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Discover the potential of this well-located property that has undergone recent remediation due to flood damage from Hurricane Helene. With its elevated positioning, this home has experienced its first and only flooding incident since its construction, ensuring it is not a repetitive flood loss property. Ideal for cash offers, the seller has meticulously addressed the flood damage, completing new drywall and installing luxurious plank flooring throughout. The remaining task of adding lower kitchen cabinets presents a straightforward finish, making this residence exceptionally manageable for renovation. Inside, an inviting open concept floor plan bathes the interior in natural light, highlighting a practical layout with the primary bedroom situated privately on one side, complemented by two additional guest bedrooms and a hall bathroom on the opposite wing. Expanding the living space outdoors, double sliding glass doors lead to a beautifully landscaped, fully fenced expansive backyard. Perfect for entertaining, a concrete patio awaits gatherings with friends and family, while a convenient shed provides ample storage. For nature enthusiasts, Crisp Park is a 2 minute drive or leisurely stroll away, offering recreational amenities such as a boat and kayak launch, playground, and picnic areas. Nearby, shopping, dining, and entertainment options are conveniently accessible within a 3-minute drive, ensuring everyday conveniences are within reach. When seeking further adventure, Downtown St. Pete and the dynamic St. Pete Pier beckon just 10 minutes away, promising world-class dining, cultural experiences, and endless entertainment opportunities. Seize this rare chance to own a piece of paradise in one of St. Petersburg's most coveted neighborhoods. Don't delay - schedule your showing today!
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $268,000 | $268,000 | $268,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.875% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.949% | 7.017% | 6.034% |
Monthly Tax Payment | $488 | $488 | $488 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,650 | $1,761 | $2,226 |
Total Monthly Payment | $2,213 | $2,324 | $2,789 |
* 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.