8 Island DRIVE, Treasure Island, FL, 33706 | $1,099,000

Waterfront Paradise on Treasure Island—don’t miss this incredible opportunity to own a highly desirable waterfront property. Situated on a generous 75’x130’ lot, this 3-bedroom, 2-bathroom home offers the ideal setting for coastal living. With 75 feet of direct deep-water access, it’s a boater’s dream, featuring a resurfaced dock with newer posts, water and electricity connections, and a 10, 000-lb boat lift. The stunning saltwater pool, built in 2021, showcases exquisite glass tiles, multi-colored lighting, and a cool-to-the-touch travertine deck—perfect for outdoor relaxation and entertaining. Before Hurricane Helene, the home underwent significant upgrades, including a remodeled kitchen with European soft-close cabinetry, quartz waterfall countertops, and updated fixtures. Additional enhancements include impact windows and doors, a new HVAC system, upgraded electrical, and a tankless water heater. While the home is being sold AS IS due to hurricane impacts, all affected areas have been remediated, and the HVAC system has been inspected. This property offers a unique chance to design and build your dream waterfront home or explore renovation possibilities in this sought-after location. Nestled on Paradise Island, the home is conveniently close to restaurants, shops, and beautiful beaches, offering the ultimate in waterfront living. Don’t miss the opportunity to own your slice of Treasure Island paradise

Features

  • Rooms: 6
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: Laundry Room
  • Style: Contemporary
  • Year Built: 1973
  • Garage: 2-car
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 1,820
  • Acreage: 0.22
  • Est. Taxes: $12,505
  • Lot Desc: Cul-De-Sac, Flood Insurance Required
  • View: Water
  • Elem. School: Azalea Elementary-PN
  • Middle School: Azalea Middle-PN
  • High School: Boca Ciega High-PN
  • Pool: Gunite, Heated, In Ground, Lighting, Salt Water
  • Appliances: Microwave, Tankless Water Heater
  • MLS#: A4630365
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /eprop/A4630365/8islanddrive_treasureisland_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 11/27/2024 7:35:19 AM)
Listing courtesy of FINE PROPERTIES   Phone: 941-782-0000

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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8 Island DRIVE, Treasure Island, FL, 33706

$1,099,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $879,200 $879,200 $879,200
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 $1,042 $1,042 $1,042
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,702 $5,630 $7,780
Total Monthly Payment $6,869 $6,797 $8,947

* 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.