Pass-A-Grille Premier interior lot with protected Intracoastal Waterway views! This unique property looks southeast down Pass-A-Grille Way, across the street is the water giving you amazing views that won’t be blocked! You also have peek a boo views of the Gulf of Mexico for sunsets on the 2nd and 3rd level of a new build. This buildable rectangular lot is already cleared, making it the perfect blank canvas for building your dream beach home. Soil borings results are available! Showing excellent, dense dirt ready for construction! You are less than 2 blocks from the beach sand, five blocks from the main street with shops and restaurants, 6 blocks from Pass-A-Grille Marina for storing your boat, The Don Cesar Hotel is 1. 2 miles north. Also 10 minutes from I-275 to get wherever you would like to go. Truly living the dream in Pass-A-Grille! (Drone photos were taken from elevations of what would be 2nd and 3rd levels of a new build. )
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,199,999
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 | $959,999 | $959,999 | $959,999 |
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 | $6,387 | $6,147 | $8,429 |
Total Monthly Payment | $6,512 | $6,272 | $8,554 |
* 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.