Presented byRenee Macklin |
RARE 1/2 ACRE WATERFRONT LOT ON HILLSBOROUGH RIVER - Nestled in the heart of the highly sought after neighborhood of Riverside Heights is the opportunity to build your dream home. Embrace the peaceful ambiance of this captivating neighborhood while you envision the possibilities and design your ideal residence. The charm of historical brick streets and majestic oaks line the entrance to this property. The deep lot allows you the freedom to build and sits on the East Side of the river where sunsets are incredible! Launch your boat and cruise down the picturesque Hillsborough River to many dining spots like Ricks on the River, Armature Works, and Ulele to name a few, along with easy access to Tampa Bay. Just minutes to Riverwalk, downtown Tampa, I -275, Raymond James Stadium, Amalie Arena, and most of the other local attractions that this great city has to offer. The two two-story shared Dock has been painted and remodeled with composite deck material, and a Topography survey and soil samples have already been completed on this property. With its prime location in one of Tampa’s most fantastic neighborhoods and generous size, this lot holds immense potential for growth in value. Don’t miss your chance to secure your slice of waterfront paradise in this vibrant community along the Hillsborough River!
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,500,000
Sales Associate
William Raveis Real Estate
Phone: 203.912.1931
Renee.Macklin@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.913.1633
Jorge.Rivera@Raveis.com
NMLS Mortgage Loan Originator ID 12303
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** | 7.000% | 6.750% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.786% | 6.888% | 6.976% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $13,306 | $12,972 | $17,698 |
Total Monthly Payment | $13,431 | $13,097 | $17,823 |
* 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.