7051 Hibiscus AVENUE S, South Pasadena, FL, 33707 | $395,000

Under contract-accepting backup offers. Home flooded. Seller is remediating. Seller will consider selling As-Is. Zoned R10 on a deep (176ft) oversized lot, this location is approved for 3 residential units and is an exceptional income producing opportunity! Currently, lot contains a significant 3 bedroom, 2 bath, 1 car garage home with a large storage shed located in the rear. Home enjoys attractive interior finishes, cherrywood flooring, a large living room with fireplace, separate family room, spacious formal dining or gaming room with granite/Maplewood serving center, sizable casual dining area, and a split bedroom floorplan. Updated kitchen offers granite counters and granite backsplash, stainless steel appliances, maple cabinetry, an island bar with prep center, pantry and a skylight. Owner's suite includes a walk-in closet system and a rich full bath with a jetted spa tub encased in lovely tilework and a separate walk-in glass shower enclosure. Bedrooms 2 and 3 have appealing finishes and the full guest bath is nicely updated. "Fenced in" backyard is very large and private. Storage shed is surprisingly spacious with two separate storage areas (each with it;s on separate door access). This home is in a terrific location, close to shopping and dining, and just a few minutes from the beach. Downtown St Petersburg is an easy 15-minute drive from here. Outstanding income producing potential in a highly desirable area. Dimensions are estimates, buyer to verify dimensions.

Features

  • Amenities: Playground, Tennis Court(s), Trail(s)
  • Rooms: 3
  • Bedrooms: 3
  • Baths: 2 full
  • Lot Size: 72 x 176
  • Laundry: Electric Dryer Hookup, In Garage, Washer Hookup
  • Style: Custom
  • Year Built: 1955
  • Garage: 2-car Alley Access, Driveway, Garage Door Opener, Garage Faces Side, Split Garage
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 1,948
  • Acreage: 0.29
  • Lot Size: 72 x 176
  • Est. Taxes: $7,121
  • Lot Desc: Flood Insurance Required, FloodZone, City Lot, In County, Landscaped, Level, Near Public Transit, Oversized Lot
  • Elem. School: Azalea Elementary-PN
  • Middle School: Azalea Middle-PN
  • High School: Boca Ciega High-PN
  • Pet Policy: Yes
  • Appliances: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
  • MLS#: TB8301188
  • Days on Market: 70 days
  • Website: https://www.raveis.com
    /prop/TB8301188/7051hibiscusavenues_southpasadena_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 12/21/2024 11:47:07 AM)
Listing courtesy of CENTURY 21 JIM WHITE & ASSOC   Phone: 727-367-3795

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7051 Hibiscus AVENUE S, South Pasadena, FL, 33707

$395,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $316,000 $316,000 $316,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.456% 7.171% 6.276%
Monthly Tax Payment $593 $593 $593
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,129 $2,100 $2,665
Total Monthly Payment $2,797 $2,768 $3,333

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.