12150 4th STREET E, #Lot 7, Treasure Island, FL, 33706 | $939,000

BIG PRICE CUT . . . . GREAT VALUE . . . Calling especially all SAILBOATERS, OFFSHORE Fishermen or Divers – who are in search of a NEW HOMESITE (or a weekend getaway) with IMMEDIATE GULF ACCESS via Johns Pass … “STOP THE CAR” … you’ve found an 80’ WIDE lot in sought-after Isle of Capri, Treasure Island – providing protected water and IMMEDIATE access to Johns Pass and the Gulf of Mexico… and even quicker access to popular weekend boating destination of "The Sandbar at Johns Pass", if you'll do most of your boating along the IntraCoastal Waterway . . . . . . . this lot it comes with a perfectly habitable home (though not updated to today’s “HGTV- standards”) that is absolutely ready for your occupancy (clean 4 Pt and Wind Mitigation reports avail) . . . 2 Br /2 Ba / 2-Car GARAGE home … that can provide a place to live while you design your new build, and/or provide rental income for a few years if your plans are not immediate … now priced OVER $100, 000 below 3 recent tear-down / land-sales also on Capri Isle and SEVERAL HUNDREDS of Thousand Dollars lower than a couple of other recent bayfront “tear downs” on Treasure Island (none with as good access to Johns Pass, nor 80’ of water-frontage) … details available on request - or in MLS attachments … great opportunity to BUILD NOW or to BUY NOW and Build later … Seller “will entertain all reasonable offers” as well … HURRY!

Features

  • Lot Size: 80 x 120
  • Elem. School: Azalea Elementary-PN
  • Middle School: Azalea Middle-PN
  • High School: Boca Ciega High-PN
  • MLS#: U8230251
  • Days on Market: 90 days
  • Website: https://www.raveis.com
    /prop/U8230251/121504thstreete_treasureisland_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 7/1/2024 2:17:09 PM)
Listing courtesy of SMITH & ASSOCIATES REAL ESTATE   Phone: 727-342-3800

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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12150 4th STREET E, #Lot 7, Treasure Island, FL, 33706

$939,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $751,200 $751,200 $751,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 7.000% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.838% 7.141% 6.997%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $5,061 $4,998 $6,647
Total Monthly Payment $5,153 $5,090 $6,739

* 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.