Price improvement!!!This is your opportunity to turn two parcels of land into whatever you dream, at 10400 Snug Harbor Rd NE, St. Petersburg, FL
Discover a unique chance to embrace coastal living in the Snug Harbor community. Tucked away in a tranquil and secluded setting, these two vacant lots represent a rare opportunity to build either two single-family residences or up to six-unit multifamily dwelling. This is your canvas for realizing the coastal lifestyle you've dreamed of or making a strategic investment in one of Florida's most desirable areas.
Key Features and Options
Versatile Development: The lots together cater to both single-family homes and multi-unit dwellings, offering flexibility to potential homeowners and investors.
Exclusive Location: Snug Harbor is famed for its breathtaking scenery, tranquil ambiance, and strategic proximity to Florida's top attractions. Experience serene living with effortless access to essential amenities.
Expansive Space: Both lots provide ample room for creative and expansive designs. Whether you're envisioning two single-family havens or a small community of up to six townhomes, the possibilities are vast.
Natural Allure: Surrounded by lush landscapes and mature trees, Snug Harbor offers a peaceful retreat for nature lovers. The tranquil environment is perfect for those who cherish natural beauty and calm surroundings.
Boating and Water Activities: Just moments from the Gulf of Mexico, Snug Harbor is ideal for boating enthusiasts. Enjoy easy access to nearby marinas for launching your boat year 'round and exploring the open waters.
Convenient Amenities: Even with its secluded charm, Snug Harbor offers close proximity to shopping, dining, and entertainment options. All daily conveniences are just a short drive away, making life here perfectly balanced between peace and practicality.
Highly Regarded Schools: Families will benefit from the excellent educational opportunities within the Pinellas County School District, ensuring a bright future for younger residents.
Exciting Community Developments: The area is on the cusp of significant growth with the upcoming development of a 39-acre parcel nearby, approved for a mixed-use project combining residential and commercial spaces. This dynamic addition will enhance local infrastructure and create a vibrant hub for residents and businesses alike.
This is your invitation to secure not just one, but two pieces of paradise. Whether you're envisioning your forever homes or investing in prime land, these Snug Harbor lots provide a unique opportunity to bring your visions to life. Contact me today to take the first step toward owning these tranquil and promising plots. Opportunities like this don't come often, so act swiftly to make this coastal dream a reality.
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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 | $243,920 | $243,920 | $243,920 |
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 | 7.563% | 7.159% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,623 | $1,621 | $2,057 |
Total Monthly Payment | $1,698 | $1,696 | $2,132 |
* 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.