2835 Valencia WAY S, St. Petersburg, FL, 33705 | $569,000

One or more photo(s) has been virtually staged. Welcome to this beautiful coastal-inspired home near Lake Maggiore, Boyd Hill Nature Preserve, and five minutes from downtown St. Pete. This home has a well-appointed main house along with an additional garage apartment tucked away behind it. The main home has four bedrooms, two bathrooms, and 1, 859 square feet. The 400-square-foot detached ADU/garage apartment features a studio space, a full bathroom, and a full kitchen. Pulling up to the front of the home you will notice the Florida coastal vibe with the brick walkway to the front entry, the large covered front patio and carport, and the mature Florida landscaping out front. Stepping into the home you are greeted with a vast open living, dining, and kitchen space. The entryway and the dining room also feature an original cove ceiling adding some period charm to the home. This home has abundant natural light throughout the main living space. The kitchen has been updated completely with white cabinets, granite countertops, stainless steel appliances, and an under-mount sink. There are two bedrooms along with a hall bathroom at the front of the home. Stepping back to the rear of the home there is an additional oversized family room, two additional bedrooms, another full bathroom, and an indoor laundry closet, featuring a newer Samsung front-loading washer and dryer set. Both bathrooms have been updated and include newer flooring tile and vanities. All the main living space in the home has newer laminate flooring and the bedrooms all have brand new carpet. Tucked away behind the home is the detached two-car garage on the first floor and the ADU/garage apartment above on the second floor. The rear ADU has its own entry and fenced-off portion of the yard. Walking into the ADU you will notice the great open space with a full kitchen that includes wood cabinets, granite countertops, and stainless-steel appliances. The bathroom also features a stacked full-size washer and dryer set. The ADU is metered separately for both electric and water utilities. This is a rare bonus, providing the option to rent out the ADU completely separate, with tenants paying all their own utilities. There are two garage bays on the first floor that are subdivided down the middle. You could provide additional storage to a potential tenant (one bay is in use by the current tenant) or use both for personal use. The ADU also has its own newer mini-split A/C system that allows for optimal efficiency along with being ultra-quiet. Additional updates are as follows: main house 200amp Square D electrical panel (2019), roofs on both structures (2020), and new ductwork and insulation added (2020), both structures were tented for termites in June of 2022. The seller just did a 5-year termite bond/warranty that is transferrable at closing. Out back you will find a fully fenced-in yard with a great firepit and area to unwind. The garage and garage apartment are also tucked away behind a 6ft fence on the south side of the home. Come check out this amazing home that has additional income potential to help offset your monthly payments. This home is a 5-minute drive to downtown St. Pete and all the city has to offer.

Features

  • Bedrooms: 4
  • Units: 2
  • Lot Size: 87 x 118
  • Laundry: Inside, Laundry Closet
  • Year Built: 1946
  • Garage: 2-car Driveway
  • Heating: Central, Electric
  • Cooling: Central Air, Mini-Split Unit(s)
  • Approx Sq. Feet: 2,259
  • Acreage: 0.22
  • Lot Size: 87 x 118
  • Est. Taxes: $7,501
  • Lot Desc: Flood Insurance Required, FloodZone, City Lot, In County, Irregular Lot, Near Public Transit, Oversized Lot, Sidewalk
  • Pet Policy: Yes
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • MLS#: U8250684
  • Days on Market: 48 days
  • Website: https://www.raveis.com
    /prop/U8250684/2835valenciaways_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 9/19/2024 4:47:10 PM)
Listing courtesy of CORCORAN DWELLINGS   Phone: 727-888-4663

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NMLS Mortgage Loan Originator ID 16953

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Melissa.Cohn@raveis.com

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2835 Valencia WAY S, St. Petersburg, FL, 33705

$569,000

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $455,200 $455,200 $455,200
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.125% 4.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.483% 6.273% 5.268%
Monthly Tax Payment $625 $625 $625
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,766 $2,766 $3,597
Total Monthly Payment $3,483 $3,483 $4,314

* 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.