Wow! What a view! Amazing deep water frontage that can see all the way to downtown St. Pete! Boaters, water enthusiasts, THIS IS YOUR PICASSO! This home presents a great opportunity for visionary buyers or investors. Imagine building your dream home here or finishing the existing remediated home to its glory. With a 2022 built 75’ Dock, boat lift, Seawall, and elite Sekas pool with spa and sundeck, here is where the memories begin. Have your coffee with pelicans and parrots. Swim with the dolphins right from your own backyard. Located in the heart of St. Pete Beach, off of Gulf Blvd, close to Corey Ave, the restaurants and fun! At 75x140 this spacious 10, 502 sqft. lot is magnificently placed at the top of Bay Street Triangle and 71st and the Bay. Priced favorably at land value AS-IS but also ready for finishes. This home did take on water during Hurricane Helene. St Pete Beach/FEMA has approved fixing the current home, (see disclosure as Non-substantial) or build your dream home. Paradise Awaits! Do Florida in St. Pete Beach.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,499,000
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 | $1,199,200 | $1,199,200 | $1,199,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.625% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.444% | 6.748% | 7.366% |
Monthly Tax Payment | $2,025 | $2,025 | $2,025 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,878 | $7,679 | $10,612 |
Total Monthly Payment | $10,028 | $9,829 | $12,762 |
* 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.