8925 124th STREET, Seminole, FL, 33772 | $724,900

Under contract-accepting backup offers. Unique opportunity to have your Luxury Beach Get-Away plus lucrative Air BnB/VRBO rolled into one!(financial records available for review) Fully operational residence sleeping 12 to 16, has been in full operation for over 2 years. It's just 3. 3 miles to the sugar sand beach of Indian Shores off Gulf Blvd! The home itself is well appointed with lovely furnishings and with plenty of space for guests or your own family to relax and rewind. This stunning home has been transformed with $100K in upgrades. The list of upgrades is countless: Brand new AC (2023), Pool Heat pump (2022), New paint (2022), New Hot Tub (2023), New Samsung TVs (2022); every inch of this residence exudes modern comfort and style. Dive into the recently updated salt water pool with solar water heater and backyard (2022), a centerpiece for you and your guests seeking both leisure and luxury. There is a humongous gathering area with breakfast bar, dining room and living area which easily accommodates 16 or more for dinner. There is an additional Living room in rear that leads through sliders to pool/lounge/picnic area with private heated luxury pool and sunning area, separate heated hot-tub plus pergola picnic and Bar B-que area that seats 12 or more! Ample bedrooms and baths offer several with 2 queen beds per room plus master suite with ensuite bath. There is also a full laundry for your convenience and plenty of parking. Get your slice of paradise but with the added bonus of NO Flood insurance. Hurry! Don't wait! This great investment must be seen NOW!

Features

  • Rooms: 6
  • Bedrooms: 4
  • Baths: 2 full
  • Lot Size: 75 x 104
  • Laundry: Electric Dryer Hookup, Inside, Laundry Room
  • Year Built: 1974
  • Garage: 2-car
  • Heating: Central, Electric, Solar
  • Cooling: Central Air
  • Approx Sq. Feet: 2,080
  • Acreage: 0.18
  • Lot Size: 75 x 104
  • Est. Taxes: $9,144
  • Pool: Gunite, Heated, In Ground
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Range Hood, Refrigerator, Washer
  • MLS#: U8244544
  • Days on Market: 15 days
  • Website: https://www.raveis.com
    /prop/U8244544/8925124thstreet_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 7/6/2024 4:00:40 AM)
Listing courtesy of DONOVAN HOME SALES INC   Phone: 727-692-3088

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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
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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
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

8925 124th STREET, Seminole, FL, 33772

$724,900

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $579,920 $579,920 $579,920
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.815% 7.159% 6.538%
Monthly Tax Payment $762 $762 $762
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,858 $3,854 $4,972
Total Monthly Payment $4,712 $4,708 $5,826

* 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.