3-Property Portfolio in St. Pete Beach (being sold with 509 69th Ave Duplex and 69th Ave Vacant Lot)
Discover an unparalleled investment opportunity in the heart of the highly coveted St. Pete Beach area, ranked as having the #1 beaches in America! This rare offering includes three properties sold together, providing incredible potential for income generation, redevelopment, or creating your dream home in paradise.
This unique portfolio features:
Two duplex units, each offering cozy, well-maintained spaces perfect for short- or long-term rentals.
A charming cottage, brimming with character and rental appeal.
A vacant lot, ready for expansion opportunities. Build additional units, a luxurious residential home, or create your own tropical oasis.
Located just a short stroll or bike ride from the sugar-white sands and turquoise waters of St. Pete Beach, these properties are ideally situated near vibrant shopping, dining, and nightlife. Enjoy easy access to local favorites, from beachfront bars and award-winning restaurants to boutique shops and lively entertainment venues. The area’s laid-back atmosphere and picturesque beauty make it a favorite for vacationers and locals alike.
Whether you’re an investor looking for immediate rental income, a developer seeking the perfect build opportunity, or a homeowner ready to embrace coastal living, this portfolio delivers unmatched flexibility and potential.
Don’t miss the chance to own a piece of paradise in one of Florida’s most desirable locations!
Contact us today to schedule a private showing and explore the endless possibilities.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,700,000
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 | $1,360,000 | $1,360,000 | $1,360,000 |
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 | $533 | $533 | $533 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,048 | $8,821 | $12,035 |
Total Monthly Payment | $9,706 | $9,479 | $12,693 |
* 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.