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WATERFRONT OPPORTUNITY – PRIME 90' x 126' LOT IN ARROWHEAD ESTATES! A LOT AND A HALF! BEAUTIFUL LOT TO BUILD YOUR DREAM HOME!
Nestled in the exclusive Arrowhead Estates, this stunning waterfront lot spans just over 1/4 acre with 90 feet of deep sailboat water frontage, making it an ideal setting to build a spectacular custom home.
The existing 1925 Spanish Mediterranean home has historic charm but sustained flooding during Helene—first time in 100 years! The pool also suffered damage during Milton. This property is being sold AS IS, offering the opportunity to renovate or rebuild to your vision.
Arrowhead Estates is a hidden gem—an intimate enclave of just 50 waterfront homes, with a city park at its heart. New multi-million-dollar estates are redefining this sought-after neighborhood, known for its unbeatable location.
Enjoy easy access to downtown St. Petersburg, the energy of Tampa, and seamless travel connections via the airport. For boating enthusiasts, this is paradise—cruise to the Gulf with no fixed bridges.
Don’t miss this chance to create your dream waterfront retreat in one of the area’s most desirable communities!
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:
$1,350,000
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 | $1,080,000 | $1,080,000 | $1,080,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.625% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.861% | 6.739% | 6.560% |
Monthly Tax Payment | $1,622 | $1,622 | $1,622 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,562 | $6,915 | $9,334 |
Total Monthly Payment | $8,309 | $8,662 | $11,081 |
* 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.