Under contract-accepting backup offers. Discover COASTAL CHIC living at its best with this ELEGANTLY RENOVATED and FULLY-FURNISHED multi-family residence nestled in the heart of St. Pete Beach. This exceptional property comprises two 2-bedroom, one-bath units and two 1-bedroom, 1-bath units. Each unit is equipped with its own washer/dryer, and showcases bespoke kitchens with stunning blue shaker cabinets, modern quartz countertops, and high-end stainless steel appliances. The bathrooms are a masterpiece of luxury, featuring custom tile work, glass shower enclosures, and premium fixtures for a spa-like experience. Positioned on a spacious CORNER LOT, this property offers breathtaking views just a stone's throw away from the powdery sands of the beach. Situated a short walk from St. Pete Beach, residents enjoy easy access to the beachfront lifestyle and local amenities. Whether you seek a relaxing beach day or a day of exploring shops and dining, this location provides endless opportunities for leisure and enjoyment. This fully equipped multi-family property is ideal for investors or those seeking a stylish residence with rental potential. Boasting superior features and a prime location, this property is not to be missed. From this perfectly located, corner lot with 6 off-street, private-parking spots, you are a brief 150 yards from award-winning St. Pete Beach, TripAdvisor’s #1 beach in the U. S. A. , a short distance to historic Corey Avenue where you can shop, dine & unwind at the many local bars, restaurants & shops that make up the heart of St. Pete Beach.
Recent upgrades include:
*New hurricane impact windows for enhanced safety
*New HVAC system for optimal comfort in every unit.
*Beautifully landscaped, with a lush backyard featuring low-maintenance turf perfect for gatherings and leisurely moments.
*Freshly laid sod with reclaimed water irrigation out front and low- maintenance artificial turf & stone xeriscape that make up the resort-style living area around back. Separate storage building to securely house your kayaks, beach chairs, bikes & other outdoor equipment.
*New shell landscaping, native plants and beautiful palms creating a picturesque haven to soak in the Florida sun.
*Newly renovated brand-new kitchen & stainless-steel appliances, bathroom with walk-in, frameless glass shower, ceiling fans & mini-split AC units, sizable bedroom closets, a combined washer & dryer and luxury vinyl plank flooring throughout.
*New oversized, impact-rated entry doors providing ample natural light.
*2nd level, west facing unit allows for views of the Gulf of Mexico & St. Pete Beach’s world-famous sunsets from both bedrooms.
*No shortcuts in the renovation process as it was gutted down to the block walls & floor joists; Updated with modern finishes.
*New insulation from floor to ceiling, new electrical wiring & new plumbing placed from building to street.
*New roof install
All these upgrades make this property a FULLY RENOVATED PROPERTY with all the designer furnishings included!
This investment is optimal for a group vacation spot, individual 30-day rentals or someone who wants to use it as a multi-generational compound to enjoy with their family. SCHEDULE YOUR VIEWING TODAY!
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$1,999,000
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 | $1,599,200 | $1,599,200 | $1,599,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.750% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.321% | 6.826% | 6.936% |
Monthly Tax Payment | $2,088 | $2,088 | $2,088 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $10,372 | $10,372 | $14,151 |
Total Monthly Payment | $12,585 | $12,585 | $16,364 |
* 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.