Hurricane Milton Damaged property. Property offers incredible potential and a prime location on the Intracoastal Waterway/Boca Ciega Bay. While the property sustained damage from the recent storm, it presents a fantastic chance to customize your waterfront retreat. The home is located in a No Wake Zone, ensuring peaceful waters, and features an existing dock with excellent water access—perfect for boating or fishing enthusiasts. Recently replaced windows (installed before the hurricane), providing a solid foundation for restoring the home to its full glory. Enjoy the perks of living in the exclusive Surfside community, with private beach access at the Surfside Cabana Club, reserved resident parking, and annual events. Conveniently close to restaurants in Redington, Clearwater Beach, Tampa, and St. Pete Beach, plus just minutes from Seminole City Center with shopping, dining, and entertainment options. This is your chance to create a custom waterfront home in an unbeatable location! The home is being sold in its as-is condition, with no statement as to whether the
home can, or cannot, be rebuilt under FEMA/city codes or guidelines. Buyer to conduct their own due diligence with regard to the ability to
rebuild or requirement to be brought into FEMA compliance.
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Our Executive Mortgage Banker:
Our Insurance Division:
$699,900
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 | $559,920 | $559,920 | $559,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.352% | 7.042% | 6.160% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,678 | $3,678 | $4,687 |
Total Monthly Payment | $3,770 | $3,770 | $4,779 |
* 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.