Under contract-accepting backup offers. On Isle of Capri, there are only 15 lots with more than 200 linear feet of open waterfront! Since 2018, only 3 of these lots have been sold via an arm’s length transaction. More often than not, lots such as these, stay within the family. Today, for the first time - in a long time – one of these prized-possession lots hits the market with 237’ of waterfront on . 3224 acres. This fabulous lot is 100’ deep with 100’ + 137’ of waterfront, with ample room for you to add a fabulous pool! The 100’ is on open water and the 137’ is on a canal, providing a protected place for your boat(s). The dock, which was renewed in 2014, has a 16, 000 lb. lift. The formidable seawall had a new cap and anchors, as well as 64 cubic yards of rip rap installed in 2014. Everything about this property centers on the waterfront. The views are breath-taking and the boating lifestyle enviable. And yet, this home has so much more to offer, including proximity to the beach and warm Gulf waters! There is a plethora of things to enjoy on the mainland of Treasure Island, in addition to the fabulous beach, which, by the way, is within easy walking distance! Treasure Island has wonderful restaurants and fun night spots galore! And after you have finished a ‘hard day’ on the water or having fun at the beach and/or beach bars, you can come home to this incredible 3 bedroom, 3. 5 bath quintessentially authentic Florida home. You will fall in love with the beautifully done open-plan kitchen and matching main guest bath, both of which enjoyed a tasteful remodel in 2020. With 2, 582 acsf of fine Florida living PLUS the large (65’ X 14’) screened patio that faces Johns Pass, there is space galore for living life, entertaining friends and enjoying the great Florida outdoors! Then there is the awesome garage with both front and back garage doors for easy transportation for all your water toys! AND…. the garage has the HUGE ADDED BONUS of an additional adjacent 30’ X 16’ multi-purpose room that could be your studio, gym, luxurious she-shed, man-cave OR whatever tickles your fancy! All-in-all, the home enjoys 4, 842 total sq ft! All windows are either impact or have newer (2021) accordion storm shutters, making storm prep a breeze! (Pardon the pun! ;o) Carpe diem! Tomorrow may be too late!
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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 | $2,160,000 | $2,160,000 | $2,160,000 |
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 | $1,898 | $1,898 | $1,898 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $14,552 | $14,190 | $19,114 |
Total Monthly Payment | $16,575 | $16,213 | $21,137 |
* 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.