Build your luxury dream home on one of the most desired and largest waterfront lots in Bahama Shores of St. Petersburg! This resort-style property is a . 76-acre lot, 138-by-270 feet, which looks out to direct open water paradise views, with dolphins and manatees frequently passing by in the water. The backyard oasis is an excellent space for entertaining or creating a majestic garden. The backyard is also where you can enjoy the most breathtaking sunrises. This home is also ideal for those who are boating enthusiasts with a love of the outdoors and includes a shared dock with a personal boat lift. The navigable channel provides access to downtown St. Pete or visit the Gulf of Mexico islands just minutes away. The charming Bahama Shores neighborhood is just minutes from downtown St. Petersburg, which hosts many great restaurants, museums and waterfront parks. Just a 15-minute drive to the beaches and 30 minutes to Tampa International Airport. On the property is a 1959 block-constructed 2, 856-square-foot home with four bedrooms, three baths, a tile roof in 2004, solar panels in 2019 and new air conditioner. Professional photos of the inside are available upon request. Home and pool will need a full remodel
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,000,000
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 | $2,400,000 | $2,400,000 | $2,400,000 |
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 | $772 | $772 | $772 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $15,367 | $15,367 | $21,072 |
Total Monthly Payment | $16,264 | $16,264 | $21,969 |
* 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.