5501 Bates STREET, Seminole, FL, 33772 | $1,120,000

*** Update *** Brand New GE Induction Cook top installed 11/24. Welcome to this early 1930’s Spanish Colonial home located in the heart of Seminole. There are so many amenities that where to begin is probably the hardest part. Let’s start with the Full Solar system installed in 2019 which has allowed this home to have a net zero energy use since it was activated. Aside from the meter fee, this home has not had a power bill since this system was installed. Enjoy movie nights in the fully custom two level, 7 seat movie theater in the front family room. The theater boasts a 7 foot by 10 foot screen with 7. 1 Surround sound. The two level seating consists of leather recliners which are fully electric for you to lay back and enjoy the show. Enjoy the ambience of the updated electric fireplace which also has a heater function for those rare cold Florida nights. All equipment in the theater minus the apple TV box, come with the purchase of the home. This homes private resort style pool was completely remodeled in 2017 with added amenities such as an integrated hot tub, swim shelf for the little ones, paver deck, and a full outdoor kitchen with sink, fridge, grill and stainless hibachi cook top. The patio wraps around and has access to one of the back bedrooms directly from the deck. This also allows access to the “back yard” portion of the property. This home has been tastefully updated using designs which complement the historic nature of this era construction. A large family room gives you plenty of space to spend time with your family and friends while being nearby the fully remodeled kitchen. The kitchen is spacious with an island, wine bar, and walk in pantry. The kitchen comes with an oven microwave combo, a dishwasher and cooktop. The oversized copper farmhouse style sink makes it easy to wash dishes and prep food. This home has two bedrooms and a full bath downstairs, and another two bedrooms and full bath upstairs. A half bath is downstairs and can be accessed through the kitchen or directly from the pool area. The downstairs master includes a walk in closet and direct access to the full bathroom. The upstairs master is large with vaulted ceilings and natural wood beams. There is a bonus room in between the master and the other upstairs bedroom, which was used as a nursery, but could be utilized as a number of things. This home has two offices. The front office is lined with floor to ceiling windows giving you tons of natural light along with a beautiful view of the front yard. The second smaller office was used as a “YouTube” studio and is insulated for sound proofing. Double French doors look out on to the pool area. This space could easily be converted into a 5th bedroom if desired. A partially finished three car garage gives you ample space for your cars and toys! Downstairs front AC Unit was completely replaced (including ducting) in 2013 the other two units have been maintained / serviced regularly and have had no issues. The entire homes insulation has been updated for better efficiency and a tankless water heater was installed in 2024. Lastly this home has a large yard with ample storage for vehicles or trailers. The paver driveway and walkway were just replaced in Nov 2023 at a cost of 25k. Hurry - schedule your appointment to view today!

Features

  • Rooms: 6
  • Bedrooms: 4
  • Baths: 2 full / 1 half
  • Laundry: Inside, Laundry Room
  • Style: Mediterranean
  • Year Built: 1932
  • Garage: 3-car
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 3,595
  • Acreage: 0.35
  • Est. Taxes: $6,090
  • Lot Desc: In County, Unincorporated
  • View: Pool
  • Pool: In Ground
  • Appliances: Built-In Oven, Cooktop, Microwave
  • MLS#: U8251375
  • Days on Market: 157 days
  • Website: https://www.raveis.com
    /eprop/U8251375/5501batesstreet_seminole_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 1/6/2025 9:17:08 PM)
Listing courtesy of HECKLER REALTY GROUP LLC   Phone: 727-954-5199

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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5501 Bates STREET, Seminole, FL, 33772

$1,120,000

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $896,000 $896,000 $896,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.625% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.235% 6.723% 6.826%
Monthly Tax Payment $508 $508 $508
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,811 $5,737 $7,867
Total Monthly Payment $6,444 $6,370 $8,500

* 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.