Welcome to a timeless blend of historic charm and modern luxury at 1501 28th Ave N in the heart of St. Petersburg. This beautifully restored 1920s Florida bungalow, expanded to 1, 741 sq ft main home, features a separate 1/1 778 sq ft apartment above the garage with a spacious living room and office area, perfect for guests, extended family, or rental income. With the increasing demand for rental properties in St. Petersburg, this additional dwelling unit offers excellent potential for generating extra income. This property could also be considered a multi-family residence, providing flexibility for various living arrangements and investment opportunities. Step inside to discover an updated chef’s kitchen boasting granite countertops, updated modern appliances, and nice space for a dining area. Outdoor living is equally impressive, with an expansive covered patio surrounded by tropical flowers and lush landscaping, with wrap around patio, ideal for entertaining or relaxing in your private oasis. Located in a family-friendly neighborhood, this home is just a short distance from schools like Woodlawn Elementary and St. Petersburg High School. Enjoy the natural beauty of Crescent Lake Park and the exotic flora of Sunken Gardens, both just minutes away. For dining and shopping, the vibrant nearby 4th Street North offers a variety of restaurants, cafes, and boutique shops. Cultural enthusiasts will appreciate the nearby downtown area, featuring The Salvador Dali Museum and the Museum of Fine Arts. Additionally, you’re just a short drive from the pristine sands of nationally top rated St. Pete Beach as well as the natural beauty of Fort De Soto Park. Imagine relaxing in your private backyard oasis or hosting out of state family or guests in their own private living area. Don’t miss this rare opportunity! Schedule a showing today and discover your dream home at 1501 28th Ave N.
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Our Executive Mortgage Banker:
Our Insurance Division:
$835,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $668,000 | $668,000 | $668,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | $150 | $150 | $150 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,277 | $4,277 | $5,865 |
Total Monthly Payment | $4,519 | $4,519 | $6,107 |
* 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.