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** SELLER SAYS "MAKE AN OFFER"! ** Welcome to Riviera Bay – The Best Neighborhood in the World! (And we’ve got the parades to prove it!)
This waterfront gem is all about location, location… did we mention location? Sitting at the end of a cul-de-sac, this oversized lot boasts a jaw-dropping 145 feet of waterfrontage—so much space, even your boat will feel spoiled.
The 3-bedroom, 2-bathroom home with a 2-car garage and a pool comes as-is (thanks to some recent flooding), but let’s be real—the real treasure here is the lot. And if you need proof, just take a peek next door, where a nearly identical lot just sold for $1, 250, 000! Oh, and there’s already a brand-new dream home under construction right beside it. Translation? This is prime real estate, folks.
But Riviera Bay isn’t just about waterfront living—it’s about community vibes like no other. We’re talking a private boat ramp, golf cart parades that turn the streets into a rolling party, a legendary Christmas Eve boat parade, two parks, and American flags lining the streets every 4th of July. Around here, we say: “It’s always a great day in Riviera Bay!” (And trust us, you’ll be saying it too. )
So, whether you’re looking to renovate, rebuild, or just own one of the best pieces of land in the area, this is your shot. Don’t let this waterfront dream slip away!
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$885,000
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 | $708,000 | $708,000 | $708,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.625% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.861% | 6.751% | 6.666% |
Monthly Tax Payment | $319 | $319 | $319 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,302 | $4,533 | $6,167 |
Total Monthly Payment | $4,713 | $4,944 | $6,578 |
* 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.