**Exciting Opportunity on a Spacious 10, 960 Sq. Ft. Lot**
This generously sized property offers endless possibilities for those ready to create their dream home. While the existing four-bedroom, two-bath home has experienced flooding, the lot boasts several outstanding features that make it an excellent foundation for a complete remodel or new development. With nearly 11, 000 square feet of space, this property can accommodate the construction of two homes with a small variance, making it ideal for custom builds. The lot is fully enclosed with durable white PVC fencing, providing both privacy and security. An irrigation system utilizing reclaimed water ensures that landscaping remains healthy and vibrant year-round. A freestanding shed on a concrete pad offers convenient storage or workspace, while a carport and circular driveway provide abundant parking for vehicles, guests, or recreational needs. Located in a sought-after area, this property is ready to be transformed into something extraordinary. Whether you choose to renovate the current home or start fresh, the expansive lot and existing amenities offer a fantastic opportunity to bring your vision to life. The neighborhood is tight knit community and residents enjoy the close proximity to great private and public schools as well as just a few minutes drive to the vibrant downtown St. Pete area. There's plenty of shopping with two Publix grocery stores, a Whole Foods, Fresh Market and Trader Joes all within a close radius.
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.
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Our Executive Mortgage Banker:
Our Insurance Division:
$370,000
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 | $296,000 | $296,000 | $296,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.339% | 7.017% | 6.120% |
Monthly Tax Payment | $101 | $101 | $101 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,945 | $1,945 | $2,478 |
Total Monthly Payment | $2,121 | $2,121 | $2,654 |
* 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.