RARE OPPORTUNITY!! Tucked away for privacy on a cul-de-sac, this waterfront property boasts an IMPRESSIVE 140 FEET OF WATERFRONT…. this is almost unheard of!!! Build your dream home to fully showcase the expansive waterfront views, this property can fulfill all your coastal lifestyle dreams. Just envision the possibility of creating your dream residence on this generous canvas. As an added value, the owner has a COMPLETE SET OF ARCHITECTURAL PLANS already completed for a 6500 sq ft new construction pool home. This exceptional design includes 3500 HEATED sq ft, 1246 lower level garage, 1569 sq ft covered lanais/sun decks and spacious pool. With its prime protected location on the intercoastal and just minutes to the open waters of the Gulf of Mexico, this is a boater’s dream. Explore nearby waterfront dining options at John’s Pass or head north to Salt Rock Grille. Don't miss this extraordinary opportunity to own your own piece of Redington Shores waterfront paradise. Make this property yours and experience the pinnacle of coastal living.
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Our Executive Mortgage Banker:
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$1,190,000
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 | $952,000 | $952,000 | $952,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.864% | 6.810% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,096 | $6,175 | $8,359 |
Total Monthly Payment | $6,221 | $6,300 | $8,484 |
* 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.