An extraordinary opportunity awaits to build your dream home on this expansive, west-facing double lot with 160 feet of prime Gulf of Mexico frontage. Situated in one of Dunedin's most coveted locations, this property offers an unparalleled canvas for your vision. You have the freedom to select your architect and builder to craft a custom waterfront residence that perfectly complements the stunning water views. This is one of the last remaining double lots directly on the GULF in the heart of Dunedin. A new dock was completed in April 2024, adding a value and convenience for boating enthusiasts. Dunedin is a golf-cart-friendly community, offering easy access to the greater Tampa Bay, including the Tampa International Airport. Dunedin is renowned for it charming, progressive atmosphere, featuring a vibrant downtown with award-winning restaurants, craft breweries, and a thriving arts scene. The city is home to one of the finest municipal marinas on Florida's West Coast, offering safe harbor for sail and powerboats with convenient dockside amenities. Explore the natural beauty of Honeymoon and Caladesi Islands, where you can enjoy windsurfing, sailing, kayaking, paddleboarding, fishing, and jet skiing or simple unwind on our white sandy beaches. Please note, the home on the property was impacted by Hurricane Helene and IS NOT accessible. The true value is in the land, "deep" water canal and its exceptional location. Don't miss this rare chance to own a slice of paradise on the Gulf of Mexico.
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Our Executive Mortgage Banker:
Our Insurance Division:
$4,000,000
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 | $3,200,000 | $3,200,000 | $3,200,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.200% | 6.748% | 6.786% |
Monthly Tax Payment | $729 | $729 | $729 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $21,290 | $20,490 | $28,096 |
Total Monthly Payment | $22,144 | $21,344 | $28,950 |
* 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.