Auction Property. Property will be sold As-Is, free & clear of all liens. Listing price reflects the opening bid. The auction will be held live, at the property on Dec 14th at 11 am. Preview and registration at 10 am. Additional preview Dec 4 from 5-7 pm. The seller reserves the right to review and/or accept offer(s) before the scheduled auction date.
Welcome to 755 119th Ave, where coastal living meets luxury and convenience. Nestled in the sought-after Isle of Capri community in Treasure Island, this home offers unparalleled access to the Gulf of Mexico and is perfect for those seeking the quintessential Florida lifestyle.
This property boasts 12-foot ceilings in the main living space, creating an airy, open feel, and is equipped with hurricane-impact windows and sliding glass doors for peace of mind. The split floor plan and open layout provide both functionality and flow, while the indoor laundry room adds everyday convenience.
Step outside to your private paradise: a travertine pool deck surrounds the saltwater pool, offering the perfect retreat for relaxation or entertaining. Boating enthusiasts will love the composite boat dock (2019) featuring electricity, water, a 10, 000-pound boat lift, and a newer seawall (2020) making days on the water effortless.
The Isle of Capri community enhances your lifestyle with amenities such as tennis and pickleball courts, shuffleboard, a playground, a dog park, a gazebo, and a baseball field.
This property underwent a massive transformation in 2014. The two-phased reconstruction resulted in an expanded footprint, increased energy efficiency and updated hurricane code requirements. To better understand the transformation, it is important to know the extent of rebuilding for this home. The entire roof structure was removed and additional block was added to raise the ceiling height. New trusses were installed. Additional updates in 2014 include: new 200 amp electrical system, spray foam insulation on underside of new tile raised roof, energy-efficient hurricane-rated low-e double pain windows and sliding glass doors, all new plumbing and sewer lines connected to the main sewer line, tankless gas water heater, new AC ductwork, laundry room enclosed by frosted glass barn doors, recessed lighting thoughout, 10-foot ceilings in bedrooms and bathrooms, backlit calcite stone feature in half bath, saltwater pool with travertine patio and pool deck, expansive stairs leading to new dock and 10, 000 pound boat lift, irrigation system, stucco garage with epoxy floor and paver circular driveway. A brand new HVAC was installed in October following Hurricane Milton.
While the property sustained flood damage from Hurricane Helene, it was remediated professionally and immediately following Hurricane Helene and it is ready for your custom touches. The seller was able to preserve a lot of items including: a Bosch double oven, gas range cooktop, kitchen vent fan & light, microwave oven, quartzite island and countertop in the kitchen, sinks in the kitchen, bath and laundry closet, all faucets, cabinets and drawer pulls, custom white floating vanity in the half bathroom along with the calcite countertip and custom lighted mirror wall panel, 3 Kohler commodes, black stone countertop with double sinks and faucets for the primary en-suite bathroom, frosted glass barn doors for the laundry closet and all electrical outlet covers.
Waterfront Living in the Coveted Isle of Capri – Don’t Miss This Opportunity!
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William Raveis Mortgage, LLC
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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 | $800,000 | $800,000 | $800,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.750% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.321% | 6.876% | 6.850% |
Monthly Tax Payment | $572 | $572 | $572 |
H/O Insurance Payment | TBD | TBD | TBD |
Initial Principal & Interest Pmt | $5,189 | $5,189 | $7,024 |
Total Monthly Payment | $5,853 | $5,761 | $7,596 |
* 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.