THE ESSENCE OF FLORIDA MID-CENTURY MODERN WATERFRONT LIVING! Located on calm quiet waters, and just two blocks from the beach, this classic residence features wonderful terrazzo flooring and beautiful wood and wood beam ceilings. The large waterfront living room opens to a huge 350sqft air-conditioned waterfront lanai. A gorgeous meandering brick paver patio deck, dotted with inviting subtropical native landscaping, offers numerous seating, lounging and dining areas. This home provides a flexible design, enabling many living configurations. Spacious waterfront owner’s bedroom is complemented by a generous guest bedroom. Out back discover a genuine Olde Florida waterfront vibe with its natural firepit, covered dining, and composite dock with step down – ideal for kayak and paddleboard launching. Private, serene and with generous amounts of natural shade, you’ll also appreciate the well-groomed side yards and ample parking. From your dock, this home is just five minutes to the Gulf by boat. The powder soft sands of Treasure Island’s beach are an easy five-minute walk from here, and the dining, shopping and entertainment of world renown Johns Pass Village are pleasant ten-minute walk. Enjoy this home as it is, or redevelop it as an income-producing, two-unit residential property. Measurements and dimensions are estimates. Buyer to verify all dimensions. This is an exceptional value in a superb waterfront location.
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$1,195,000
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 | $956,000 | $956,000 | $956,000 |
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 | 7.321% | 6.750% | 7.038% |
Monthly Tax Payment | $247 | $247 | $247 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,201 | $6,121 | $8,460 |
Total Monthly Payment | $6,573 | $6,493 | $8,832 |
* 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.