Sunset Bay Drive has always been the premier finger for luxury living in Belleair. Located on the mainland side and not in need of crossing the bridges to get home from work or play, Sunset Bay offers peaceful living on a cul-de-sac street. Belleair is the host town of the Pelican PGA tournament and has 3 18-hole golf courses and is just a couple miles from excellent shopping and dining. Belleair is nestled next to downtown Clearwater and a couple miles from famous Clearwater Beach and Indian Rocks Beaches. This property is being sold as an amazing buildable lot on the intracoastal of Belleair. The dock is excellent and a 13, 000 lb boatlift with a good seawall ready for your boating lifestyle. The pool is pebbletec finish and in great condition. The property is surrounded by large mature palms that make this tropical oasis splendid. Buyer is advised to review all applicable FEMA/State/County/City reconstruction guidelines and any other matters deemed important to the Buyer. The home was affected by Helene and was not remediated. PLease look at land and location for a buildable lot.
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Our Executive Mortgage Banker:
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$1,500,000
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 | $1,200,000 | $1,200,000 | $1,200,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.500% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.606% | 6.622% | 6.680% |
Monthly Tax Payment | $815 | $815 | $815 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,783 | $7,585 | $10,453 |
Total Monthly Payment | $8,722 | $8,524 | $11,392 |
* 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.