Under contract-accepting backup offers. Here's your opportunity to put your personal touch on this magnificent two-story WATERFRONT residence located at 2250 Mermaid Point NE in the esteemed Venetian Isles of St. Petersburg, FL. This 4 bedrooms/4 bathrooms home boasts 3, 572ft² of air conditioned living space, also featuring: a backyard oasis with POOL and COVERED entertaining area, NEWER DOCK and SEAWALL (2017), a NEWER clay tile ROOF with 35+ years of life remaining (installed in 2013), ELEVATOR, full house GENERATOR, and a 3-CAR garage, all sitting on a spacious 12, 158 square foot lot.
As you step inside, you'll be greeted by captivating water views. The main floor hosts 3 bedrooms and 3 bathrooms - ALL with EN SUITE bathrooms. The 2 story open living room offers views and sliding glass doors to the backyard patio, pool and canal. The MASSIVE primary suite resides on the ENTIRE second floor, easily accessible via the convenient elevator. This upper level suite has an incorporated office area, walk in closet, en suite bathroom featuring a garden tub with separate walk in shower, and separate double vanities. The newer seawall and dock (2017) provide seamless access to one of the largest canals in Venetian Isles, allowing for effortless boating excursions to the glistening waters of Tampa Bay.
Outside, a sprawling private yard with a variety of outdoor spaces, including a vast paved, covered back porch that's perfect for basking in the Florida sunshine is complimented by a large heated pool.
This Mermaid Pointe Oasis offers an unparalleled opportunity for waterfront living and lavish entertaining. All that's missing is your personal touch. Don't miss the chance to make this stunning waterfront retreat your own.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,000,000
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 | $1,600,000 | $1,600,000 | $1,600,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.750% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.406% | 6.864% | 7.058% |
Monthly Tax Payment | $2,500 | $2,500 | $2,500 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $10,378 | $10,378 | $14,159 |
Total Monthly Payment | $13,003 | $13,003 | $16,784 |
* 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.