ATTENTION HOME BUILDERS-INVESTORS!!! "Imagine building your dream home in the heart of Belleair Beach, where the captivating Gulf of Mexico beckons not far from your front door. This pristine beach community offers an unparalleled coastal living experience, complete with a myriad of exciting opportunities:
1. Prime Location: Nestled within the enchanting Belleair Beach, your future home site is perfectly positioned for beach lovers and water enthusiasts. With sandy shores not far from your doorstep or the sea breeze. There's no shortage of outdoor activities with nearby parks, tennis courts, a boat ramp, and fishing piers. Belleair Beach’s residential nature, with limited public parking and no commercial businesses, guarantees a serene and private atmosphere year-round.
2. Community Amenities: Across the street, the Belleair Beach Community Center awaits, providing access to tennis and basketball courts, a playground, picturesque picnic areas, an Intracoastal beach area, and an array of community events and fitness classes. Here, you'll find a home and a vibrant and welcoming community.
3. Barrier Island Living: With a large public marina just a stone's throw away at the other end of the causeway, you'll have the convenience of a boat launch and a small bait/convenience shop, making every boating adventure a breeze. This is a dream come true for those who yearn for a life by the water.
4. Proximity to Clearwater Beach: In a matter of minutes, you can find yourself at the world-renowned Clearwater Beach, along with a host of other coastal gems, each offering its unique charm. Explore the area's fantastic restaurants, bars, and shopping, and revel in the vibrant coastal lifestyle that awaits you.
5. Incredible Value: This opportunity is a rarity, offering remarkable value considering its immediate proximity to the water. Secure your piece of paradise and build your ideal beach home that will serve as a tranquil retreat and a smart investment.
The canvas is yours, and the possibilities are limitless. Picture your Barrier Island home with large windows, spacious outdoor living spaces for hosting gatherings and savoring sunsets, and an interior adorned with coastal-inspired decor that whispers relaxation and luxury.
So, if you've ever dreamt of crafting a Barrier Island sanctuary, this is your chance. Envision a lifestyle where every day feels like a vacation, the beach is your playground, and the Gulf of Mexico is your backdrop. Act now, and turn your vision into reality on the shores of Belleair Beach. "
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Our Executive Mortgage Banker:
Our Insurance Division:
$482,000
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 | $385,600 | $385,600 | $385,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,565 | $2,563 | $3,252 |
Total Monthly Payment | $2,640 | $2,638 | $3,327 |
* 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.