Florida living at it's finest!! Don't miss out on this stunning, Key West style ranch, just a short walk to the Gulf of Mexico and St Pete Beach, one of the top rated beaches in the world. This property features a top of the line "Standing Seam" 100% Aluminum roof, installed in 2020, with an upgraded paint. The warranty still has years left on labor and a lifetime warranty on the material. Also, in 2020 a new Daikin, HVAC was installed with new ductwork throughout the house. (2020). All cast iron piping replaced with PVC in 2019. Enjoy your privacy with the split floor plan with a large master bedroom, and a luxurious ensuite. The hall bathroom has also been redone with exquisite finishes. Enjoy family dinners in the dining room, that has a sitting area for all your guests. The garage is clean as a whistle with concrete coated Epoxy flakes. The French doors lead to the custom designed heated pool/spa (2017), that is a dream come true. The expansive Travertine deck surrounds the Pebbletec brand Glass Blend, pool and spa. There is a newer Pentair multicolor lighting system, outdoor kitchen and outdoor bar with a Sonos system integrated with infinity WOW speakers. The backyard is one-of-a kind and ideal for outdoor entertaining!! Extra insulation (2020), Plantation shutters throughout, ADT and RING camera with flood light, so many extras we can't list them all. Must be seen to be appreciated. Bring this home back to life and just minutes to the #1 rated beaches, downtown St. Petersburg, Gulfport and the best dining and shopping in the area. Come see this magnificent opportunity today and make it yours tomorrow! The value allocation to the structure would allow repairs/improvements not to exceed $97, 871 based on the "50% Rule". Multiple quotes in the $70-$80k range have been obtained to bring this home back to life. All information is believed to be accurate. Buyers are encouraged to verify all information as they deem necessary in making their decision.
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Our Executive Mortgage Banker:
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$545,000
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 | $436,000 | $436,000 | $436,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 7.250% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.295% | 7.408% | 6.623% |
Monthly Tax Payment | $443 | $443 | $443 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,937 | $2,974 | $3,768 |
Total Monthly Payment | $3,472 | $3,509 | $4,303 |
* 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.