Location. location. Location!!!! No damages during the hurricanes - house on stilts. Once in a lifetime opportunity to own the turnkey 4plex on Treasure Island. Rare find. . . a pristine and elegant two-story custom built 4 units in 1 building. 4 income producing units overlooking the 80 feet of Bocca Ciega Bay. Totally updated waterfront building. It is comprised of 1 unit -3 bedroom and 2 baths, 1600 sq ft, 2 units - 2 bedroom , 2 bath , 1100 sq ft each and a studio 500 sq ft with the same balcony view as the other 3 units. . Perfect for owner or investor. Owners’ unit is top floor and completely updated: kitchen and bathrooms. , gorgeous open water views and views of the large saltwater pool and spa. Pool has a delightful bridge leading to the dock. Features include but not limited to, new roof, new AC, all units have hurricane rated windows and sliding doors, granite counters, custom wood cabinets, updated kitchens and washers & dryers. All units have water views and pool views. extra-large dock and 4 boats slips are possible. building is elevated providing secure covered parking. All units have walk-in closets and separate outside additional storage area under the building. Property offers 4 carports under the building, 6 plus additional parking spaces and multiple outdoor living spaces. You will appreciate being tucked away from all the hustle, bustle & noise of the main road. instead, you will relax, unwind and find yourself inspired by the beautiful views and sounds of the surf. Find adventure waiting just outside your door! Enjoy kayak, paddleboard and more in the gulf or walk to the beach, shopping, Johns Pass, dining, recreation, entertainment, community parks, tennis courts & public boat marina. Buy and hold or invest for income purposes (numbers will be provided on request). It is the perfect 1031 exchange opportunity. Either way, the numbers work! Call to schedule your private tour today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,200,000
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 | $2,560,000 | $2,560,000 | $2,560,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.559% | 6.723% | 6.847% |
Monthly Tax Payment | $1,807 | $1,807 | $1,807 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $16,604 | $16,392 | $22,477 |
Total Monthly Payment | $18,536 | $18,324 | $24,409 |
* 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.