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Welcome to this stunning 1924 Spanish Revival Hacienda, located in the heart of vibrant Central St. Petersburg. This captivating home blends Old-World Spanish charm with modern updates, making it the perfect place to live and entertain. With a detached studio apartment offering potential rental income, this property is a true gem. Step through the arched entryway and wrought iron gate into the inviting courtyard, setting the tone for what awaits inside. The light-filled living room features soaring, exposed-beamed vaulted ceilings with intricately wood cross beams, complemented by a beautiful chandelier. The focal point is the cozy, traditional chiminea wood-burning fireplace, surrounded by a charming built-in bookshelf, evoking warmth and character. The remodeled eat-in kitchen is a masterful combination of style and functionality, showcasing gorgeous quartz countertops, sleek wood cabinetry, a stunning glass backsplash, and high-end stainless-steel appliances. The home also boasts a formal dining room, three bedrooms, and an updated bathroom with a glass-enclosed walk-in shower. Original hardwood floors in excellent condition, while glass doors seamlessly connect the indoors to the enchanting Mediterranean-style courtyard and large fenced backyard. A vine-covered archway leads to an expansive outdoor space, perfect for entertaining or relaxing in your own private oasis. Beyond the main home, the detached studio apartment offers 444 sq. ft. of space, including a full bath and porch. Ready for renovation, it has incredible potential for income. This property also features two carports, a circular driveway, and sits on a generous 75' x 127' lot—all in an ideal location with no flood insurance required (Flood Zone X). With all these amazing updates, this Spanish Revival beauty is the perfect blend of old-world elegance and modern comfort. Don’t miss your chance to own a piece of St. Petersburg history—schedule a tour today!
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$600,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $480,000 | $480,000 | $480,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.063% | 6.152% |
Monthly Tax Payment | $762 | $762 | $762 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,034 | $3,153 | $4,018 |
Total Monthly Payment | $3,888 | $4,007 | $4,872 |
* 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.