Experience waterfront living at its finest, at this direct Gulf of Mexico property! This is your chance to own a waterfront gem on SEABREEZE ISLAND! This property offers endless possibilities - renovate the current 4-bedroom, 3 bathroom, 2200 sq. ft. ranch-style home or build your dream waterfront retreat, with this prime location directly across from Fred Howard Park and Beach. Imagine watching dolphins play, fishing off your own dock, kayaking and enjoying sunsets from your backyard oasis, complete with a private pool and spill-over heated spa for refreshing dips and plenty of space to relax by the water. You can boat out your back door to Honeymoon Island, Caladesi Island and Anclote Island, all just a few minutes away. Though this home was recently impacted by flooding, it’s offered AS-IS for your convenience-perfect for those looking to bring new life to an existing structure or build their dream waterfront home from the ground up. This concrete block home was completely remolded between 2019 & 2024 and includes hurricane impact windows - (2019), New garage addition - (2021) New heated pool & Spa - (2020), Dock rebuilt with composite decking and wrapped pilings!- (2022), New concrete circular driveway - (2024), New front yard irrigation system. After Hurricane Helene upgrades include, Elevated High-End pool equipment including heater & chiller for hot weather - (2025)
New canopy cover for the boat-lift - (2025). The upper kitchen cabinets and quartz countertops for kitchen, master bathroom and powder room are intact. This home is your chance to own a slice of paradise. Seller is motivated!! Don’t miss out on this incredible opportunity!
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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 | $680,000 | $680,000 | $680,000 |
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 | $520 | $520 | $520 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,524 | $4,354 | $5,970 |
Total Monthly Payment | $5,136 | $4,966 | $6,582 |
* 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.