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**Exceptional Opportunity in Riviera Bay ~ Prime Land Value!** WELCOME TO RIVIERA BAY ~ LOCATION, LOCATION, LOCATION! FALL in LOVE with this SPECIAL LOT and BUILD the HOME of your DREAMS on this BEAUTIFUL PEACEFUL OVERSIZED LOT with a home situated in a FANTASTIC location with a view of RIO VISTA POND and biking trail. This AMAZING 1, 755 sq ft 3 bedrooms and 1 bathroom home is in one of the most sought-after neighborhoods in St. Petersburg ~ Riviera Bay, PERFECT for outdoor enthusiasts! Imagine the convenience of having lush green spaces, parks, playgrounds, and scenic walking paths right at your doorstep! ENJOY fishing from your backyard! Features about this home that you will LOVE are Metal Roof (2016), HURRICANE SHUTTERS, HIGH IMPACT WINDOWS (2022), SOLAR PANELS (2022), Multiple Storage Spaces, Front Screened-In Sunroom, QUARTZ COUNTERTOPS, and FLOOD BARRIERS that are attached to the home. This property has recently experienced flooding, and the owner is pricing it to make it an UNBEATABLE OPPORTUNITY. This is your chance to REBUILD or BUILD the HOME of your DREAMS in an excellent community. Whether you envision a modern masterpiece or a charming retreat, this spacious OVERSIZED lot provides ample room for your creativity and vision. Don’t miss out on this unique opportunity to invest in a location that offers a lifestyle of comfort and leisure. Seize the moment and start planning your future in Riviera Bay today! Contact us for more information and to explore this exceptional property. The price of this flooded home has been reduced and looking for someone who wants to rebuild, build up or build new construction. RIVIERA BAY is one of the BEST locations offering quick access to DOWNTOWN ST. PETE, waterfront parks, sidewalk cafes, museums, airports, beaches, interstates, shopping, and restaurants. MUST SEE THIS OPPORTUNITY to own little bit of Florida Paradise!
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Our Executive Mortgage Banker:
Our Insurance Division:
$350,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $280,000 | $280,000 | $280,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.887% | 6.790% | 6.014% |
Monthly Tax Payment | $95 | $95 | $95 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,701 | $1,793 | $2,325 |
Total Monthly Payment | $1,871 | $1,963 | $2,495 |
* 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.