|
Welcome to 723 7th Ave N—your investment opportunity in the heart of Historic Uptown St. Petersburg! This charming and income-producing duplex offers two separate 1-bedroom, 1-bathroom units, giving you flexible options: live in one and rent the other, or rent out both and watch your investment grow.
The upstairs unit already has a tenant in place, offering immediate rental income. Whether you're a savvy investor or looking to offset your mortgage, this property checks all the boxes. The downstairs unit has a flex room to be an at home office or guest area. Both units shared a laundry room.
Perfectly positioned in one of St. Pete’s most walkable and vibrant neighborhoods, you’re just minutes to:
St. Anthony’s Hospital (a quick stroll)
The Hollander Hotel & Tap Room Restaurant (under 10-minute walk)
Historic Coliseum Ballroom
Downtown St. Pete's iconic spots like The James Museum, Vinoy Park, St. Pete Pier, and the Marina — all within a 10-minute drive
The upcoming SunRunner line will be just blocks away, offering rapid access to the Edge District, Tropicana Field, Historic Kenwood, and even St. Pete Beach—without needing a car!
Whether you're looking for a personal residence with supplemental income or a strategic addition to your portfolio, this property delivers the best of St. Pete living with unmatched convenience and earning potential.
Don’t miss your chance to own in one of the city’s most desirable and historic neighborhoods!
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$525,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $420,000 | $420,000 | $420,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 5.990% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.322% | 6.156% | 5.415% |
| Monthly Tax Payment | $385 | $385 | $385 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,418 | $2,515 | $3,349 |
| Total Monthly Payment | $2,895 | $2,992 | $3,826 |
* 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.