Are you ready to turn your dream home vision into reality? Look no further! Maximize the land's true potential in this incredible property nestled in the sought-after enclave of Davis Island, offering you the perfect canvas to create your ideal living space. With a generous total lot size of 8, 844 square feet, the possibilities are endless! The existing house on the property offers the unique opportunity to tear down and start a new one, ensuring your dream home matches your vision down to the finest detail. Imagine designing and building your own custom residence, perfectly tailored to your preferences and lifestyle. The generous lot size provides ample space for a wide range of architectural possibilities, including a luxurious estate, a modern masterpiece, or a traditional family home. With its prime location on Davis Island, you'll be surrounded by some of Tampa's most prominent professional athletes, celebrities, and a short proximity to Downtown Tampa and all that it has to offer. Whether you're a savvy builder or a homeowner with a vision, this property is a great opportunity. Seize that opportunity to build the home you've always dreamed of. Contact us today to schedule a viewing and take the first step toward envisioning the limitless possibilities that await you on this exceptional property. The canvas is yours; let your imagination run wild and turn your dream into reality!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,000,000
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 | $800,000 | $800,000 | $800,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.750% | 6.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.239% | 6.849% | 7.037% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | TBD | TBD | TBD |
Initial Principal & Interest Pmt | $5,390 | $5,189 | $7,135 |
Total Monthly Payment | $5,482 | $5,189 | $7,135 |
* 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.