495 35th AVENUE N, St. Petersburg, FL, 33704 | $598,000

Under contract-accepting backup offers. Discover a unique opportunity in the heart of St. Pete's Allendale neighborhood, surrounded by picturesque streets adorned with oak trees. Situated just off 4th Street and a mere 2 miles away from the lively and vibrant downtown St. Petersburg, this property boasts not just one, but two income-producing units. The main home features a spacious 2-bedroom, 1-bathroom layout with a generous kitchen and a bonus room that can easily be transformed into a third bedroom or utilized as an office space. Ideal for hosting gatherings, the home is expansive both indoors and outdoors. An enclosed patio off the bonus room allows residents to unwind and soak in the tranquility of Florida's weather. The separate back unit, with its private entrance, boasts a comfortable living area adorned with vinyl flooring, seamlessly connected to a beautifully remodeled kitchen. The bedroom is generously sized, and the fully renovated bathroom adds a touch of luxury. Both units offer fenced-in backyards, providing the perfect space for furry friends to roam freely. With endless possibilities at your fingertips, this property allows for creative living arrangements – from reducing mortgage expenses by living in one unit and renting out the other, creating an in-law suite, to maintaining existing renters. Located just minutes away from the best that St. Pete has to offer, you're within a stone's throw from downtown's waterfront, world-class restaurants, breweries, bars, the Vinoy Resort, Beach Drive, and shopping on Central Avenue. Walk to Crescent Lake, Fresh Market, Trader Joes, Publix, or take a short bike ride to Coffee Pot Park – everything you need is right at your fingertips. Don't miss out on this incredible opportunity, schedule your showing today!

Features

  • Units: 2
  • Laundry: In Garage
  • Year Built: 1954
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 1,586
  • Acreage: 0.13
  • Est. Taxes: $8,639
  • Lot Desc: Corner Lot
  • Elem. School: John M Sexton Elementary-PN
  • Middle School: Meadowlawn Middle-PN
  • High School: St. Petersburg High-PN
  • Appliances: Convection Oven, Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • MLS#: U8227101
  • Days on Market: 25 days
  • Website: https://www.raveis.com
    /prop/U8227101/49535thavenuen_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 6/1/2024 5:52:33 AM)
Listing courtesy of MAVREALTY   Phone: 727-314-3942

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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

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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495 35th AVENUE N, St. Petersburg, FL, 33704

$598,000

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 $478,400 $478,400 $478,400
Term 360 months 360 months 180 months
Initial Interest Rate** 7.375% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 8.011% 7.171% 6.538%
Monthly Tax Payment $720 $720 $720
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,304 $3,180 $4,102
Total Monthly Payment $4,116 $3,992 $4,914

* 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.