Under contract-accepting backup offers. Welcome to the historical Old Northeast "Driftwood Cottage" built circa 1928. This spectacular three-bedroom, three-bath English cottage was built by the famed American artist, Mark Dixon Dodd and the esteemed local architect, Archie Parish and is now available to the marketplace. The duo built 19 homes in the Driftwood neighborhood of St Petersburg, and this is the only known property that was built outside of the neighborhood. Lovingly restored with luxurious amenities, the historic integrity has been respected throughout the interior of the property. Lush tropical gardens that flank the property on both sides offer complete privacy from neighbors. Upon walking into the screened-in porch, one will be captivated by high beamed ceilings, Mediterranean tile flooring and the beautiful original front door to the home. Go through the front door and you are greeted by a home that can only be described as a work of art. Gleaming hardwood floors, two wood-burning fireplaces, original shiplap walls and additional exposed beams are just a few of the timeless features. The kitchen highlights a stunning decor with new Café appliances, quartz and marble countertops, a large wine cooler and abundant cabinet space. Step from the kitchen into the morning room that can be utilized as an office, extra dining area or reading room – let your imagination inspire you! The informal family room opens off the kitchen where family or guests can enjoy TV and a roaring fire during the winter months. As one gazes onto the bank of French doors that open to Trex decking, a magical garden awaits. Enveloping the E side of the home, it's delightful to retreat for intimate gatherings and enjoying the outdoor fireplace. A tiny house can be found here as well and can be used as a perfect office, art studio, or playhouse. The primary bedroom suite is located on the first floor, unusual for a historical home. An antique church door graces the portal to an exquisite retreat. The completely remodeled en-suite features an incredibly large Carrera marble walk-in shower with dual shower heads. A double vanity and antique chandeliers complete the space and flow into a spacious walk-in closet. Guests or family will love the upstairs that features two bedrooms, a full bath, and a balcony. When venturing through the French doors on the W side of the first floor, discover a pergola-covered lanai where you are protected from the elements and can enjoy dining with a convenient dry bar area. Dine al fresco year-round while enjoying the sounds of the brass fish fountains that accent the saline pool. Lush landscaping mixed with low-maintenance artificial turf on the oversized lot offers beautiful foliage. It's like living in paradise! The attached oversized two-car garage has alley access, new epoxy flooring and an abundance of storage rarely found in a historical property. A parking pad in the rear of the property can accommodate two vehicles. Other pluses are a new roof, new A/C, generator and so much more. The home is just a block and 1/2 from Coffee Pot Bayou, and close to area shopping, restaurants, and booming downtown St Petersburg. You will love to call this home!
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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 | $1,480,000 | $1,480,000 | $1,480,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.406% | 6.762% | 6.830% |
Monthly Tax Payment | $518 | $518 | $518 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,599 | $9,477 | $12,994 |
Total Monthly Payment | $10,242 | $10,120 | $13,637 |
* 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.