THIS IS NOT A FLIP! THIS HOME WAS IMPECCABLY REMODELED. new roof in 2021, hurricane impact windows, aluminum gutters, and deck; new central A/C in 2024, new insulation in attic and a skylight in kitchen for added illumination, large lot over 8500 sq feet. Tented for termites 2024 (in garage). Units have separate electrical meters, main house and cottage share water meter.
HIGH AND DRY! Discover the income potential with this property! Two separate units on a large lot. This property is located within minutes of downtown and the beaches. Perfect for investors seeking rental income or buyers interested in occupying the main home while generating income from the ADU (or vice versa), this property provides a world of possibilities in St. Pete.
Beautifully renovated 2 bedroom 2 bath 1941 home with small office area/bonus room. This property includes a detached 1 bedroom 1 bath fully permitted Accessory Dwelling Unit built in 2021. The main home is situated at the front of the property facing brick lined streets on 4th Ave North .
The main home features beautifully restored original oak floors, new tile in office and kitchen, granite countertops, new stove, refrigerator, dishwasher, garbage disposal, range, microwave, both baths renovated, large yard with mango tree separated by fence from ADU.
ADU was built to category 4 Hurricane code in 2021 and is 600 square feet. Efficient floor plan that includes a full bath and a spacious utility room that includes a stacked washer/dryer and some storage. Tile throughout, granite countertops, central a/c. Cottage was designed with front entrance facing the rear alley access to provide total privacy from the front home. Designated parking space adjacent to the cottage makes this a perfect extended family property or an investment opportunity. Garage for front house damaged by Hurricane Milton. Washer/dryer hook ups for main home located in garage. Garage not being repaired, property is being sold As Is .
Room sizes to be verified by buyer.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$625,000
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 | $500,000 | $500,000 | $500,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.404% | 7.133% | 6.236% |
Monthly Tax Payment | $189 | $189 | $189 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,327 | $3,323 | $4,217 |
Total Monthly Payment | $3,608 | $3,604 | $4,498 |
* 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.