Exceptional opportunity in Magnolia Heights! This move in ready 2 bedroom, 1 bath bungalow is located high and dry in a non flood zone, just minutes from downtown St. Pete. Take advantage of a rare assumable loan at 4.75%, offering significant monthly savingsabout $317 less per month compared to current rates, totaling nearly $114,000 in savings over 30 years! Enjoy lower closing costs and the option to purchase fully furnished. Zoned CRT 1, this property allows for flexible use, including the potential to add an ADU or explore mixed use opportunities. Extensively renovated in 2019, the home features an updated kitchen with stainless steel appliances, modern flooring, and a refreshed bathroom. An attached garage and fully fenced backyard complete the packageperfect for pets, entertaining, or relaxing in your private outdoor space. No HOA, no flood insurance, and unbeatable value in one of St. Petes most desirable neighborhoods!