Located in the highly sought-after Shore Acres neighborhood, this . 14-acre lot (6, 194 sqft) offers endless potential for your dream home. The property is being sold as-is, with the existing structure needing significant remodeling to meet current codes or the option to tear down and build anew. Priced for land value, this is a unique chance to create a custom residence in a vibrant community. The existing home features good-sized bedrooms, a charming front porch, long-lasting luxury vinyl flooring throughout, a spacious living room, and an open kitchen with ample storage and counter space. The oversized one-car garage doubles as a workshop, perfect for hobbies or extra storage. Shore Acres offers more than just a great location—it’s a lifestyle. Just minutes away, the state-of-the-art Shore Acres Recreation Center, opened in 2022, features an impressive 6-lane swimming pool, an indoor gymnasium with basketball, volleyball, and pickleball, as well as a teen room equipped with games, movies, and more. Families can enjoy seasonal camps, arts and crafts in the Discovery Room, outdoor playgrounds, green spaces, and a basketball court. Don’t miss this opportunity to design your ideal home in one of St. Pete’s most desirable neighborhoods, close to vibrant community amenities and endless recreational possibilities.
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Our Executive Mortgage Banker:
Our Insurance Division:
$260,000
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 | $208,000 | $208,000 | $208,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.300% | 6.778% | 6.034% |
Monthly Tax Payment | $633 | $633 | $633 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,349 | $1,332 | $1,727 |
Total Monthly Payment | $2,057 | $2,040 | $2,435 |
* 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.