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Charming Original Home with Prime Lot Value in Coveted Saint Petersburg.
Discover a unique opportunity to own a piece of paradise on one of the most sought-after streets in Saint Petersburg! This charming original home, while showing signs of wear from Hurricane Helene, is being sold primarily for its exceptional lot value. Spanning 50 x 137 feet, this property boasts a wonderful alleyway at the back, making it an ideal canvas for your dream home.
Key Highlights:
Prime Location: ** Nestled just steps away from picturesque Coffepot Bayou, this property is perfectly situated in a highly desirable neighborhood. Enjoy leisurely strolls along Coffepot Boulevard or relax in the nearby park.
Vibrant Community: ** Experience the best of city living with Fresh Market, Whole Foods, and Trader Joe’s all within a short drive. Explore the unique shops and eateries along 4th Street North, just minutes from your doorstep.
Endless Possibilities: ** With a generous lot size and prime location, envision designing and building your customized dream home, tailored to your lifestyle and preferences.
A True Gem: ** This property presents an incredible opportunity for builders and investors looking to create a stunning residence in a coveted part of town.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$625,000
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 | $500,000 | $500,000 | $500,000 |
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% | 7.025% | 6.132% |
Monthly Tax Payment | $73 | $73 | $73 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,160 | $3,285 | $4,186 |
Total Monthly Payment | $3,325 | $3,450 | $4,351 |
* 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.