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Presented by
Raiche Lee Homes |
Under contract-accepting backup offers. Welcome to your new home at 657 26th Ave S, a stunning 2023 new construction property perfectly positioned for exceptional growth in a rapidly transitioning St. Petersburg neighborhood. This two-story, three-bedroom, 2. 5-bathroom home was built to modern standards, offering great savings on insurance and peace of mind with current building codes.
We love this location because it offers the best of St. Pete. You're just a short drive or bike ride from downtown's vibrant restaurants, bars, and museums, while also being close to nature retreats like the 14-acre waterfront Lassing Park and the 245-acre Boyd Hill Nature Preserve and its amazing walking trails. As this neighborhood continues its rapid revitalization, this home is a fantastic investment, positioned to provide significant future equity.
Inside, you'll find a bright, open floor plan featuring architectural LED lighting and custom cabinetry. Beyond the brand-new finishes, the owners have invested over $20, 000 in additional improvements, including a new lanai/screened-in porch, a backyard pergola with electricity, lush palm trees, and a full irrigation system.
Most importantly, the main living floor is elevated 11 feet above the Base Flood Elevation (BFE), with the garage floor at eight feet. This significant elevation provides a major advantage for flood risk mitigation, leading to exceptionally low insurance premiums, even in a flood zone that has historically seen minimal flood impact.
Don't miss your chance to own a modern, elevated, and meticulously improved home in one of St. Pete's most promising 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:
$495,000
Sales Associates
William Raveis Real Estate
Phone: 978.457.2198
RaicheLeeHomes@Raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 508.740.5922
Frank.Merola@raveis.com
NMLS Mortgage Loan Originator ID 1020051
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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 | $396,000 | $396,000 | $396,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 5.990% | 5.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.149% | 6.144% | 5.522% |
| Monthly Tax Payment | $599 | $599 | $599 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,217 | $2,372 | $3,183 |
| Total Monthly Payment | $2,891 | $3,046 | $3,857 |
* 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.