Discover the potential of this spacious 4-bedroom, 3-bath waterfront home, nestled on a generous 90x111 lot in one of St. Petersburg’s most sought-after deed restricted communities, Venetian Isles. With sailboat water and no fixed bridges, this property offers direct access to the open waters of Tampa Bay, perfect for boating enthusiasts and nature lovers. Although the home experienced a little bit of flooding during Hurricane Helene, it has undergone remediation and is ready for renovation or a new build. The newer seawall and mostly all impact hurricane windows and doors provide peace of mind, while the original terrazzo flooring adds a touch of timeless charm. Featuring a desirable split floor plan, the layout offers privacy and versatility and indoor laundry room. Step outside to enjoy your own swimming pool, a dock with wrapped pilings, and a boat lift, ideal for launching your next adventure. Located approximately 5 miles from vibrant downtown St. Pete, you’ll also have easy access to public golf courses, museums, shopping, parks, and a diverse selection of restaurants. Don’t miss this incredible opportunity to create your dream waterfront home in a prime location! *Appliances, mechanical items and fixtures are included, but not warranted. Buyer to verify all measurements.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,250,000
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 | $1,000,000 | $1,000,000 | $1,000,000 |
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 | $457 | $457 | $457 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,403 | $6,486 | $8,711 |
Total Monthly Payment | $6,985 | $7,068 | $9,293 |
* 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.