Situated on a large lot behind the gates of Placido Bayou, this beautiful custom-built home offers a well-designed layout spanning over three bedrooms and two baths. High-end touches greet you upon entry and continue throughout the home, including vaulted ceilings, hardwood hickory flooring, and arched windows. Enjoy the freedom of a flexible floor plan with an eat-in kitchen, separate dining space, and bonus room that would make an ideal home office, home gym, or nursery. Sliding glass doors off living space lead out to your screened lanai and idyllic backyard, with plenty of room for a pool! The kitchen, open to the living area, has an abundance of maple KraftMaid cabinetry, a spacious breakfast bar, Cambria countertops, and stainless steel appliances. The home's desirable features extend into the master suite, with a large walk-in closet, en suite bath with a walk-in shower, and easy access to your bonus room and lanai. While the home has many attractive features, there are also practical updates that you will enjoy, including an interior laundry room, new windows, plantation shutters, water softener, and epoxy flooring in the garage. The exterior of the home is just as pleasing, with meticulous landscaping, stunning crepe myrtes with fuchsia blooms, and a paver driveway. Live at ease knowing the HOA covers your lawn maintenance, fencing, and exterior house painting (every 7 years). Beyond the luxury of your home, the guard gated community of Placido Bayou feels like a paradise with picturesque lakes for fishing, scenic paths for running, and lush trees providing shade and tranquility. All of this is conveniently located just minutes from downtown St. Petersburg’s vibrant waterfront, with easy access to an array of dining options, boutique shopping, world-class arts, cultural and sporting events. Beaches, airports, and golf courses are also just a short drive away, and the Racquet Club of St Petersburg is at the entry of the neighborhood, where you can enjoy both pickleball and tennis! Welcome home to the sweet life, unwind and enjoy the tranquility of your own Florida paradise.
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Our Executive Mortgage Banker:
Our Insurance Division:
$725,000
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 | $580,000 | $580,000 | $580,000 |
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 | 7.563% | 7.159% | 6.276% |
Monthly Tax Payment | $292 | $292 | $292 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,859 | $3,855 | $4,891 |
Total Monthly Payment | $4,243 | $4,239 | $5,275 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.