1650 14th STREET S, St. Petersburg, FL, 33705 | $625,000

This modern 3-bedroom, 2-bath single-family home, built in 2021, is a perfect blend of style and functionality. The main home features luxury vinyl plank (LVP) flooring, stone countertops, and stainless steel appliances throughout. It also includes a washer and dryer and has a dedicated garage, offering convenience and ample storage. The main home is currently rented for $2, 288 month, making it a solid income generator. Additionally, the property includes an Additional Dwelling Unit (ADU) in the rear, offering even more potential income. The ADU has 2 bedrooms and 1 bath, complete with stainless appliances, stone countertops, a washer and dryer, and a spacious outdoor balcony?perfect for relaxing or entertaining. The ADU is located on the second floor above its own garage and is currently rented for $1, 500 month. With a total gross rental income of $3, 788 month, this property provides an excellent investment opportunity. It also offers a prime option for owner occupancy?live in one unit while renting the other for additional income once the leases end. Conveniently located near top-rated schools such as Campbell Park Elementary, John Hopkins Middle, and Gibbs High School, along with shopping at Tyrone Square Mall and nearby grocery stores, the home also offers easy access to outdoor recreation at Boyd Hill Nature Preserve and Campbell Park. This property is an incredible opportunity for investors or future homeowners looking to generate income. Schedule your showing today!

Features

  • Units: 2
  • Lot Size: 90 x 150
  • Laundry: Inside, Laundry Room, Upper Level
  • Year Built: 2023
  • Garage: 2-car
  • Heating: Central, Electric, Heat Pump
  • Cooling: Central Air
  • Approx Sq. Feet: 2,189
  • Acreage: 0.31
  • Lot Size: 90 x 150
  • Est. Taxes: $2,407
  • MLS#: A4623555
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/A4623555/165014thstreets_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 NINE LINE REALTY LLC   Phone: 407-924-6353

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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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1650 14th STREET S, St. Petersburg, FL, 33705

$625,000

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 $500,000 $500,000 $500,000
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 $201 $201 $201
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,038 $3,038 $3,951
Total Monthly Payment $3,331 $3,331 $4,244

* 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.