Under contract-accepting backup offers. Welcome to Paradise, located just steps to dining, nightlife and some of the finest white sand beaches along the gulf coast. Your new home is located on one of the most desirable streets in Treasure Island and is not on a canal. Prepare to be mesmerized by the unobstructed view of Boca Ceiga Bay. The views of the open water feel like you are on vacation year round. Away from the hussle, your waterfront retreat is right outside the back door. The large deep water dock allows you to keep any size water toys from wave runners to a yacht, just steps from the house. As one of many homes located on the beaches, this property has been drastically reduced in price for the new owner to finish the drywall, rearrange any room size and install the kitchen and bath cabinets with your choice of color and design. The upstairs primary bedroom and game and media rooms remain finished as shown in previous listing price. The 100’ wide open water view is within walking distance to the beach is exceptional value for the price. Parking is never a problem due to the oversize 3-car garage, circular brick driveway and on street parking available. The house has gated side yards and six foot concrete walls giving complete privacy to the backyard.
Overall, there is 5, 100 sq. foot of air conditioned space under the roof, providing a lot of additional storage areas. Two thirds of the house was new construction since 2002. Experience downtown St. Petersburg: filled with its culture, sports, art festivals and events are just fifteen minutes down Central Ave from Treasure Island. This is truly one of the most conveniently located houses in Treasure Island.
This fine property is priced for a quick cash sale, Schedule a personal tour and make it your home today. Assumable flood policy available. Policy is approx. $4, 700 per year which is a great savings over purchasing a new policy.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,800,000
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 | $1,440,000 | $1,440,000 | $1,440,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.625% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.898% | 6.739% | 6.560% |
Monthly Tax Payment | $935 | $935 | $935 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,866 | $9,220 | $12,445 |
Total Monthly Payment | $9,926 | $10,280 | $13,505 |
* 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.