Welcome to a rare opportunity in the prestigious Snell Isle neighborhood of St. Petersburg! This 5-bedroom, 3-bathroom home, with its current footprint of 2, 748 square feet, stands as a blank canvas awaiting your creative vision. Nestled on a spacious quarter-acre lot along the pristine Vinoy Golf Course, this property offers unparalleled views that redefine the essence of tranquility. The true value lies in the expansive golf front lot, where you can transform the existing home into your dream house or go the route of a tear-down for a fresh start for your new construction vision. The possibilities are endless, allowing you to reimagine the space and create a residence that perfectly suits your lifestyle. With a stellar location directly on the golf course and in one of the most sought-after waterfront communities, this property is a prime investment for those with a discerning taste for luxury. Snell Isle, developed in the 1920s, boasts a rich history and architectural diversity. The European and Spanish-inspired designs, along with multi-million-dollar mansions and mid-century Florida-style homes, create a captivating tapestry throughout the neighborhood. The streets are adorned with majestic Canary Palms and lush landscaping, complementing the shimmering water surrounding Snell Isle. This property doesn’t just have the potential to be the home of your dreams; it's a gateway to an exclusive lifestyle. Enjoy the championship Vinoy Golf Course and Country Club, the St. Petersburg Yacht Club Snell Isle Marina, and the St. Petersburg Women’s Club, all within your community. With only a mile's distance to downtown St. Petersburg, you'll have easy access to its vibrant atmosphere. The popular 4th Street shopping corridor is just minutes away, and Tampa International Airport is less than 30 minutes by car. Embrace the convenience of being centrally located, with award-winning beaches, interstate access, and a myriad of activities at your fingertips. Seize this opportunity to transform this property into the home of your dreams, surrounded by the rich history and upscale living that defines Snell Isle. Your blank canvas awaits – redefine luxury living in this coveted St. Petersburg community!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,350,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,080,000 | $1,080,000 | $1,080,000 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,368 | $7,185 | $9,632 |
Total Monthly Payment | $7,493 | $7,310 | $9,757 |
* 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.