Excellent opportunity for a builder looking for a great lot for a new build or an investor that wants to renovate and sell, with a projected ARV of from $650K-$700K. This home sits on an oversized corner lot with a circular driveway and an additional driveway for the two car garage.
The property has only flooded once in it's history, during hurricane Helene. As such, it is being sold As-Is to cash buyers only.
The A/C unit, air handler and water heater are new and were installed after the the property was damaged. The roof is newer and was replaced in 2021.
Type:
Single-family residential
Laundry Remarks:
In Garage
Subdivision:
SHORE ACRES BAYOU GRANDE SEC
Heating:
Central, Electric
Utilities
Cable Available, Electricity Connected, Sewer Connected, Water Connected
1944 S Carolina AVENUE NE, St. Petersburg, FL, 33703
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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