St. Pete, Florida Millennial Newsletter

May 31, 2024 by The727Team
boat shell key sandbar

Anyone recognize this sandbar?

South St. Pete First Time Homebuyer Grant In Community Redevelopment Area

Another city funded grant for First Time Home Buyers! Here’s the link to the cities website outlining this program for you to read through.

The city is providing grants to encourage homeownership in a certain part of South St. Pete, also known as the Community Redevelopment Area.

How could this be beneficial to you? This part of St. Pete has been under developed and undervalued for a long time. If you secure a property in this area as a first time home buyer, you’re eligible for a forgivable loan that will cover a 20% downpayment on properties up to roughly $480,000 as long as you stay in this home as an owner occupant for 10 years.

Although most of this area has been underdeveloped – the vast majority of it is not in a flood zone. I’d recommend finding a block construction home in a non-flood zone for the highest potential for appreciation in value over the next 10 years. Feel free to call/text me @ 727-307-1111¬† if this sounds like something you might want to consider!

Events

Mega Friday Night Market

It looks like this market is mostly focused on Asian style food. Runs from 5:30-11 today May 31st as well as tomorrow June 1st. Here’s their Facebook page to check it out!

Freakin Warehouse Party

Ooo Arabian themed, body painting and belly dancers. What else is there to say? More info here on EventBrite.

Singles Mingle Dog Friendly @ Mutts & Martinis 

Go get yourself a wristband and practice your flirting skills you nerds. Dog friendly but not necessary to have one. Here’s the link.

In Conclusion

That’s it for this weeks newsletter. Looking for some more of the quality content you’ve come to expect from this website?? Definitely check out Top 8 Reasons Chris Formico is the best realtor in St. Pete and possibly the known universe. Have a good weekend!