124 1st STREET W, St. Petersburg, FL, 33715 | $839,000

Under contract-accepting backup offers. ***Wow - 9' BASE ELEVATION; no water intrusion from Helene or Milton!*** This home offers a balance of modern upgrades, outdoor leisure, and an enviable location with a high walkability score; perfect for full-time residents or those looking for a second home to enjoy Florida's sunshine and beaches! Property highlights include solid block construction, 3 bedroom, 2 baths, 1 car garage, Terrazzo floors throughout - so easy to maintain, a newly installed (Dec 2024) custom designed kitchen with solid wood (maple and white oak) cabinets, premium quarts countertops with matching backsplash, and brand-new range, microwave, disposal and bar lighting. Baths have been updated too by prior owner approx. 2 yrs ago. Head out back to the large, covered porch; it spans the full width of the home, plus sparkling heated pool & spa (installed 2 yrs ago) surrounded by travertine pavers and a fire pit. Others features include all new in 2023 PGT windows and sliding doors throughout as well as a newer hurricane rated garage door. And there is more…an updated electrical panel, an irrigation system for easy lawn care, a large all-paver circular driveway and courtyard. A vinyl privacy fence surrounds the property (partially damaged in hurricane; repairs are scheduled and paid for to be completed early February). Owners say: "Tierra Verde is truly a hidden secret! We loved living on a quiet island that is beautiful, not so busy with congestion like some touristy areas, quick interstate access, easy stroll to four good restaurants, and so important that it is elevated higher more than most surrounding waterfront communities. ” TV is a highly desirable man-made island with lots of shops, restaurants, walking and biking trails, and so close to historic Ft. Desoto Park. And if you're a boater, you’re just steps away from your own boat or join the boat club at the marina and have with easy access to an incredible boating community and the Gulf of Mexico; so great for fishing, diving, exploring, and so much fun! Live with very easy access to the interstate allowing just a 15-minute drive to downtown St Pete, and 40 minutes to Tampa International Airport. Come enjoy the life you've always wanted and have it all; simplicity with a desirable, convenient lifestyle in a dream location!

Features

  • Amenities: Park, Pickleball Court(s), Playground, Recreation Facilities, Tennis Court(s)
  • Rooms: 6
  • Bedrooms: 3
  • Baths: 2 full
  • Lot Size: 75 x 110
  • Laundry: Inside, Laundry Closet
  • Style: Florida, Ranch
  • Year Built: 1964
  • Garage: 1-car Circular Driveway, Driveway, Garage Door Opener
  • Heating: Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 1,430
  • Acreage: 0.19
  • Lot Size: 75 x 110
  • Est. Taxes: $9,740
  • Lot Desc: Flood Insurance Required, FloodZone, City Lot, Level, Near Golf Course, Near Marina
  • Pool: Gunite, Heated, In Ground, Lighting, Salt Water, Tile
  • Appliances: Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Range Hood, Refrigerator, Washer
  • MLS#: TB8333522
  • Days on Market: 2 days
  • Website: https://www.raveis.com
    /prop/TB8333522/1241ststreetw_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 1/7/2025 10:02:07 PM)
Listing courtesy of LUXURY & BEACH REALTY INC   Phone: 727-800-5906

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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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Our Insurance Division:

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124 1st STREET W, St. Petersburg, FL, 33715

$839,000

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $671,200 $671,200 $671,200
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.625% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.559% 6.723% 6.847%
Monthly Tax Payment $812 $812 $812
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,353 $4,298 $5,893
Total Monthly Payment $5,257 $5,202 $6,797

* 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.