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Presented by
The Geena Becker Team |
A once in a generation opportunity is NOW to create the home of your dreams in the iconic and picturesque Pink Streets of St. Petersburg. For the first time in over 30 years, one of the largest land parcels in this tranquil and coveted neighborhood is being offered for consideration. Situated at the southernmost tip of Pinellas County, and just across the street from the sparkling open waters of Tampa Bay, this estate-sized corner lot spans almost 1/2 acre, and is framed by the historic coral-pink winding streets and impressive and lush tree canopies that define the community. The lot encompasses over 19, 105 square feet of land, which is truly rare-to-find in St. Petersburg. The expansive size of the parcel (156’ x 120’) presents a unique opportunity for discerning builders, architects and future owners to design and create a residence of unparalleled creativity and grandeur, perfectly placed in this elegant and peaceful setting. The lot’s generous size provides flexibility for thoughtful design in scale and style in this neighborhood known for it’s distinctive aesthetic and charm. The Pink Streets community was developed in the early 1900s, and is celebrated for its rich history and iconic winding concrete pastel-pink streets, dotted with magnificent homes of varied architectural styles. It is truly a hidden gem. The lifestyle here is serene and elegant, with easy walkability to waterfront views and parks overlooking the Skyway Bridge, including Katherine B. Tippetts Park, the Tocobaga Indian Mounds and Bay Vista Park with boat ramp, playground and recreation facilities. The location is superb, offering easy access to both Tampa and Sarasota and multiple airports, and just a few minutes drive to bustling downtown St. Petersburg, and our gorgeous award-winning Gulf Coast beaches. A Buildable Lot Letter has been secured from the City of St. Petersburg. The lot is located in the NS-2 zoning district, and the property in its current configuration qualifies for a new build of a single family estate plus an accessory dwelling unit. Variances to adjust the current lot to accommodate for additional structures or individual homes may be pursued with the City by the future developer or owner. Buyers to verify all building and permitting details directly with the City of St. Petersburg. Listing agent and brokerage make no guarantees regarding future development approvals or variance outcomes. Don’t miss this truly rare opportunity to build in one of St. Petersburg’s most treasured neighborhoods.
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Our Executive Mortgage Banker:
Our Insurance Division:
$778,000
Luxury Properties Specialist
William Raveis Real Estate
Phone: 860.983.4446
Geena.Becker@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 860.463.1745
Russell.Baboff@raveis.com
NMLS Mortgage Loan Originator ID 1014636
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $622,400 | $622,400 | $622,400 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.258% | 6.292% | 5.628% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,583 | $3,782 | $5,044 |
| Total Monthly Payment | $3,675 | $3,874 | $5,136 |
* 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.