Unparalleled Townhouse in St. Pete's Grand Central District. Unlock this one-of-a-kind opportunity to own a brand-new block construction townhouse with no HOA fees, a detached guest house, high ceilings, oversized private garage and income-producing options in a prime location. This residence embodies luxury with hurricane-rated impact doors and windows, elegant finishes, and the peace of mind that comes from residing in a non-flood zone with a 2-10 builders warranty – ensuring comfort, security, and savings. Nestled in the vibrant Grand Central District of St. Petersburg, FL, this two-level solid block Town Home sets the standard for modern living. The main house offers two ensuite bedrooms and two and a half bathrooms, providing the perfect blend of privacy and functionality. A contemporary European-style chef’s kitchen is the focal point of the first floor elevating the overall allure of the home. The gold standard features of this culinary masterpiece are the stainless Samsung Bespoke appliances, glistening quartz countertops, custom backsplash, ample storage and beverage fridge that complement the overall design. Ambient lighting and organic stylish fixtures seamlessly flow into the dining and living areas – perfect for entertaining. This unique abode is also pre-wired and smart-ready for today's technology needs and audiophiles. 8' solid core doors throughout are a rare find in most townhomes and add to the homes many custom features. Upstairs, the primary bedroom highlights a fully finished walk-in closet, stylish feature wall and striking floor to ceiling tiled ensuite bathroom with elegant design accents that offer you a spa like experience every time you unwind. A second spacious bedroom, full ensuite bathroom with finished closet, and full-size laundry room with ample storage round out the upstairs amenities. Step out back into the privacy of your xeriscape paver patio surrounded by a new vinyl fence and wall that create a serene retreat perfect for cookouts, gatherings or simply relaxing. The oversized one-car detached garage features safe private parking, a 220V outlet for EV charging and durable epoxy flooring. The pièce de resistance of the entire property is the accessory dwelling unit above the garage. Featuring all the luxuries of a 5-star modern hotel room, complete with a kitchenette, full bathroom and closet, it is ideal for those with income producing cash flow in mind or more intimate uses fitting for guests, a home office, exercise space or additional privacy. Beyond the confines of this remarkable residence, Central Ave awaits you with a plethora of amenities. Walk out your front door and you are steps away to everything in the Grand Central District: Wild Child, Baba’s, Cappy’s Pizza, Bandit Coffee, 3 Daughter Brewing, The Dog Bar and many, many more! Eclectic streetscapes are filled with the trendiest, most inclusive, arts-centric bistros, bars, restaurants, coffee shops in all of St. Petersburg. You’re also a short walk to catch a Rays game, 15 minutes to St Pete Beach, and 3 miles to booming Downtown St. Pete with popular attractions like the Pier, museums, restaurants, and entertainment. With no Flood Insurance required, no HOA or CDD fees, this home offers a rare opportunity not to be missed. HIGH & DRY, no flood insurance required. $0 down for any storm affected buyers when using sellers preferred lender.
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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 | $742,400 | $742,400 | $742,400 |
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 | $137 | $137 | $137 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,754 | $4,754 | $6,518 |
Total Monthly Payment | $4,983 | $4,983 | $6,747 |
* 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.