Under contract-accepting backup offers. THIS PROPERTY HAS SUSTAINED FLOOD DAMAGE FROM HURRICANE HELENE: Drywall and flooring have been removed. **Exterior photos are PREHURRICANE!**
PROPERTY SOLD AS-IS. CASH ONLY. WRITTEN OFFERS ONLY. The seller is motivated but cannot provide warranties on any aspects of the property.
Unique opportunity to create your dream home! This spacious 2, 300 square foot pool home is situated on a tranquil street in the Shore Acres neighborhood of St. Petersburg, occupying an oversized lot of approximately one-third of an acre. The residence, built with block construction, features four bedrooms, an office or sitting room (which could serve as a fifth bedroom), and two bathrooms. A split floor plan allows for privacy as well as work-from-home space. Each well sized bedroom offers ample closet space. The primary ensuite features two reach-in closets as well as a walk-in closet. The bedroom next to it would make a perfect nursery, office or dressing room. The open-concept kitchen and dining area seamlessly flow into the family room, which opens to the pavered lanai and pool area. The expansive backyard serves as the perfect oasis for entertaining, complete with a pool, large lawn, and designated dining and grilling spaces. The fence has a double wide opening for boat parking on the shelled side yard. Please note that the house was in the midst of remodeling when it was affected by Hurricane Helene. The roof was replaced in 2022.
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Our Executive Mortgage Banker:
Our Insurance Division:
$425,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $340,000 | $340,000 | $340,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.055% | 6.256% |
Monthly Tax Payment | $880 | $880 | $880 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,262 | $2,234 | $2,867 |
Total Monthly Payment | $3,217 | $3,189 | $3,822 |
* 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.