7975 58TH AVENUE N, #111, St. Petersburg, FL, 33709 | $165,000

Under contract-accepting backup offers. 2 Bedroom, 2 Bath, highly sought after first floor unit close to end of the building has many windows providing fresh air and loads of natural lighting. Huge bedrooms have large closets, one is a walk in. Bathrooms located right next to each bedroom. Bathrooms are good size, one with a tub, the other has a shower. Both need some updating but totally functioning as is. Ceiling fans in all rooms. Only first floor units have an outdoor patio. Slider in kitchen opens to an attached screened in lanai. Located in front of pond, with beautiful view and many shade trees. Building has 2 laundry rooms, but closet in kitchen designed for adding your own washer and dryer if you prefer your own. Kitchen has newer refrigerator, dishwasher, garbage disposal. Range needs to be replaced. Pantry besides many kitchen cabinets. A/C unit is powerful and about 5 years young. Small storage space in common area included. Common area is cleaned regularly. Security patrols all day and night. Included in HOA is gas heat, cable service (internet and TV), water, sewer, trash removal. Unit comes with brand new, covered carport to be installed in May. Jefferson building has adequate pooled reserves, so you don't have to worry about assessments, and is pet friendly. Snowbirds or full time residents dream condo. 5 towns has many upgrades planned, including a pool cafe.
Pools are heated and the Magnolia pool, located across the street from this condo, is salt water and has a hot tub spa. Many amenities included in your HOA fee, which is very reasonable for everything you are getting. Amenities include 6 pools and a spa, billiard room, library, meeting room, card and game room, workout facility, large party and meeting room -all located across the street at Magnolia pool clubhouse. Oleander clubhouse located nearby also has similar including a movie theatre with free movies on Fridays. Many free clubs onsite to join. Also included are tennis courts, bocce ball, horseshoes, pickle ball, and more. Publix grocery store within walking distance.
This is a great opportunity for investor or committed homeowner to Update this condo to create your dream Kitchen, and Bathroom retreat. This unit comes with a covered carport parking space conveniently located few step from the unit (Carport #42).

Features

  • Heating: Electric
  • Cooling: Central Air
  • Levels: 1
  • Rooms: 5
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Common Area
  • Complex: TERRACE PARK OF FIVE TOWNS
  • Year Built: 1979
  • Common Charge: $738 Monthly
  • Approx Sq. Feet: 1,135
  • Acreage: 2.36
  • Est. Taxes: $467
  • Adult Communities: Yes
  • Pet Policy: Breed Restrictions
  • Appliances: Refrigerator
  • MLS#: TB8360952
  • Days on Market: 10 days
  • Website: https://www.raveis.com
    /prop/TB8360952/797558thavenuen_stpetersburg_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 5/9/2025 1:05:02 AM)
Listing courtesy of CHARLES RUTENBERG REALTY INC   Phone: 727-538-9200

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

7975 58TH AVENUE N, #111, St. Petersburg, FL, 33709

$165,000

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

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $132,000 $132,000 $132,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.375% 6.875% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.995% 7.037% 6.046%
Monthly Tax Payment $39 $39 $39
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $824 $867 $1,096
Total Monthly Payment $938 $981 $1,210

* 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.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.