Huge price reduction in this unique property, truly one of a kind with endless possibilities for income potential. Exquisite executive home plus separate guest house/ADU situated on just shy of 2 acres with no HOA, no deed restrictions, with easy commute to St. Pete, Tampa, Bradenton and Sarasota. The spacious main house offers 4 bedroom 3 baths plus den/office with an easy conversion to 5th bedroom, 3 car oversized garage is on the market. This updated home boasts spacious rooms, tile throughout, stone counters, and surround sound inside and out. The large open kitchen is an entertainer’s dream featuring an island and two dining areas, plus a Mediterranean outdoor addition. The home focuses on the ample sized pool and the exquisite grounds. You will find a new exterior 400 sq ft. space slated to be a master kitchen or whatever you desire. There is an octagonal shaped tiki hut for relaxing or potential bonsai garden/art enjoyment, plus a large 20x30 ft. rectangular tiki area for family/friend gatherings surrounded by hundreds of feet of lush lit pergolas and sidewalks. The grounds are accompanied by a large koi pond, two waterfalls and is simply breathtaking, the back of the house also has a large waterfall landscaped with three streams that flow through it to a reservoir. This outdoor oasis is truly one of a kind and the perfect place for your whimsical getaway! The rear of the property features a large workshop insulated with AC and electric, and a separate free standing shed. An exceptional bonus is the brand new addition of the new 2 bed 2 bath 1 car garage ADU added to the property at 1000sq ft under air. The ADU has its own water, septic, and electric – perfect for a guest house, MIL, or potential rental income. Truly a one-of-a-kind property, very well maintained, call today for your private showing! Location is prime, minutes to shopping, Gulf Beaches are within 30 minutes. Endless possibilities await!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,125,000
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 | $900,000 | $900,000 | $900,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | $534 | $534 | $534 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,763 | $5,763 | $7,902 |
Total Monthly Payment | $6,422 | $6,422 | $8,561 |
* 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.