This charming and stylish bungalow in the coveted community of Washington Heights in the heart of St. Pete is waiting for you. With a welcoming front porch with plenty of seating, you are greeted with an open concept living space where the dining, living and kitchen flow seamlessly together. A vibrant walking neighborhood in close proximity to downtown, with Central Avenue restaurants and shops and the 4th Street shopping corridor and just a few blocks from Crescent Lake. This 3 bedroom, 2 bath home is truly in a location to envy! Walk to Fresh Market, Trader Joes, Pineapple Espresso, Left Bank Bistro and SO many other gems that this area of St Pete has to offer. Ideal home for part-time winter living or a great rental, or an ideal city home for someone waiting to live in this premier neighborhood. . and best of all - a non flood zone so no flood insurance required. If you are looking for an affordable St. Petersburg property where some of your mortgage payment is subsidized by rental units, then you should check out this beauty. This property caters to both family living and investors. Family living: You can live in this quaint 2 bedroom/1 bath glowing in natural lighting with a cozy wood burning fireplace and a bonus sunroom, which can easily be used as another bedroom or an office. All while earning extra income from renting the detached garage apartment. The 750 sq. ft. apartment is a 1 bedroom/1 bathroom with a separate washer and dryer, walk in closet and additional storage room. Investors: You have the opportunity to rent a house and 1-2 rental apartments or 2 full houses for income purposes.
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Our Executive Mortgage Banker:
Our Insurance Division:
$679,900
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 | $543,920 | $543,920 | $543,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.582% | 7.159% | 6.518% |
Monthly Tax Payment | $516 | $516 | $516 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,710 | $3,615 | $4,664 |
Total Monthly Payment | $4,318 | $4,223 | $5,272 |
* 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.