Welcome to your dream waterfront oasis in sunny Florida! This exceptional property offers endless possibilities, whether you envision a stunning single-family estate, a serene family compound, or a small custom-home development. Nestled along nearly 900 feet of pristine tidal creek frontage, this hidden gem provides direct access to Tampa Bay with no bridges or overpasses to navigate. Enjoy the tranquility of a short quiet street that ends at the water. This five-acre property has two acres of upland, which allows for at least two single family homes under the current ASC-1 zoning. With a future land use (FLU) designation of R-4, and a mix of ASC-1 and R-3 zoning in neighboring properties, there’s potential for even more development. Situated between Westchase and Oldsmar, this location offers top-rated schools and quick access to the finest beaches, exquisite dining, premium shopping destinations, and Tampa International Airport. Public water, sewer, electric, and high-speed internet are already in place. Don’t miss out on this rare opportunity to create your waterfront paradise. Schedule your showing today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,430,000
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 | $1,144,000 | $1,144,000 | $1,144,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.125% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.443% | 6.258% | 6.201% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,951 | $6,951 | $9,654 |
Total Monthly Payment | $7,076 | $7,076 | $9,779 |
* 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.