16105 4th STREET E, Redington Beach, FL, 33708 | $950,000

Spectacular Waterfront Opportunity. 60 feet of beautiful intercoastal water views along with a brand new sea wall and a brand new 12’ x 40’ dock with dual lifts (8, 000 lbs and 10, 000 lbs) that survived the storms. As did this original 3 bedroom / 3 bath block pool home. Recent appraisal, assessed value adjustment indicates this home could be eligible to be restored to its original beauty. To protect the integrity of the structure, framing and infrastructure, a brand new HVAC system was installed 10/14/2024. This house will return to the glorious waterfront, close beach access, Florida lifestyle home that it is! The water-intrusion barrier system these sellers invested in greatly minimized the excessive flooding experienced by neighboring properties. Refurbish this shell into the masterpiece that’s perfect for you!!! OR! Review Short Term Rental Information – Town of Redington Beach, Pinellas County, Florida for specific short term rental rules and regulations for investment opportunities. As an added bonus, the sellers saved the granite countertops, so if the new owner configures the kitchen the same as it was they will save some $$.

Features

  • Rooms: 4
  • Bedrooms: 3
  • Baths: 3 full
  • Lot Size: 60 x 115
  • Laundry: Inside, Laundry Room, None
  • Year Built: 1961
  • Garage: 2-car Driveway, Garage Door Opener
  • Heating: None
  • Cooling: None
  • Approx Sq. Feet: 1,679
  • Acreage: 0.16
  • Lot Size: 60 x 115
  • Est. Taxes: $13,684
  • Lot Desc: FloodZone, Near Marina
  • View: Water
  • Pool: Deck, Gunite, In Ground
  • Appliances: None
  • MLS#: TB8312484
  • Days on Market: 13 days
  • Website: https://www.raveis.com
    /prop/TB8312484/161054thstreete_redingtonbeach_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 12/22/2024 7:47:08 AM)
Listing courtesy of ENGEL & VOLKERS MADEIRA BEACH   Phone: 727-394-7365

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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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16105 4th STREET E, Redington Beach, FL, 33708

$950,000

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 $760,000 $760,000 $760,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.625% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.620% 6.735% 6.806%
Monthly Tax Payment $1,140 $1,140 $1,140
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,929 $4,866 $6,673
Total Monthly Payment $6,161 $6,098 $7,905

* 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.