202 Driftwood LANE, Largo, FL, 33770 | $1,500,000

Motivated Seller Alert! Investors and future homeowners, take note! This is a rare opportunity to own a piece of paradise in the sought-after Harbor Bluffs community. Whether you're envisioning your dream home or an investment property, the possibilities are endless. Nestled in a tranquil neighborhood known for its sense of community, this property boasts beautiful water views that are sure to impress. Imagine ending each day with breathtaking sunset vistas that paint the sky in vibrant colors. The gentle breeze off the water and picturesque surroundings create a perfect setting for a lifestyle of comfort and relaxation.

This opportunity is even more enticing with a recent price reduction, making it a compelling option. The seller is motivated to make a deal, and with competitive pricing, this property won’t stay on the market for long. Harbor Bluffs is one of Largo’s most desirable neighborhoods, known for its beautiful homes, lush landscapes, and proximity to the best of Pinellas County. From top-rated schools and recreational facilities to the sparkling Gulf beaches, this area delivers a high quality of life. You’ll be just minutes from fine dining, boutique shopping, and local entertainment, while still enjoying the peace and privacy Harbor Bluffs offers.

The property is situated on a spacious lot with direct water views, providing ample space to build a custom home that suits your needs. The existing home experienced flooding during a recent hurricane, presenting a unique opportunity to start fresh. The seller is working with flood insurance and FEMA to explore options. Depending on the outcome, the home may undergo renovations, including new flooring and updates, giving buyers the chance to add their personal touch. The flexibility of options makes this property ideal for someone looking to invest in a high-potential area.

The property’s value will continue to increase, making it a great fit for investors seeking a project. You can either complete the renovations or take advantage of the location to build new. The current condition offers a blank slate for creativity, giving buyers the chance to bring their dream home to life. Imagine designing your ideal space, with expansive windows to maximize views, a spacious backyard with a pool, or an elegant deck to enjoy evening sunsets. The potential here is truly limitless.

Living in Harbor Bluffs means embracing the best of coastal living. You’ll have access to nearby parks and boat ramps, perfect for those who love spending time on the water. Enjoy weekend picnics, morning jogs along scenic trails, or simply soak in the beauty of the surroundings. The neighborhood is known for its family-friendly environment and welcoming community, offering a peaceful retreat while still being close to the conveniences of city life. Plus, you’re just a short drive from Clearwater and Belleair Beach, making it easy to enjoy beach days with family and friends.

With a motivated seller, a reduced price, and endless potential, now is the time to make your move. Whether you’re looking to build your forever home or capitalize on an investment opportunity, this property is ready to be transformed into something extraordinary. Contact us today to schedule a private showing or learn more. Don’t miss your chance to own prime real estate in one of Largo’s premier communities. Act fast, as this opportunity won’t last long!

Features

  • Rooms: 3
  • Bedrooms: 3
  • Baths: 3 full
  • Lot Size: 88 x 120
  • Laundry: Inside
  • Year Built: 1963
  • Garage: 2-car
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 2,235
  • Acreage: 0.24
  • Lot Size: 88 x 120
  • Est. Taxes: $5,882
  • Elem. School: Mildred Helms Elementary-PN
  • Middle School: Largo Middle-PN
  • High School: Largo High-PN
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • MLS#: TB8308599
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /eprop/TB8308599/202driftwoodlane_largo_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 10/3/2024 11:17:10 PM)
Listing courtesy of LPT Realty   Phone: 877-366-2213

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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202 Driftwood LANE, Largo, FL, 33770

$1,500,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $1,200,000 $1,200,000 $1,200,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.125% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.299% 6.258% 6.221%
Monthly Tax Payment $490 $490 $490
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $7,291 $7,291 $10,126
Total Monthly Payment $7,906 $7,906 $10,741

* 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.