8181 98th STREET, Seminole, FL, 33777 | $1,500,000

Take this rare opportunity to build on 1. 82 acres nestled in nature for a dream home with all the fixings, detached in-law, pool, garden, tennis court, etc. Surrounded by water and nature while convenient to the Gulf Beaches and all city amenities, this is prime acreage across from Lake Seminole Park with 3 schools in walking distance and downtown and the beaches just minutes away. This has to be the most private and lush lot left in Pinellas County.

Developers - this is currently zoned RE with Future Land Use (FLU) designation up to RU, giving you potentially 7 dwellings per acre! Other potential uses include creating the ultimate AirBnB or short-term rental, Residential Group Home, a PadSplit Room Rental Cash Cow, Bed and Breakfast, the perfect live/work compound, School, Religious Facility, Senior Housing (or ALF), Veterinary Clinic, Indoor/Outdoor Kennel or Pet Resort, or Daycare! Minutes from Madeira Beach and Treasure Island!

Creative owner may consider lease, lease-purchase option or partial seller financing.

Features

  • Lot Size: 125 x 636
  • MLS#: U8238664
  • Days on Market: 125 days
  • Website: https://www.raveis.com
    /prop/U8238664/818198thstreet_seminole_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 9/29/2024 3:17:10 PM)
Listing courtesy of JACK KELLER INC   Phone: 727-586-1497

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

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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
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

8181 98th STREET, Seminole, FL, 33777

$1,500,000

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 $1,200,000 $1,200,000 $1,200,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.250% 6.250% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.371% 6.372% 6.182%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $7,389 $7,389 $10,126
Total Monthly Payment $7,514 $7,514 $10,251

* 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.