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Under Construction. Introducing the Franklin – a stunning new construction home by St. Pete’s premier builder, Canopy Builders! This thoughtfully crafted home offers 4 bedrooms, 3 full bathrooms, a study (or potential 5th bedroom), a mudroom, a second-story loft, and a 2-car garage. The spacious backyard is primed for a future pool, making it perfect for enjoying Florida living at its finest. Every detail in this home has been carefully selected by Canopy’s design team, showcasing pre-selected interior finishes that blend elegance and practicality. The chef’s kitchen is a showstopper, featuring soapstone countertops, handmade clay backsplash tiles, and high-end lighting and plumbing fixtures. The bathrooms are impressive, combining style and functionality to create serene spaces. The exterior is equally charming, with a brick walkway, decorative window moldings, and Canopy’s signature gas lantern, which perfectly complements the home’s architectural character. Other luxury finishes include 10’ ceilings on the main level, 9’ ceilings upstairs, 8’ interior doors, Hardie Board plank siding, a tankless gas water heater, impact-resistant windows, engineered hardwood flooring throughout, and dual digital thermostats for precise climate control on both levels. Find comfort in the high and dry Five Points neighborhood, with no flood insurance required. This home is located just a few minutes north of downtown St. Pete, Central Avenue, Beach Drive, and all that St. Pete has to offer. Plus, it’s less than 20 minutes from Florida’s renowned beaches and Tampa International Airport. Experience this exceptional home in person—schedule your private showing today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,395,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,116,000 | $1,116,000 | $1,116,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.625% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.813% | 6.739% | 6.581% |
Monthly Tax Payment | $458 | $458 | $458 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,871 | $7,146 | $9,645 |
Total Monthly Payment | $7,454 | $7,729 | $10,228 |
* 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.