720 64th Avenue

St. Pete Beach FL 33706

2030 sq. ft.

8224 sq. ft.

Single-Family

Currently for sale - view listing

Overview

PLEASE READ THIS VERY CAREFULLY BEFORE INQUIRING! This property is on a LAND LEASE. The house is being sold, not the land. The land lease is a 100 year land lease with 50 years left on it. The purchaser will be purchasing the house alone, not the land. The land lease fee is $675.50 per month. The land lease fee increases annually. The last increase was in March 2022 and it increased by $44.22 per month. Yearly increase amounts are based on the consumer price index for that year. Per Fannie and Freddie guidelines being on a land lease the way it is written, this property is not able to be financed so this also must be sold to a cash buyer. The land owner is not interested in selling the land, nor are they a part of this transaction. The land lease terms cannot be negotiated as part of this sale what so ever. The land lease will stay in place for the remainder of the term as of now, set to expire or renew in the year 2073. We do not have any information on whether the land owner will decide to sell in the future during the term of the remainder of the land lease. The homeowner is responsible for the property taxes and maintaining the property including the seawall, not the land owner. Now here?s the fun part. You can own this house and have the luxury of living on a waterfront property in the amazing location of St Pete Beach and park your boat, without paying the waterfront price! This house has 4 bedrooms, 2 bathrooms, a 2 car garage, has over 2000 square feet of heated living space and has a pool you can enjoy. When you drive up you will see the circular driveway giving this house the function to park multiple cars and beautiful curb appeal. Walking in you will see the main living room and dining room are connected and have ceramic tile throughout. In the back left corner sits the master bedroom featuring a walk in closet, en suite bathroom with a garden tub and separate shower. Across the dining room you have the open kitchen which is open to the family room which is perfect for entertaining. The other 3 bedrooms are on the right side of the house, separate from the master bedroom which is a feature desirable by many. The front right bedroom has 2 entrances, one from the laundry room and one from the hallway. The laundry room is inside the house as well. All bedrooms include carpet except the far back bedroom. This bedroom has ceramic tile and also has the luxury of sliding glass doors which bring you out to the pool, just like the master bedroom. You have can lights all throughout the house. The kitchen features a closet pantry, breakfast bar and newer appliances. You can look out to the water from the kitchen sink window. Lots of natural light in this home. In the back you have the screened in pool and lanai and outside of the screen there is some grassy area there for your pets. The best part is the waterfront. Situated in three palms point. There is a composite dock where you can park your boat or put some chairs and sit out there to enjoy your morning coffee with the view of the water. The kitchen appliances and the Air conditioner were replaced in 2020. Solid block construction. Perfect location just minutes from the famous Don Cesar and all of the amazing restaurants, bars and entertainment on St Pete Beach. The homeowner is responsible for paying the property taxes and the insurance on the home. For general inquiries, the land lease can be sent upon request via email. This is a great opportunity for the right buyer!