Built to last! This home did not flood through the two storms. Oceanview Drive is one of the most desirable streets in Pinellas County! Designed by architect Carl Abott, an esteemed architect in Sarasota, enjoy the epitome of modern luxury at this stunning waterfront residence situated on the shores of the Gulf of Mexico! "Bringing the outside in", is the design's philosophy from when it was originally built in 1988. Conceived as a beach house by the sea, the privacy of this home blends a seamless fusion of modern design and breathtaking natural surroundings. As you enter the current home, be prepared to for inspiring unobstructed water views through expansive floor to ceiling windows that redefine the concept of indoor-outdoor living. With elegant new White Oak hardwood flooring throughout the main living areas, every room is a canvas for the ever-changing panorama of the Gulf of Mexico, creating an immersive connection with nature. The kitchen was renovated and expanded in 2007 and includes Miele appliances, a built-in coffee machine, Sub-Zero refrigerator and top of the line Franke sink. As you walk up the floating staircase, you arrive at a flex/loft space, which can be customized to your personal leisure. Continue into the primary suite and prepare to be mesmerized by the panoramic views of the beautiful Gulf! Ascend to the rooftop for a more spectacular, 360-degree visual masterpiece. Enjoy the hot tub on the roof as you sip on your favorite drink with your friends and family. The outdoor space features a lap pool, large deck, and landscaped garden, connecting to the separate guest suite, which includes your own private gym. Privacy awaits you in your backyard immersing you in an ambiance of nature with winding paths through the mangroves, leading out to your secluded dock. The siding was replaced in 2 sections, with the main house replaced in 2018 and the remainder in May 2020. The deck was replaced in TREX in 2012. The dock was added in 2002. Driveway pavers were added in 2021. All exterior lights were replaced in 2020. Located in the Westshore subdivision of Tierra Verde, this home is conveniently located 10-15 minutes to St. Petersburg Beach, Downtown St. Petersburg, I75 corridor, Fort Desoto Beach, and an array of restaurants. Don't wait for this opportunity to schedule a private viewing and make this exclusive waterfront property on Oceanview Drive your next oasis!
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NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $4,640,000 | $4,640,000 | $4,640,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.864% | 6.810% |
Monthly Tax Payment | $1,833 | $1,833 | $1,833 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $29,710 | $30,095 | $40,739 |
Total Monthly Payment | $31,668 | $32,053 | $42,697 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.