***FIRST TIME EVER FLOODING*** WOW--have you been hoping to scoop up your slice of WATERFRONT paradise at a FANTASTIC value? The wait is over. This saltwater canal front BLOCK home has direct access to the bay for fishing, sandbar days and water activities with only ONE bridge (San Martin Bridge). This 3 bed, 2 bath, 1 car garage has a large bonus space, HUGE master bedroom with ensuite and walk in closet, New Roof in 2020, HVAC and LARGE yard with room for a pool! Meticulously cared for over the last 30+ years by the current owner it has stood the test of time and weather with only experiencing flood damage once ever (in Hurricane Helene per the seller). Drywall has been removed and home is dried out with HVAC running. A quick cosmetic rehab and you're living the Florida life. Renovate, build up, lift, or build new on this incredible large lot in the fantastic neighborhood of Riviera Bay! Home has a private boat lift (may need servicing post flood, seller does not warrant condition). Sold As-Is. Investor special/Cash or hard money only. Enjoy the convenience of 4th Street where you'll find an array of shopping, dining, entertainment, and grocery options such as Publix and Target. Scoop up your slice of the growing City of St Pete--central to everything the Sunshine City has to offer! Close to downtown, Gulf Beaches, state of the art pier, Tampa International airport, restaurants, Publix, waterfront, parks--the list goes on. Schedule your tour today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$550,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $440,000 | $440,000 | $440,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.425% | 7.146% | 6.276% |
Monthly Tax Payment | $182 | $182 | $182 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,890 | $2,924 | $3,711 |
Total Monthly Payment | $3,164 | $3,198 | $3,985 |
* 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.