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2701 1st AVENUE S, St. Petersburg, FL, 33712 | $1,300,000
Welcome to modern living in the heart of Downtown St. Pete. Opportunity for Investors and Developers.
Conveniently located, this Lote is situated in the vibrant Arts District and active Grand Central District. Bordered by Kenwood and Palmetto Park neighborhoods, these locations can be characterized by a fun, laid-back, diverse, and artsy vibe. Quickly evolving, walkable, and eclectic streetscapes are filled with the trendiest, most inclusive, galleries, arts-centric bistros, boutiques, breweries, bars, restaurants, and coffee shops in all of St. Petersburg. Including popular attractions like the Pier, The Mahaffey Theater, Tropicana Field, and the Dalí Museum. The nearby PSTA SunRunner trolley offers convenient transportation to the Gulf beaches to the west or to downtown St Pete to the East.
This property has the house that has two stories with a 5-bedroom, 2-bathroom, kitchen, dining room, covered porch, and wide living room area. The wide 2-car garage space is actually used as a laundry room and storage by the owner. The house has different spaces outside including the considerable backyard where outdoor living had become a luxury to enjoy in the middle of the city.
This house has no important updates in its style and that is why It is for sale “As is”. The property offers many opportunities to improve, experiencing the perfect combination of timeless exterior architecture and best-of-class contemporary interiors although the owner consider it is a property to be developed. The crown jewel of this property is the lot size, approximately 7 000 sqft, ideally for developers who want to offer new innovative and unique living spaces with the most exclusive luxury details, similar to the comparables around it. This corner lot is the ideal space in Downtown St Pete to build 3 Townhomes or /and Commercial spaces. Subject Property sits high & dry out of evacuation zones.
Features
- Rooms: 9
- Bedrooms: 5
- Baths: 2 full
- Lot Size: 69 x 100
- Laundry: In Garage
- Year Built: 1938
- Garage: 2-car Covered, Garage Faces Side, Guest, Off Street, On Street, Oversized
- Heating: Central
- Cooling: Central Air
- Approx Sq. Feet: 3,194
- Acreage: 0.16
- Lot Size: 69 x 100
- Est. Taxes: $231
- Lot Desc: Corner Lot, Historic District, City Lot, Near Public Transit, Oversized Lot, Private, Sidewalk
- View: City
- Elem. School: Woodlawn Elementary-PN
- Middle School: John Hopkins Middle-PN
- High School: Gibbs High-PN
- Pet Policy: Yes
- Appliances: Disposal, Dryer, Electric Water Heater, Refrigerator, Washer
- MLS#: U8205411
- Days on Market: 186 days
- Website: https://www.raveis.com
/eprop/U8205411/27011stavenues_stpetersburg_fl?source=qrflyer
Listing courtesy of Miami Premier Realty Phone: 307-776-5666
William Raveis Family of Services
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.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
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- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
2701 1st AVENUE S, St. Petersburg, FL, 33712
$1,300,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,040,000 | $1,040,000 | $1,040,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.250% | 7.000% | 6.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.851% | 7.103% | 7.041% |
| Monthly Tax Payment | $19 | $19 | $19 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,095 | $6,919 | $9,275 |
| Total Monthly Payment | $7,239 | $7,063 | $9,419 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388