CASH BUYERS ONLY! For the first time ever, this property experienced flooding during Hurricane Helene. Great sized lot 90 x 111 just a few houses in from Tampa Bay. Professional remediation completed with all documentation available, the property is being offered AS IS at just the LAND VALUE.
Nestled in the highly desirable waterfront neighborhood of Venetian Isles, this 3-bedroom, 2-bath home is a rare opportunity to create your dream residence. Enjoy stunning water views from the kitchen, dining room, and living room, or relax on your private and take in the spectacular bay views.
The seawall and dock were fully replaced in 2004, and the brand new hurricane impact bi fold doors to the rear lanai undoubtably provided some protection during the recent storms and helped to minimize damage. The home can be restored under FEMA's 50% rule for renovations, or you can start fresh and build the custom home of your dreams on this magical lot.
Located in a deed-restricted community, this property offers direct access to SAILBOAT WATER, making it ideal for boating, fishing, kayaking, or simply soaking in the serene waterfront vistas. With NO FIXED BRIDGES TO BAY, this is truly a boater's paradise.
All this, while being just 5 miles from vibrant downtown St. Petersburg, home to world-class museums, parks, nightlife, shopping, and award-winning restaurants. Plus, Tampa International Airport is a convenient 25-30 minute drive away.
Don’t miss this exceptional opportunity to create your slice of paradise in one of Florida’s most sought-after locations. Buyer to verify all information and room measurements.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$995,000
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 | $796,000 | $796,000 | $796,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.750% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.286% | 6.874% | 6.972% |
Monthly Tax Payment | $568 | $568 | $568 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $5,296 | $5,163 | $7,044 |
Total Monthly Payment | $5,956 | $5,823 | $7,704 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.