tomo logo

$1,375,000

Beds
3
Baths
2.0
sq ft
1,483

906 Bay Point Dr, Madeira Beach, FL 33708

906 Bay Point Dr

MADEIRA BEACH, FL 33708

  • 8 days on market
This is some of the best waterfront you will find in pinellas county! Only minutes away from johns pass out to the gulf! Bring your imagination. Either bulldoze and start fresh on a premier lot or you can renovate with the great open floor plan it currently has. Seller has FEMA appraisal allowing for renovations up to $206,955 and a quote for renovations for $193,960 including a new roof! Both attached. Back patio roof to be removed 1/22

Details

Property type

Single Family Residence

Est. home value

$1,195,196

Lot size

6,939 sq ft

Price per sq ft

$928

Year built

1960

Annual property taxes

$16,011.5

HOA

No

Price History

01/14/2025
StellarMLS

StellarMLS #TB8338799

Listed
$1,375,000
+25%
05/26/2023
StellarMLS

StellarMLS #U8190176

Sold
$1,100,000
+37.5%
04/27/2021
StellarMLS

StellarMLS #J927001

Sold
$800,000

Schools & Community

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

$455,505
Asking price
$1,375,000
Closing costs (~8% of asking)
-$110,000
Est. remaining loan balance
-$809,495
Cash to seller
$455,505

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

Seller’s Loan History

Lender

Optionwide Financial Corp

Loan start date

May 2023

Original loan amount

$825,000

Est. remaining balance

$809,495

Interest rate

6.28%

Loan type

New Conventional, 30 year

Seller

Wendy Hong Trinh

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: 01/22/2025 at 12:05 PM

Listing updated: 01/15/2025 at 6:55 AM

Listed by: Frank Viggiano, JAY ALAN REAL ESTATE Phone #: (855) 529-2526

MLS: StellarMLS #TB8338799

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Recently listed in MADEIRA BEACH