2550 3RD AVENUE S, St. Petersburg, FL, 33712 | $687,500

Under contract-accepting backup offers. Charming 1924 Home in Prime Palmetto Park Location – A Rare Opportunity!
Welcome to this classic 4-bedroom, 2-bathroom single-family home nestled in the highly sought-after Palmetto Park neighborhood of St. Petersburg. Built in 1924, this timeless home offers 1, 840 sq. ft. of living space and a total of 2, 240 sq. ft. under roof, sitting on two generous lots. The home boasts a newer roof and features central air and heat, providing both comfort and peace of mind. While the home could use a little TLC, it presents an exceptional opportunity to personalize and make it your own.
Step inside to discover a home filled with character and potential. Featuring two cozy sitting areas and a bright, enclosed porch, there's plenty of space for relaxation and entertaining. The home’s unique charm is evident throughout, offering a perfect canvas for those looking to put their own touch on a historic property.
One of the standout features of this property is its potential for multiple uses. With two lots, there is ample room for expansion, or the possibility of dividing the property for future development or additional income-generating opportunities. The detached garage offers even more potential and could easily be converted into an income-producing property, guest suite, or studio — the choice is yours!
Located just minutes from downtown St. Petersburg, this home puts you within easy reach of vibrant city life, including the famous Pier, restaurants, shops, and cultural attractions. Plus, the home is situated in a non-evacuation zone, providing peace of mind in a prime location.
Don't miss out on the chance to own this gem in a neighborhood that's in high demand. Whether you're looking for a place to call home, a property with future development potential, or a savvy investment, this property offers unmatched possibilities. Act fast – homes like this don’t come around often!

Features

  • Rooms: 3
  • Bedrooms: 4
  • Baths: 2 full
  • Laundry: In Garage, Washer Hookup
  • Style: Ranch
  • Year Built: 1924
  • Garage: 2-car
  • Heating: Central, Electric, Natural Gas
  • Cooling: Central Air
  • Approx Sq. Feet: 1,840
  • Acreage: 0.26
  • Est. Taxes: $288
  • Lot Desc: Corner Lot, Landscaped, Level, Private, Sidewalk
  • Elem. School: Woodlawn Elementary-PN
  • Middle School: John Hopkins Middle-PN
  • High School: Gibbs High-PN
  • Appliances: Range, Range Hood, Refrigerator, Tankless Water Heater
  • MLS#: TB8373413
  • Days on Market: 4 days
  • Website: https://www.raveis.com
    /prop/TB8373413/25503rdavenues_stpetersburg_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 4/16/2025 4:38:48 AM)
Listing courtesy of DARLING ROBERSON REALTY   Phone: 727-768-3757

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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Our Insurance Division:

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2550 3RD AVENUE S, St. Petersburg, FL, 33712

$687,500

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $550,000 $550,000 $550,000
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 $24 $24 $24
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,476 $3,613 $4,604
Total Monthly Payment $3,592 $3,729 $4,720

* 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.