THE TIME IS NOW…. . . if you have been waiting for the perfect opportunity to own a spectacular waterfront property in the Don CeSar Place neighborhood of St. Pete Beach. Take advantage of this incredible value to restore this solid block home to its pre-storm condition or build the home of your dreams! After Helene this home was immediately remediated. Drywall was removed, a new AC compressor installed and the pool was professionally cleaned. Major updates completed in 2019 add extra value to the property and include: A new seawall, large composite dock with a 12, 000 lb boat lift and beautiful saltwater pool and spa surrounded by a travertine stone patio. The Don Ce-Sar Place neighborhood offers deeded access to the infamous sugar sand Gulf beaches with permit parking at the Suntan Art Center next to the Don Ce-Sar Hotel. Lazarillo Park is just a quick walk away and offers 3. 9 acres of lighted pickleball and tennis courts, a picnic pavilion, a playground and plenty of recreation space. St. Pete Beach is the Sunset Capital of Florida with some of the most famous beaches anywhere. You don’t want to miss this chance to live in this piece of Paradise! This property is priced for lot value and is being offered AS-IS, CASH ONLY, NO Inspection Contingency, NO Assignable Contracts and NO Wholesalers. The Buyer should consider the options for rehabilitation or redevelopment.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,100,000
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 | $880,000 | $880,000 | $880,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | $979 | $979 | $979 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,635 | $5,635 | $7,726 |
Total Monthly Payment | $6,739 | $6,739 | $8,830 |
* 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.