Presented byEd Perez |
Under contract-accepting backup offers. APARTMENT FOR GUESTS/RENTAL ABOVE 3-CAR GARAGE. This classic home sits on a corner lot of a tree-lined, brick paved street in St. Pete’s most desirable neighborhood, the Historic Old Northeast. This unique property supports the main home and a separate structure that encompasses a rare oversized 3-car garage below a 2 bedroom, 1 bath apartment (ADU); versatile space for guests, or renters for income opportunities. Recently renovated systems include a completely new Trane high efficiency HVAC system and ductwork for the main home, and new roofs including installation of hurricane clips on both the main home and apartment. Over-engineered when constructed, they don’t build homes like this today. Property is in Zone X, outside of the flood zone. Meticulous attention to detail is evident throughout the main home. The recently renovated kitchen features a honed granite island and counters, with solid wood cabinets and soft closure hinges. The adjoining gathering room extends the design of the kitchen as a dessert/coffee bar. Additional details include a wood-burning fireplace, 6” crown moldings, Wi-Fi enabled thermostats, walk-in closets, and custom blinds/shades. The private entrance apartment above the garage carries on the features of the main house while comfortably accommodating up to four family members or renters. The professionally hardscaped and landscaped yard, with irrigation supplied by your private well, creates a serene and private outdoor retreat. Convenience is at your doorstep, as this property is minutes to downtown attractions, waterfront parks, museums, Trader Joe's, and an array of restaurants and coffee shops. Embrace the vibrant lifestyle of the Old Northeast while enjoying the tranquility of this well-appointed home. Don't miss the opportunity to make 406 13th Ave NE your own – a perfect blend of classic charm and contemporary living in a prime St Petersburg location. St. Pete is Ranked #2 in TripAdvisor’s Travelers’ Choice Best of the Best Destinations 2024.
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$1,675,000
Sales Associate
William Raveis Real Estate
Phone: 203.526.7548
Ed.Perez@Raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 424.356.4321
Nico.Sharp@raveis.com
NMLS Mortgage Loan Originator ID 337556
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,340,000 | $1,340,000 | $1,340,000 |
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 | $1,222 | $1,222 | $1,222 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,141 | $8,915 | $11,951 |
Total Monthly Payment | $10,488 | $10,262 | $13,298 |
* 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.