**No recent storm damage!** Have you ever wondered how you can have the best of both worlds? To live close to the beach and close to downtown? Look no further than this stunning home in the beloved Bahama Shores community. Welcome to 229 57th Ave S in St Petersburg Florida! This four-bedroom three-bath home is situated on over 16, 000 square feet of land with mature landscaping, pool and detached guest house. As soon as you step onto the property you will feel transported to your own little oasis. Inside you’ll find the perfect blend of modern amenities and Florida charm with a double-sided brick feature wall that includes a wood-burning fireplace. Two living spaces and a dining space make up the open floor plan. The kitchen is well-appointed and offers ceiling-height cabinetry and a gas cooktop. Your screened-in patio is the perfect space to relax to start or end your day. With this open-concept layout that easily spills out to the patio and pool, this home is the perfect place for your next backyard barbecue! This home has been meticulously cared for with updates in recent years including impact windows, sliders and hurricane shutters, plantation shutters on all the windows and crown molding. The main systems of the home are also updated like the HVAC system and duct work, roof, solar panels, and pool equipment. It also features a whole house water filtration! The primary bedroom is large and showcases a newly updated bath with a tiled, walk-in shower as well as a custom walk-in closet. Outside, the pool and paver patio is your private retreat with lush landscaping in a tranquil setting. The one-bedroom, 600-square-foot guest house is the perfect spot for your visitors and comes complete with a bath and kitchenette. It could even be used as an office or art studio. By upgrading to a fully equipped kitchen, you could easily rent this space as it has its own dedicated driveway and side entrance from the front of the house. With charming brick streets and gorgeous tree canopies, this beloved St Pete community has a rich history. The residents get to enjoy their own waterfront park and the neighborhood is most famously known for being featured in Ron Howard’s 1985 film “Cocoon. ” With a ten-minute drive to St Pete Beach and less than a ten-minute drive to 4th St and Downtown St Pete, you really can have it all! Start enjoying your Florida lifestyle today!
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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 | $695,920 | $695,920 | $695,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | $361 | $361 | $361 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,456 | $4,456 | $6,110 |
Total Monthly Payment | $4,909 | $4,909 | $6,563 |
* 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.