Don't miss this opportunity to build your dream home right on the OPEN BAY! With magnificent sunsets everyday! This is one of the best oversized waterfront lots in Beach Park, has 90 feet of water frontage, west facing with stunning view, and the St. Pete skyline as the background! Located on the cul-de-sac of Treasure Drive, this street is quiet and secluded, with gorgeous homes all around. BRAND NEW boat house and seawall will be completed soon, with a 13, 000 pound NEW boat lift! Along with the BRAND NEW deck and upgraded pool! Live the best Salt Life you deserve - go out on the open bay anytime you want and catch your own dinner. Start your grill, put on your favorite music, open a bottle of Champagne. . . Sit on your dock, watch dolphins and manatees swim by, enjoy the sun setting in the most glorious way, and the day fades into a gentle evening. . . The location of this home is most central, you are 5 minutes away from Howard Frankland Bridge, I-275, Veterans Express, and International Airport! A-rated school zone, tons of local shops, and great restaurants all around. Home was flooded during Helene, but was remediated, cleaned out and dried out. You can remodel if you wish to, or now is your perfect opportunity to start from scratch. Design and build your PERFECT DREAM HOME!
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,400,000
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 | $2,720,000 | $2,720,000 | $2,720,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | $2,837 | $2,837 | $2,837 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $17,416 | $17,416 | $23,881 |
Total Monthly Payment | $20,378 | $20,378 | $26,843 |
* 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.