tomo logo

$500,000

Beds
3
Baths
2.0
sq ft
2,263

8510 Magnolia St, Gibsonton, FL 33534

8510 Magnolia St

GIBSONTON, FL 33534

  • 10 days on market
Rare opportunity to create your dream home in a prime waterfront location! This 2,263 sq. ft., 3-bedroom, 2-bathroom home offers breathtaking views of the Alafia River from the expansive family room and serene primary bedroom. With partially completed remediation for water intrusion, the property presents endless potential for those looking to customize a space that caters to entertainers, boaters, fishermen, or multi-generational living. Designed for seamless indoor-outdoor living, the family room opens to a screened rear porch and a spacious backyard, perfect for relaxing or hosting gatherings. Enjoy the ultimate waterfront lifestyle with two docks, a covered 10,000-pound boat lift, and a sunning deck for unwinding after a day on the water. Covered parking is plentiful, with two carports accommodating up to four vehicles. Key updates include a new roof in 2022, a hot water heater replaced in 2024, and a new A/C system installed in 2023. Don’t miss this incredible chance to own a slice of riverfront paradise with endless possibilities to make it your own!

Details

Property type

Single Family Residence

Est. home value

$607,811

Lot size

9,168 sq ft

Price per sq ft

$221

Year built

1975

Annual property taxes

$5,665.75

HOA

No

Price History

12/12/2024
StellarMLS

StellarMLS #TB8329312

Listed
$500,000
+26.58%
06/17/2016
StellarMLS

StellarMLS #T2806904

Sold
$395,000
+17.91%
07/10/2008
StellarMLS

StellarMLS #T2286675

Sold
$335,000

Schools & Community

Elementary school: 

Gibsonton-HB

Middle school: 

Dowdell-HB

High school: 

East Bay-HB

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

$100,678
Asking price
$500,000
Closing costs (~8% of asking)
-$40,000
Est. remaining loan balance
-$359,322
Cash to seller
$100,678

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

Seller’s Loan History

Lender

Secure One Capital Corp

Loan start date

September 2020

Original loan amount

$397,000

Est. remaining balance

$359,322

Interest rate

2.88%

Loan type

VA, 30 year

Seller

Steven M Grant

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 7:50 AM

Listing updated: 12/17/2024 at 11:39 AM

Listed by: Alie Espinoza, EATON REALTY,LLC Phone #: (813) 672-8022

MLS: StellarMLS #TB8329312

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Recently listed in GIBSONTON