PRICED SLASHED FOR AN IMMEDIATE SALE! . . . . With ALMOST TWO Acres of LAND, overlooking the INTRA-COASTAL WATERWAY, you'll be living on your very own PRIVATE PENINSULA (situated on Florida’s Pinellas Peninsula) . . . IF “UNIQUE IS WHAT YOU SEEK”, this is a home you need to view! … The unique PRIVACY this site provides comes from having NO “next door neighbors” – and is apparent when viewing the aerial photos or drone-video …. Whether you are in the market for a 5 Br, 3689 sq ft, TWO STORY ESTATE-TYPE POOL HOME to live in … OR maybe for an ESTATE-Sized INTRA-COASTAL HOME SITE to build that dream home (or TWO?) on … OR if you are looking for a long-term land investment with an Airbnb-type operation for income … STOP LOOKING and CALL TODAY … This is TRULY a "One of a Kind" Property … a nearly IMPOSSIBLE TO FIND 1. 8 Acres of PRIVATE INTRA-COASTAL WATER-FRONTAGE (with 855' of seawall, and a possible-option to Split property into TWO LOTS – each with an Accessory Dwelling Unit allowed) . . . This PRIVATE PENINSULA allows you to enjoy extremely WIDE OPEN and VERY PANORAMIC VIEWS of the INTRA-COASTAL WATERWAY to North and South – PLUS, you'll love the SUNSET EXPOSURE and it’s pleasing Bay Breezes … you’ll have ROOM to add your own Tennis (or Pickle Ball) Courts, a Basketball Court – a SAFE place for your kids and Grandkids to play +++ …. about the only limit to what you can do here will be your imagination … and you’ll be just about a 5-minute drive to Indian Shores and Redington Beaches . . . The Lucky New Owner will not be "ON the Cul-de-Sac" here; NO, you will OWN the ENTIRE Cul de Sac (and then some!) …This property is as large as some subdivisions! … HIGHLIGHTS of this home are: it has Two-Stories (with elevator), 5 Bedrooms, 6 Baths and comes complete with pool, two fireplaces, inside Koi pond, and more – "Dare to Compare" - look and ask around, this offering really IS a "once in a lifetime" opportunity. . . LOCATION is Mid-Pinellas County, Tampa Bay . . . VERY close to Seminole High School, lots of shopping, restaurants, etc … (YET Private & Secluded once you are HOME in your very own "Gated Community") … it's about a 40-minute drive to Tampa International Airport. . . . This is a great option for a 1031-Buyer as well . . SELLER may consider a lease-option offer . . . NOTE to developers / investors: the minimum lot size here is 32, 000 sq ft, per County zoning – this parcel has 2. 45 “lots-worth of land”, based on current zoning (hence likelihood of dividing into TWO LOTS) – there is also a chance of re-zoning - to be consistent with the current Land Use, which allows 5 units / acre - call to discuss) …HURRY on this GREAT OPPORTUNITY (SELLER is a licensed Realtor in FL) … check "comps" here (updated Jan 2024): https: //cloudcma. com/live/8fedfbed4b561237b4518e1c3a0ffd22
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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 | $2,716,000 | $2,716,000 | $2,716,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.500% | 7.250% | 7.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.995% | 7.354% | 7.292% |
Monthly Tax Payment | $727 | $727 | $727 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $18,991 | $18,528 | $24,602 |
Total Monthly Payment | $19,842 | $19,379 | $25,453 |
* 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.