Alive and well following Helene. Ready for new owner to move in.
This is an extraordinarily unique and especially attractive Beach front to Bay front opportunity in Indian Shores, known for its prime location in what locals call “The Narrows” where lucky residents can enjoy both the pristine powdery sand beach and Gulf of Mexico sunsets as well as Sunrises and bay views from your guest home and boat dock on the bay and Intracoastal waterway.
Exceptional custom built and only one owner, Dual-House investment or extended family compound opportunity where one can experience the ultimate coastal lifestyle with this rare chance to own two stunning homes. The larger home has a brand new roof installed December 2024 and sits on the shore of the Gulf of Mexico with Key West vibes featuring three ensuite bedrooms. The Primary bedroom/bath retreat is perched on the third level all to itself. Extensive balconies on all levels and off all of the rooms welcome you to enjoy the wonderful breezes and vistas. The open great room living and kitchen area features soaring ceilings and captivating Gulf and Beach views. The guest home is nestled between the mangroves on the bayside with your private dock and boat lift along the deep water Intracoastal waterway. This captivating guest home would also make a wonderful office or art/music studio for those who need to have some separation to focus on work or their skill. The guest home features another 3 bedrooms and two baths again with the Primary bedroom/bath retreat being upstairs all to itself. The guest home kitchen and living area is also an open great room design with specular views of nature, the water and boats slowly passing by in the no wake zone.
Indian Shores is on the western coast of Tampa Bay with easy access to Tampa and St Petersburg/Clearwater Airports.
• This stunning property is walking distance or a short golf cart or bike ride to an array of restaurants, shopping, and amenities
• Convenient yachting access to the Gulf of Mexico via Clearwater Pass to the north or Johns Pass to the south
• Legal for short-term rentals are allowed making this a great investment opportunity if desired.
There are two garage parking spaces in addition to under building parking and an enormous drive way with more than ample guest parking.
Live in a vacation paradise full-time or part time with this extraordinary dream oasis. Property is only being offered as a combined package including both 20051 and 20052 Gulf Blvd.
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Our Executive Mortgage Banker:
Our Insurance Division:
$6,700,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $5,360,000 | $5,360,000 | $5,360,000 |
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 | $1,897 | $1,897 | $1,897 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $34,765 | $34,321 | $47,431 |
Total Monthly Payment | $36,787 | $36,343 | $49,453 |
* 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.