Under contract-accepting backup offers. Newer Davis Islands Waterfront Home situated on over a 1/4 Acre Canal Front Lot, leading out to Tampa Bay! The home has a very functional layout: 4 Bedrooms, 4 Full Bathrooms, 1 powder bathroom, Office + Bonus Room/Loft. The extraordinary outdoor space thoughtfully crafted includes a saltwater heated pool/spa/sunshelf w/sheer waterfalls that pour out of the fire feature, a putting green, an outdoor kitchen as well as a fully turfed oversized lawn. The entire 1st floor is garage (room for 5 cars) with an Elevator to the 2nd and 3rd levels. The 2nd floor holds an open great room/kitchen/dining room layout w/Nano doors leading out to a covered deck. This level also includes a guest bedroom suite, office & powder bathroom. The primary suite encompasses the entire width of the 3rd level with its own private balcony. The additional 2 bedroom suites and loft/bonus space round out the 3rd level. A whole house generator, smart house automation and new AC units were recently added. Davis Islands is conveniently located just beyond Downtown Tampa, Channelside, Sparkman's Wharf and Harbour Island. Also, just a quick golf cart ride away from Hyde Park Village. DI is also home to Davis Island's Yacht Club, a small sandy beach, a large waterfront park, an array of shops & restaurants, a playground, tennis courts, baseball fields, public pool (newly redesigned with "splash area"), dog parks, boat ramp and small private pilot airport (FBO). Gorrie/Wilson/Plant school district.
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,750,000
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 | $3,000,000 | $3,000,000 | $3,000,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 7.000% | 6.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.851% | 7.128% | 7.061% |
Monthly Tax Payment | $2,320 | $2,320 | $2,320 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $20,212 | $19,959 | $26,756 |
Total Monthly Payment | $22,657 | $22,404 | $29,201 |
* 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.