4822 3rd AVENUE S, St. Petersburg, FL, 33711 | $875,000

HUGE PRICE IMPROVEMENT!!!! Great investment or family compound!! 3 HOUSES ON ONE LOT!! INCOME POTENTIAL AND/OR FAMILY COMPOUND! This remarkable property offers a unique chance to own three charming homes on nearly half an acre in a prime location. Perfect for a multi-generational family or those seeking immediate rental income, this estate is a rare find.

The main house is a spacious 2-bedroom, 3-bathroom pool home featuring updated bathrooms and a European-style kitchen. Enjoy the generous living space, including an indoor utility room, a versatile extra room ideal for a pool room, abundant closets, and a cedar closet. The covered pool area is complemented by a convenient pool bath. The main home also boasts a new roof, dual water heaters, contemporary lighting and wetbar off of the great room. It is truly a unique and versatile property.

In addition to the main residence, there are two additional 2-bedroom, 1-bath homes on the property. These homes share a laundry facility and each has its own fenced yard. A large mango tree adds a touch of tropical charm, and a sizable storage area on the grounds offers extra utility. Ample parking is available, with potential for building garages or adding apartments above.

This versatile property offers endless possibilities as a high-income rental investment or a spacious family compound. Don’t miss out on this incredible opportunity in vibrant St. Petersburg! Located in Halls Central, they have their own facebook page and have many events for the neighborhood.

All of this and it is an easy 10 minute drive between the beautiful golf beaches of St. Pete and downtown St. Petersburg. The location can't get any better with only 5 minutes to a major highway. Come check it out today!!

Features

  • Rooms: 9
  • Bedrooms: 6
  • Baths: 5 full
  • Lot Size: 135 x 127
  • Laundry: Common Area, Inside, Laundry Room
  • Year Built: 1945
  • Heating: Electric
  • Cooling: Central Air, Wall/Window Unit(s)
  • Approx Sq. Feet: 3,428
  • Acreage: 0.39
  • Lot Size: 135 x 127
  • Est. Taxes: $8,500
  • Lot Desc: Corner Lot, In County, Oversized Lot, Private
  • Elem. School: Bear Creek Elementary-PN
  • Middle School: Azalea Middle-PN
  • High School: Boca Ciega High-PN
  • Pool: In Ground, Pool Sweep
  • Pet Policy: Yes
  • Appliances: Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Range, Range Hood, Wine Refrigerator
  • MLS#: U8252229
  • Days on Market: 94 days
  • Website: https://www.raveis.com
    /prop/U8252229/48223rdavenues_stpetersburg_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 11/9/2024 6:47:06 PM)
Listing courtesy of EXP Realty   Phone: 888-883-8509

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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4822 3rd AVENUE S, St. Petersburg, FL, 33711

$875,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $700,000 $700,000 $700,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.625% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.406% 6.762% 6.830%
Monthly Tax Payment $708 $708 $708
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,540 $4,482 $6,146
Total Monthly Payment $5,340 $5,282 $6,946

* 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.