THE OFFERING IS THIS LOT. . . here lies a geography so charming, so storied, yet so unspoiled. The enclave that is Olde Clearwater Bay runs just north of the immediate Downtown Clearwater Core, and stops mere steps from Dunedin’s border- (Another Bygone Floridian Aesthetic). Fronting the wide expanse of Clearwater Harbor, and its’ Western skies is Sunset Drive, aptly named well, for its’ yearlong sunsets. This soon to be vacant lot is ideal for a new two story construction residence that will embrace these panoramas, as this lot is directly across the street from the water. There are immediate Harborside easements across the way from this site. Now for the setting- Awash in lush foliage reminiscent of The Keys, quaint Cracker style and Adirondack inspired architecture and the laid back environ we all signed on for is the broad spectrum of this imperfect, yet wholly perfect bastion. Ripe with tales of its’ former and current inhabitants, there are histories of luminaries from rock stars to poets and writers to ICONS that have graced this mystical time and place. I look forward to your inquiries, and your plans for your Time In The Florida Sun.
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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 | $399,200 | $399,200 | $399,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,656 | $2,653 | $3,423 |
Total Monthly Payment | $2,731 | $2,728 | $3,498 |
* 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.