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Experience the pinnacle of Florida lifestyle in this one-of-a -kind 4-bedroom, 2-bath sanctuary nestled in Saint Petersburg, Florida just minutes from the Florida’s most coveted sandy beaches. With a commitment to eco-friendly luxury, the owners spared no expense in transforming this property into their family's dream, seamlessly blending comfort and investment potential in this unique Saint Pete, FL retreat. Whether you're envisioning it as your dream home or a savvy investment opportunity, this versatile residence promises to exceed your expectations.
Meticulously renovated by Alannah K Interiors, this expansive two-story home spans 2, 200 heated square feet on a sprawling 8, 269 square foot lot. Currently configured as a spacious 3-bedroom, 2-bath with an expansive office, it also offers the unique flexibility to be converted into a duplex, doubling its rental income potential—an ideal scenario for both living and investment purposes. Situated in unincorporated St. Pete with no HOA or CDD restrictions, this property opens doors to endless possibilities.
Location couldn't be more prime— Only 5 miles (13 minutes) from Madeira Beach, Treasure Island, and Saint Pete Beach; 2. 6 miles to BayPines VA Hospital, 8 miles to Downtown Saint Petersburg, and within minutes to schools, restaurants, grocery stores, Highway 19, Interstate 275 and 20 minutes to Tampa, and MacDill.
As you step inside you will discover a home that exudes contemporary elegance and functionality, with over $97, 000 invested in recent upgrades. From designer paint and fixtures with luxury vinyl plank flooring, a new roof (25-year guarantee), new AC system (with a 10-year transferrable warranty), and sustainable features like new solar panels (25 panels total) and an Electric Vehicle Level 2 Charger (charge electric vehicles 35 miles per hour), every detail has been meticulously crafted for modern comfort and efficiency. Furthermore, the property can be sold fully furnished for an additional fee, providing a convenient option for those looking to move in without the hassle of furnishing.
Outside, the enchantment continues with over $17, 000 dedicated to lush landscaping, including 50+ native trees, 25+ fruit trees and edibles, 25+ native flowers and butterfly/pollinator attractors and a serene vermicomposting garden. Best of all, relax in the screened lanai or gather around the firepit amidst the tranquil backdrop of tropical foliage—a true sanctuary to unwind and entertain.
The home is currently a fully functioning 5-star Airbnb, generating solid rental revenue. To date, it has earned $28, 000, with an additional $7, 200 in pending payouts for future bookings. Should the new owner decide to continue using this property as an Airbnb, the current owners are willing to transfer the existing bookings, ratings, and property profile to the new owner.
This property isn't just a home; it's a gateway to a lifestyle of luxury and the opportunity for greater appreciation in an area experiencing rapid growth. With its strategic location and exceptional amenities, this is an opportunity you won't want to miss. Schedule your showing today and seize the chance to make this extraordinary St. Pete retreat your own. Welcome home to a life of comfort, convenience, and endless possibilities.
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Our Executive Mortgage Banker:
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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 | $424,000 | $424,000 | $424,000 |
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 | 7.867% | 7.282% | 6.623% |
Monthly Tax Payment | $642 | $642 | $642 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,857 | $2,857 | $3,664 |
Total Monthly Payment | $3,591 | $3,591 | $4,398 |
* 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.