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DUPLEX ON HALF AN ACRE IN ST PETE! This beautiful lake view duplex is a must see. This parcel is the size of 3 lots and a rarity in St Pete. Where else can you find half an acre? The 2nd story duplex has wonderful west-facing sunset views of the Lake Maggiore; residents can enjoy a wonderful coastal breeze from the lake and Big Bayou just a few blocks away. The structure in the middle of the lot is comprised of a 1bd/1ba on the first floor with an enormous bedroom + walk-in closets and a 2nd story 2bd/1ba unit. Delight in charming details such arched doorways, antique cabinet hardware, original glass door knobs, and a fun Treehouse with a climbing wall. NEW UPDATES: Solid wood kitchen cabinetry, remodeled bathrooms, high-end ceiling fans + light fixtures, Noir Limestone Tile, Bamboo Engineered Hardwood Flooring, solid stone kitchen countertops, exterior paint, interior No-Voc paint, electrical system, plumbing, brand new Mini-Split in 1bd/1ba unit. This lovely property features Native Landscaping and a Rain Garden where Monarch butterflies are often sighted. Tri-Color Herons, Egret, Ducks, and Red-Tailed Hawks are frequent fliers on the property. PRIME LOCATION: Located a few blocks from Big Bayou Public Boat Ramp and right across the street from Dell Holmes Park, this property is within a 1-2 mile radius of USF - St Pete, Downtown St Pete, NEW $6B Historic Gasplant Development at the Tropicana Stadium, MLB Rays Baseball games, $500M Skyway Marina District Development, a block from NEW luxury apartments at Lake Maggiore Apartments, Lakewood Estate Golf Club, and much more!
METAL ROOF (2018). Electrical Panels (2018). Water Heaters (2018 and 2021). HVAC (2016) and MiniSplit (2024). Both units are accessible via separate private entrances with separate electrical meters. If you have plenty of vehicles/boats, this property could be ideal for you! A unique property for a smart investor, developer, or homeowner -- view 866 37th Ave S today.
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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 | $480,000 | $480,000 | $480,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 7.125% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.880% | 7.295% | 6.644% |
Monthly Tax Payment | $267 | $267 | $267 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,234 | $3,234 | $4,148 |
Total Monthly Payment | $3,593 | $3,593 | $4,507 |
* 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.