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Rarely does a property offer this much flexibility, character, and opportunity in one package. Whether you're searching for a multi-generational living arrangement, a private guest residence, or the ability to offset expenses with rental income, this unique property opens the door to countless possibilities in high & dry Central Oak Park.
The front residence is a delightful Craftsman-style bungalow that immediately feels like home. A sprawling screened and enclosed front porch welcomes you inside, where original hardwood floors, a fireplace, crown molding, textured walls and ceilings, and abundant natural light create an atmosphere that is both warm and inviting. Thoughtful built-ins from yesteryear add personality and function, while the formal dining room provides the perfect setting for everyday meals and special gatherings alike. The home offers three bedrooms, one bath with updated flooring, a newer roof, and natural gas service. The primary bedroom features two closets, and a side porch currently serves as the laundry area.
Tucked away beyond the main residence, the detached rear home offers privacy and independence with its own living room, kitchen, two bedrooms, one bath, laundry room, separate water heater, and covered patio overlooking the fenced yard. A substantial storage area presents exciting potential for a workshop, hobbies, additional storage, or future garage conversion.
Properties like this are increasingly difficult to find. Two separate homes on one parcel create opportunities that adapt to life's changing needs—whether accommodating extended family, providing space for guests, creating a work-from-home environment, or generating additional income.
Adding to the appeal is an outstanding location just outside Historic Kenwood and the vibrant Grand Central District, placing an array of popular restaurants, local shops, galleries, breweries, and entertainment venues within easy reach. The nearby SunRunner station makes getting to downtown St. Petersburg or the Gulf beaches remarkably convenient, allowing you to leave the car behind and enjoy the best of both destinations. Combining versatility, character, and an unbeatable location, this is a truly special opportunity in St. Petersburg's fabulous Central Oak Park.
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.
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Our Executive Mortgage Banker:
Our Insurance Division:
$495,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $396,000 | $396,000 | $396,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.615% | 5.952% |
| Monthly Tax Payment | $509 | $509 | $509 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,372 | $2,500 | $3,288 |
| Total Monthly Payment | $2,956 | $3,084 | $3,872 |
* 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.