Newly constructed and stylish studio efficiency apartment available for rent starting January 1, 2025 in St. Petersburg. The cozy space comes equipped with a convenient kitchenette, offering the perfect blend of functionality and comfort. The bathroom showcases designer floor tiles and features a spacious walk-in glass shower for a touch of luxury. This rental comes complete with a shared washer and dryer, conveniently located at the top of the stairs and shared with the upstairs tenant. This thoughtful arrangement ensures easy access to laundry facilities without sacrificing space within the apartment. Tenant pays additional flat fee of $85 per month for utilities (electric, water, sewer & trash). Explore the nearby Crescent Lake Park, a serene 56-acre space adorned with Banyan Trees, or head to Coffee Pot Bayou to catch glimpses of dolphins and manatees—both just 2 miles away. In addition to its natural surroundings, the property is perfectly positioned, just 10 minutes from USF St. Petersburg Campus, Downtown St. Petersburg, Vinoy Park, Tropicana Field, St. Pete Pier, The Dali Museum, and The Pinellas Trail. Tampa International Airport and the Gulf Beaches are a short 20-minute drive away. Don't miss out on the opportunity to make this efficiently designed and contemporary studio apartment your new home in St. Petersburg.
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Our Executive Mortgage Banker:
Our Insurance Division:
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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 | $1,120 | $1,120 | $1,120 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $7 | $7 | $10 |
Total Monthly Payment | $82 | $82 | $85 |
* 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.