Incredible waterfront property tucked in an alcove on Lemon Bay just off the Intracoastal Waterway & steps away from the 210-acre Lemon Bay Park. Shovel ready with Impact fees paid! Sewer & water lines are in place capped off, just need to connect to them. Build will be in AE Flood Zone so ONLY STEM WALL NEEDED, no pilings which is an enormous money saver. Neighbor next-door is for sale as well so DOUBLE LOT is possible! Plenty of room for a pool. Seawall was replaced in 2008 retaining its grandfathered loading step for easy use in endless kayaking & fishing opportunities off the backyard, along with a plethora of wildlife to enjoy. A pod of dolphins visits daily, with Egrets & Herons hanging out on the seawall, young tarpon playing & mullet jumping daily. Blind Pass Beach is just across the Intracoastal. View is priceless! This gem surrounded by beaches, boating, golfing, shopping, restaurants, historic Dearborn Street, and so many more amenities that attract the world to vacation here! Have floor plans & quotes for a 2100 sq. ft. 3 bedroom, 3 bathroom, with an office from a local builder, ask for more details.
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Our Executive Mortgage Banker:
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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 | $679,920 | $679,920 | $679,920 |
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 | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,524 | $4,354 | $5,970 |
Total Monthly Payment | $4,616 | $4,446 | $6,062 |
* 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.