Discover the perfect blend of comfort, convenience, and savings with this beautifully updated 2-bedroom, 2-bathroom home with a bonus ADU (Accessory Dwelling Unit) room. The ADU includes a kitchenette with a refrigerator and has a separate entrance, making it ready for rental or guest use. Situated in a highly desirable St. Petersburg neighborhood, this solar-powered home helps you reduce your monthly electric bill while providing modern amenities and stylish upgrades.
Key Features:
• Solar Power Savings: Equipped with a 2022 solar system, allowing you to save significantly on energy costs over time.
• Beautiful Updates: Enjoy tile flooring, stainless steel appliances, and fresh interior and exterior paint (2023).
• Outdoor Oasis: The spacious backyard, perfect for entertaining or relaxing, includes a 65-foot-deep water well for ample yard irrigation, a large storage area, and an air-conditioned dog house.
• Ideal Location: Minutes from Pinellas beaches, the Salvador Dalí Museum, St. Pete Pier, and downtown St. Petersburg, with countless dining, shopping, and entertainment options nearby. Located in a non-flood zone for added peace of mind.
Recent Upgrades:
new A/C unit (2020), solar system (2022), roof (2022), interior and exterior paint (2023), fireplace/stone refacing (2023), dishwasher (2023), both refrigerators (2024), Water heather (2023) Arlo camera/doorbell, 3 security cameras, and a lawn sprinkler system.
Don’t miss this rare opportunity to own a move-in-ready home with potential income generation! We can also connect you with our preferred lender to help you qualify for financing. All measurements are approximate; buyer and agent should verify.
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Our Executive Mortgage Banker:
Our Insurance Division:
$589,900
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 | $471,920 | $471,920 | $471,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | $238 | $238 | $238 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,219 | $3,137 | $3,980 |
Total Monthly Payment | $3,549 | $3,467 | $4,310 |
* 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.