Owner has begun the process of restoring this home and it will be better than ever! Discover the tropical lifestyle you've always envisioned in this beautiful Indian Rocks Beach home. This is your chance to create the dream home you've always envisioned on the best open lot in Indian Rocks Beach. Despite recent storm damage this property still boasts breathtaking water views and an array of premium features, making it an incredible opportunity for those seeking a coastal retreat. Enjoy a seamlessly open floor plan, where you’ll enjoy cinematic water and sunset views from all major rooms. The outdoor space is equally captivating, featuring a pristine pool and a boat dock with a lift—perfect for boating enthusiasts ready to explore the surrounding waterways. Ascend to the entire second floor, where a romantic and spacious primary bedroom awaits. This luxurious suite features a private balcony, high ceilings, a large walk-in closet, and a spa-like en suite bathroom, making it a perfect sanctuary to unwind.
Located in desirable Indian Rocks Beach, this property offers instant access to waterfront activities, whether you’re boating, fishing, or lounging by the shore. The home’s structure and essential systems are currently undergoing repairs, allowing you to bring your vision to life and restore it to its full glory. With so much potential, this home is designed for both comfortable living and grand entertaining on and off the water. Don’t miss this chance to make a slice of paradise your own. Imagine a future filled with stunning sunsets and the lifestyle you’ve always dreamed of! Please inquire for more details on the renovation status and how you can make this dream home a reality.
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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 | $1,839,999 | $1,839,999 | $1,839,999 |
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 | $2,593 | $2,593 | $2,593 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $11,934 | $11,782 | $16,155 |
Total Monthly Payment | $14,652 | $14,500 | $18,873 |
* 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.