Extraordinary opportunity to ** RENOVATE or BUILD YOUR DREAM HOME ** on one of the most sought-after streets in all of Snell Isle. Catalan Boulevard NE is the epitome of LOVELY, and is coveted for its privacy, beautiful tree-lined sidewalks and peaceful, friendly ambiance. Homes on this street do not come to market often. This property presents unique opportunities either for a “blank canvas” renovation of the existing 2, 362 sq. ft. elegant Mediterranean-inspired structure, or for offering a truly gorgeous setting to create a spectacular new custom-designed residence. The home was impacted by flooding from Hurricane Helene and is being OFFERED AS-IS at LAND VALUE, with a generous lot size of 61’ x 129’ (8, 369 sq. ft. ). The home has been flood-cut and all wood/tile flooring and bathroom fixtures/tile have been removed. The home has been inspected post-hurricanes and could be suitable for renovations. The home had not flooded prior. Features include a home filled with bright natural light, a split plan with (4) generously-sized bedrooms and (3) full bathrooms, gorgeous entry courtyard, 2-car garage, spacious and separate living and family rooms, tile roof, wood-burning fireplace, newer A/C, and gorgeous and private fenced backyard with spacious composite deck. Snell Isle is known for its historic and stately homes and its unparalleled walkability to so many interesting St. Petersburg offerings. This property provides a remarkable lifestyle opportunity and is a quick stroll to the Vinoy Golf Club and Pool, the Snell Isle Marina, the St. Petersburg Women’s Club and sparkling Coffee Pot Bayou. Run, bike, or golf-cart along the breathtaking waterfront and enjoy the sunrise while watching manatees and dolphins play, while on the way to vibrant downtown St. Petersburg. Amazing restaurants, shopping, museums, theaters, the St. Pete Pier, St. Petersburg Yacht Club, Albert Whitted Airport, and outdoor festivals and events galore are just a few minutes away. And just a 25 minute drive to Tampa International Airport and to our world-famous beaches, this location can't be beat. This property is a GEM just in need of re-polishing, or it could be the start of something new and your chance to create a dazzling new residence.
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Our Executive Mortgage Banker:
Our Insurance Division:
$925,000
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 | $740,000 | $740,000 | $740,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | $477 | $477 | $477 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,738 | $4,738 | $6,497 |
Total Monthly Payment | $5,307 | $5,307 | $7,066 |
* 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.