There is an additional $5, 000 seller concession to any buyer who closes by 12/31/2024, PLUS $0 down for any storm affected buyers when using sellers preferred lender. Seize this rare opportunity to own a brand-new SOLID BLOCK construction townhouse with NO HOA fees, a detached guest house, high ceilings, an oversized private garage, and income-producing options, all in a prime location. This luxurious residence features Hurricane-rated impact doors and windows, elegant finishes, and the security of a Builder’s Warranty in a NON-FLOOD zone, ensuring comfort and savings. This is also the LAST CORNER UNIT which offers more privacy - so act quickly! Located in the vibrant Grand Central District of St. Petersburg, FL, this two-level solid block townhome epitomizes modern living. The main house includes two ensuite bedrooms and two and a half bathrooms, balancing privacy and functionality. The first level showcases a contemporary European-style chef’s kitchen with stainless Samsung Bespoke appliances, quartz countertops, and ample storage. Ambient lighting and stylish fixtures flow seamlessly into the dining and living areas, perfect for entertaining. Natural light fills the open living space, which features a breakfast bar for casual dining. The home is also pre-wired and smart-ready for today’s technology needs. Upstairs, the primary bedroom includes a fully finished walk-in closet, a stylish feature wall, and a striking floor-to-ceiling tiled ensuite bathroom with spa-like accents. A second spacious bedroom with an ensuite bathroom and a full-size laundry room with ample storage complete the upstairs. Step into the low-maintenance xeriscape paver patio, surrounded by a new vinyl fence and wall, creating a serene retreat perfect for barbecues and gatherings. The oversized one-car detached garage offers secure parking, a 220V outlet for EV charging, and a durable epoxy floor. Alley access and extra street parking make coming and going easy. The highlight of the property is the accessory dwelling unit above the garage, offering the luxuries of a 5-star modern hotel room. Ideal for income-producing cash flow or use as a guest house, home office, exercise space, or private retreat. Just steps from your front door, explore Central Ave's eclectic mix of trendy bistros, bars, restaurants, and coffee shops in the Grand Central District. Enjoy nearby attractions like Rays games, St. Pete Beach, and Downtown St. Pete. HIGH & DRY, no flood insurance required.
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Our Executive Mortgage Banker:
Our Insurance Division:
$875,000
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 | $700,000 | $700,000 | $700,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.321% | 6.750% | 7.038% |
Monthly Tax Payment | $137 | $137 | $137 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,540 | $4,482 | $6,194 |
Total Monthly Payment | $4,769 | $4,711 | $6,423 |
* 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.