This high and dry lot received no flooding with the past two hurricanes. This extraordinary oversized lot offers an exceptional 160 feet of seawall water frontage and sweeping 270 degree views of Boca Ciega Bay. Built on . 38 acres, this one-of-a-kind cul-de-sac home sits on a coveted pie lot on the outermost finger in the beautiful Broadwater community, where boaters and water enthusiasts love the wide open, deep water and quick access to the Gulf of Mexico. Deep water is difficult to find so bring your sailboat or yacht and dock it behind your home instead of the marina. Build your dream home on this high elevation lot. Enjoy luxury waterfront living from this estate with easy, direct boat access to the Gulf of Mexico with no draw bridges in sight. It is rare to find such a large, high waterfront lot only 12 minutes from downtown St Pete, 12 minutes to the beach, 25 minutes to St Pete/Clearwater International Airport and 28 minutes to Tampa International Airport. With such a spacious lot, you can design your backyard oasis with ample room for a pool. Currently, there is an existing deep and large size pool. Next to the seawall there is a large concrete pad large enough for fishing or sunset cocktail hour gatherings and parties. The backyard is ready for your dream dock with plans already prepared for a dock and lift or customize it to your boat needs. Currently there is a spacious 5 bedroom, 3 bath 4, 180 sq ft home on the lot with roof damage from Hurricane Milton that will not be removed by the seller. Seller insists on as-is condition, allowing you to repair/replace the roof or build your new dream house on this amazing large, opening water view pie shape LOT.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,600,000
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 | $2,080,000 | $2,080,000 | $2,080,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.500% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.254% | 6.636% | 6.559% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $12,976 | $13,147 | $17,976 |
Total Monthly Payment | $13,101 | $13,272 | $18,101 |
* 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.