2534 5th AVENUE S, St. Petersburg, FL, 33712 | $1,286,000

Pre-Construction. To be built. The purchase price of $1, 286, 000 includes an allowance of $400, 000 for completing the build-out.

This is a unique opportunity to own a shell—essentially a blank canvas—for you to unleash your architectural creativity. Our concept involves guiding you through the entire development process, including architectural design, engineering, permitting, and construction.

The property features a new 4, 286-square-foot, two-story shell constructed using Structural Insulated Panel Systems (SIPS). From build-out to Certificate of Occupancy (C. O. ), you will have the opportunity to work alongside our contractors, architects, engineers, and custom builders to complete your unique warehouse art studio, located in the trendy St. Pete's Warehouse Art District.

**What are SIPS?**

Structural Insulated Panel Systems (SIPS) were first used in 1922 by architect Frank Lloyd Wright. Initially made of wood, SIPS have evolved into a green building material. Today, steel SIPS panels are used, offering durability and efficiency. They are resistant to fire, termites, water damage, and wind, and are 100% energy efficient. Benefit from an Information Technology zoning, providing flexibility for live/work arrangements, creative studios, or tech-focused ventures. With downtown St. Petersburg just minutes away, relish easy access to cultural venues, dining gems, and waterfront attractions. This canvas awaits your architectural dreams—whether completing the build yourself or partnering with our recommended builders. Seize this rare chance to own a piece of St. Petersburg's vibrant arts and culture scene while shaping a space that reflects your distinct style. Embrace the opportunity to secure your future in one of Florida's most coveted neighborhoods. Contact us today to explore this unparalleled offering in the Warehouse Arts District.

Features

  • Property Type: Warehouse
  • Construction: SIP (Structurally Insulated Panel)
  • Levels: 2
  • Cooling: None
  • Lot Size: 45 x 127
  • Year Built: 2024
  • Acreage: 0.13
  • Est. Taxes: $3,814
  • MLS#: U8251303
  • Days on Market: 9 days
  • Website: https://www.raveis.com
    /prop/U8251303/25345thavenues_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 9/20/2024 10:47:10 PM)
Listing courtesy of FUTURE HOME REALTY INC   Phone: 813-855-4982

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
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  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

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
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

2534 5th AVENUE S, St. Petersburg, FL, 33712

$1,286,000

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,028,800 $1,028,800 $1,028,800
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.125% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.443% 6.258% 6.201%
Monthly Tax Payment $318 $318 $318
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $6,251 $6,251 $8,682
Total Monthly Payment $6,694 $6,694 $9,125

* 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.