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Great property for investment or to make your own and have great income producing units. Located in the Historic Uptown and very close to Downtown St Petersburg. There are two buildings located on this tropically landscaped lot. The property consists of a 3 Bed, 1-1/2 Bath stand-alone home in the front that is 1, 152 SF. Plus a one car garage with washer and dryer hook up. A beautiful, covered porch with Cuban tile, decorative original hardwood floors, built-ins, pantry, and an outdoor courtyard space located between the 2 buildings. The second building is a duplex. The upper unit (532) is 1, 055 SF with 2 or 3 Bedrooms, 1 Bath. It has large living and dining area, Crown molding, and granite counters The Lower Unit (534) is 870 SF with 2 Bedrooms, 1 Bath with an enclosed porch that can be a den or a home office. There are wood floors throughout, granite counters and a claw foot tub. Both units have inside laundry. A great benefit is that a new roof was installed June of 2022 on the back building and a new roof installed on Main house and in December of 2024. This is a tenant occupied property so please do not approach the residence living at the house.
The Garage is for storage only. The floor cannot support a car.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,100,000
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
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $880,000 | $880,000 | $880,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.000% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.353% | 6.121% | 6.038% |
| Monthly Tax Payment | $1,326 | $1,326 | $1,326 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,066 | $5,276 | $7,367 |
| Total Monthly Payment | $6,517 | $6,727 | $8,818 |
* 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.