Seize the opportunity to own a meticulously crafted Tiger Construction home in the sought-after Palmetto Park neighborhood of downtown St. Petersburg. This exceptional property includes a hurricane-rated main residence with a separate 1/1 ADU (Accessory Dwelling Unit) and a spacious 3-car garage. Constructed with durability in mind, this home features all-block construction, hurricane windows and doors, and open cell foam R-21 insulation. Notably, it is situated outside of flood zones, ensuring added peace of mind. The property also benefits from a shallow water well for landscaping and a low annual insurance premium and low monthly electricity costs. The property is nestled on a charming brick street with granite curbing, enhancing its aesthetic appeal. Inside the main home, you'll find natural light flooding through the glass front entry door, highlighting custom trim work and 10-foot ceilings throughout. The grand 14-foot ceiling in the main living area emphasizes the kitchen, which is equipped with high-end shaker cabinets, Quartzite countertops, a butler’s pantry, and a stainless steel appliance package with gas cooking. Unique artisan epoxy floors add to the home’s distinct character. Located in the vibrant heart of St. Petersburg, you’ll be just steps away from the dynamic Grand Central and Artsy Industrial Dome districts. Enjoy local art, boutique shops, diverse restaurants, and popular spots like 3 Daughters Brewing and The Dog Bar. Experience quality, style, and convenience with this exceptional Tiger Construction home. Additional features include a water softener and Tesla charger. Contact us today to schedule your viewing!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,050,000
William Raveis Real Estate
Phone: 888.699.8876
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 | $840,000 | $840,000 | $840,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.250% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.409% | 6.360% | 6.201% |
Monthly Tax Payment | $997 | $997 | $997 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,172 | $5,172 | $7,088 |
Total Monthly Payment | $6,294 | $6,294 | $8,210 |
* 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.