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*** Priced BELOW Appraisal *** Income-Producing Historic Gem in Allendale Terrace!
This stunningly renovated 1925 home, moved to its prime corner lot in Allendale Terrace in 1946, is bursting with charm, character, and modern upgrades! Offering 4 bedrooms, 3 full bathrooms, and dual living quarters, this versatile property is perfect for homeowners, investors, or multi-generational families.
* Income-Producing Bonus! The property includes a fully furnished 1-bedroom, 1-bath apartment with its own private entrance, address, and electrical meter—ideal for rental income or a stylish in-law suite!
Inside the main home, enjoy a spacious split-bedroom layout, a luxurious primary suite, and cedar-lined closets in the secondary bedrooms. The blend of historic details—original windows, hardware, and beautifully restored plaster walls—with high-end modern upgrades gives this home a unique soul you’ll fall in love with.
** Major updates include:
• 2 Brand-New HVAC Systems
• All-New Electrical Wiring + 2 New Panels
• 2 New Water Heaters
• 2 Electric Fireplaces
• Modern Kitchen w/ Soft-Close Cabinets, Granite Counters, Stainless Steel Appliances
• Two In-Unit Washer/Dryers for convenience in both living spaces
Outside, fresh landscaping and lush new sod boost curb appeal, and the oversized corner lot offers ample parking and room to relax.
Location, Location, Location! Blocks from shopping and dining, less than 3 miles to vibrant downtown St. Pete, and only 20 minutes to Tampa International Airport, this home puts you at the heart of it all—world-class beaches, cultural gems, festivals, and more.
Situated on a high and dry lot, this property has never flooded, and NO Storm damage even during Hurricane Helene or Hurricane Milton—offering peace of mind and long-term value.
**Don’t miss your chance to own a one-of-a-kind, income-producing property in one of St. Pete’s most desirable neighborhoods — **and at a price below appraised value! Schedule your showing TODAY!
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Our Executive Mortgage Banker:
Our Insurance Division:
$689,000
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 | $551,200 | $551,200 | $551,200 |
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 | $454 | $454 | $454 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,760 | $3,714 | $4,689 |
Total Monthly Payment | $4,306 | $4,260 | $5,235 |
* 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.