Just steps from the Gulf of Mexico, this prime beachfront lot offers an unparalleled chance to create your dream coastal retreat. The possibilities are almost endless for this nearly one-acre site in a highly desirable location that balances privacy with quick access to everything you need. Imagine crafting a home that maximizes the stunning water and sunset vistas and capitalizes on the area’s exceptional allure — ideal for a vacation getaway or even a lucrative rental. You will enjoy the beach lifestyle with almost one hundred feet of shoreline as well as a deeded strip of land that will take you to the bay and a private dock – providing access to some of Florida’s best fishing and waterways. Do not miss your chance to transform this rare offering into your coastal beachfront masterpiece. Please note: The current home has not been remediated and contains mold, with flood damage sustained during recent hurricanes. However, it rests on a solid foundation. The survey and elevation certificate are being prepared.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,925,000
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 | $2,340,000 | $2,340,000 | $2,340,000 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $15,568 | $14,983 | $20,545 |
Total Monthly Payment | $15,693 | $15,108 | $20,670 |
* 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.