Under Construction. Scheduled to be completed by August 2025, this stunning Modern Farmhouse by Canopy Builders, St. Petersburg's most sought-after builder, offers 2, 845 square feet of living space in the main house, along with a detached 2-car garage and a 589-square-foot Accessory Dwelling Unit (ADU) above. The ADU is a versatile space perfect for a home office, hosting visiting family, or generating rental income. It features one bedroom, one bathroom, a walk-in closet, full kitchen, pantry, and laundry area. The main house features four bedrooms, three bathrooms, a study, loft, and mudroom. Canopy's expert design team, known for bringing character to their projects, has carefully crafted this home with beautiful finishes and functional design. The chef's kitchen stands out with soapstone countertops and slab backsplash, a white oak island topped with marble, stainless steel appliances, and premium lighting and plumbing fixtures. Notice the attention to detail: cove crown molding, 10-foot ceilings on the first floor, 9-foot ceilings on the second, 8-foot interior doors, and engineered hardwood flooring throughout. The backyard offers ample space for barbecues and entertaining, with room designed for a future pool—ideal for enjoying Florida's hot summers. Built in a non-flood zone, this home provides peace of mind with no flood insurance required. Construction features include Hardie Board plank siding, impact-resistant windows, a tankless gas water heater, and Canopy's signature gas flame pendant light. Live and play in the highly desirable Old Southeast neighborhood, just steps from Lassing Park and a golf cart ride from downtown St. Petersburg. Schedule your private tour today!
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Our Executive Mortgage Banker:
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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 | $1,340,000 | $1,340,000 | $1,340,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.750% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.286% | 6.874% | 6.972% |
Monthly Tax Payment | $708 | $708 | $708 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,915 | $8,691 | $11,858 |
Total Monthly Payment | $9,748 | $9,524 | $12,691 |
* 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.