Located on an expansive 63 x 120-foot lot, this solid block home presents a fantastic opportunity for redevelopment or a custom build in the sought-after waterfront community of Shore Acres in Northeast St. Petersburg. The impressive backyard features a large swimming pool, spa, paver patio, and outdoor shower. The current layout features 2 bedrooms, 2 baths, and a 2-car garage, with easy conversion to a 3-bedroom floor plan. Prime location! Enjoy a short golf cart ride to the vibrant Downtown Waterfront, golf courses, marinas, dining, shopping, entertainment, and the iconic St. Pete Pier. Nearby parks, a state-of-the-art recreation center, and the new YMCA offer endless activities, from pickleball and tennis to kayaking at Weedon Island Preserve. Top-rated schools, including Shore Acres Elementary and Mangrove Bay Middle, are just minutes away. Become part of a welcoming neighborhood known for block parties, golf cart parades, and active social clubs. CASH OFFERS ONLY DUE TO FLOOD DAMAGE FROM HURRICANE HELENE. This property is sold as-is for lot value for redevelopment or new construction, with no inspection contingencies. Seize the opportunity to build your dream home or next investment project. Schedule your private showing today!
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William Raveis Real Estate
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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 | $239,200 | $239,200 | $239,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.191% | 7.171% | 6.276% |
Monthly Tax Payment | $360 | $360 | $360 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,571 | $1,590 | $2,017 |
Total Monthly Payment | $2,006 | $2,025 | $2,452 |
* 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.