**HOUSE DID NOT FLOOD** Having a house on Davis Island is very convenient and the most special mix use place in Tampa! This community sits across the channel from Harbor Island and is minutes over a bridge to Downtown Tampa. It is sought after for two reasons…one its proximity to Bayshore, Hyde Park, Downtown, interstates, shops, fabulous Tampa schools, churches and shopping. Secondly, it’s easy to travel to the white sand beaches of the Gulf and just a mere 1. 5 hours to Disney and other Orlando theme parks. The main reason a Davis Island address is so desirable is that it’s a small community with its own banks, fire department, hospital, doctors and lawyers’ business offices, restaurants, drug store, post office and unique boutique-style shopping. Additional community features are the tennis club, garden club, two marinas, a small beach, dog water park, two parks for residents, a center pool for residents, baseball fields and a private airport. Residents feel free to ride around on golf carts and all the streets have sidewalks. It's very special having a home in this community. 166 Baltic is one of the new, contemporary inside, and a softer transitional feel outside, homes on Davis Island. A total of five (5) bedrooms. The house has a deep-water view to the open bay. The sunset views are amazing. This home has been designed for entertainment with a light and airy feeling and views of open bay with sunset and the house faces sunrise. Walking into the large entry Foyer one sees the water and high ceilings through the openness of the large open Living/Family area that includes lit cabinetry. Continuing, the generous floorplan opens to the state-of-the-art chef’s Kitchen and Breakfast Area with bay windows. There is a separate Formal Dining Room, ensuite Bedroom/Bathroom, Game Room and Powder Room on the first level. All the west side of the house has windows to view the open bay. There is also an elevator that rises from the spacious two car garage to the first and second floors of the home. The house is also highlighted by an outdoor kitchen and dining area on the terrace, which steps down to the pool, patio and yard then continues out to the dock with lifts for a boat and two jet skis. The second floor is so amazing with four (4) Bedrooms plus a furnished private, theatre-style Screening Room. Of course, the Master Bedroom has the 2nd floor terrace and a magnificent water view. The Master Bath is sensational with its oversize shower, vanities and closets. This jewel is a must to buy.
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William Raveis Mortgage, LLC
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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 | $7,080,000 | $7,080,000 | $7,080,000 |
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 | 7.321% | 6.750% | 7.038% |
Monthly Tax Payment | $5,453 | $5,453 | $5,453 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $45,921 | $45,334 | $62,652 |
Total Monthly Payment | $51,498 | $50,911 | $68,229 |
* 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.