Under contract-accepting backup offers. NO HURRICANE DAMAGE! Looking for an AMAZING DEAL, INSTANT EQUITY, and BIG TIME RENTAL POTENTIAL for UNDER 400k? Welcome to this remarkable Mid-Century modern gem nestled in the highly desirable Sunhaven Lakes neighborhood. Situated on an oversized corner lot, this property offers endless possibilities for both living and investment. The main part of the home is a 2/1 with an enclosed patio, vaulted ceilings and clear story windows that overlook Sunhaven Lake. The spacious living room is perfect for relaxation or entertaining, while the kitchen dazzles with modern wood cabinets, sleek quartz countertops, state-of-the-art appliances, and elegant gold accents. The stylish bathroom offers ample space and a contemporary design. New floors and paint inside and out. Attached to the home is a separate 1 bedroom, 1 bathroom mother-in-law suite with a private entrance and an oversized living/dining room, ideal for rental income, house hacking, or accommodating family members. There is endless investment potential with this home. The property also features an oversized carport with a double driveway and a sizeable corner lot with plenty of room for various activities and storage for boats, RVs, jet skis, and more. Overlooking beautiful Sunhaven Lake, the home offers picturesque vistas and a peaceful ambiance. Additional upgrades include a brand new 2024 roof, a newer 2024 AC system, and a 2024 water heater. Importantly, this property is not in a flood zone. The home also features a spacious laundry area with ample storage space. Conveniently located near all that Saint Petersburg has to offer, you’re just minutes away from pristine beaches, vibrant downtown attractions, and top-rated dining and shopping destinations. Don’t miss this incredible opportunity to own a home with significant rental potential and modern elegance. Schedule your tour today and make this investment dream a reality!
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Our Executive Mortgage Banker:
Our Insurance Division:
$398,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $318,400 | $318,400 | $318,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.042% | 6.160% |
Monthly Tax Payment | $76 | $76 | $76 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,118 | $2,092 | $2,685 |
Total Monthly Payment | $2,269 | $2,243 | $2,836 |
* 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.