Waterfront Re-build or Teardown Opportunity in Highly Desirable Boca Ciega Isle! This rare waterfront lot offers an exceptional canvas for building your dream home in the sought-after St. Pete Beach area. The existing structure sustained damage during recent hurricanes and is being sold as-is, presenting an ideal opportunity to design, remodel or build to your exact specifications. Many of the pictures taken from the homeowner represent the lifestyle you don't have to imagine. Check out all the types of water wifelife just from your dock. Fish, relax, enjoy all day, everyday!!
With 50 feet of prime waterfront by 104 feet deep, an existing seawall and 12, 000 lb boat lift, this homesite provides stunning sunset views and space to include a pool, making it a true slice of paradise. Located within walking distance of St. Pete Beach and the vibrant local scene with its restaurants, bars, and live music, this area also provides quick access to the best of Tampa Bay, from shopping and fine dining to art galleries, yacht marinas, and world-class beaches.
Surrounded by multi-million dollar new construction homes, this homesite holds immense value in a unique waterfront community perfect for full-time or part-time living. Buyers are encouraged to verify any impact fees with the city due to the condition of the existing structure. Seller is ready for a quick close—don’t miss out on this exceptional opportunity to build your waterfront dream home! Roof needs replaced. Windows were new in April 2023.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,200,000
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 | $960,000 | $960,000 | $960,000 |
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 | $991 | $991 | $991 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,227 | $6,227 | $8,495 |
Total Monthly Payment | $7,343 | $7,343 | $9,611 |
* 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.