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403 Magnolia DRIVE, Clearwater, FL, 33756 | $2,500,000
Under contract-accepting backup offers. Welcome to 403 Magnolia Dr. , a stunning Colonial Revival home located in the renowned 'Florida Heritage' neighborhood of Harbor Oaks, nestled in downtown Clearwater. This exceptional property, built between 1918 and 1925, has been thoughtfully restored, updated, and modernized to offer the epitome of elegance. With 9, 644 square feet of living space, this residence boasts 7 bedrooms, 7. 5 bathrooms, and exquisite hardwood flooring throughout.
Step inside and be greeted by the grandeur of the east and west formal living rooms, bathed in natural light streaming through the floor-to-ceiling windows. This home is designed for effortless entertaining, offering a sun-filled solarium, a cozy library, a spacious family room, and a formal dining room. The deluxe kitchen is a culinary enthusiast's dream, featuring top-of-the-line stainless steel appliances, a Dacor gas oven and range, and a convenient walk-in pantry. The first level also includes a generous laundry room that leads to the maid quarters.
Ascending to the second level, you will discover two master bedrooms, each with private access to the expansive wrap-around deck and lanai. These master bedrooms boast luxurious 'Restoration' style bathrooms, exuding elegance and sophistication. Adjacent to the master suites, you will find several guest rooms and a bright Moroccan-themed living room, creating a tranquil and inviting atmosphere.
Continuing to the third level, a magnificent master-style in-law suite awaits, complete with a full bathroom, a cozy fireplace, a sun deck, and multiple storage rooms. The home is situated on over half an acre of meticulously landscaped grounds, showcasing an elegant tropical pool and spa deck, offering a private oasis to relax and unwind.
Conveniently located, this home allows for easy access to downtown Clearwater, where you can explore a multitude of shopping, dining, and entertainment options. Additionally, the world-famous Clearwater Beach is just a short five-minute drive away. All measurements provided are approximate, and buyers are encouraged to verify them.
Experience the pinnacle of refined living at 403 Magnolia Dr. , where timeless elegance and modern comforts seamlessly blend together to create a truly remarkable home. “Rent-to-Buy” option would be considered.
Features
- Rooms: 8
- Bedrooms: 7
- Baths: 7 full / 1 half
- Lot Size: 180 x 130
- Laundry: Corridor Access, Inside, Laundry Closet, Laundry Room
- Style: Colonial, Florida, French Provincial
- Year Built: 1925
- Garage: Boat, Circular Driveway, Curb Parking, Driveway, Ground Level, Guest, Off Street
- Heating: Central, Electric
- Cooling: Central Air
- Approx Sq. Feet: 7,223
- Acreage: 0.54
- Lot Size: 180 x 130
- Est. Taxes: $32,701
- Lot Desc: Corner Lot, Near Golf Course, Oversized Lot, Private, Sidewalk
- View: Garden, Pool, Trees/Woods, Water
- Elem. School: Belleair Elementary-PN
- Middle School: Largo Middle-PN
- High School: Clearwater High-PN
- Pool: Auto Cleaner, Deck, Gunite, Heated, In Ground, Lighting, Self Cleaning, Tile
- Pet Policy: Yes
- Appliances: Bar Fridge, Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Gas Water Heater, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Washer
- MLS#: U8220988
- Days on Market: 142 days
- Website: https://www.raveis.com
/eprop/U8220988/403magnoliadrive_clearwater_fl?source=qrflyer
Listing courtesy of ENGEL & VOLKERS BELLEAIR Phone: 727-461-1000
William Raveis Family of Services
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.
Customer Service
888.699.8876
Contact@raveis.com
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To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
403 Magnolia DRIVE, Clearwater, FL, 33756
$2,500,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
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 | $2,000,000 | $2,000,000 | $2,000,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.250% | 7.000% | 6.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.851% | 7.103% | 7.041% |
| Monthly Tax Payment | $2,725 | $2,725 | $2,725 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $13,644 | $13,306 | $17,837 |
| Total Monthly Payment | $16,494 | $16,156 | $20,687 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388