Do not pass the opportunity to own this Waterfront Property in Boating Paradise of Tierra Verde – A Prime Location for Homeowners, Investors, and Builders! This property offers stunning open water views of Tampa Bay and presents a rare chance to own a waterfront lot in the coveted Sands Point neighborhood of Tierra Verde. If you dream of a lifestyle filled with boating, fishing, and relaxing by the pool, this is a must-see.
The lot features a pool, spa, boat dock, and a 12, 000 lbs operational boat lift, providing direct, bridge-free access to Tampa Bay and the Gulf of Mexico. The existing 2, 510 sq. ft. elevated pool home, with a two-car garage, did not flood during the hurricane but did experience minor water intrusion. However, the home requires significant renovation throughout and is being sold as-is, with no value placed on the structure. This presents a prime opportunity to rebuild or create a custom new construction that suits your vision.
A unique aspect of this property is its surprisingly private pool area, surrounded by lush landscaping, which provides an unexpected sense of seclusion—rare for canal-front properties. Enjoy stunning sunrise views over Tampa Bay, and take advantage of easy access to the Gulf’s open waters. Tierra Verde is a perfect island community, offering walking trails, pickle-ball courts, great dining options, and a tranquil atmosphere. This private oasis is just 12 minutes from downtown St. Petersburg, 40 minutes from Tampa International Airport, and only five minute drive from Fort De Soto Park, offering pristine beaches and excellent dog park.
With its prime location and tremendous potential, this property is perfect for creating your dream home.
The seller is open to offers, and a survey is available upon request.
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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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,359,200 | $1,359,200 | $1,359,200 |
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 | $8,703 | $8,703 | $11,934 |
Total Monthly Payment | $8,828 | $8,828 | $12,059 |
* 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.