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1711 MICHIGAN AVENUE NE, St. Petersburg, FL, 33703 | $189,900
Short Sale. SOLD AS-IS, PROPERTY HAS FLOOD DAMAGE FROM HURRICANE HELENE. This property presents an exceptional opportunity to create a stunning new home or capitalize on the growing demand for luxury housing in one of the areas most desirable neighborhoods. The 50x100 lot currently features a solid block structure with 2 bedrooms, 1 bathroom, 818 sq. ft. , and a one-car garage. While the existing home has flood damage from Hurricane Helene, it has been fully remediated, offering the potential for renovation or redevelopment. The value here is undeniable--new construction homes on comparable lots are selling between $1. 1M and $1. 4M. Whether you're building a custom home or planning your next investment project, this property offers a golden opportunity to maximize returns in a high-demand market. Situated just minutes from the Downtown St. Petersburg Waterfront and St. Pete Pier, this property provides convenient access to marinas, golf courses, premier dining, boutique shopping, and vibrant entertainment. Outdoor enthusiasts will appreciate proximity to local parks, the Recreation Center, and Weedon Island Preserve for pickleball, tennis, swimming and kayaking. Families will love the convenience of the nearby Shore Acres Elementary, Mangrove Bay Middle School and brand-new YMCA. This tight-knit, vibrant neighborhood is known for its strong sense of community, featuring golf cart parades, block parties, social clubs and more. Note: No assignable contracts, subject-to offers, or wholesalers. Seller makes no warranties on any aspect of the property. Short Sale, subject to third party approval. Don't miss this opportunity to bring your vision to life in one of the most coveted neighborhoods. Call today for more information!
Features
- Rooms: 3
- Bedrooms: 2
- Baths: 1 full
- Lot Size: 50 x 100
- Laundry: Electric Dryer Hookup, In Garage, Washer Hookup
- Style: Ranch
- Year Built: 1969
- Garage: 1-car Driveway, Off Street
- Heating: Central
- Cooling: Central Air
- Approx Sq. Feet: 818
- Acreage: 0.11
- Lot Size: 50 x 100
- Est. Taxes: $2,161
- Lot Desc: Cleared, Flood Insurance Required, FloodZone, City Lot, Landscaped, Level, Near Golf Course, Near Marina
- View: Garden, Trees/Woods
- Elem. School: Shore Acres Elementary-PN
- Middle School: Meadowlawn Middle-PN
- High School: Northeast High-PN
- Pet Policy: Yes
- Appliances: Microwave
- MLS#: TB8325792
- Days on Market: 94 days
- Website: https://www.raveis.com
/prop/TB8325792/1711michiganavenuene_stpetersburg_fl?source=qrflyer
Listing courtesy of CENTURY 21 BEGGINS Phone: 800-541-9923
William Raveis Family of Services
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.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
1711 MICHIGAN AVENUE NE, St. Petersburg, FL, 33703
$189,900
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
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 | $151,920 | $151,920 | $151,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.058% | 7.063% | 6.132% |
| Monthly Tax Payment | $180 | $180 | $180 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $960 | $998 | $1,272 |
| Total Monthly Payment | $1,215 | $1,253 | $1,527 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388