**THIS PROPERTY HAS FLOOD DAMAGE FROM HURRICANE HELENE** CASH OFFERS ONLY! SOME PHOTOS ARE FROM PRE-HURRICANE. Being sold for lot value or complete renovation, lifting, or redevelopment. Sold as-is, CASH only, no wholesalers, no assignable contracts, no subject-to. Priced at land value and is perfect for redevelopment or new construction. Cash Offers only - SOLD AS-IS with no inspection contingencies. This is an investment or redevelopment opportunity, seller cannot warrant any aspects of the property. Welcome to this block construction home nestled in the desirable northeast area of St. Petersburg. This residence is a true treasure boasting 5 bedrooms, 3 full bathrooms, and nearly 2200 square feet of cooled living space. The layout of the home is exceptionally versatile, offering an ideal floor plan with a separate in-law or nanny suite featuring its own private entrance and full bathroom with a walk-in glass shower. On the opposite side, the spacious primary bedroom awaits, complete with an ensuite bathroom and two built-in closets. Three additional generously sized bedrooms share a hallway bathroom. At the rear of the home, a vast family room opens onto a large screened paver lanai, perfect for enjoying the Florida sunshine and entertaining guests. Beyond lies ample backyard space, complete with a shed and additional storage closet, ideal for all your storage needs. The lush lawn is kept vibrant with reclaimed water irrigation, while the HVAC system, installed in 2023, ensures year-round comfort. Located in the vibrant community of Shore Acres, residents enjoy a strong sense of community with amenities including an upscale neighborhood market within walking distance. Embrace the charm of golf cart-friendly streets and annual neighborhood events, from festive holiday parades to lively boat regattas. Nearby parks and trails offer opportunities for outdoor enthusiasts to explore picturesque landscapes on leisurely strolls or bike rides. Conveniently situated just minutes from downtown St. Petersburg's eclectic shops, renowned restaurants, and the glistening waters of Tampa Bay. Don't miss the opportunity to rebuild this remarkable residence. Schedule your private showing today and make Shore Acres your new place to call home! **Cash only due to hurricane damage**
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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 | $220,000 | $220,000 | $220,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | $250 | $250 | $250 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,519 | $1,482 | $1,871 |
Total Monthly Payment | $1,844 | $1,807 | $2,196 |
* 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.