$50k price drop for recent storm damage. This conveniently located 2-bedroom, 1-bathroom WATERFRONT HOME OR HOME SITE offers breathtaking sunsets and a tranquil view across 41 feet of waterfront. This home is in need of repair, but is salvagable. Hurricane windows installed in 2022. SOLD AS IS OR AS A LOT TO BUILD YOUR WATERFRONT DREAM HOME.
The property line extends well into the creek allowing for the addition of a dock and davits, floating dock ect. . . Bear Creek is suitable for smaller vessels like a pontoon boats and deck boats, skiff or flats boat, jet skis, kayaks and canoes. (Bear Creek flows into Boca Ciega Bay and the intracoastal waterway, but there is a low bridge to clear. ) Larger boats can be accommodated at nearby marinas due to a low bridge constraint.
The spacious backyard is perfect for installing a pool, and there is ample room for expanding outdoor living spaces or potentially increasing indoor living space. Despite its modest square footage, the home's efficient floor plan creates a bright and airy atmosphere with plenty of storage and closet space.
The location is tremendously convenient as it is just 3. 5 miles from St Pete Beach and Treasure Island, 2. 6 miles from Gulfport and about 6 miles from downtown St Pete, Tropicana Field and the famous pier.
Whether you seek an affordable waterfront residence or a promising investment, this property offers significant potential for personal enjoyment and as an Airbnb rental, this home could generate significant income.
Current Flood Policy $3184 Current Hazard policy is $2671.
Roof Replaced 2013
SOLD AS IS OR AS A LOT TO BUILD YOUR DREAM HOME> SELLER IS MOTIVATED!
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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 | $292,000 | $292,000 | $292,000 |
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 | $42 | $42 | $42 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,943 | $1,941 | $2,504 |
Total Monthly Payment | $2,060 | $2,058 | $2,621 |
* 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.