Nestled in the highly desirable Crescent Lake area of St. Petersburg, Florida, this historic Craftsman Bungalow offers a rare blend of timeless charm, modern updates, and versatile living options. Recognized on the historic register, this unique multi-unit property is perfect for multi-generational living or generating rental income, delivering both flexibility and style.
The main house boasts three bedrooms and two bathrooms, highlighted by original hardwood floors that add warmth and character. Its spacious, thoughtfully updated layout maintains the home’s classic appeal while incorporating modern comforts. The in-law suite is cleverly divided into two distinct units: one with two bedrooms and one bathroom, ideal for extended family or renters, and a private one-bedroom, one-bathroom unit, perfect for guests or additional income. Each unit is well-maintained, offering independent living with comfort and privacy.
At the heart of the property is a stunning saltwater pool, designed for low-maintenance, eco-friendly living. Centrally located between the main house and in-law suite, this inviting oasis is perfect for relaxing or entertaining, with plenty of space for gatherings under the Florida sun. Surrounding the property are beautiful mango, banana, papaya, triple, and Sylvester trees, adding to the serene atmosphere.
Set on a quiet, friendly red-brick street, this home offers a peaceful retreat while being just steps from vibrant Crescent Lake. Nearby parks, walking trails, and the excitement of downtown St. Petersburg—with its trendy restaurants, shops, and entertainment—are all within easy reach.
This meticulously maintained property provides the perfect balance of tranquility and accessibility, making it ideal for both relaxation and entertaining. Combining historic charm, modern convenience, and a prime location, it’s a rare find. Schedule your private showing today and discover everything this exceptional home has to offer!
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William Raveis Mortgage, LLC
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Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,200,000 | $1,200,000 | $1,200,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.545% | 6.748% | 6.932% |
Monthly Tax Payment | $720 | $720 | $720 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,783 | $7,684 | $10,619 |
Total Monthly Payment | $8,628 | $8,529 | $11,464 |
* 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.