505 55th AVENUE, St Pete Beach, FL, 33706 | $1,795,000

AN INSPIRING LUXURY WATERFRONT LIVING EXPERIENCE LOCATED IN THE HEART OF ST. PETE BEACH! A large circular driveway and lush subtropical landscaping introduce a wide and welcoming covered entry. Elegant wide-plank wood flooring, a wonderful array of skylights that deliver plenty of natural light, and spectacular water views visible across a rich open floor plan will assure an unforgettable living experience. The sumptuous and open chef’s kitchen features elegant white shaker-style cabinetry, fine granite surfaces, gorgeous small-tile blue backsplash, quality stainless steel appliances, an island prep center, and separate breakfast bar. An impressive great room concept integrates dining, living and kitchen areas in a way that maximizes your water views. Spacious owner’s suite boasts superb waterviews and a dazzling bath with dual vanities, coastal-modern wood cabinetry, quartz surfaces and a terrific walk-in glass rain-shower enclosure. 2nd and 3rd bedrooms are beautifully finished and the guest bath is luxurious in its appointments. The laundry facility is well-done, providing generous storage. Out back you’ll discover a captivating vision of paradise on the water! Luxury paver decking is tightly integrated with well-placed palm landscaping in a manner that calls you to the waterfront. Not to be outdone, is the absolutely stunning Pebbletec infinity pool & spa with lounging sun-shelf. By day, your pool seemingly disappears into the waterway; by early evening, radiant LED lighting produces a remarkable intimacy with sunsetting skies across the horizon. Separately, the rear yard offers substantial multi-purpose green space, an updated seawall, newer deep water composite dock, a 16, 000 lb boat lift, and tie poles for a cruiser/sailboat – from here, you’re 15 minutes to the Gulf by Boat. The home’s many updates/upgrades include its kitchen and baths, its infinity pool/spa, solar electric panels (significantly lowering electric bills), newer windows and newer roof. The best of boating and the beach, with just a 5-minute walk to the nationally acclaimed powdersoft sands of St. Pete Beach. Situated in highly-desired Brightwater Beach Estates (where all the homes are on the water), you’ll find shopping, dining and entertainment are within easy walking distance. Close to downtown St. Petersburg (15-minute drive) and just 30 minutes to Tampa Airport. This is an extraordinary value in a superb waterfront location. Buyer to verify room dimensions.

Features

  • Rooms: 4
  • Bedrooms: 3
  • Baths: 2 full
  • Lot Size: 90 x 110
  • Laundry: Inside, Laundry Room
  • Style: Custom
  • Year Built: 1961
  • Garage: 2-car
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 1,866
  • Acreage: 0.23
  • Lot Size: 90 x 110
  • Est. Taxes: $11,583
  • Lot Desc: Flood Insurance Required, FloodZone, City Lot, In County, Landscaped, Level, Near Marina, Near Public Transit, Oversized Lot
  • View: Water
  • Elem. School: Azalea Elementary-PN
  • Middle School: Azalea Middle-PN
  • High School: Boca Ciega High-PN
  • Pool: Deck, Gunite, Heated, In Ground, Infinity, Lighting, Salt Water, Tile
  • Pet Policy: Cats OK, Dogs OK, Yes
  • Appliances: Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Kitchen Reverse Osmosis System, Microwave, Range, Refrigerator, Tankless Water Heater, Washer, Water Filtration System, Water Purifier, Water Softener
  • MLS#: U8233747
  • Days on Market: 84 days
  • Website: https://www.raveis.com
    /eprop/U8233747/50555thavenue_stpetebeach_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 1:10:00 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

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
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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
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

505 55th AVENUE, St Pete Beach, FL, 33706

$1,795,000

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 $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 $965 $965 $965
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $9,314 $9,195 $12,608
Total Monthly Payment $10,404 $10,285 $13,698

* 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.