Under contract-accepting backup offers. REMEDIATED AND READY FOR YOUR CUSTOM RENOVATION. This residence sits on a terrific, premium point lot, with miles of spectacular open water views of the intracoastal waterway, Boca Ciega Bay and the downtown St. Petersburg skyline. From here, your boat will reach the open Gulf of Mexico in less than 10 minutes. This 5 bedroom, 4 ½ bath, 3 car garage home with 3852sqft of living area enjoys a wide 128ft of water frontage. The huge 32ft-wide living room features sweeping water views and opens to a wide waterfront deck overlooking the large inground swimming pool and the intracoastal waterway. Similarly, the waterfront owner’s suite (with huge walk-in closet) opens to a 160sqft covered deck overlooking the pool and waterway. The home has many updated hurricane impact windows and doors. Sizable indoor laundry has an adjacent full pool bath. Upstairs are 4 bedrooms (two overlooking the water) with spacious closets, 2 full baths and 2 additional clothing/linen closets. You’ll love this home’s private beach area facing the intracoastal waterway, perfect for launching kayaks, paddleboards and personal watercraft. Situated in the heart of highly-rated St. Pete Beach within easy walking distance of its powder soft sands, shopping, dining and entertainment. This is a fantastic location with views that seem to go on forever. Don’t miss this rare opportunity for a premium waterfront point residence. Dimensions are estimates. Buyer to verify.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,750,000
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 | $1,400,000 | $1,400,000 | $1,400,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.545% | 6.748% | 6.932% |
Monthly Tax Payment | $974 | $974 | $974 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,080 | $8,964 | $12,389 |
Total Monthly Payment | $10,179 | $10,063 | $13,488 |
* 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.