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ADU and $25, 000 CREDIT TOWARDS LOWERING YOUR INTEREST RATE or CLOSING COSTS or home updating!!!! Spacious block home featuring impact windows, new roof, a NEWER DETACHED ADU over the garage and alley access located in the heart of St Pete! This 3 bedroom 2 bathroom main home with additional bedroom and bathroom in the ADU unit are sitting high and dry in the highly sought after neighborhood of Euclid St. Paul's. Enjoy the additional rental income the ADU brings or a great living space for family and friends who come too often! The open air covered front porch, hardwood floors, arched doorways, coved ceilings, and magnificent tongue and groove wood ceiling in the dining room welcome you with the St. Pete charm we all love. This home seamlessly blends beautiful and functional additions while perfectly preserving the history of the original home. With a front living room AND a grand great room with a fireplace located in the back of the home that has 2 sets of beautiful french doors one leading you to the dining room and the other out to your large patio deck, you’ll never run out of places to entertain or have privacy. You could have three parties going on at the same time! The kitchen is loaded with storage with an abundance of cabinets, stainless steel appliances, and granite countertops. There is zero wasted space in this home as it is built to live comfortably. Love storage? This home has 8 closets throughout the main home and a walled off storage section in the garage. Feel safe with new hurricane impact windows (2023), new roof (2023), and located in non-evacuation zone flood X. Work from home? No problem! The back bedroom has an en suite bathroom and walk-in closet and is away from the other 2 bedrooms. Making it the perfect place to have an office or a private place for guests. The detached alley access garage is big enough to park your car, has a dedicated storage room, and 2 potential parking pads besides the garage. Above the garage is the 480sqft 1 bedroom, 1 bathroom apartment that you can rent out for extra income or use for your guests. The irrigation system is powered by well water. So, you have free irrigation for the perfect beautiful yard. Now, let's talk about this AMAZING LOCATION. This neighborhood community is top notch. Euclid St. Paul’s organizes numerous annual family friendly community activities throughout the year including the St. Paul’s Festival and the Haunted Hike. You are 5 minutes from all the action of downtown St. Pete, including the St. Pete Pier, numerous museums, shops, restaurants, breweries, bars, and parks. You can even hop on the Cross Bay Ferry and take a leisurely ride or a quick 25 minute drive over the bridge to Tampa for yet another AMAZING city. Tampa International Airport is just 20 minutes away and St Pete/Clearwater International Airport is just 15 minutes away. Making travel and picking up people from the airport easy and convenient. If that's not enough, you are 15 minutes from some of the best beaches in the world. Are you packed yet? This opportunity to live in paradise and have income producing property won't last long!
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Our Executive Mortgage Banker:
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $679,840 | $679,840 | $679,840 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.625% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.861% | 6.727% | 6.560% |
Monthly Tax Payment | $247 | $247 | $247 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,131 | $4,353 | $5,876 |
Total Monthly Payment | $4,470 | $4,692 | $6,215 |
* 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.