Welcome to this 3-bedroom, 2-bathroom home in the Shore Acres neighborhood of St. Petersburg, FL! With 1, 180 square feet, this property presents a unique opportunity for those looking to bring new life to a home with incredible potential. The home was impacted by Hurricane Helene and is being sold as-is, offering the chance for a creative transformation to match your vision.
There was a recent, extensive renovation in April 2024 which added an additional bedroom and an en suite bathroom to the home, remodeled the kitchen and second bathroom. The seller began the process of closing permits for the garage conversion; however, the buyer will be responsible for completing the permit process with the city.
The large backyard, complete with an in-ground pool and covered patio, offers true Florida living—ideal for enjoying sunny days and outdoor gatherings. The photos shown are of the current condition as well as recent images before the storm to showcase the home’s former warmth and style. Shore Acres is known for its close-knit feel and convenient location, just minutes from downtown St. Pete and a short drive to beautiful beaches. Embrace this chance to build equity in a prime area and create your dream coastal home!
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Our Executive Mortgage Banker:
Our Insurance Division:
$255,000
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 | $204,000 | $204,000 | $204,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 7.250% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.295% | 7.421% | 6.644% |
Monthly Tax Payment | $281 | $281 | $281 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,374 | $1,392 | $1,763 |
Total Monthly Payment | $1,730 | $1,748 | $2,119 |
* 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.