5301 Venetian BOULEVARD NE, St. Petersburg, FL, 33703 | $425,000

THIS HOME HAS BEEN REMEDIATED PHOTOS WERE BEFORE HELENE! Here’s your chance to secure a prime investment property in the sought-after St. Petersburg area! This 4-bedroom, 2-bathroom + bonus room ranch-style home offers incredible upside potential for those looking to step into instant equity with the right vision and updates. Located just minutes from downtown, this property presents a fantastic opportunity for a cash buyer ready to capitalize on the current market conditions. This CORNER LOT, POOL home experienced flooding during Hurricane Helene, but all remediation has been completed, providing a solid, clean slate for you to customize to your liking. The owner was able to salvage the granite countertops, as well as the knobs, plate covers, and hardware, which will help speed up your renovation efforts. The layout remains intact, making this a simple and straightforward value-add project. With its excellent location near downtown amenities and the high-demand rental market, this property presents a fantastic opportunity for investors or buyers looking to build equity quickly. Whether you’re planning a flip, rental, or personalized renovation, this is the perfect project to take on. Don’t miss out on this rare opportunity to secure a CASH-ONLY property with endless potential. Being sold AS-IS. ARV $650, 000-750, 000. Schedule your showing today!

Features

  • Rooms: 4
  • Bedrooms: 4
  • Baths: 2 full
  • Laundry: Inside
  • Year Built: 1964
  • Heating: Central, Other
  • Cooling: Central Air, Other
  • Approx Sq. Feet: 1,966
  • Acreage: 0.22
  • Est. Taxes: $8,323
  • Elem. School: Shore Acres Elementary-PN
  • Middle School: Meadowlawn Middle-PN
  • High School: Northeast High-PN
  • Pool: Gunite, In Ground
  • Appliances: None
  • MLS#: TB8310999
  • Days on Market: 23 days
  • Website: https://www.raveis.com
    /prop/TB8310999/5301venetianboulevardne_stpetersburg_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 11/24/2024 11:17:08 PM)
Listing courtesy of KELLER WILLIAMS ST PETE REALTY   Phone: 727-894-1600

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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

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5301 Venetian BOULEVARD NE, St. Petersburg, FL, 33703

$425,000

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $340,000 $340,000 $340,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.159% 6.498%
Monthly Tax Payment $694 $694 $694
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,262 $2,260 $2,915
Total Monthly Payment $3,031 $3,029 $3,684

* 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.