5535 Bayou Grande BOULEVARD NE, St. Petersburg, FL, 33703 | $995,000

This home withstood both Hurricane Helene and Hurricane Milton with very minimal damage to the storage room on first floor. The main living floor of the home was undamaged in either storm…. one more benefit of being built up above most of their neighbors in Shore Acres. What an amazing opportunity to make that dream of waterfront living a reality! This prime Shore Acres location provides a perfect launch for boating enthusiasts with 85 feet of waterfront footage on a wide canal that gives you direct access to Tampa Bay.
The uniqueness of this property is what makes it so special. The home is wisely built 12 feet above base flood elevation, giving you endless views and eliminating the worry of flooding. You’ll love waking up to sunrises to the East and sunsets that will drench your home with that magic hour glow. Two bedrooms and two full baths give you everything you may be looking for in a lower maintenance property with all the amenities that come with large waterfront living. The sunny and inviting pool is the ideal backdrop for friends and family to gather on one of Shore Acres best lots. The situation on the canal provides added distance from your neighbors and an increased level of privacy. Open living spaces indoors make the efficient square footage feel even larger than it is. You’ll be charmed by the warmth of the home and the ease of lifestyle that comes with it. Warm knotty hardwood floors throughout, and stunning paneled ceilings contribute to the ambiance within. The newer renovated kitchen features solid wood cabinetry, upgraded stainless appliances, a gorgeous tile backsplash and stunning granite counters. The first level of the home includes a recently remodeled office or utility room with great storage space.
Solar panels on the newer roof make monthly bills a breeze. Pull up to your home, put your toes in the water, and get ready to fall in love.

Features

  • Rooms: 3
  • Bedrooms: 2
  • Baths: 2 full
  • Lot Size: 68 x 150
  • Laundry: In Kitchen, Inside
  • Style: Cottage
  • Year Built: 1985
  • Garage: Under Building
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 1,452
  • Acreage: 0.22
  • Lot Size: 68 x 150
  • Est. Taxes: $14,916
  • Lot Desc: Flood Insurance Required, FloodZone, City Lot, Landscaped, Level
  • Elem. School: Shore Acres Elementary-PN
  • Middle School: Meadowlawn Middle-PN
  • High School: Northeast High-PN
  • Pool: In Ground, Pool Sweep, Salt Water
  • Pet Policy: Yes
  • Appliances: Built-In Oven, Cooktop, Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Refrigerator, Washer
  • MLS#: TB8301954
  • Days on Market: 49 days
  • Website: https://www.raveis.com
    /eprop/TB8301954/5535bayougrandeboulevardne_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 11/15/2024 10:32:07 PM)
Listing courtesy of SMITH & ASSOCIATES REAL ESTATE   Phone: 813-839-3800

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NMLS Mortgage Loan Originator ID 16953

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5535 Bayou Grande BOULEVARD NE, St. Petersburg, FL, 33703

$995,000

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 $796,000 $796,000 $796,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.750% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.333% 6.876% 6.936%
Monthly Tax Payment $1,243 $1,243 $1,243
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $5,163 $5,163 $7,044
Total Monthly Payment $6,498 $6,498 $8,379

* 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.