Under contract-accepting backup offers. PRIME REAL ESTATE ON ST PETERSBURG BEACH.
OVERSIZED BEACH LOT WITH A HOUSE ON IT THAT IS A SHORT WALK TO BEAUTIFUL ST PETERSBURG GULF BEACHES NEAR THE HISTORIC DON CESAR BUILDING. THERE IS BEACH ACCESS AS PART OF THE COMMINITY PERKS.
THE PROPERTY HAS AN EMPTY LOT TO ITS LEFT AND A CITY PARK RIGHT ACROSS THE STREET. UNIQUE BECAUSE THERE IS A LOT OF GREENERY AND LAND AROUND YOU SO YOU DON, T FEEL CROWDED.
THE HOUSE WAS PROTECTED WITH WATERPROOF PANELS ON THE DOORS TO HELP PREVENT WATER INTRUSION. THE HOUSE IS IN NEED OF REPAIR FROM THE STORM BUT IT HAS BEEN FULLY MITIGATED READY TO RESTORE* ICE COLD CENTRAL AC WORKING GREAT. FLOORS ARE TERRAZZO THROUGHOUT AND HAVE NO APPARENT DAMAGE.
OPEN FLOOR PLAN WITH A VERY LARGE GREAT ROOM 23X17. ALSO A LARGE KITCHEN 18X13. BEDROOMS ARE ALSO GOOD SIZE.
THIS PROPERTY IS ALSO CROSS LISTED AS VACANT LAND MLS# 8314924
* VERIFY REHAB RULES WITH CITY OF ST PETERSBURG BEACH
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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 | $380,000 | $380,000 | $380,000 |
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 | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,528 | $2,526 | $3,205 |
Total Monthly Payment | $2,603 | $2,601 | $3,280 |
* 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.