16105 Redington DRIVE, Redington Beach, FL, 33708 | $875,000

Under contract-accepting backup offers. This amazing waterfront location awaits your dream home! This lot is in an ideal location in Redington Beach, just a few short blocks to the sand and on an open bay of the intracoastal waterway. There is a newer seawall and a dock ready for your aquatic adventures. The lot has 71 feet of waterfront and is over 100 feet deep, which allows for a substantial new home to be built, with plenty of room for a pool. An elevated home of one living level could occupy the current footprint, providing over for over 2, 400 square feet. Be sure to see the photos to get the full picture of how special this location really is. The existing home sustained damage during hurricanes Helene and Milton and will need to demolished.

Features

  • Rooms: 3
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Inside, Laundry Room
  • Year Built: 1952
  • Garage: 2-car Circular Driveway, Driveway
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 1,853
  • Acreage: 0.16
  • Est. Taxes: $2,830
  • Lot Desc: FloodZone, City Lot
  • View: Water
  • Elem. School: Bauder Elementary-PN
  • Middle School: Seminole Middle-PN
  • High School: Seminole High-PN
  • Appliances: Built-In Oven, Microwave
  • MLS#: TB8313598
  • Days on Market: 37 days
  • Website: https://www.raveis.com
    /prop/TB8313598/16105redingtondrive_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 7:37:23 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

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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16105 Redington DRIVE, Redington Beach, FL, 33708

$875,000

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 $700,000 $700,000 $700,000
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 $236 $236 $236
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,540 $4,482 $6,146
Total Monthly Payment $4,868 $4,810 $6,474

* 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.