Charming WATERFRONT LOT in GRANADA TERRACE HISTORIC DISTRICT, St. Petersburg. Discover an extraordinary opportunity to build your dream home in the highly sought-after Granada Terrace Historic District, nestled within the heart of St. Petersburg's cherished Old Northeast neighborhood. This 65 x 155 vacant lot offers breathtaking views of Coffee Pot Bayou, with boating access to the Gulf of Mexico and the waters of Tampa Bay. Across the street, an additional 20 x 120 parcel with riparian rights allows you to construct your own custom dock and lift, ensuring seamless access to the water for all your recreational needs. Granada Terrace is celebrated for its timeless Mediterranean Revival architecture, it's one of the city's oldest and most sought out areas, known for its charming historic homes, brick streets, lush landscaping, and vibrant community atmosphere. Established in February 1924 by renowned developer C. Perry Snell, the neighborhood features gracefully curved streets, circular plazas, and parkways that exude historic charm and elegance. At its heart lies Granada Park, a serene green space with stunning views of Coffee Pot Bayou. Steps away from the lot, you'll find the bayou’s semi-circular waterfront vista, complete with a wide concrete terrace, elegant steps to the water, and a pergola with inviting benches for tranquil waterfront moments. Living in this vibrant community means embracing a lifestyle that blends history, elegance, and convenience. Stroll along tree-lined streets, admire the beautiful architecture, and enjoy kayaking or paddle boarding just moments from your doorstep. The neighborhood’s close proximity to Downtown St. Petersburg offers world-class dining, boutique shopping, and cultural attractions like the Salvador Dalí Museum, Mahaffey Theater, and the newly revitalized St. Pete Pier. Nearby, the iconic Vinoy Resort and St. Pete Yacht Club add to the area’s appeal, while year-round events such as Grand Prix racing, art and music festivals, and Rays Baseball create a dynamic and engaging community atmosphere. Seize the opportunity to craft your dream home and enjoy a life filled with waterfront beauty, historic charm, and modern conveniences. Call today for more information about this exceptional property!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,750,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,400,000 | $1,400,000 | $1,400,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.545% | 6.748% | 6.932% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,080 | $8,964 | $12,389 |
Total Monthly Payment | $9,205 | $9,089 | $12,514 |
* 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.