2909 27th AVENUE N, St. Petersburg, FL, 33713 | $415,000

Unlock a unique real estate opportunity with this charming duplex, perfectly situated just three blocks from the renowned Mazzaro's Italian Market. This property offers the ideal blend of comfortable living and income potential, making it a standout choice for both investors and homebuyers seeking a smart property hack.

The duplex features two units, with one currently vacant and ready for immediate occupancy. The other unit boasts a reliable tenant paying $1, 300/ month, with market rents reaching closer to $1, 500. This setup offers an excellent chance to start generating rental income right away while enjoying the benefits of living in one side of the property.

The home is built with sturdy block construction and recently upgraded with a brand new 2024 roof. The oversized backyard provides ample space for outdoor activities and relaxation, while the property is situated in a non-flood zone, adding to its appeal.

Conveniently located near the entrance to Interstate 275, this home offers easy access to downtown, the beach, and even Tampa, making it a prime spot for those who value both tranquility and accessibility.

With its blend of attractive features, income-generating potential, and an entry-level price point, this duplex is truly a perfect fit for anyone looking to enjoy a beautiful home while benefiting from additional rental income. Don’t miss out on this rare opportunity to secure a property that offers both personal and financial rewards.

Features

  • Units: 2
  • Lot Size: 100 x 136
  • Laundry: Inside, Laundry Closet
  • Year Built: 1950
  • Heating: Wall Units / Window Unit
  • Cooling: Wall/Window Unit(s)
  • Approx Sq. Feet: 1,056
  • Acreage: 0.31
  • Lot Size: 100 x 136
  • Est. Taxes: $5,362
  • MLS#: TB8303229
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/TB8303229/290927thavenuen_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 7:32:31 PM)
Listing courtesy of BHHS FLORIDA PROPERTIES GROUP   Phone: 727-828-8615

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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

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  • Is available to meet with you in our office, your home or office, evenings or weekends
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2909 27th AVENUE N, St. Petersburg, FL, 33713

$415,000

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 $332,000 $332,000 $332,000
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 $447 $447 $447
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,017 $2,017 $2,624
Total Monthly Payment $2,539 $2,539 $3,146

* 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.