Under contract-accepting backup offers. The sellers have conducted the boundary survey, soil studies, and home design with a floor plan that has been 90% completed by engineering, structural, civil, mechanical, electrical and plumbing saving the buyer one year of work. The current design needs one final pass through engineers and is ready to submit for permitting. The sellers have pool and landscaping plans as well. The sellers are willing to build and complete the entire project including a pool, spa, full landscaping, security, fully finished closets, window treatments, level 5 smooth walls, high end appliances and finishes throughout for $3M total sales price. Perfect home designed for this lot. More info available upon request. Desirable location in the preeminent neighborhood of Snell Isle in St Petersburg. Flat, partially fenced lot with utility hook ups already in place. Vacant lot that has recently been cleared and is ready for your construction ideas and new home. Soil study and boundary survey completed and available upon request. Don't miss this one.
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Our Executive Mortgage Banker:
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$900,000
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 | $720,000 | $720,000 | $720,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.875% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.851% | 6.989% | 6.936% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,851 | $4,730 | $6,371 |
Total Monthly Payment | $4,943 | $4,822 | $6,463 |
* 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.