*PLEASE READ CAREFULLY*
This property is being sold in conjunction with 140 Brightwaters Blvd for the asking price of $10, 000, 000. This offering presents a wonderful opportunity for you to build the legacy home of your dreams on one huge lot, or you can build two homes and decide whether you want to live on the water, or sell one or both lots/homes. The two properties are sitting on 0. 77 acres including the water lot of 140 Brightwaters. It's a rare opportunity to find two large lots adjacent to each other for sale in this location. Downtown St. Pete with all its attractions is just minutes away, and there are three airports, all within 30 minutes of this choice location. The Brightwaters dock will hold a boat at least 58' long, and the boat lift will hold a smaller boat weighing up to 10, 000 pounds. this truly is the opportunity of a lifetime!
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$10,000,000
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 | $8,000,000 | $8,000,000 | $8,000,000 |
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 | $2,558 | $2,558 | $2,558 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $51,225 | $51,225 | $70,240 |
Total Monthly Payment | $53,908 | $53,908 | $72,923 |
* 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.