Under contract-accepting backup offers. Under Construction. READY JUNE, NEARING COMPLETION. Highly sought after Davis Islands NEW CONSTRUCTION single family residence by TB Homes. Seize this opportunity to live in one of the most coveted neighborhoods in all of South Tampa! Just a mere 2 miles to Downtown Tampa (which includes Water Street, Sparkman's Wharf, Amalie Arena, Riverwalk, The Children's Museum, Museum of Modern Art, Spraygrounds Plus many Dining options). 1. 5 miles to Tampa General Hospital. A few short blocks to a vibrant stretch of DI's own Downtown district, full of restaurants, boutiques, a neighborhood grocer & pharmacy. DI has many outdoor options, including a Dog Beach, a canine-friendly stretch of sand with views of boats and yachts, and Davis Islands Park, a green space with kids’ play equipment. Davis Islands is also home to Peter O'Knight Executive Airport. This spectacular property includes 5 bedroom suites, one of which is on the 1st floor, 2 Powder Bathrooms and a 3 Car Garage. In addition to the 5 bedroom suites, the home features an Office, Gym, 1st floor Playroom/Flex Space, Media Room (equipped w/kitchenette), Eat-in Kitchen, Formal Dining, Great Room & Mudroom. Fully enclosed private yard with a Saltwater Heated Pool/Spa, Silver Travertine Decking and Grass. Covered Lanai w/Outdoor Kitchen included. Notable Construction Features; 2 Story Block, Hardie Board Concrete Siding, Brick detailing & Impact Rated Windows. Notable Interior Appointments; Wide Plank Oak Flooring, Smooth Drywall, Wood Trim Detailing, Custom Cabinetry, Sub-Zero Wolf Appliances and an array of Designer Marbles & Porcelain Tiles in wet areas. Renderings are for artistic purposes only, and should not be relied upon for accuracy. Buyer is responsible to review and verify all pertinent information, nothing herein should be relied upon for accuracy. Spec Sheet, Look Book and Plans are available by request.
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Our Executive Mortgage Banker:
Our Insurance Division:
$4,285,000
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 | $3,428,000 | $3,428,000 | $3,428,000 |
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% | 7.014% | 6.915% |
Monthly Tax Payment | $261 | $261 | $261 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $23,095 | $22,520 | $30,335 |
Total Monthly Payment | $23,481 | $22,906 | $30,721 |
* 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.