READY TO BUILD YOUR DREAM HOME? Here's your opportunity to build a NEW home on a VACANT Waterfront lot up to current code! A local builder has designed several options for potential buyers to consider, or bring your own builder or plans! Would you like to build a home with a separate in-law apartment or rental unit? This buildable open-waterfront property is waiting for you and is zoned for a single-family home AND an accessory dwelling unit! Welcome to the desirable Pink Streets neighborhood in St. Petersburg where this one-of-a-kind property features 95 ft of waterfront and provides 180-degree water views to the south, east, and west where you can enjoy stunning, unobstructed views of the Sunshine Skyway Bridge and its nightly light shows and watch the cruise ships passing in and out of the Port of Tampa Bay. From this property you can see an array of marine life including dolphin, snook, redfish, and more. Located in the desirable Pink Streets neighborhood, this beautiful vacant waterfront lot is minutes from Downtown St. Pete, world renowned beaches, and 20 minutes from Tampa International Airport. A recent property survey and Buildable Lot Letter from the City of St. Pete are available.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,750,000
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 | $1,400,000 | $1,400,000 | $1,400,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,964 | $8,964 | $12,292 |
Total Monthly Payment | $9,089 | $9,089 | $12,417 |
* 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.