tomo logo

$1,495,000

Beds
5
Baths
3.0
sq ft
2,302

963 Highland Ave, Dunedin, FL 34698

963 Highland Ave

DUNEDIN, FL 34698

  • 79 days on market
    • Price drop $100,000↓
What an amazing opportunity!! Charming single family home and separate cottage located in the downtown core, just off Main Street. Nightly rentals permitted and metered separately for electricity and water! Both cottages are recently renovated and have a successful rental income history. The possibilities are endless! Extra deep lot could accommodate several more units, offering incredible development/income potential! Both homes have been beautifully renovated and are completely move-in or vacation home ready! Live in one and rent out the other…..rent both…..or get creative and develop the land! Zoning allows up to 10 units. The pink cottage has a new roof and offers 4 bedrooms, 2 full baths and completely renovated interior. The quaint one bedroom cottage to the rear has polished concrete floors and sleek new kitchen and bath. Both homes offer inside laundry and the main house has a tankless water heater. Prime location within walking distance of eclectic restaurants, breweries, shopping, salons, festivals, the Pinellas Trail and show stopping sunsets! Furnishings are available for purchase and this compound can close quickly for anyone in need of immediate housing after the storm.

Details

Property type

Single Family Residence

Est. home value

$804,701

Lot size

0.36 acres

Price per sq ft

$650

Year built

1925

Annual property taxes

$9,691.84

HOA

No

Price History

12/03/2024
StellarMLS

StellarMLS #TB8310365

Price change
$1,495,000
-6.27%
10/05/2024
StellarMLS

StellarMLS #TB8310365

Listed
$1,595,000
+203.81%
02/28/2020
StellarMLS

StellarMLS #U8071428

Sold
$525,000

Schools & Community

Elementary school: 

San Jose Elementary-PN

Middle school: 

Dunedin Highland Middle-PN

High school: 

Dunedin 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

$1,019,212
Asking price
$1,495,000
Closing costs (~8% of asking)
-$119,600
Est. remaining loan balance
-$356,188
Cash to seller
$1,019,212

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

Seller’s Loan History

Lender

Caliber Home Loans Inc

Loan start date

February 2020

Original loan amount

$393,750

Est. remaining balance

$356,188

Interest rate

3.64%

Loan type

New Conventional, 30 year

Seller

William P Henson and Erin E Henson

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: 12/23/2024 at 8:30 AM

Listing updated: 12/03/2024 at 8:32 AM

Listed by: Peggy Mateer, COASTAL PROPERTIES GROUP INTERNATIONAL Phone #: (727) 493-1555

MLS: StellarMLS #TB8310365

StellarMLS logo

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