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MOTIVATED seller! This awesome 2 bedroom 2 bath home sits directly in the thriving and rapidly developing Warehouse Arts District of St. Pete! Walk your way to breweries, the coffee shop, Morean Clay Center, Daddy Cool Records, 3 Daughters or to one of St. Pete's finest restaurants and distilleries, The Uban Stillhouse. In minutes you can be on the Pinellas trail or walking down Central Ave in the heart of The Grand Central District. There is a tremdous value-add due to it's remarkable versitility. Because of it's zoning designation, this charming house has endless possibilities, including commercial. You could open a studio, an art gallery, a cafe, even a microbrewery if you so choose. Or this lush and tropical retreat can be your primary residence, which the current owner, an artist, has lovingly crafted over time. This is a Live/Work zone where you can create, live, and work all under one roof. While the beating heart of St. Pete is close by, it may be difficult to leave the gorgeous outside space with it's winding brick and stone pathways and multiple courtyards beckoning you to relax and read a book or entertain with your family and friends. There are multiple mature trees on the property that provide great shade. There is a seperate entrance, with it's own porch, for one of the bedrooms and bathrooms--great for having guests. Lovely wood floors, Hawain Koa, flow through most of the house. There is outdoor storage and a small artist studio in the backyard that has it's own AC unit. The roof is BRAND NEW in 2025. This property is high and dry-- no flood insurance required and it's in a non-evacuation zone. There has been no storm related issues since the owner aquired the property in 2015. This is a unique and special property, well worth investigating as you look for a place in St. Pete to call home. Make arrangements today, while it's still available. Don't let this slip through your hands!
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William Raveis Mortgage, LLC
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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 | $373,600 | $373,600 | $373,600 |
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 | $31 | $31 | $31 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,361 | $2,454 | $3,127 |
Total Monthly Payment | $2,467 | $2,560 | $3,233 |
* 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.