Being sold AS IS!! Discover the rare opportunity to own a piece of history with this 5BR/4BA waterfront property on coveted Clearwater Beach. Built in 1926, this near-century old masterpiece exudes the timeless charm of Old Clearwater while offering boundless potential. Step inside to breathtaking bay views that immediately captivate, setting the tone for the grandeur that follows. The spacious dine-in kitchen is perfect for both everyday living and entertaining, while the inviting downstairs primary suite features a generous walk-in closet and ensuite bath. The additional bedrooms are all generously sized, offering plenty of space for family or guests. Outside, the expansive lot is just waiting for your personal touch—whether you're envisioning lush gardens or a modern outdoor living space the views won’t disappoint. If you're ready to restore this historic gem to its original glory or transform it into a dream waterfront retreat, this property is a brilliant investment opportunity with the allure of Clearwater's rich past and the promise of a spectacular future. Located at the north end of Clearwater Beach within walking distance to sparkling beaches, live entertainment and local restaurants.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,750,000
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 | $1,400,000 | $1,400,000 | $1,400,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.343% | 6.851% | 6.704% |
Monthly Tax Payment | $752 | $752 | $752 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,964 | $9,080 | $12,196 |
Total Monthly Payment | $9,841 | $9,957 | $13,073 |
* 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.