1250 Dr Martin Luther King Jr STREET N, St. Petersburg, FL, 33705 | $1,790,000
Under contract-accepting backup offers. ~~New Price~~Opportunity is knocking! This property has 4 homes on one property. This spectacular 1925 American Foursquare home has been meticulously maintained and renovated. In addition to the the home there are 3 guest cottages/apartments all updated and ready to rent. 2 of the apartments are 1 bed 1 bath with one being wheel chair accessible and the other is a studio apartment. Inside the main house there are 3 bedrooms upstairs with an ensuite master bath and a hall bath. Downstairs is a large living room with fireplace, sunroom and perfect front office area with separate entrance. There is a laundry room updated kitchen and dining area along with a 1/2 bath. The back yard is stunning with tons of space to entertain and a enjoy a beautiful plunge POOL. There is parking in the front driveway and in the back alley. This also has the Commercial designation CCT-1 so you can work/live/play all in the one place if needed. The possibilities are endless with this unique property and zoning. Located steps to Crescent Lake, steps to coffee shops and restaurants, literally minutes to the very vibrant downtown St Pete and Central Ave along with close proximity to I-275. This property really does earn the phrase location location location! See Video Tour https: //youtu. be/wXwYem9H02o. Main House is 2040 sq ft. The house and all of the apartments are all completely updated. Schedule a walk through today!
Features
- Rooms: 5
- Bedrooms: 6
- Baths: 5 full / 3 half
- Laundry: Common Area, Inside, Laundry Closet
- Year Built: 1925
- Garage: Alley Access, Boat, Covered, Curb Parking, Driveway
- Heating: Central, Natural Gas
- Cooling: Central Air, Mini-Split Unit(s)
- Approx Sq. Feet: 3,714
- Acreage: 0.19
- Est. Taxes: $8,183
- Elem. School: Woodlawn Elementary-PN
- Middle School: John Hopkins Middle-PN
- High School: St. Petersburg High-PN
- Pool: In Ground, Lighting, Outside Bath Access
- Appliances: Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Water Heater, Ice Maker, Microwave, Range, Refrigerator, Tankless Water Heater, Washer
- MLS#: U8207339
- Days on Market: 176 days
- Website: https://www.raveis.com
/eprop/U8207339/1250drmartinlutherkingjrstreetn_stpetersburg_fl?source=qrflyer
Listing courtesy of KELLER WILLIAMS ST PETE REALTY Phone: 727-894-1600
William Raveis Family of Services
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888.699.8876
Contact@raveis.com
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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
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
1250 Dr Martin Luther King Jr STREET N, St. Petersburg, FL, 33705
$1,790,000
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
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,432,000 | $1,432,000 | $1,432,000 |
| 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 | $682 | $682 | $682 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $9,769 | $9,527 | $12,771 |
| Total Monthly Payment | $10,576 | $10,334 | $13,578 |
* 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