455 13th AVENUE NE, St. Petersburg, FL, 33701 | $1,625,000

Income producing Property Located in the highly desirable Old Northeast, this imposing historic property offers a rare opportunity to own a residence that exudes timeless elegance while providing substantial income potential. The main residence, a stately single-family home, features three spacious bedrooms, a bright Florida room, and two full baths, all enriched with period details. The impressive wraparound front porch, adorned with grand Craftsman columns, sets a distinguished tone upon arrival, capturing the essence of the home’s legacy. Upon entering, you will be transported to an era of refined craftsmanship. Gleaming heart pine hardwood floors extend throughout the home, while the dining room is crowned with beamed ceilings and accented by custom shelving that speaks to the home’s storied past. A sweeping open staircase gracefully connects the living spaces, and large windows flood each room with natural light, creating a bright and airy atmosphere. The kitchen combines historic charm with modern conveniences, featuring granite countertops, tall cabinets, a gas cooktop, a built-in oven with a warming drawer, recessed lighting, and a pantry—a space that is both functional and stylish. The appeal of this property extends beyond the main residence, offering significant income-generating potential. The two additional units include a charming one-bedroom, one-bathroom apartment on the first floor, with a newly constructed Florida room with impact windows and a private entrance, and a spacious second-floor studio with a sunny porch. These units offer exceptional opportunities to generate rental income, serve as guest accommodations, or even function as a private home office. Additionally, the property includes a two-car garage that could easily be converted into another accessory dwelling unit (ADU), further increasing the income potential. Both units benefit from ample off-street parking and garage space, ensuring convenience for residents and guests alike. Situated on a desirable corner lot, the property features a serene private yard surrounded by mature trees, creating a peaceful retreat in the heart of the city. The location is unmatched – just a leisurely stroll to the picturesque waterfront or a short bike ride to downtown St. Petersburg, home to high-end restaurants, vibrant shopping, world-class museums, and the iconic St. Pete Pier. With the North Shore Aquatic Center nearby and easy access to I-275, Tampa International Airport is just a 25-minute drive away, and the pristine beaches of Florida’s west coast are equally close. This magnificent home perfectly blends historic grandeur with modern amenities and income-producing versatility, making it a true gem in one of St. Petersburg’s most desirable neighborhoods.

Features

  • Units: 3
  • Lot Size: 60 x 110
  • Laundry: Inside, Laundry Room
  • Year Built: 1920
  • Garage: 2-car Driveway, Guest, On Street, Open
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 2,906
  • Acreage: 0.15
  • Lot Size: 60 x 110
  • Est. Taxes: $11,217
  • Lot Desc: Corner Lot, Historic District, City Lot, Landscaped, Near Marina, Near Public Transit, Sidewalk
  • Appliances: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
  • MLS#: TB8321529
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/TB8321529/45513thavenuene_stpetersburg_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 11/16/2024 3:38:48 AM)
Listing courtesy of LUXURY & BEACH REALTY INC   Phone: 727-800-5906

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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455 13th AVENUE NE, St. Petersburg, FL, 33701

$1,625,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $1,300,000 $1,300,000 $1,300,000
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 7.333% 6.876% 6.936%
Monthly Tax Payment $935 $935 $935
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $8,432 $8,432 $11,504
Total Monthly Payment $9,492 $9,492 $12,564

* 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.