7400 Locust STREET NE, St. Petersburg, FL, 33702 | $449,900

Ranch-style home waiting for you to customize! This property, which sustained first-time flood damage from Hurricane Helene, is being sold as-is with a 3-year-old roof, offering an ideal blank canvas for cash buyers to make their mark and craft something extraordinary. This 1824 sq ft, 3 bedroom, 2 bath, two-and-a-half car garage has a large front porch overlooking mangrove trees and the peaceful Weedon Island nature preserve. This home was completely mold-remediated in October and sits on a large corner lot with a quiet cul-de-sac of
only six houses. The master bathroom walk-in shower was remodeled and remains intact. Exterior features include whole house seamless gutters, a 6 ft vinyl/wood privacy fencing around the sides and back yard and a raised 10'x10' backyard shed. New hurricane impact windows in 2023, new roof in 2021, and the side garage door is a new fiberglass door. Home has flood insurance coverage for three years, effective 13 Dec 2024, which is transferable to buyers. You will be surrounded by parks, including Rio Vista Park, Northeast Park and Jack
Puryear Park—practically in your backyard, boasting tennis courts, soccer fields, and walking
trails. For you athletic enthusiast, St Pete recently opened its state-of-the-art, 75, 000 sq ft
SPEER YMCA, less than a five-minute drive or maybe a 10-minute bicycle ride. Enjoy a swing
at the public Cypress Links/Mangrove Bay 9-hole golf course or drive 10 minutes to the Vinoy
golf course. How about a peaceful paddle by kayaking through
the nature trails of Weedon Island? Just minutes away is the world-famous Sunken Gardens,
St. Pete Pier and downtown St Pete with all the shopping, restaurants, museums and city fun.
This is a wonderful location with so much to do nearby yet tucked away from main
thoroughfares. This is cash only - No contingencies, no assignable contracts, and no creative
financing.

Features

  • Rooms: 3
  • Bedrooms: 3
  • Baths: 2 full
  • Lot Size: 75 x 100
  • Laundry: Laundry Room
  • Year Built: 1972
  • Garage: 2-car
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 1,824
  • Acreage: 0.16
  • Lot Size: 75 x 100
  • Est. Taxes: $1,672
  • Lot Desc: Corner Lot, Cul-De-Sac, Flood Insurance Required, FloodZone, Near Public Transit, Sidewalk
  • View: Trees/Woods
  • Elem. School: Shore Acres Elementary-PN
  • Middle School: Meadowlawn Middle-PN
  • High School: Northeast High-PN
  • Pet Policy: Cats OK, Dogs OK, Yes
  • Appliances: Electric Water Heater
  • MLS#: TB8330972
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/TB8330972/7400locuststreetne_stpetersburg_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 12/27/2024 11:35:21 PM)
Listing courtesy of LIPPLY REAL ESTATE   Phone: 727-314-1000

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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7400 Locust STREET NE, St. Petersburg, FL, 33702

$449,900

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $359,920 $359,920 $359,920
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 $139 $139 $139
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,486 $2,425 $3,062
Total Monthly Payment $2,700 $2,639 $3,276

* 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.