Prime Opportunity to Build in St. Petersburg!
Discover this exceptional vacant lot on 62nd Ave in the heart of St. Pete, where your vision of building a single-family home or a triplex rental property can come to life. Previously home to a duplex with all utilities already connected to the city, this lot has been cleared and is now ready for your dream project.
Whether you're planning to create your own personal oasis or develop a rental income property, this is a fantastic chance to build exactly what you’ve envisioned. Special financing is available through our preferred lender—just ask for details!
The lot measures 50' x 100', offering . 11 acres of build-ready space. Located in unincorporated St. Petersburg, you'll enjoy easy access to US 19 and I-275, while still being close to the city. In just 10 minutes, you can be in Downtown St. Pete, and within 25 minutes, you can reach the vibrant Downtown Tampa or the beautiful Gulf Beaches.
This central location offers the best of Florida living: incredible restaurants, shops, entertainment, and endless outdoor activities just moments away. Whether you're drawn to the vibrant city scene or the serene coastline, this location puts it all at your fingertips. Don’t miss out on this chance to create the home or investment property of your dreams in one of Florida's most sought-after areas!
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$140,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $112,000 | $112,000 | $112,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $745 | $744 | $945 |
Total Monthly Payment | $820 | $819 | $1,020 |
* 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.