According to analysts, home prices will increase in 2025 and interest rates will drop so maybe you ought to schedule a showing today of this promising property before you tell yourselves, "Shoulda', coulda', woulda'. . . "
•About the property:
•Two Story. NO HOA, NON-FLOOD ZONE X. BRAND NEW CONSTRUCTION. CERTIFICATE OF OCCUPANCY ISSUED OCTOBER 16, 2024.
•4 bedrooms. 3 full bathrooms all with granite countertops and ceramic tile flooring.
•Master Suite on the first level includes trey ceiling and a private bathroom with a fully tiled walk-in shower, dual sink vanity, private water closet, and a walk-in closet.
•LOFT includes the third guest bedroom and the second guest bathroom.
•New Kitchen includes a large island with granite countertops, tons of new cabinets, pantry, deep sink, modern pull down spray head faucet, new electric stove with oven, mounted microwave, and dishwasher.
•Inside Laundry Room includes washer and dryer hooks ups ceramic tiled flooring and access to and from the garage.
•Two car attached garage with coated floors and remote controlled garage door.
•New Windows!
•New In-Wall Pest Control System.
•New Separate Irrigation Meter.
•New Rain Gutters.
•FENCED.
•New Roof.
•Two New HVAC Systems.
•New Water Heater.
•Newly landscaped and ready for your immediate move-in!
•Steps from public transportation, minutes from retail stores, restaurants and half of a mile from I-275, under 15 minutes to Downtown St. Pete and St. Pete Pier.
•Properties like this are a dream for many so take action now instead of listening to fear mongering hype because Florida's real estate market is on a continuous upswing with no downward shift in sight.
•Measurements including square footage are an approximation. Buyers are encouraged to independently verify all information herein.
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Our Executive Mortgage Banker:
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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 | $623,200 | $623,200 | $623,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $196 | $196 | $196 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,199 | $4,142 | $5,256 |
Total Monthly Payment | $4,487 | $4,430 | $5,544 |
* 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.