Under contract-accepting backup offers. Absolutely no damage from hurricanes Helene or Milton! Stroll down 5th Ave NE, heading east towards Beach Drive's vibrant restaurants, charming shops, and the stunning waterfront parks of downtown St. Petersburg. Nestled in on the left just before Bay Street, you'll discover eight gated luxury townhomes built in 2017, each offering four levels of sophisticated living, along with its own private rooftop deck.
As you enter the unit, whether through the front door or from your tandem two-car garage, you'll immediately notice the class and style that defines this home. The first floor features a versatile room with adjoining full bath, perfect for family visits or a private office.
Take your personal elevator to the second level, where you'll find the primary bedroom and a second bedroom, both with luxurious ensuite baths and large closets. Conveniently located in the hall between the bedrooms is a laundry room and separate large closet.
The third floor boasts a wide-open floor plan, highlighted by a chef's dream kitchen. You'll love the expansive stone counters, ideal for culinary creations, natural gas stove (just purchased July 2024) adjacent to the dining room area. The long bar counter houses a beverage refrigerator and lots of storage and counter space, perfect for entertaining. The living room area, located on the other side of the spacious kitchen, offers a comfortable and inviting space for relaxation. There is also a half bath on this floor. The sellers mentioned that they never hear noise from their neighbors so feel building was very well built. Also the complex is just north of the dividing line that prohibits any buildings more than 4 stories; therefore, the buyer doesn't have to worry about a large condo being built across the street in either direction. For security, there are 2 community cameras - one facing the entrance on 5th and one facing the alley for your added peace of mind. And if you don't use a pool or care much for a gym, you will love the money you save by not spending so much on high HOA fees. Yours will only be just over $500/mo!
When you're ready for outdoor enjoyment, head up the steps to your rooftop deck. It's perfect for stargazing on clear nights in your private hot tub, or flipping burgers with friends on your built-in natural gas grill. And for a fun night on the town, walk out your front door & be just steps away from the parks, festivities, restaurants, and shops that make Downtown St. Petersburg such a wonderful place to live! TV and Murphy bed in first level office and tall wine chiller in kitchen do not convey.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,575,000
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 | $1,260,000 | $1,260,000 | $1,260,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.500% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.209% | 6.636% | 6.684% |
Monthly Tax Payment | $1,412 | $1,412 | $1,412 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,068 | $7,964 | $10,976 |
Total Monthly Payment | $9,605 | $9,501 | $12,513 |
* 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.