735 17th STREET N, St. Petersburg, FL, 33713 | $75,500

One or more photo(s) has been virtually staged. Introducing a remarkable mixed-use property available for a NNN lease at 735 17th Street N. Available for IMMEDIATE move in! This versatile space offers an exceptional opportunity for investors and business owners alike. The building is currently being built out as a mixed use property comprised of three (3) separate units: (1) A 2, 000 SqFt first floor office space with waiting room and full bathroom, (2) A 460 Sqft first residential studio apartment, and (3) a 560 SqFt second floor studio loft with beautiful vaulted ceilings. Each of the three units will have their own private ingress and egress. For the business owner, utilize this amazing property to run your business, house some of your employees, or reside on the property yourself. For the investor, seize the opportunity to leverage this property for rental arbitrage, allowing for separate leasing of the residential units and office space. Whether seeking a strategic investment or a tailored space for business operations, this property presents numerous mixed-use options to suit a range of objectives. Don't miss the chance to explore the potential of this adaptable property. There are still lots of opportunities to build out this space to fit your investment and business needs. However, do not wait, because the build out is currently in progress and tenant autonomy for build out is still an option!

Features

  • Property Type: Mixed Use
  • Construction: Metal Frame, Wood Frame
  • Utilities: Electricity Available, Natural Gas Available, Public, Water Connected
  • Garage: 1 to 5 Spaces
  • Levels: 2
  • Heating: Central
  • Cooling: Central Air
  • Lot Size: 50 x 120
  • Year Built: 1941
  • Approx Sq. Feet: 3,020
  • Acreage: 0.14
  • Est. Taxes: $3,270
  • Appliances: Dishwasher, Microwave, Refrigerator, Washer
  • Lease Terms: 3 to 5 Years
  • MLS#: U8251419
  • Days on Market: 81 days
  • Website: https://www.raveis.com
    /prop/U8251419/73517thstreetn_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 11/5/2024 11:17:08 PM)
Listing courtesy of Compass Florida LLC   Phone: 727-339-7902

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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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860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

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735 17th STREET N, St. Petersburg, FL, 33713

$75,500

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 $60,400 $60,400 $60,400
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.563% 7.159% 6.276%
Monthly Tax Payment $273 $273 $273
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $402 $401 $509
Total Monthly Payment $749 $748 $856

* 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.