Waterfront Opportunity with Stunning Views – Perfect for the buyer looking for a custom renovation project! Located on a serene waterfront 1 acre lot, this property offers the rare chance to create your dream home in one of Tampa Bay's most coveted areas in Safety Harbor. With breathtaking water views, spacious lot, and easy access to local marinas and beaches, this is a prime location for those who love coastal living. Imagine the possibilities—rebuild a stunning waterfront retreat with all the modern upgrades you desire while preserving the breathtaking views and the peaceful ambiance. Please note, the property sustained substantial flooding during Hurricane Helene and is in need of renovation. Whether you’re an investor or a buyer looking for a custom project, this home offers incredible potential with its large lot, open layout, and unbeatable location. This property is being sold as-is, presenting a unique opportunity for those willing to take on a renovation project and create a bespoke home tailored to their vision. Take advantage of the location minutes from shopping, restaurants and top rated schools - turn this hidden gem into a spectacular waterfront residence! This home is a cash purchase only needing major renovations and may be considered a complete tear down.
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Our Executive Mortgage Banker:
Our Insurance Division:
$530,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $424,000 | $424,000 | $424,000 |
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 | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | $139 | $139 | $139 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,821 | $2,818 | $3,576 |
Total Monthly Payment | $3,052 | $3,049 | $3,807 |
* 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.