UPDATE: The owner has obtained both the FEMA 50% rule letter and the City of Belleair Beach letter for rehabbing the home. The home experienced water intrusion from Hurricane Helene but is eligible for rehabilitation or can be removed to make way for your dream build. Rare Opportunity, Premium Waterfront Property in Belleair Beach.
This property, offered at lot value, presents a unique chance to own a prime piece of Belleair Beach real estate with direct Intercoastal access and breathtaking open water views. Located just steps from the beach, this waterfront oasis combines serenity with convenience.
Unlike standard canal-view properties, this home boasts an unrivaled open water perspective, offering a rare opportunity to enjoy one of the most sought-after views on the water. Don’t miss your chance to create a coastal masterpiece in this exceptional location!
Here’s your chance to bring your vision to life. This 3-bedroom, 2-bath home, 2 car garage features an open floor plan with vaulted ceilings and breathtaking water views. Updates include windows and sliding glass doors in 2021, hurricane shutters, metal roof, and the perfect composite wood dock equipped with a 13, 000 lb boat lift plus jet ski lift, along with water and electricity and fish cleaning station.
The outdoor space is truly remarkable, boasting a recently remodeled sparkling pool with a Sun Shelf and spillover spa with available natural gas for a heater, surrounded by beautiful travertine pavers. Enjoy the outdoor kitchen area, gas fire pit, and a vinyl fence along the seawall, complete with an updated seawall cap. One of kind views of the open water.
Located on one of Belleair Beach’s most sought-after streets, this home is full of potential. Schedule your private tour today to envision the possibilities!
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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 | $1,000,000 | $1,000,000 | $1,000,000 |
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 | $515 | $515 | $515 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,486 | $6,403 | $8,780 |
Total Monthly Payment | $7,126 | $7,043 | $9,420 |
* 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.