Pre-Construction. To be built. INCREDIBLE SITE AND PLAN APPROVED, ground up construction, multi family opportunity. Located in one of the HOTTEST rent districts in the Tampa/St Pete area, as well as being a top ranked location in Forbes magazine. Walking distance to all the best restaurants, the pier, bars, local art galleries, and all the bay area has to offer! This desirable location is called the Edge District of downtown St Pete. Don't forget you are also just miles away from the TOP TWO out of three ranked beaches in the country. Architectural plans and construction bids available upon request. 33 New Construction Rental Apartments with high rent yields. Seller is looking to sell interest in land for 2.8 million. Construction bids are approximately 6.66 million.
Contact Claire for additional info.
1750 Second AVENUE N, St. Petersburg, FL, 33713
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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