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Rare opportunity to build your dream home in the highly desirable Coquina Key neighborhood of St. Petersburg. This cleared residential lot offers a generous 76x99 footprint with approximately 7, 388 square feet, giving buyers flexibility to design a beautiful new single-family residence. Whether you envision a classic Florida ranch-style home similar to the original residence, a thoughtfully updated coastal bungalow, or a larger custom build, this property presents an incredible chance to create something special in an established waterfront community.
Located on a quiet residential street surrounded by single-family homes, mature landscaping, and tropical palms, this lot offers the ideal setting for those seeking the St. Pete lifestyle. Enjoy close proximity to downtown St. Petersburg, waterfront parks, boat ramps, marinas, the St. Pete Pier, beaches, dining, shopping, and major commuter routes. The previous home has been removed after sustaining fire damage, saving buyers time and cost in the redevelopment process.
Coquina Key continues to be one of St. Petersburg’s most sought-after neighborhoods, offering island living with unbeatable access to the best of Tampa Bay. Buyer to verify all zoning, setbacks, building requirements, utilities, flood zone, elevation requirements, and permitted uses with the City of St. Petersburg and appropriate agencies.
Build your next home or investment property in one of St. Pete’s most convenient coastal communities.
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Our Executive Mortgage Banker:
Our Insurance Division:
$195,000
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 |
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|---|---|---|---|
| Loan Amount | $156,000 | $156,000 | $156,000 |
| 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 | $635 | $635 | $635 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $934 | $985 | $1,295 |
| Total Monthly Payment | $1,644 | $1,695 | $2,005 |
* 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.