN

Middle school: 

Azalea Middle-PN

High school: 

Boca Ciega High-PN

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

$364,982
Asking price
$550,000
Closing costs (~8% of asking)
-$44,000
Est. remaining loan balance
-$141,018
Cash to seller
$364,982

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

Seller’s Loan History

Lender

Franklin American Mortgage Co

Loan start date

November 2016

Original loan amount

$172,000

Est. remaining balance

$141,018

Interest rate

3.42%

Loan type

New Conventional, 30 year

Seller

Lynn Savoia

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: 02/02/2025 at 4:55 AM

Listing updated: 02/02/2025 at 2:48 AM

Listed by: Ken Rogers, Jr, BHHS FLORIDA PROPERTIES GROUP Phone #: (727) 828-8615

MLS: StellarMLS #TB8345151

StellarMLS logo

Recently listed in ST PETE BEACH

$9,500,000|3 bd|3.5 ba|House
$550,000|2 bd|2.0 ba|House
$835,000|2 bd|2.0 ba|House
$4,000,000|4 bd|3.0 ba|House
$395,000|2 bd|2.0 ba|House
$2,150,000|3 bd|2.0 ba|House
$399,995|2 bd|2.0 ba|House

Explore top cities in Florida