NEWLY BUILT HOME (2021) WITH INCOME PRODUCING OPPORTUNITY!!! Welcome to this immaculate 4-bedroom home offering both luxurious modern living and incredible investment potential with a high-end detached studio apartment located on the property. The stunning two-story main house boasts top notch finishes and sophisticated design features, soaring high ceilings and lots of natural light filling the open-concept floor plan. Custom fixtures and recessed lighting highlight the contemporary aesthetic and complement the seamless flow between the living spaces. The kitchen boasts an oversized island that doubles as a breakfast bar featuring gorgeous quartz countertops, sleek stainless steel appliances including heat induction range and an abundance of soft-close shaker cabinets. The expansive office is a perfect space to work from home and could also be utilized as a gym, playroom, or guest bedroom to suit your needs. Step upstairs to two additional bedrooms and the spacious master suite with spa-like en-suite bathroom, dual sinks, glass-enclosed walk-in shower, and huge walk-in closet. Every detail has been carefully curated to achieve top-tier luxury and comfort. The fully equipped detached studio apartment offers an incredible opportunity for generating rental income. It comes with its own private entrance, full suite of appliances including washer/dryer and dedicated parking. The studio's modern design mirrors the main house for a cohesive and stylish look with the same high-end finishes. The property is outfitted with tons of upgrades like new impact rated windows for safety and energy efficiency, a brand new Generac whole-house generator keeping you well prepared for Florida’s weather, Ring security alarm system with a full suite of cameras, interior climate controlled laundry room, irrigation system, lots of additional storage areas and room for your vehicles in the 2-car garage. With a generous yard complemented by front and back patios there’s plenty of space for outdoor entertaining or letting the dogs roam. Nestled in the heart of St. Petersburg and close to a variety of shops, dining, and entertainment venues. Whether you’re looking for a dream home or an investment opportunity, this property offers the best of both worlds. Don’t miss your chance to own this modern masterpiece. Schedule your private tour today and experience the very best in contemporary living!
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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 | $719,920 | $719,920 | $719,920 |
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 | $1,127 | $1,127 | $1,127 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,669 | $4,669 | $6,371 |
Total Monthly Payment | $5,888 | $5,888 | $7,590 |
* 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.