RARELY AVAILABLE 2. 59 ACRE PARCEL OF RESIDENIAL LAND. JUST OUTSIDE OF TREASURE ISLAND IS THIS SECLUDED ELITE, MAJESTIC WATERFRONT ESTATE ON BOCA CIEGA BAY. FOR ALL YOU BOATERS THIS IS WIDE OPEN WATER. ONLY MINUTES TO THE GULF AND JOHNS PASS BY BOAT. SITUATED ON A CORNER LOT WITH 2. 59 ACRES OF LUSH LANDSCAPING BORDERING WATER ON 2 SIDES WITH A GRANDFATHERED IN OVER-SIZED COVERED DOCK ON EACH SIDE. SITTING AMONG MULTI-MILLION DOLLAR HOMES RARELY EVER DO YOU FIND A LOT THIS SIZE WITH THIS CHARACTER IN THE CITY NEAR THE BEACHES, RESTAURANTS AND ENTERTAINMENT. 600' OF WATERFRONT, STUNNING SUNSETS, AND AN ABUNDANCE OF OPTIONS TO CREATE FROM THE ALREADY LEGENDARY COMPOUND THAT EXIST HERE. ZONED 0810 RESIDENTIAL/MULTI-FAMILY (SINGLE FAMILY-MORE THAN ONE HOUSE EACH PARCEL) NS-2 ALLOWING FOR 2 STRUCTURES EACH ACRE. APPROXIMATELY 23 MILES TO TAMPA INTERNATIONAL AIRPORT, 17 MILES TO ST. PETE/CLEARWATER INTERNATIONAL AIRPORT, 20 MINUTES TO DOWNTOWN ST. PETERSBURG, 8 MINUTES TO ST. PETE BEACH, 12 MINUTES TO MADEIRA BEACH, WALK OR BIKING DISTANCE TO TREASURE ISLAND OR A SHORT DRIVE.
WONDERFRUL OPPORTUNITY TO CLEAR THE STRUCTURES AND CREATE YOU OWN PERSONAL PARADISE; TENNIS COURT, BASKETBALL COURT ETC. , THE OPTIONS ARE MANY. THE CURRENT STRUCTURES (HABITABLE WITH THE EXCEPTION OF THE POOL HOUSE BATHS), SEAWALL AND DOCKS, WERE IMPACTED BY HELENE AND MILTON. THE PROPERTY IS BEING SOLD AS ACREAGE, AND NO WARRANTY OR REPRESENTATION IS BEING MADE WITH RESPECT TO THE TWO HOMES AND OTHER STRUCTURES LOCATED ON THE PROPERTY ( HOMES ARE BEING SOLD IN AS-IS CONDITION). A ONE OF A KIND OPPORTUNITY TO OWN THIS AMOUNT OF WATERFRONT ACERAGE IN THE CITY NEAR THE BEACHES. CREATE YOUR VERY OWN OASIS; TENNIS COURT, BASKETBALL COURT. THE OPTIONS ARE MANY. BUILD YOUR BEAUTIFUL LUXURY DREAM HOME ON THIS BEAUTIFUL 2. 6 ACRES. CHOOSE YOUR OWN BUILDER OR WE CAN RECOMMEND A REPUTABLE LUXURY HOME BUILDER. TRULY AN EXCEPTIONAL PARCEL OF WATERFRONT LAND.
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Our Executive Mortgage Banker:
Our Insurance Division:
$5,999,000
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 | $4,799,200 | $4,799,200 | $4,799,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.500% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.296% | 6.622% | 6.680% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $31,128 | $30,334 | $41,806 |
Total Monthly Payment | $31,253 | $30,459 | $41,931 |
* 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.