701 38th AVENUE N, St. Petersburg, FL, 33704 | $725,000

Discover a piece of history infused with modern elegance in this beautifully restored residence, originally built in 1925 as a quaint 2-bedroom, 1-bathroom home. In 1946, it was thoughtfully relocated from its original downtown address to a generous corner lot in the highly sought-after neighborhood of Allendale Terrace.

This remarkable property now boasts a total of 4 bedrooms and 3 bathrooms, featuring a main house with a well-designed split-bedroom layout. The main bedroom includes an ensuite with a linen closet, while both secondary bedrooms offer charming cedar closets, complemented by an additional cedar linen closet in the hall bathroom. For added versatility, a turn-key furnished 1-bedroom, 1-bathroom legal income or in-law apartment is included, complete with two separate entrances, its own electrical meter, and a distinct address, ensuring both privacy and independence.

Every aspect of this home has been meticulously redesigned, seamlessly blending the original charm and character of Old St. Pete with contemporary conveniences. Enjoy the warmth of built-in electric fireplaces and mantels in both the main house and the apartment. The interior is awash with natural light, highlighting stunning new flooring and modern window blinds while showcasing beautifully restored original plaster walls.

Significant refurbishments have preserved the home's character, featuring original hardware, windows, doors, and vintage glass doorknobs, alongside updated electrical wiring and panels. The property is equipped with new HVAC systems, including two mini-split units in the apartment and a powerful 3-ton unit for the main home, along with two new water heaters. The roof, installed just five years ago, adds to the home’s peace of mind. The exterior has been revitalized with fresh stucco, paint, and shutters, while the fenced outdoor space has been thoughtfully landscaped with new sod, sidewalks, and pavers providing ample parking.

The spacious open kitchen is a true highlight, showcasing solid wood, soft-close cabinets that reach up to the ceiling, illuminated glass uppers perfect for displaying cherished art pieces, and an exquisite porcelain backsplash paired with stylish granite countertops that provides additional seating. It comes fully equipped with stainless-steel appliances for a modern cooking experience. The cozy apartment kitchen mirrors this quality, featuring ceiling-height solid wood cabinets, granite countertops, and full-size stainless-steel appliances, including a dishwasher and island seating.

Located on a high and dry corner lot, this property sustained no damage during Hurricane Helene or Hurricane Milton, offering peace of mind in storm-prone seasons. Embrace the charm and character of a historic home while enjoying the conveniences of modern living in Allendale Terrace. With shopping and dining just blocks away, and vibrant downtown less than three miles from your doorstep—filled with diverse restaurants, shops, festivals, entertainment, art galleries, museums, and stunning beaches—this is a unique opportunity you won’t want to miss. Plus, Tampa International Airport, an award-winning facility, is only a 20-minute drive away, making this an ideal location for both relaxation and convenience.

Features

  • Rooms: 8
  • Bedrooms: 4
  • Baths: 3 full
  • Lot Size: 69 x 100
  • Laundry: Inside
  • Year Built: 1925
  • Garage: Alley Access, On Street, Parking Pad
  • Heating: Central, Electric, Other
  • Cooling: Central Air, Mini-Split Unit(s)
  • Approx Sq. Feet: 1,728
  • Acreage: 0.16
  • Lot Size: 69 x 100
  • Est. Taxes: $5,147
  • Lot Desc: Corner Lot, City Lot, Sidewalk
  • Appliances: Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • MLS#: TB8316318
  • Days on Market: 11 days
  • Website: https://www.raveis.com
    /prop/TB8316318/70138thavenuen_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 11/24/2024 3:07:06 AM)
Listing courtesy of REALTY ONE GROUP SUNSHINE   Phone: 727-293-5100

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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701 38th AVENUE N, St. Petersburg, FL, 33704

$725,000

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 $580,000 $580,000 $580,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.159% 6.498%
Monthly Tax Payment $429 $429 $429
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,859 $3,855 $4,973
Total Monthly Payment $4,380 $4,376 $5,494

* 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.