345 Red Cedar COURT NE, St. Petersburg, FL, 33703 | $724,500

Under contract-accepting backup offers. Just dropped $50k below the asking price and $43k under Zillow's Value!! Instant Equity! Welcome to the Placido Bayou Preserve Townhome Nestled at the end of a quiet cul-de-sac, the Placido Bayou Preserve Townhome offers a serene escape with the beauty of the Preserve as your backyard. This exquisite end-unit oasis provides 24-hour guard gate access, ensuring the utmost privacy and security for its residents. Featuring 3 bedrooms and 2. 5 baths, this townhome has been thoughtfully upgraded throughout. The open-concept layout is adorned with Arctic Ice pale grey wood flooring and Cashmere light grey walls, creating an inviting space perfect for entertaining. Soaring two-story ceilings, large windows, and French doors flood the home with natural light, enhancing the sophisticated ambiance. The bathrooms are true showstoppers, featuring an elegant half bath with black marble flooring and a spa-like master bath. Indulge in luxury with deep turquoise glass sinks, sparkling thick white marble countertops, and a large walk-in shower with glass tile and river rock flooring. The living room, with its cozy electric fireplace set in white rock with a white wood mantle, is ideal for holiday decorations and creating a warm, inviting atmosphere. The laundry room is equipped with new, oversized front-loading GE washer and dryer for added convenience. The master bedroom is a true retreat, boasting vaulted ceilings, large windows, and French doors opening to a private screened porch. This tranquil space is perfect for enjoying your morning coffee while watching the birds and butterflies of the Preserve. Additionally, the townhome offers a charming bedroom with floor-to-ceiling arch windows and a versatile third bedroom that can double as a lovely office. Both rooms provide views of large leafy trees, helping to keep the house cooler. Modern comforts include a new A/C unit (2022), a hot water heater (2023), and a freshly epoxied two-car garage floor (2024). Energy-efficient LED lighting illuminates the home, highlighting the elegance of the all-new designer kitchen (2023). This culinary masterpiece is equipped with a $15k Whirlpool stainless steel appliance package, white soft-close cabinets, and stunning black and white granite countertops with a breakfast bar. Ideally located, this townhome offers proximity to the world-renowned beaches of St. Pete and the vibrant downtown offerings. Minutes from lively downtown St. Petersburg, you can enjoy the famous Pier, exceptional restaurants, entertainment, museums, concert venues, and professional sports including Rays Baseball. Only 20 minutes to Florida's best beaches. Residents of Placido Bayou Preserve enjoy exclusive access to the community pool and hot tub, just a short walk away, as well as miles of sidewalks and ponds for leisurely strolls. This beautifully updated townhome is a rare find in one of the few guard-gated communities in Pinellas County and is not to be missed. Don't wait, schedule your appointment to view this home today! Experience the perfect blend of modern luxury and serene living—welcome home.

Features

  • Amenities: Gated, Pool
  • Rooms: 7
  • Bedrooms: 3
  • Baths: 2 full / 1 half
  • Laundry: Inside, Laundry Room, Upper Level
  • Year Built: 1993
  • Garage: 2-car Driveway, Garage Door Opener
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 1,645
  • Acreage: 0.09
  • Est. Taxes: $7,491
  • HOA Fee: $588 Monthly
  • Lot Desc: Conservation Area, Cul-De-Sac, Flood Insurance Required, FloodZone, City Lot, Sidewalk
  • View: Trees/Woods
  • Elem. School: North Shore Elementary-PN
  • Middle School: Meadowlawn Middle-PN
  • High School: Northeast High-PN
  • Pet Policy: Yes
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • MLS#: U8249147
  • Days on Market: 37 days
  • Website: https://www.raveis.com
    /prop/U8249147/345redcedarcourtne_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 10/5/2024 2:35:20 AM)
Listing courtesy of COMPASS FLORIDA LLC   Phone: 727-339-7902

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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345 Red Cedar COURT NE, St. Petersburg, FL, 33703

$724,500

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 $579,600 $579,600 $579,600
Term 360 months 360 months 180 months
Initial Interest Rate** 6.500% 6.490% 5.490%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.490% 6.654% 5.752%
Monthly Tax Payment $624 $624 $624
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,663 $3,660 $4,733
Total Monthly Payment $4,379 $4,376 $5,449

* 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.