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This is your chance to live in the heart of the St Pete in the beautiful Palmetto Park neighborhood within the Warehouse Arts District. 3 bedroom home with fully fenced-in yard!
The home is just blocks from the Central Avenue Business District. Walk to Tropicana Field. The SunRunner bus that is only 5 blocks to the north takes you to the beach in 30 minutes. Hop on the dedicated multi-use Pinellas Trail to bike downtown and to the Waterfront, St Pete Pier and Beach Drive!
This home is currently an income property and would also make the perfect owner-occupied home! It can also be used as a hybrid that could be rented month to month when not occupied by the owner. The lot is only going to become more valuable and could also be used to build your custom dream home!
The home is on the corner of 25th St S and 4th Avenue S. Walk to Grand Central, the center of Saint Petersburg and the Edge Business District. Walk a few blocks south to the Warehouse Arts District and browse all the Second Saturday art galleries! Only blocks to numerous microbreweries including 3 Daughters, Bayboro, Cage Brewing and more.
This house has two front doors, the front door on the right was previously a separate enclosed porch and could be converted back.
The Warehouse Arts District was just recently rezoned to allow mixed use commercial and residential construction and there are plans to develop the next Wynwood there! This is your opportunity to own a property in this wonderful and growing community.
Big living room with high ceilings. Galley kitchen opens to a huge dining area. Granite countertops. Three bedrooms with good closet space. Laundry room. Roof, mechanicals, windows, fixtures installed in 2015. New 200 amp electric panel installed in 2016. New HVAC installed in 2020. Home is sold As-Is.
This home is in a NON FLOOD ZONE and made it through the recent hurricanes with no damage. Owner is a licensed real estate agent.
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Our Executive Mortgage Banker:
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$349,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $279,200 | $279,200 | $279,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.887% | 6.790% | 6.014% |
Monthly Tax Payment | $391 | $391 | $391 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,696 | $1,788 | $2,319 |
Total Monthly Payment | $2,162 | $2,254 | $2,785 |
* 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.