Exceptional Building Opportunity in Snell Isle! CASH ONLY - Recently Flooded Home. This property was impacted by Hurricane Helene on 09/26/24. Being sold As-Is for land value. The location and lifestyle this property affords is everything. On this part of Snell Isle you are only a few minute walk to the Vinoy Golf Club and Coffee Pot Bayou meaning 18 holes and daily sunrise/sunset strolls can easily be part of a new routine. Downtown St Pete and St Pete Pier are also very walkable within 20-35mins. No more circling Beach and Bayshore Drives looking for parking. This location in Snell Isle means you can take advantage of the incredible parks along North Shore Drive, as well as the shops, cafes, restaurants and museums, not to mention the amazing events that really make Downtown St Pete. Everyday convenience is also at your doorstep with Whole Foods, Trader Joe's, Fresh Market, and two Publix stores just a short golf cart ride away. The existing solid block home features 2, 066 sq. ft. of living space, 3beds +den, a 1 car garage and a large lap pool/spa. Upgrades include a roof (2018). Choose to renovate or start fresh with a custom build on this spacious 100ft x 116ft lot in the highly desirable Snell Isle neighborhood.
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Our Executive Mortgage Banker:
Our Insurance Division:
$850,000
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 | $680,000 | $680,000 | $680,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.750% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.333% | 6.876% | 6.936% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,410 | $4,410 | $6,017 |
Total Monthly Payment | $4,502 | $4,502 | $6,109 |
* 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.