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Welcome to your private tropical retreat in the heart of Placido Bayou! This beautifully updated and meticulously maintained 3-bedroom, 2-bath home offers 1, 722 square feet of stylish living in the highly sought-after, gated community of Placido Bayou. The open floorplan invites you in with abundant natural light from the vaulted ceilings and skylights in the living room. This provides light and bright, uninterrupted views of the resort-style pool, which is surrounded by lush, mature tropical landscaping that provides unmatched privacy and a serene, vacation-like feel. The screened lanai is made for entertaining—spacious, breezy, and ready for fun! Inside, the home shines with Roman-style natural travertine floors. The kitchen features elegant granite countertops in soothing tones, a natural gas stove, and high-end appliances—ideal for everyday living and perfect for those who love to cook and entertain. The en-suite bathroom offers generous space, complete with a walk-in shower, a separate spa-like tub, the privacy of a water closet, and a walk-in closet. This split-bedroom floor plan makes the en-suite feel like your own private oasis. A spacious two-car garage provides both convenience and additional storage options.
The exterior of the home has been FRESHLY PAINTED (JAN 2024) , and a NEW SLATE COLORED TILE ROOF was installed AUGUST 2024, providing peace of mind and move-in-ready convenience. Additionally, this property has NO HISTORY OF FLOODING and remained untouched during recent storm events. Enjoy added peace of mind with 24-hour manned security at the gated entrance. Known for its tranquil ambiance, Placido Bayou features picturesque lakes, winding nature trails, and towering mature trees that provide both natural beauty and a sense of serenity. The very reasonable HOA fee includes lawn maintenance and fresh exterior painting every seven years, among other amenities. This home is ideally situated just minutes from the vibrant waterfront of downtown St. Petersburg, placing you close to world-class dining, boutique shopping, renowned museums, and a thriving arts scene. Top-rated schools like Canterbury and Shorecrest are nearby, along with Florida’s award-winning beaches, major airports, and premier golf courses. For sports and fitness enthusiasts, the Racquet Club of St. Petersburg—offering both pickleball and tennis—is located right at the neighborhood’s entrance. This is a rare opportunity to own a private piece of Florida paradise in the exclusive community of Placido Bayou—schedule your private tour today.
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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 | $692,000 | $692,000 | $692,000 |
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 | $627 | $627 | $627 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,205 | $4,431 | $5,981 |
Total Monthly Payment | $4,924 | $5,150 | $6,700 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.