1416 40th AVENUE NE, St. Petersburg, FL, 33703 | $1,150,000

BIG PRICE REDUCTION, LOCATION LOCATION LOCATION, AND A MOTIVATED SELLER!!! THIS WILL SELL FAST, THIS IS A BOATER'S DREAM HOME for an INCREDIBLE PRICE. This home is only a 5 minute boat ride to Tampa Bay, and less than a 10 minute boat ride to Downtown St Petersburg, where you can dock your boat in Downtown St. Pete, and enjoy the St Pete Pier. You can go dinning, biking, rollerblading, shopping and even the movies at Sundial 12. You can visit The Dali Museum, or simply take a leisurely walk through the beautifully decorated streets of Downtown St. Pete. You are also only a 25 minute boat ride from The Tampa Riverwalk. Tampa Riverwalk offers a scenic and leisurely stroll along the river, buffeted by sprawling views of the city skyline and tranquil waters. By land, you are less than 5 minutes from a HUGE shopping center, ( Northeast Park Shopping Center ) that offers to say the least, 2- Publix Markets, a Whole Food Market, Bank Of America, Chase Bank, Walgreens, CVS, Crunch Fitness, and more. 4th St. N. is also home to The Fresh Market, Wild Fork Foods, Trader Joes, Carrabba's, Outback Stackhouse, Starbucks, Hooter's and much much more, all less than 5 minutes from your front door. It also comes with a Boat Dock & Boat lift, eliminating the need to launch your boat at a local boat ramp. You have a gorgeous oversized pool so you can go for a dip after a long day of fishing, or just relax overlooking the water while in the privacy of the Vinyl Fence that surrounds the pool area and the back yard. The home has 2923 sq feet of living space and features a practical layout with with 5 bedrooms and 4 full bath's. There is an ensuite in the Master Bedroom, one other room also has an ensuite giving your guest or loved ones that extra comfort and feeling of a master room. Enjoy the beautiful sky lights, 1 as soon as you walk thru the house, and another double skylight in the guest bathroom which illuminates the bath with beautiful Florida sunshine. The kitchen overlooks the pool patio and has a spectacular view of the water. The pool patio has ample space and is covered with a NEW aluminum roof, also great for entertaining. The home offers a 2 car garage, along with a HUGE OVERSIZED lot with enough driveway to park at least 10 cars, a boat trailer, and even an RV or motorhome. This home presents an opportunity to obtain a property with generous square footage. The configuration and size of the home and lot may be suitable for a range of housing needs and preferences. The home also has a new roof 01/2021 . NOTE: THE PRICE REDUCTION IS DUE TO HURRICANE "HELENE" AND IS SOLD AS IS. BECAUSE THE HOME IS AT THE END OF THE CANAL, AND WAS BUILT ON AN INCLINE, THE HOME WAS ONLY SLIGHTLY AFFECTED WITH APPROX 2 TO 3 INCHES OF WATER INSIDE THE HOME. CARPETS AND HARDWOOD FLOORS WERE REMOVED, SHEETROCK WAS ALSO REMOVED IN THE AFFECTED AREAS ONLY AND ONLY AS NEEDED. THE HOUSE WAS DE-HUMIDIFIED AS NEEDED. HURRICANE "MILTON" IMPACTS ON THE HOME WAS THE VINYL FENCE THAT SURROUNDS THE HOME AND THE FENCE WILL BE REPAIRED OR REPLACED AS NEEDED.

Features

  • Rooms: 4
  • Bedrooms: 5
  • Baths: 4 full
  • Lot Size: 67 x 117
  • Laundry: Inside, Laundry Room, Washer Hookup
  • Style: Bungalow
  • Year Built: 1964
  • Garage: 2-car Driveway
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 2,923
  • Acreage: 0.45
  • Lot Size: 67 x 117
  • Est. Taxes: $13,936
  • Lot Desc: Corner Lot, Landscaped, Oversized Lot
  • View: Pool, Water
  • Elem. School: Shore Acres Elementary-PN
  • Middle School: Meadowlawn Middle-PN
  • High School: Northeast High-PN
  • Pool: In Ground
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer
  • MLS#: U8253789
  • Days on Market: 97 days
  • Website: https://www.raveis.com
    /eprop/U8253789/141640thavenuene_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 12/22/2024 1:02:33 AM)
Listing courtesy of COLDWELL BANKER REALTY   Phone: 727-360-6927

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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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1416 40th AVENUE NE, St. Petersburg, FL, 33703

$1,150,000

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 $920,000 $920,000 $920,000
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 7.620% 6.735% 6.806%
Monthly Tax Payment $1,161 $1,161 $1,161
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,967 $5,891 $8,078
Total Monthly Payment $7,253 $7,177 $9,364

* 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.