Under contract-accepting backup offers. Located directly on the Gulf of Mexico, Beach Haven Villas harkens back to the days when much of Florida offered vacationers colorful art deco style motels. Still all pink, like the Historic Don Cesar and Vinoy hotels, Beach Haven retains its charming and distinctive personality while also providing modern amenities.
Conveniently situated on Gulf Boulevard in the heart of St. Pete Beach, Beach Haven is walkable to some of the finest shopping, dining, and entertainment establishments in all of Tampa Bay. The Historic Don Cesar Hotel and Tradewinds Resort -the largest Beach-front Convention Center in the area- are both within walking distance of Beach Haven. Also conveniently nearby are Publix Supermarket, CVS, Chick-Fil-A, multiple rental car agencies, and fine dining On-site amenities include a gorgeous Gulf-front heated pool, private Beach-front gazebo and swing, and gas BBQ grills with umbrella-covered seating areas. Enjoy private, spectacular sunsets in a sugar sand beach setting.
Beach Haven is zoned Large Resort (LR), one of the rarest on the beaches, and allows 50 units per acre per City of St Pete Beach municode. The total size of the site is MOL 0. 89 acres allowing for high-density future development. The lot is approximately 78 feet of direct Gulf Frontage and 510 feet deep (survey will be available in documents tab).
Consisting of 18 units, Beach Haven has (12) 1 bed 1 bath units, (1) 2 bed 1 bath unit, and (5) motel units. On site is also a space dedicated to housekeeping, one for storage, and yet another for the on-site rental office. Heated and cooled footage stands at 6, 677 sq ft.
Income and expenses available upon request.
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William Raveis Real Estate
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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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $5,200,000 | $5,200,000 | $5,200,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.545% | 6.748% | 6.932% |
Monthly Tax Payment | $3,159 | $3,159 | $3,159 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $33,727 | $33,296 | $46,015 |
Total Monthly Payment | $37,011 | $36,580 | $49,299 |
* 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.