by RH Advisors

Check Availability
$740,000
↓ $10K (1.3%)
House - For Sale

327 87th AVENUE N

ST PETERSBURG, FL 33702
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1623 Sqft
$3,849
Estimated Monthly
$0
HOA / Fees
4.49%
Cap Rate

About This Property

Opportunity knocks TWICE!  LIVE in this beautifully redone home while LAND-banking waterfront at today's prices! Yours to enjoy, Mid-Century Modern waterfront home on one of the most sought-after waterfront locations in Riviera Bay. All the while, you are building equity in Waterfront Land value! Take your time, design that dream home, it's yours to build on your timeline :)
Meanwhile, move in this open plan home with stunning views of the water from the kitchen, living room, dining room and master bedroom through the large sliding glass doors and expansive windows.  And there are two covered porches for relaxing and outdoor gathering.  

Inside, you will find a split plan layout.  The primary suite has its own central AC unit for night time comfort.  The primary bath is newly updated while still retaining its vintage charm.  There are two large closets.  The walk-in closet is cedar lined and the second primary closet has built-in drawers.  Bedrooms 2 and 3 are both nice and big and can easily be furnished with queen size beds.

In the center of the home, you will find an open living and gathering space.  The kitchen has a large multi-level island with lots of storage space on both sides.  Both the kitchen and living room have a 10 1/2 foot cathedral ceiling with transom windows at the top.

In the large laundry room, you will find front loader washer and dryer and laundry sink.  There is a lot of counter and cabinet space.  

Home features include:
Custom solid wood kitchen cabinets
Cathedral ceiling
Split plan layout
New roof
Dual central AC units (2015, 2022)
New water heater (Mar 2023)
New refrigerator and dishwasher (Sep 2023)
Large back yard
10,000 pound boat lift with remote controller
Assumable Flood Insurance policy

There is a one car carport, but behind the garage door you will find a 12 x 10 workshop space that can also be a motorcycle or golf cart garage.  It has a built in work bench with peg board and shelves on one side.  There are also 3 large wall cabinets.

In the front yard there is a mature Florida Avocado tree that produces the most delicious fruit from August through October.

The spacious lot is located on Sunlit Cove and is part of the Riviera Bay neighborhood.  Sunlit Cove is a natural 700 foot diameter cove that is home to manatees, snook, exotic birds, and is also visited by dolphin.  It is wider than any canal in all of Riveria Bay.  (All of the wildlife photos that you see here were taken by the owners in the backyard of this property).  From your own dock, enjoy fishing, paddleboarding, canoeing and swimming.  And for you boaters, there is a 9,000 pound boat lift.  From your backyard, by boat, it is a scenic half hour ride to Tampa Bay.

The location of this property is ideal.  You will be 15 minutes from downtown St. Petersburg which is full of amazing restaurants and shops, not to mention the new Pier.  Also, you will only be 15 minutes from Tampa International Airport and only 22 minutes to beautiful St. Pete Beach.

Riviera Bay has a new park that is a 15 minute walk (1 mile) away.  There are walking trails, outdoor exercise equipment, tennis and basketball courts, playground and pavilions for parties.

The neighborhood has many community events.  Most well known is the annual Christmas Eve boat parade.  You can sit on your dock and watch it because it comes right through the cove every year.
Unit Size
1,623Ft²
Days on Market
324 days
Land Size
0.20 acres
Price per sqft
$456
Property Type
House
Property Taxes
$215
HOA Dues
-
Year Built
1956
Listed By
Rhonda Sanderford
Rhonda Sanderford
KELLER WILLIAMS ST PETE REALTY
Last updated: 2 days ago (Stellar MLS #U8203220)

Price History

Date / Event Date Event Price
Apr 26, 2024 Price Decreased $740,000
↓ $10K (1.3%)
Price Decreased
Apr 12, 2024 Price Decreased $750,000
↓ $15K (2%)
Price Decreased
Mar 22, 2024 Price Decreased $765,000
↓ $10K (1.3%)
Price Decreased
Feb 17, 2024 Price Decreased $775,000
↓ $5K (0.6%)
Price Decreased
Feb 10, 2024 Price Decreased $780,000
↓ $5K (0.6%)
Price Decreased
Show More

Property Highlights

Parking Available
Air Conditioning
With View
Parking Details
Has Carport
Parking Features: Covered, Golf Cart Garage
Interior Details

