Shore Acres welcomes you home to this mid-century modern ranch on an extra deep lot in a highly desirable neighborhood. Situated just one block in from the St. Pete bay and multi-million dollar homes on Bayshore Boulevard NE, this home has been damaged by Hurricane Helene and is offered as an opportunity for subsequent buyers to renovate, rebuild, or for lot value. Open the door to a stunning, open concept floor plan flooded with natural light. A chef’s kitchen featuring a kitchen island opens up to a sizable living and dining room that leads you out to an oversized, deep backyard. A split floor plan offers a large en-suite bedroom suite to your left along with a hall bath and huge second bedroom. On the right side of the home is a third bedroom with an oversized laundry room offering plenty of storage. Positioned on an oversized lot, this is the perfect property to renovate, rebuild, and create your own dream home. Cash offers only, as-is — being sold for lot value, complete renovation, or redevelopment. Photos are from before Hurricane Helene and are for illustrative purposes only.
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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 | $399,920 | $399,920 | $399,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.443% | 7.133% | 6.256% |
Monthly Tax Payment | $610 | $610 | $610 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,694 | $2,658 | $3,373 |
Total Monthly Payment | $3,379 | $3,343 | $4,058 |
* 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.