1585 Delaware AVENUE NE, St. Petersburg, FL, 33703 | $500,000

Amazing investment opportunity! This home is being sold as-is; cash buyers only as it was flooded by Hurricane Helene and has been remediated and is ready to renovate, raise, or rebuild. This home was fully remodeled in 2023 with many upgrades surviving the hurricane and still in new condition. 2023 upgrades include: hurricane-rated impact windows on the entire house (done by Window World with a transferable lifetime warranty), a Carrier HVAC system with Google Nest, a Daizuki Mini Split in the upstairs primary bedroom for added comfort (the primary bedroom also has central AC), an Ecosmart tankless water heater, gutters on the entire house, pavers installed on the driveway, porch, back patio, and pool deck, pool refinished with PebbleTec and new tiles, granite window sills, a fiberglass "wood look" front door, a Rain Bird irrigation system, the entire floor leveled to prevent water intrusion under the flooring, new "wood-look" tiles installed throughout the entire home with antimicrobial grout, new exterior paint, and the upstairs bedroom and bathroom were remodeled. A new salt cell was just installed for the pool (October, 2024) and the pool was acid washed, cleaned, and inspected with no damage. The tile roof was just inspected and has no damage with a 15 years remaining. This home is just a few minutes from Denver Park, the new Shore Acres Recreation Center, Whole Foods, Publix, and many restaurants. It's only a 10-minute drive to downtown St. Pete or I-275. Many new construction homes in the neighborhood are selling for $1. 3-2. 5 million.

Features

  • Lot Size: 64 x 128
  • Lot Desc: Buildable, Corner Lot, City Lot, Landscaped, Level, Street Lights
  • Elem. School: Shore Acres Elementary-PN
  • Middle School: Meadowlawn Middle-PN
  • High School: Northeast High-PN
  • Pet Policy: Yes
  • MLS#: TB8312453
  • Days on Market: 7 days
  • Website: https://www.raveis.com
    /prop/TB8312453/1585delawareavenuene_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 11/15/2024 11:32:07 PM)
Listing courtesy of NEXTHOME LUXE COASTAL   Phone: 727-315-0315

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

1585 Delaware AVENUE NE, St. Petersburg, FL, 33703

$500,000

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 $400,000 $400,000 $400,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.582% 7.159% 6.518%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,729 $2,659 $3,430
Total Monthly Payment $2,821 $2,751 $3,522

* 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.