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540 Dr Martin Luther King Jr S, St. Petersburg, FL, 33701 | $780,000
One or more photo(s) has been virtually staged. Under Construction. Block Construction, Impact Windows, X-Flood Zone! Welcome to Innovation Townhomes, a gated community located in the Innovation District WITHIN BLOCKS of the new Tropicana Field redevelopment. This unit is currently under construction with completion set for Oct/Nov. BLOCK CONSTRUCTION all the way up including your neighboring walls! Innovation Townhomes is located just minutes from Tropicana Field, Downtown St. Pete, Grand Central, the Edge District, Warehouse Arts District and the Pinellas Trail, this location gives homeowners easy access to dining, shopping, museums, beaches, the new pier, hospitals, the marinas and so much more. The Franklin floorplan features an open floor plan, 4-story, 2 bedroom, 2. 5 bath, with a den that can be used for a flex room or office, 1 car garage and private rooftop terraces. The Franklin kitchen features flat panel, soft-close cabinets, upgraded backsplash, gas range and hood, wine fridge and beautiful 3cm quartz countertops. Head up stairs for an additional loft sitting area (that can be used as an office or flex space), primary bedroom and laundry room. The primary suite bathroom features dual vanities a large frameless shower with floor to ceiling tile in the shower. On your 4th level, you will find your private rooftop terrace that includes an enclosed wet bar and outdoor stand alone gas grill. All units include luxury vinyl plank flooring including the bedrooms, IMPACT WINDOWS, a dedicated 240V 15 AMP outlet for a car charger, and all are pre-plumbed for a water softener system. The 26 unit community is located in Flood Zone X and are fee simple with a low HOA. Pricing, Appliances and Selections for this home may be subject to change. Photos are of community. Buyer to verify all information. This unit has the Contemporary package as seen in photos. Photos are of model unit**. Building A will have fenced in front yards! Bosch Fridge, Washer/Dryer of Seller's Choice included with contracts until end of October.
Features
- Rooms: 4
- Bedrooms: 2
- Baths: 2 full / 1 half
- Laundry: Laundry Closet
- Year Built: 2024
- Garage: 1-car
- Heating: Central, Electric
- Cooling: Central Air
- Approx Sq. Feet: 1,857
- Est. Taxes: $300
- HOA Fee: $257 Monthly
- Pet Policy: Breed Restrictions, Number Limit
- Appliances: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Range Hood, Wine Refrigerator
- MLS#: U8230412
- Days on Market: 267 days
- Website: https://www.raveis.com
/prop/U8230412/540drmartinlutherkingjrs_stpetersburg_fl?source=qrflyer
Listing courtesy of Douglas Elliman (Wellington) Phone: 727-698-5708
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
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To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
540 Dr Martin Luther King Jr S, St. Petersburg, FL, 33701
$780,000
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
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $624,000 | $624,000 | $624,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.551% | 7.042% | 6.160% |
| Monthly Tax Payment | $25 | $25 | $25 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,151 | $4,099 | $5,262 |
| Total Monthly Payment | $4,268 | $4,216 | $5,379 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388