This home offers the perfect opportunity to restore its charm while enjoying breathtaking views of Minetta Bayou. Full of character, the solid concrete block construction, along with newer storm-protected windows and sliding glass doors, remains intact. Situated at the end of a quiet cul-de-sac, this property boasts unobstructed access to the Gulf with no bridges in the way—ideal for large boats. The boat dock is in great condition with both electric, water and a lift. The great room features a dining area, a cozy sitting or office space, while the den is bathed in natural light from its many windows.
The spacious master bedroom, located on the first floor, has tile flooring and a charming 1950s-style bathroom with colorful vintage tiles. The lower family room offers panoramic water views with river rock floors and wood ceilings, all surrounded by sliding glass doors for an open, airy feel. The dock is in excellent condition, equipped with water, electricity, and a lift, making it ready for any water activities you desire. Watch manatees gracefully make their way to Spring Bayou during the winter months.
An independent second-floor bedroom suite provides the perfect retreat for guests or potential renters. Complete with a full bath, sitting area, private decking, and stunning water views, it offers both comfort and privacy. Bring your contractor to unlock the full potential of this waterfront home and transform it into your dream home or ideal rental property. Sold AS IS, this property is priced to sell, ready for your vision and renovation.
Recent water impact from Hurricane Helene has opened up the home, providing a blank slate for restoration. With no HOA, this property allows you to enjoy the peaceful water views of the Bayou, with easy access to the Anclote River and the Gulf of Mexico. Located just minutes from historic downtown Tarpon Springs, the iconic sponge docks, beautiful beaches, and the Pinellas Trail, this home offers an enviable location for evening strolls or bike rides along the water. GEOLOIGICAL SOIL TESTING HAS ALREADY BEEN DONE IN CASE OF BUILDING NEW.
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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 | $520,000 | $520,000 | $520,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.191% | 7.171% | 6.276% |
Monthly Tax Payment | $435 | $435 | $435 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,416 | $3,456 | $4,385 |
Total Monthly Payment | $3,943 | $3,983 | $4,912 |
* 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.