5274 Miller Bayou DRIVE, Port Richey, FL, 34668 | $175,000

Discover the perfect canvas for your dream custom home in this idyllic location. Nestled within the desirable Marthas Vinyard subdivision in Port Richey, this quarter acre lot (10, 890 Sq. Ft. ) offers an abundance of possibilities. As the last remaining lot for blocks, it boasts an impressive 158 feet of captivating waterfront views. Imagine waking up to the serene canal, which seamlessly connects to the Bayou and ultimately leads to the Gulf. Embrace the waterfront lifestyle with two delightful waterfront parks just moments away - Oelsner Park and Port Richey Waterfront Park. For a touch of excitement, indulge in the nearby Tropical Breeze Casino, setting sail daily (except Tuesday and Wednesday). When you're in the mood for some vibrant city life, downtown Main Street in New Port Richey is less than 10 minutes away. Immerse yourself in the lively nightlife scene, featuring comedy clubs, restaurants, bars with live music, and charming specialty shops. Take leisurely strolls in the picturesque Sims Park or explore the beauty of Orange Lake. This remarkable location offers the perfect blend of tranquility and entertainment, making it an ideal choice for those seeking to build their custom dream home. Engineering report and survey available.

Features

  • Lot Size: 76.56 x 53.04 x 104.13 x 44.20
  • Lot Desc: Buildable, Cleared
  • Elem. School: Richey Elementary School
  • Middle School: Chasco Middle-PO
  • High School: Gulf High-PO
  • Pet Policy: Yes
  • MLS#: W7863375
  • Days on Market: 185 days
  • Website: https://www.raveis.com
    /prop/W7863375/5274millerbayoudrive_portrichey_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 11/22/2024 1:17:08 PM)
Listing courtesy of SANDPEAK REALTY   Phone: 727-232-2192

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888.699.8876

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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
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

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5274 Miller Bayou DRIVE, Port Richey, FL, 34668

$175,000

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 $140,000 $140,000 $140,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.159% 6.296%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $931 $930 $1,181
Total Monthly Payment $1,006 $1,005 $1,256

* 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.