5621 16th LANE NE, St. Petersburg, FL, 33703 | $575,000

NEVER FLOODED - BUILT IN 1979!

This stunning lakefront home in the desirable Twin Lakes subdivision of Northeast St. Petersburg offers serene waterfront living and an impressive list of upgrades. Sitting high on the lot, this property has never flooded! Wake up to breathtaking sunrises over the lake right outside your back door. Sip your morning coffee on the patio while taking in the tranquil view. Inside, the thoughtfully designed split floor plan features three bedrooms and two bathrooms, including a luxurious master suite with hardwood flooring, a spacious walk-in closet, and sliding glass doors that provide sweeping lake views. The beautifully updated kitchen is a chef’s dream, boasting granite countertops, wood cabinetry, and stainless steel appliances. Ceramic wood plank flooring runs throughout the home, adding both style and durability. You'll also find ample closet space and premium plantation shutters in the main living areas and bedrooms, with remote-controlled honeycomb shades on sliding doors in the living area and master bedroom for added convenience. This home is built for both comfort and efficiency. Recent upgrades include Level 5 High Impact windows and sliders, an impact-rated garage door, and a new 3-ton Carrier Performance Series HVAC system (complete with replaced ductwork, grills, and additional returns). A 16kW natural gas generator ensures you're always prepared, while the addition of natural gas powers the newer gas stove, dryer, and water heater. Further improvements include a roof replacement with dimensional shingles, 3rd nails installed for enhanced wind mitigation insurance discounts, new pavers at the front entry for improved drainage, French drains, and a new ceiling in the garage. The landscaped yard, complete with an irrigation system, provides excellent curb appeal. This home truly has it all—style, functionality, and location. Situated in the highly sought-after Shore Acres school district, it’s ready for its next chapter. Don’t miss this incredible opportunity to own a lakefront gem in one of St. Petersburg's most desirable neighborhoods!

Features

  • Amenities: Pickleball Court(s), Playground, Pool
  • Rooms: 3
  • Bedrooms: 3
  • Baths: 2 full
  • Lot Size: 75 x 110
  • Laundry: In Garage
  • Style: Ranch
  • Year Built: 1979
  • Garage: 2-car Garage Door Opener
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 1,463
  • Acreage: 0.19
  • Lot Size: 75 x 110
  • Est. Taxes: $5,228
  • View: Water
  • Elem. School: Shore Acres Elementary-PN
  • Middle School: Meadowlawn Middle-PN
  • High School: Northeast High-PN
  • Pet Policy: Cats OK, Dogs OK
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range, Range Hood, Refrigerator, Washer
  • MLS#: TB8336890
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/TB8336890/562116thlanene_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 1/10/2025 4:55:33 AM)
Listing courtesy of CORCORAN DWELLINGS   Phone: 727-888-4663

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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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5621 16th LANE NE, St. Petersburg, FL, 33703

$575,000

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $460,000 $460,000 $460,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 7.125% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.330% 7.295% 6.538%
Monthly Tax Payment $436 $436 $436
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,060 $3,099 $3,944
Total Monthly Payment $3,588 $3,627 $4,472

* 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.