For the first time in 37 years, this rare gem is hitting the market! Nestled in the coveted Baileys Bluff neighborhood, this property offers a slice of waterfront paradise on a pie-shaped oversized lot with a private cul-de-sac location.
Boasting over 181 feet of water frontage and spanning nearly half an acre (16, 900 sq. ft. ), this property is surrounded by million-dollar homes and lush tropical landscaping, creating the perfect setting for your serene waterfront retreat. Imagine mornings with the birds as your only rear neighbors, thanks to the preserved area across the water offering ultimate privacy and endless entertainment from the local wildlife. Whether you choose to rebuild your dream home or elevate the existing residence, this property provides limitless potential.
The home has passed a four-point inspection after the October storms (10/17/2024), with all major systems, including electrical, AC, plumbing, and septic, in working order. Even during Hurricane Helene, only five inches of water entered the home—barely enough to touch the outlets!
This property offers direct Gulf access, just one minute from the bayou to the Gulf of Mexico. There is a covered dock with a lift (in need of repair), perfect for launching boating adventures. You’ll enjoy phenomenal bayou vistas and Gulf breezes, while mature palm trees and tropical landscaping create your personal paradise. A gated half-circle driveway adds a touch of convenience and sophistication for you and your guests. The inground pool is in good shape and currently has a cage that needs new screens.
Located just off the Gulf of Mexico, this highly sought-after area places you near a wealth of attractions, including waterfront activities, beaches, and the famous Anclote Sandbar, just a quick boat ride away. Restaurants, shopping, schools, and medical plazas are all within easy reach, making this property the perfect blend of convenience and tranquility.
Seize this rare opportunity to make 2014 Cove Court your dream home. Whether you envision a luxurious modern build or a restored classic, this tropical oasis is ready to turn your dreams into reality. With no mandatory HOA or CDD, you’ll have the freedom to create the lifestyle you’ve always imagined. An optional HOA membership is available for $100/year, offering clubhouse and water access if you choose to join.
Contact us today to schedule your private tour and take the first step toward living the waterfront lifestyle you've always dreamed of. This sale is based on land-only value. No wholesalers, please.
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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 | $311,920 | $311,920 | $311,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.295% | 6.538% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,075 | $2,101 | $2,674 |
Total Monthly Payment | $2,150 | $2,176 | $2,749 |
* 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.