520 Bay Laurel COURT NE, St. Petersburg, FL, 33703 | $2,225,000

DREAM OPPORTUNITY! Over 9 feet base elevation with low assumable flood insurance ($1, 082/yr). This is the one you've been dreaming of. Soaring ceilings, jaw dropping kitchen, incredible layout, 3 car garage with Tesla charging station and solar energy which means low cost energy bills under $100 per month! Can't beat that for a home of this size. 5 bedrooms, 4. 5 bathrooms, oh and did we mention it's a WATERFRONT property with a 13k boat lift and access to Tampa Bay?! Now that we have your attention, keep reading there's so much to be said about this truly unique property. Located behind the gated neighborhood of Placido Bayou you will find one of St Petersburg's best kept secrets. Lush and tropical neighborhood with sidewalks, lakes, and neighbors out and about enjoying the sunshine. One of only 26 truly waterfront homes on the tree lined dead-end street. This elegant executive styled home boasts cathedral ceilings, and generous living spaces that all open up to the backyard and patio. Primary retreat is exceptional with many closets including an enviable walk-in, en-suite bathroom with soaking tub, walk-in shower, dual vanities and plenty of space to add your own touch. There are two additional bedrooms and two full bathrooms located on the main level of this home. The central hub of all homes, this kitchen is unreal! Gorgeous marble countertops, custom cabinetry, and all the appliances you could need. New 48-inch dual-fuel pro range with double ovens, gas range, induction cooktop, and built-in Sous Vide! Built-in Miele coffee machine, wine/beverage cooler, ice maker, and a custom ladder to reach the plethora of storage. Walk-in pantry storage. Eating space in the kitchen, and Family room are all located off of the kitchen. Second floor features a loft area, two very large bedrooms connected with a full bathroom and each has its own sink, vanity, and toilet. The entire rear of the home opens up to the patio/pool area that is perfect for Florida lifestyle entertaining. Outdoor gas grill, room for dining, and lounging. Pool with spillover spa. Riprap barrier and large dock with a 13k boat lift. Tesla solar panels and 3 backup powerwalls that allow the home to run on battery and store the energy created from the solar panels. Tesla charging station ready for your electric vehicle. Easy water access to Tampa Bay. 10 minutes to Downtown St Petersburg, 20 minutes to the Tampa Bridges, and 25 minutes to our World famous white sandy Beaches. Come see why so many choose to call Placido Bayou home.

Features

  • Amenities: Gated
  • Rooms: 4
  • Bedrooms: 5
  • Baths: 4 full / 1 half
  • Laundry: Inside, Laundry Room
  • Style: Florida, Mediterranean, Traditional
  • Year Built: 1993
  • Garage: 3-car Driveway, Electric Vehicle Charging Station(s), Garage Door Opener, Ground Level
  • Heating: Electric, Natural Gas, Propane, Solar
  • Cooling: Central Air, Zoned
  • Approx Sq. Feet: 3,855
  • Acreage: 0.28
  • Est. Taxes: $18,090
  • HOA Fee: $145 Monthly
  • Lot Desc: Flood Insurance Required, FloodZone, City Lot, In County, Landscaped, Near Golf Course, Near Marina, Near Public Transit, Sidewalk, Street Dead-End
  • View: Water
  • Pool: Gunite, In Ground, Outside Bath Access, Salt Water
  • Pet Policy: Yes
  • Appliances: Dishwasher, Disposal, Electric Water Heater, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Water Purifier, Wine Refrigerator
  • MLS#: U8235710
  • Days on Market: 43 days
  • Website: https://www.raveis.com
    /eprop/U8235710/520baylaurelcourtne_stpetersburg_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 5/10/2024 10:02:10 AM)
Listing courtesy of NORTHSTAR REALTY   Phone: 727-528-7653

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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

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Our Insurance Division:

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520 Bay Laurel COURT NE, St. Petersburg, FL, 33703

$2,225,000

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 $1,780,000 $1,780,000 $1,780,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.875% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.851% 7.014% 6.915%
Monthly Tax Payment $1,508 $1,508 $1,508
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $11,992 $11,693 $15,751
Total Monthly Payment $13,625 $13,326 $17,384

* 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.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.