Nestled on the serene shores of Sunset Beach in Treasure Island, FL, this exquisite residence is a haven of tranquility and beauty. Sunset Beach, a gem within the Treasure Island community, is celebrated for its pristine sandy beaches, breathtaking sunsets, and a laid-back vibe that epitomizes coastal living at its finest. The area offers a unique blend of peaceful beach life with the convenience of being close to a variety of dining, shopping, and entertainment options, making it a highly sought-after destination for both residents and visitors alike.
Just steps from the Gulf, in a prime Sunset Beach location, the tranquil waters of "Smugglers Cove" offer a peaceful escape. This exclusive spot boasts a 70+ft seawall on an oversized 2+ lot, a rarity in the area. The calm alcove allows residents to comfortably swim and paddle close to their dock, away from the usual boat traffic, with direct access to the Gulf for those seeking adventure.
This spacious 7-bedroom, 4-bathroom home embodies the spirit of waterfront living. The first floor's thoughtful design features a large kitchen, an oversized living room with charming shiplap and beam ceilings, three bedrooms, two full bathrooms, and a unique game room. The home's vintage Florida charm adds warmth and invites relaxation. The family room leads to a covered patio and expansive backyard, ideal for leisure and entertaining. The upstairs retreat offers four additional bedrooms, two bathrooms, and a sauna for luxurious relaxation.
Parking for up to 10 vehicles, an incredibly rare convenience in Sunset Beach, highlights this property's exceptional appeal. Whether seeking the calm of Smugglers Cove or an investment with significant potential with an unheard-of asking price per square foot for Sunset Beach, this home delivers. There's plenty of potential for remodeling, as plumbing and electrical connections between the floors make it easy to personalize the space to your liking. There also exists the potential to optimize the property for insurance benefits by reducing air-conditioned space to the upper floor, all while aligning with current market values. The lot is large enough to build at least a two-family dwelling in the future and parking will not be an issue!
Situated in the heart of Sunset Beach, this unique home stands as a testament to its unparalleled location. It invites prospective buyers to explore its character and envision a life where vintage allure meets premium coastal living. Schedule a showing today to capture this opportunity to own a slice of Sunset Beach's unmatched charm and sophistication. As an ADDED BONUS, owner financing is available, providing a flexible path to ownership in this coveted location.
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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 | $1,839,200 | $1,839,200 | $1,839,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.875% | 6.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.877% | 7.014% | 7.041% |
Monthly Tax Payment | $472 | $472 | $472 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $12,547 | $12,082 | $16,403 |
Total Monthly Payment | $13,144 | $12,679 | $17,000 |
* 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.