**THIS PROPERTY HAS FLOOD DAMAGE FROM HURRICANE HELENE* Property is being sold AS-IS. This impressive 8525 sq. ft. lot (70x133, 0. 1957 acres) offers endless possibilities for redevelopment or new construction in a highly desirable location across the street from the brand NEW Mangrove Bay Middle School and SPEER YMCA . With the potential to elevate and enjoy expansive views, this property is being sold as-is, making it a perfect opportunity for investors or developers. Build your dream home in a quiet neighborhood surrounded by newer construction homes! No assignable contracts, no subject-to, no wholesalers. Home has been remediated. Whether you choose to renovate or start fresh, this property offers incredible potential in a prime location. Seller cannot warrant any aspects of the property. This location offers the ultimate convenience and lifestyle! Just a short bike or golf cart ride to the Downtown Waterfront, Golf Courses, Marinas, Dining, Entertainment, Shopping, and the World-Famous St. Pete Pier. Enjoy easy access to nearby parks or the state-of-the-art Recreation Center offering opportunities for pickleball, tennis, swimming, or kayaking to explore Weedon Island Preserve. Again, the brand-new YMCA, Mangrove Bay Middle School and coveted Shore Acres Elementary are just moments away. Call today for more details!
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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 | $192,000 | $192,000 | $192,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 7.000% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.182% | 6.412% |
Monthly Tax Payment | $359 | $359 | $359 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,277 | $1,277 | $1,633 |
Total Monthly Payment | $1,711 | $1,711 | $2,067 |
* 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.