Under contract-accepting backup offers. Davis Island waterfront property offering not only an exceptional opportunity to build your dream home, but the chance to enjoy one of Tampa’s most desirable neighborhoods.
The home is being sold for land value in AS IS condition, it sits on a 7, 603 sq ft lot (64x120 ft) with direct canal access. Equipped with a dock featuring water, electricity, and a
fish cleaning station, this property is perfect for waterfront living. While the home was damaged during Hurricane Helene, the true value lies in the land and its prime location
within the sought-after Gorrie Elementary and Plant High School district. Davis Islands has become a destination for professional athletes, executives, and those who desire
the charm of a walkable, close-knit community. Residents enjoy a wide array of amenities, including the Marjory Park Marina, the Sandra Freedman Tennis Complex, Historic
Roy Jenkins Pool, and Peter O. Knight Airport. The neighborhood also features a public boat ramp, two dog parks, a beach, and scenic walking and biking trails. At the heart
of the community is Davis Islands Village, offering multiple restaurants, shops, and bars, perfect for those looking to embrace the island lifestyle. Just minutes from Downtown
Tampa, Tampa International Airport, MacDill Air Force Base, Bayshore Boulevard, Water Street, and Hyde Park Village, this location provides both tranquility and convenience.
Whether you're walking, biking, or cruising around in a golf cart, Davis Islands is designed for outdoor enjoyment with its baseball fields, public tennis courts, and stunning
waterfront views. Don’t miss this rare chance to build in a location that offers the perfect blend of luxury, community, and convenience. Listing Agent MUST accompany all showings, please DO NOT WALK THIS PROPERTY without a showing appointment.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,350,000
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 | $1,080,000 | $1,080,000 | $1,080,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.750% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.321% | 6.876% | 6.850% |
Monthly Tax Payment | $466 | $466 | $466 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,005 | $7,005 | $9,482 |
Total Monthly Payment | $7,596 | $7,596 | $10,073 |
* 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.