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Under contract-accepting backup offers. One or more photo(s) has been virtually staged. Amazing and rarely offered opportunity in St Pete’s best kept secret. The Palmetto Park district is a Non flood and Non evacuation zone that borders the broadening Edge and Warehouse Arts districts while laying quietly steps away from Central Avenue’s continual expansion and progression. 2nd Ave S is just far enough away to not be burdened by late night activity but close enough to walk to some of the city’s premiere coffee, dining, breweries, arts, health, and entertainment venues. The Pinellas trail is just a half mile away. The options from this location are endless even without driving. Within the property you will find a modest and freshly painted 1215 square foot 3 bedroom 2 bathroom with an open kitchen/dining, and living room concept in the front with the bedrooms in the rear of the home. Brand new central heat/air system and the roof was replaced in 2018. The back side of the property is completely fenced with new 6 ft vinyl fencing. There is a concrete back driveway with an automated gate that is accessed from the rear alley and a separate swing gate that opens to allow for access from the corner of 28th St and the alley for storage of adult toys such as a boat or RV. Owner currently stores a 31ft travel trailer in the back yard and has had a 50 amp breaker box installed to keep the batteries charged. Additionally, there is a covered rear patio containing a functioning 6 person hot tub with an outdoor tv hook up.
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Our Executive Mortgage Banker:
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$510,000
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
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $408,000 | $408,000 | $408,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.360% | 7.290% | 6.404% |
Monthly Tax Payment | $278 | $278 | $278 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,783 | $2,749 | $3,471 |
Total Monthly Payment | $3,153 | $3,119 | $3,841 |
* 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.