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$1,195,000

Beds
4
Baths
2.5
sq ft
2,408

7874 9th Ave S, Saint Petersburg, FL 33707

7874 9th Ave S

SAINT PETERSBURG, FL 33707

  • 59 days on market
This is the waterfront lot you've been waiting for! Here’s your chance to build your dream home with breathtaking water views and direct Gulf access. Located in the highly sought-after Yacht Club Estates, this boater’s paradise offers deep water and no fixed bridges, making it ideal for accommodating large boats or sailboats. Just minutes from Treasure Island’s beautiful beaches and the vibrant downtown of St. Petersburg, you’ll enjoy proximity to all the best amenities while living in a peaceful, luxurious community. The current property will be demolished in December, giving you a fresh start for design and construction. Please note that the seawall does not need to be replaced. New Construction properties built to current building codes are going up all around Yacht Club Estates - creating exciting opportunities for Coastal/Waterfront Living in this dynamic area. This rare, discounted opportunity is due to flood damage from Hurricane Helene, with the property offered at lower than land value only and sold strictly as-is, with no inspection contingencies. Cash buyers only—no wholesalers, assignable contracts, or subject-to offers. This parcel is surrounded by multimillion-dollar waterfront estates, making it an ideal spot for redevelopment. Don’t miss out on your chance to own a piece of paradise!

Details

Property type

Single Family Residence

Est. home value

$1,609,247

Lot size

9,309 sq ft

Price per sq ft

$497

Year built

1967

Annual property taxes

$9,988.67

HOA

No

Price History

10/25/2024
StellarMLS

StellarMLS #TB8314860

Listed
$1,195,000
+104.27%
06/30/2014
StellarMLS

StellarMLS #U7592595

Sold
$585,000
+50.77%
06/29/2012
StellarMLS

StellarMLS #T2480009

Sold
$388,000

Schools & Community

Neighborhood: 

Yacht Club Estates

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

$848,934
Asking price
$1,195,000
Closing costs (~8% of asking)
-$95,600
Est. remaining loan balance
-$250,466
Cash to seller
$848,934

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

Seller’s Loan History

Lender

Iberiabank Mortgage Co

Loan start date

June 2012

Original loan amount

$349,200

Est. remaining balance

$250,466

Interest rate

3.83%

Loan type

New Conventional, 30 year

Seller

Michael J Julian and Gina C Julian

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: 12/22/2024 at 8:40 PM

Listing updated: 10/27/2024 at 2:22 PM

Listed by: Kym Coyle, CHARLES RUTENBERG REALTY INC Phone #: (727) 538-9200

MLS: StellarMLS #TB8314860

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