Discover this rare oversized . 32-acre waterfront property located on a dead-end street in the heart of Sunset Park. This property offers an impressive 127 feet of water frontage on a deep-water canal that provides direct access to Tampa Bay. Embrace the best of both privacy and panoramic water views from this unique 14, 000sq. ft. pie-shaped lot, where the expansive backyard and pool create an ideal outdoor retreat. The current home features four bedrooms, three bathrooms, a two-car garage, and two separate master bedrooms with en-suite baths. While the home experienced approximately 12 inches of water from Helene, it’s ready to be restored to its original charm with up to $272, 921 in allowable renovations per FEMA letter. Alternatively, it’s the perfect canvas for building your new dream home in this sought-after neighborhood, known for its A-rated schools (Mabry, Coleman, and Plant) and unmatched convenience to everything Tampa Bay has to offer.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,499,000
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 | $1,999,200 | $1,999,200 | $1,999,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.750% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.321% | 6.826% | 6.936% |
Monthly Tax Payment | $605 | $605 | $605 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $12,967 | $12,967 | $17,691 |
Total Monthly Payment | $13,697 | $13,697 | $18,421 |
* 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.