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This mid-century, masonry duplex sits in one of St. Pete Beach's most walkable pockets — a 3-4 minute stroll to Corey Avenue's shops, restaurants, and long-running Sunday Market, with Upham Beach's sand and Gulf water an easy bike ride or half-mile walk beyond. Directly across the street sits Horan Park and the city's family aquatic center, putting a beautifully maintained pool and waterfront green space just steps away — no private pool to maintain, just walk over and use theirs . . . Original terrazzo floors run throughout, a genuine mid-century touch . . . Two 1BR/1BA units plus a detached second structure occupy a 5, 375 sf lot, with recent updates including 2018 central AC, new ductless mini-splits, and a new electric water heater . . . Beyond those mechanical updates, this is a value-add opportunity — cosmetically and structurally, it's being offered as-is, priced to reflect the work ahead for the right buyer . . . The parcel is zoned TC-1, and according to the city's schedule of permitted uses, this district allows for a range of neighborhood-commercial uses — office, retail, take-out and full-service dining, artist studios and galleries, printing/copying, and commercial kitchens among them, several requiring no conditional use hearing . . . Buyers interested in exploring any change of use are encouraged to confirm scope and requirements directly with the City of St. Pete Beach Planning & Zoning Division as part of their due diligence . . . The property also holds a distinctive spot on the block: the only residential use remaining, flanked by a retail building and a medical office, with a gas station just behind — a walkable, livable duplex today, with real long-term flexibility built into its zoning! HURRY on this rare and unique opportunity . . . shown strictly by appointment . . .
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Phone: 888.699.8876
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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 |
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|---|---|---|---|
| Loan Amount | $319,920 | $319,920 | $319,920 |
| 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 | $340 | $340 | $340 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,916 | $2,020 | $2,657 |
| Total Monthly Payment | $2,331 | $2,435 | $3,072 |
* 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.