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!!
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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 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.