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8525 42nd AVENUE N, St. Petersburg, FL, 33709 | $875,000
PRIME WATERFRONT. . . . . . .
This property offers an incredible opportunity to own a canal front property in the highly desirable Bay Pines neighborhood and a blank canvas to build a Florida living exceptional dream home – perfect for any visionary Buyer. The existing home had sustained damage from Hurricane Helene and is being sold As-Is. Mitigation is complete from storm and ready to restore, raise up or rebuild.
House was owned by original family over 55+ years with interior updates over the years. House has never flooded in prior storms. Prior to the hurricane, house was custom designed inside by the family. The kitchen had two-tone cabinets of light and dark chocolate alder custom cabinets. Outdoor has a small cocktail bench sitting pool and a large composite dock with drop down for kayak launching.
Situated on 6, 499 sq ft premium waterfront lot in unincorporated St. Petersburg with beautiful sunset views and access to intercoastal waterways, Johns's Pass and the Gulf of Mexico.
Vision yourself and your family on a sunny day lounging in the pool or sitting under the gazebo enjoying the breeze, listening to the birds, watching the playful manatees and dolphins while they frolic in the canal all day long while enjoying the peace and quiet of this canal life where all neighbors consider each other friends and family. This property holds immense potential and the promise of the ultimate Florida quiet canal lifestyle. Land is very valuable with easy access to all Gulf beaches and downtown St. Petersburg. Minutes away from shopping malls and a variety of grocery stores. As to daily shopping, recreation, churches, schools and a vibrant nightlife of beaches and downtown all within reach of enjoying poolside lounging, arts, museums, music concerts, bistros, restaurants, golfing and other recreational activities close to this property. House can be re-appraised if requested so it can be on track for FEMA guidelines for the remodel.
THIS PROPERTY IS ALSO LISTED AS A LOT FOR SALE UNDER MLS# TB8317011 DON'T MISS THIS OPPORTUNITY TO OWN A SLICE OF HEAVEN, SO FEEL FREE TO MAKE A REASONABLE OFFER.
Features
- Rooms: 5
- Bedrooms: 2
- Baths: 2 full
- Lot Size: 65 x 100
- Laundry: Electric Dryer Hookup, Washer Hookup
- Year Built: 1959
- Garage: 2-car
- Heating: Central, Electric
- Cooling: Central Air
- Approx Sq. Feet: 1,263
- Acreage: 0.15
- Lot Size: 65 x 100
- Est. Taxes: $5,278
- Pool: In Ground
- Appliances: None
- MLS#: TB8316993
- Days on Market: 50 days
- Website: https://www.raveis.com
/prop/TB8316993/852542ndavenuen_stpetersburg_fl?source=qrflyer
Listing courtesy of CHARLES RUTENBERG REALTY INC Phone: 727-538-9200
William Raveis Family of Services
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.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
8525 42nd AVENUE N, St. Petersburg, FL, 33709
$875,000
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
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $700,000 | $700,000 | $700,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.620% | 6.735% | 6.806% |
| Monthly Tax Payment | $440 | $440 | $440 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,540 | $4,482 | $6,146 |
| Total Monthly Payment | $5,072 | $5,014 | $6,678 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388