Under contract-accepting backup offers. Discover the extraordinary potential of this expansive 36-acre parcel of unimproved land, strategically situated North of Gandy Blvd. This remarkable property presents a unique opportunity for those seeking to create something truly special in the heart of Saint Petersburg. While the land is situated in flood zone AE, it's essential to note that the majority of this vast expanse is zoned for Residential single-family residences, allowing for 2 Single Family Residences to be built within the 2.4 acres of buildable land. Rest assured, this invaluable insight has been directly verified through the Zoning Department of Saint Petersburg. No environmental impact studies have been performed. For any inquiries or further information on this one-of-a-kind opportunity, do not hesitate to contact me today.
Mangrove Cay LANE NE, St. Petersburg, FL, 33716
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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