Discover an incredible opportunity to own a waterfront property in the highly sought after Oakhurst Shores subdivision. This is your chance to build your dream home in a highly desirable area known for its redevelopment and stunning, expansive homes. While the property experienced its first-ever flooding during Hurricane Helene on 9/26/2024, it has otherwise remained high and dry, and the land offers exceptional value for those seeking to craft their perfect waterfront retreat.
Mainland waterfront living combines higher elevations with the convenience of no bridges to contend with, making it a haven for boaters and water enthusiasts. The location is unmatched, with gorgeous views and easy access to shopping, dining, top-rated schools, golf courses, bike trails, parks, and entertainment. The Seminole City Center is just minutes away, as are the pristine Gulf beaches. A short, quick boat ride to Johns Pass by boat. For those who travel, Tampa International Airport is a mere 20 miles from your doorstep.
This block home situated on a prime lot with endless potential to create a lifestyle tailored to your vision is being sold AS-IS. Whether you’re drawn to the water, amazing sunsets, the proximity to amenities, or the opportunity to design your perfect home, this property is a rare find. Don’t miss out on this exceptional opportunity!
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Our Executive Mortgage Banker:
Our Insurance Division:
$850,000
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 | $680,000 | $680,000 | $680,000 |
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 | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,410 | $4,298 | $5,924 |
Total Monthly Payment | $4,502 | $4,390 | $6,016 |
* 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.