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Presented by
Linda O'Hara - Linda's Team |
Prime opportunity in the heart of St. Petersburg’s coveted Shore Acres neighborhood! Located across from the newly opened Mangrove Bay Middle School and the state-of-the-art Speer YMCA, this property presents a rare chance to create your dream home or investment project. The existing structure, previously impacted by Hurricane Helene is ready for your finishing touches or can be cleared for new construction. Zoned for Shore Acres Elementary and surrounded by modern, upscale homes, this lot offers the perfect canvas for a custom residence. Enjoy unparalleled convenience with Downtown St. Pete, waterfront parks, golf courses, marinas, and a vibrant dining and entertainment scene just minutes away. Outdoor enthusiasts will appreciate nearby tennis and pickleball courts, kayaking, and the natural beauty of Weedon Island Preserve. With NO HOA, close proximity to top-rated schools, beaches, and everyday conveniences, this is a truly rare redevelopment opportunity in one of St. Petersburg’s most desirable communities. Don’t miss your chance to build new in Shore Acres!
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:
$220,000
Luxury Properties Specialist
William Raveis Real Estate
Phone: 860.209.7044
Linda.OHara@Raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.641.8287
Dave.Beckman@raveis.com
NMLS Mortgage Loan Originator ID 10930
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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 | $176,000 | $176,000 | $176,000 |
| 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% | 6.304% | 5.628% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,013 | $1,069 | $1,426 |
| Total Monthly Payment | $1,088 | $1,144 | $1,501 |
* 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.