HURRICANE PROOF PROPERTY RESISTED STRONG WINDS , AND NO FLOODING OR DAMAGES ON BOTH HURRICANES HELENE & MILTON .
NON FLOODED ZONE !Exceptional opportunity to acquire a picturesque 3 BUILDINGS, UNDER ONE TAX ID AND THE ADDITIONAL PARCEL USED COMMERCIAL VACANT LOT/PARKING SPACE. This exceptional LOCATION, JUST 7 MIN FROM DOWNTOWN, STEPS AWAY FROM ST. Anthony HOSPITAL AND ALL THE AMENITIES AROUND presents a unique opportunity to own a piece of ST. Petersburg charm, nestled within a vibrant community and boasting an array of zoning and land use options. Current zoning is institutional, but it can be used as it is suitable REDEVELOPMENT SITE, MULTI -USE, C1, C2, C3 RETAILS and POSSIBLY MULTI-FAMILY RESIDENTIAL BUILDINGS WHOLESALE/DISTRIBUTION CENTERS, RESEARCH AND DEVELOPMENT FACILITIES AND RECREATIONAL ESTABLISHMENTS. There are 2 PARCELS SELLING UNDER ONE PRICE. THE First building which is almost 8600 sqft, comes with additional detached house and a separate Single Family Home 2bed/1 that is INHABITANT and used as a storage. All of this under 22, 000 sqft. THE SECOND PARCEL IS located on the right place is USED AS A PARKING AND IS OVER 4500 SQFT. The entire building has some updates, Roof only 3 years old, updated electrical panel, updated bathrooms, Ac unit, lighting etc. Corner building with tons of visibility. The 1st floor is perfect for any business! The 2nd floor has a space over 2800 sqft and is used for any meetings, events that can generate extra income and it comes with a full kitchen. Parking space for 50 cars on both sites of the building. Turnkey, the building is suitable for a wide variety of businesses. The property has been meticulously renovated and is in EXCELLENT condition inside and out. This property offers exceptional visibility and is situated in an area with high traffic flow of 9th Ave N Pinellas County, making it an ideal for any investment opportunity.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,795,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,436,000 | $1,436,000 | $1,436,000 |
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 | $0 | $0 | $0 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,314 | $9,195 | $12,608 |
Total Monthly Payment | $9,439 | $9,320 | $12,733 |
* 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.