Bathroom Information

Full Bathrooms: 2

Interior Information

Interior Features: Cathedral Ceiling(s), Ceiling Fans(s), Open Floorplan, Skylight(s), Solid Wood Cabinets, Thermostat, Walk-In Closet(s)
Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Range, Refrigerator, Washer
Flooring Type: Laminate, Tile
Laundry Features: Inside, Laundry Room

Room Information

Rooms: 8

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1989
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Square Area: 228
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,076
  • Lot Size Depth Feet: 1,420
  • Lot Size Frontage Feet: 610
  • Total Building Area: 2,304
  • Gross Building Area: 2,304
  • Building Area: 1,344
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,344
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: SUN-LIT SHORES
  • Land Acres: 0.185
  • Legal Description 1: SUN-LIT SHORES BLK 13, LOT 2

Ownership

  • Current Owner : GARIBOLDI MATTHEW J
  • Previous Owner : RYAN THOMAS E
  • Previous Owner 2: RYAN BEVERLY A
  • Is Owner Occupied: unknown

Neighborhood

  • School District Name: Pinellas County School District
  • Census Tract: 024411

Geography

  • Assessors Map Reference: 192
  • Account Number: R210853
  • District: SP
  • Subdivision Tract Number: 86634
  • Parcel: 19-30-17-86634-013-0020
  • Block: 13
  • Lot: 2
  • Meridian: SEC 19 TWN 30S RNG 17E
  • Municipality: ST PETERSBURG
  • Latitude: 27.8517
  • Longitude: -82.6379

    Address

  • Full Address: 327 87th Ave N
  • Address - House Number: 327
  • Street Segment Direction: N
  • Address - Street Name: 87th
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Saint Petersburg
  • Carrier Code: C013
  • 4-Digit Zip Code: 3713
  • Zip Code: 33702

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,581
  • Tax Rate Code Area: SP

    Appraisal Valuation

  • Standard Deviation: 0.0865
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 93
  • Final Value: 755,746
  • High Value: 821,166
  • Low Value: 690,327

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $282,250
  • First Open Lien Mortgage Lender: FIRST EQUITY MORTGAGE BANKERS
  • First Open Lien Mortgage Recording Date: Nov 16, 2012
  • First Open Lien Mortgage Loan Amount: $282,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2042

    Market Valuation

  • Market Total Value: $460,196
  • Market Land Value: $351,639
  • Market Improvement Value: $108,557

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $171,421

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 28, 2006
  • Current Sale Recording Date: Jan 04, 2007
  • Current Sale Transaction ID: 1062927684
  • Current Sale Price: $385,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 2007004256

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGEIT INC
  • First Mortgage Transaction Date: Jan 04, 2007
  • First Mortgage Loan Amount: $308,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: unknown
  • First Mortgage Loan Due Date: Jan 01, 2037

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,590 ft²
$437/ft²
$695,000 Sep 7, 2023
$695,000 Dec 8, 2023
$625/mo
House
3 Beds
2 Baths
1,956 ft²
$414/ft²
$810,000 Jul 21, 2023
$810,000 Sep 25, 2023
$370/mo
House
2 Beds
1 Bath
1,084 ft²
$692/ft²
$750,000 Jun 8, 2023
$750,000 Sep 5, 2023
$517/mo
House
6 Beds
6 Baths
3,077 ft²
$227/ft²
$700,000 May 24, 2023
$700,000 Sep 18, 2023
$239/mo
House
2 Beds
2 Baths
1,386 ft²
$613/ft²
$849,000 Oct 27, 2023
-
$283/mo
Townhouse
3 Beds
3 Baths
2,207 ft²
$360/ft²
$795,000 Nov 17, 2023
-
$483/mo
Townhouse
4 Beds
3 Baths
2,207 ft²
$367/ft²
$810,000 Dec 8, 2023
-
$483/mo

About Riviera Bay


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Frequently Asked Questions

When was property at 327 87th Avenue North built and last sold?
The property at 327 87th Avenue North was built in 1956 and last sold on Dec 28, 2006 for $385,000.
How much is this home worth?
The estimated value of the home located at 327 87th Avenue North is $766,174.
What are some comparable homes to 327 87th Avenue North?
Homes that are comparable to 327 87th Avenue North include a house property at 9373 1st Street Northeast, a townhouse property at 8617 5th Street North, 490 87th Avenue North.

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