Auction Property. This is a rare opportunity for investors or owner-occupants opportunity! This ranch-style home features three bedrooms and two bathrooms, offering a spacious and comfortable living environment. The property includes a two-car garage, a cozy fireplace, and a private fenced yard, perfect for outdoor entertaining and relaxation. As a waterfront residence with a dock, this home provides direct access to the water, making it ideal for boating and water activities. Whether you're an investor looking to flip or rent out or an owner-occupant eager to customize your dream waterfront home, this property offers immense potential in a prime location. The Tropical Shore neighborhood of Saint Petersburg is renowned for its scenic beauty and vibrant community. Residents can enjoy various recreational activities, such as kayaking, fishing, and boating, thanks to the neighborhood's easy access to the water. The nearby Boyd Hill Nature Preserve offers hiking and wildlife viewing trails, while the beautiful beaches of Saint Petersburg provide the perfect backdrop for sunbathing and swimming. The area is also home to various dining options; for entertainment, downtown Saint Petersburg is just a short drive away, offering a lively arts scene, boutique shopping, and cultural attractions. With its natural beauty, recreational opportunities, and cultural experiences, Tropical Shore offers a dynamic and fulfilling lifestyle. ** NO VIEWINGS or ACCESS of this property. Drive by only - there are no interior photos** Please DO NOT DISTURB the occupant(s). ** All potential Buyers are requested to check with the City, County, Zoning, Tax, Schools, and other records to determine all details on this property listed above to their satisfaction. The Buyer is responsible for performing their due diligence before bidding. AS-IS, CASH-ONLY**
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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 | $715,920 | $715,920 | $715,920 |
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 | $1,188 | $1,188 | $1,188 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,584 | $4,584 | $6,286 |
Total Monthly Payment | $5,864 | $5,864 | $7,566 |
* 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.