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Active under contract - Condominium for sale
7975 58TH AVENUE N UNIT 408, St. Petersburg, FL
Facts & features
Why you’ll love it
Under contract-accepting backup offers. Investor Special! Top floor waterfront 2 bedroom in the Jefferson Building at Five Towns, the premier 55+ condominium community for active seniors. This unit has been foreclosed and is bank owned. It has been prepped for rehab, so come take a look. No carpet, just concrete in most areas. Great floor plan with a connected washer in the kitchen. The balcony (not screened) overlooks a beautiful pond. The stove, dishwasher and fridge remain. One bathroom will need a shower installed. Some updates have been completed. Come take a look! This might be your forever home or a fabulous investment to flip or hold for rental. The Five Towns community offers multiple swimming pools, two clubhouses, a monthly newsletter to keep informed of all the groups and activities you may want to try! Tennis, pickleball, bocce ball and shuffle board. Two fully equipped gyms, card rooms, billiard room, and auditoriums. Ideal location in St Petersburg with resturants, shopping, a short drive to the beach and the interstate. One covered parking space is included.
Listings courtesy of FIVE TOWNS ACTION REALTY as distributed by MLS GRID.
Listed by: Ugene Park • upark@vestapropertyservices.com • FIVE TOWNS ACTION REALTY
Co-listed by: FIVE TOWNS ACTION REALTY
Source: Stellar MLS as distributed by MLS GRID, MLS#: TB8523732
Based on info available as of Nov 14, 2026 at 2:01 PM EST.
Affordability
$587/mo
- Mortgage$480
- Property tax$107
- HOA fee
- Homeowners insurance
Beycome estimates only. Actual amounts and terms vary by lender and location.
$1,900 Credit back
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Travel times
About Terrace Park Of Five Towns
This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.
Flood & climate risk
FEMA Flood Zone AE
In a FEMA Special Flood Hazard Area — flood insurance is typically required with a federally-backed mortgage.
More details
Base flood elevation: 11 ft. Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.
Fire
Storm
Air quality
Pollen
Disclaimer
Based on information submitted to the MLS GRID as of Nov 14, 2026 at 02:01pm EST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
