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Welcome to the iconic Pink Streets of St. Petersburg—an extraordinary opportunity to create your waterfront dream home. Located at 1060 Friendly Way South, this rare open-water lot offers breathtaking, unobstructed views of Sunshine Skyway Bridge and the sparkling waters of Tampa Bay. Wake up to spectacular sunrises, watch boats glide by, and enjoy the ever-changing waterfront scenery from one of St. Pete’s most coveted neighborhoods. This expansive homesite spans over 17, 000 square feet, measuring approximately 92 x 193, and totals about 0. 41 acres, providing ample space to design a custom luxury residence with outdoor living, pool, and dock potential. The Pink Streets community is beloved for its vibrant character, coastal charm, walkability, and tight-knit neighborhood feel, all while being just minutes from Downtown St. Petersburg, world-class dining, waterfront parks, arts, and entertainment.
Enjoy effortless access to the Gulf beaches, major interstates, and regional travel hubs—approximately 25 minutes to Tampa International Airport and St. Pete–Clearwater International Airport, with Sarasota just about 25 miles away. This premier waterfront location offers the perfect blend of tranquility, convenience, and investment potential. Opportunities like this are exceptionally rare—build your legacy on one of St. Petersburg’s most iconic waterfront streets.
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:
$1,799,900
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 | $1,439,920 | $1,439,920 | $1,439,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.875% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.154% | 5.996% | 5.932% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $8,176 | $8,518 | $11,957 |
| Total Monthly Payment | $8,301 | $8,643 | $12,082 |
* 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.