Make your dreams of Shore Acres living a reality and build your dream home or renovate the existing 2 bedroom, 2 bath, 2 car garage home. Previously loved by the same family for over 40 years with NO prior flooding and recently updated; this open floorplan features two nice sized bathrooms with upgraded tile showers, new a/c and heat pump, new hurricane impact windows, stylish shaker kitchen cabinets with granite countertops and upgraded lighting and electrical throughout. Glass doors open out to an inviting covered and screened patio and the oversized fenced-in yard has plenty of room for pool. Shore Acres is located minutes from downtown St Petersburg with The Pier and all of the amenities of Downtown St Petersburg. Shore Acres is a popular neighborhood that has plenty of sidewalks for daily walkers and nature lovers and is golf cart friendly. Other local attractions include Denver Park, Mangrove Bay Golf Course, and the St Pete City Trail right around the corner with an easy commute to Tampa and the Tampa International Airport. This wonderful home site is ready for a new family or investor to refinish or build new. Home was flooded by Helene, with NO prior flood damage and has been properly remediated. Property is being sold AS-IS with no inspections and without any warranties from the seller. Presented at LAND VALUE ONLY with a 7, 710 sq ft lot.
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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% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.278% | 7.159% | 6.276% |
Monthly Tax Payment | $412 | $412 | $412 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,945 | $1,967 | $2,496 |
Total Monthly Payment | $2,432 | $2,454 | $2,983 |
* 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.