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Live the waterfront dream on Riviera Bay in beautiful St. Petersburg! RARE HALF ACRE DOUBLE LOT with an opportunity to build your dream home. Nestled along the serene shores of Riviera Bay and surrounded by lush mangroves and tropical landscape, this property features 123’ of private/secluded water frontage on a huge 21, 525 sqft lot. This open water retreat is located on an exclusive cul de sac and features a magnificent 130’ dock that recently had all the boards replaced with Trex composite decking. Boaters will appreciate the covered 9, 000lb. boat lift with water and electric. Enjoy evening sunsets on the end of the dock or drop a fishing line towards the mangroves for some of the best fishing around. You will also enjoy the ease of being able to drop a kayak in from the shore and head out to Weedon Island Preserve and take in all that nature has to offer from bird and dolphin watching to fishing the mangroves for snook and redfish. Should you choose to build your dream home, and take advantage of this spacious private lot, the owners already have construction plans for a 4000sqft+ home with pool available to share! The ideal central location puts you only 10 minutes to vibrant Downtown St. Pete and 15 min to Downtown Tampa. Boaters will enjoy quick and easy access to open water and only 30 minutes to The Pier and Downtown St. Pete. Embrace the Florida lifestyle, with award winning beaches, pristine golf courses and an abundance of outdoor recreational opportunities all within easy reach. Be sure to check out this amazing opportunity and get ready to live the Salt Life!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,375,000
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 | $1,100,000 | $1,100,000 | $1,100,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.375% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.895% | 6.496% | 6.449% |
Monthly Tax Payment | $950 | $950 | $950 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,773 | $6,863 | $9,432 |
Total Monthly Payment | $7,848 | $7,938 | $10,507 |
* 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.